WOLF SYSTEMS LIMITED

🌳Matureactive
02151148 · ltd · incorporated 1987-07-29
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.4y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£15.64M
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 36.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 36.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
15 officers (4 active, 15 linked, 11 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £15,642,438
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9.9m
↑ 13% YoY
Net Worth
£16m
↑ 6.5% YoY
Current Assets
£13m
↑ 8.0% YoY
Current Liabilities
—
£0£3.1m£6.3m£9.4m£13m£16mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£15.71M£14.91M
Current assets£12.89M£11.93M
Cash£9.94M£8.78M
Debtors£2.39M£2.49M
Net assets£15.64M£14.68M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2022-09-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-07-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-07-07
    ➖
    RICHES, Christopher Derek resigned
    director
  7. 2021-09-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2020-12-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2019-09-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2019-06-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2019-06-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2019-06-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2019-06-06
    🔓
    Charge satisfied #3
  14. 2019-06-06
    🔓
    Charge satisfied #2
  15. 2019-06-06
    🔓
    Charge satisfied #1
  16. 2018-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-03-29
    ➕
    FOSTER, Karl appointed
    secretary
  18. 2018-03-29
    ➕
    HARRIS, Robert Joseph appointed
    director
  19. 2018-03-29
    ➖
    LEANEY, David Andrew resigned
    secretary
  20. 2018-03-29
    ➖
    LEANEY, David Andrew resigned
    director
  21. 2018-03-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2018-03-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2018-03-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  24. 2018-03-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2016-09-29
    ➖
    C H REGISTRARS LIMITED resigned
    corporate-secretary
  26. 2016-09-23
    ➕
    LEANEY, David Andrew appointed
    secretary
  27. 2013-02-04
    ➕
    STADLER, Heinz appointed
    director
  28. 2013-02-04
    ➖
    STADLER, Michael resigned
    director
  29. 2009-01-05
    ➕
    FOSTER, Karl appointed
    director
  30. 2009-01-05
    ➕
    FOSTER, Karl appointed
    director
  31. 2009-01-05
    ➖
    FOSTER, Karl resigned
    director
  32. 2008-12-31
    ➖
    RITCHIE, Alan resigned
    director
  33. 2008-12-05
    ➕
    STADLER, Michael appointed
    director
  34. 2008-12-05
    ➖
    WOLF, Johann resigned
    director
  35. 2003-03-07
    ➖
    BRYAN, Ronald John resigned
    director
  36. 2002-04-01
    ➕
    RITCHIE, Alan appointed
    director
  37. 2000-10-24
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  38. 1998-03-13
    ➖
    DAY, Brian Richard resigned
    director
  39. 1998-03-01
    ➕
    LEANEY, David Andrew appointed
    director
  40. 1997-12-02
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  41. 1993-09-22
    ➕
    C H REGISTRARS LIMITED appointed
    corporate-secretary
  42. 1993-09-22
    ➖
    C H REGISTRARS LIMITED resigned
    corporate-secretary
  43. 1990-02-21
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  44. 1987-07-29
    🏢
    Company incorporated
    As WOLF SYSTEMS LIMITED

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1987-07-29
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Shilton Industrial Estate Bulkington Road
Shilton
Coventry
CV7 9QL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (4 active · 11 resigned)

FOSTER, Karl→
secretary · appointed 2018-03-29
View their other companies + combined net worth →
Active
FOSTER, Karl→
director · ~59y · appointed 2009-01-05
View their other companies + combined net worth →
Active
HARRIS, Robert Joseph→
director · ~55y · appointed 2018-03-29
View their other companies + combined net worth →
Active
STADLER, Heinz→
director · ~41y · appointed 2013-02-04
View their other companies + combined net worth →
Active
LEANEY, David Andrew→
secretary · appointed 2016-09-23 · resigned 2018-03-29
Resigned
C H REGISTRARS LIMITED→
corporate-secretary · appointed 1993-09-22 · resigned 2016-09-29
Resigned
C H REGISTRARS LIMITED→
corporate-secretary · resigned 1993-09-22
Resigned
BRYAN, Ronald John→
director · ~88y · resigned 2003-03-07
Resigned
DAY, Brian Richard→
director · ~87y · resigned 1998-03-13
Resigned
FOSTER, Karl→
director · ~59y · appointed 2009-01-05 · resigned 2009-01-05
Resigned
LEANEY, David Andrew→
director · ~69y · appointed 1998-03-01 · resigned 2018-03-29
Resigned
RICHES, Christopher Derek→
director · ~69y · resigned 2022-07-07
Resigned
RITCHIE, Alan→
director · ~56y · appointed 2002-04-01 · resigned 2008-12-31
Resigned
STADLER, Michael→
director · ~72y · appointed 2008-12-05 · resigned 2013-02-04
Resigned
WOLF, Johann→
director · ~93y · resigned 2008-12-05
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/10/200006/06/2019
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property02/12/199706/06/2019
satisfied
Barclays
Barclays Bank PLC
Debenture1 property21/02/199006/06/2019

Recent filings (146 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-medium
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-12
accounts-with-accounts-type-full
accounts · AA
2022-09-28
termination-director-company-with-name-termination-date
officers · TM01
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06
accounts-with-accounts-type-full
accounts · AA
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-31
accounts-with-accounts-type-full
accounts · AA
2019-09-19