WATES HOMES (BRACKNELL) LIMITED
🌳Matureactive
02285497 · ltd · incorporated 1988-08-09
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
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 35.8y 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
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 35.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 35.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
30 officers (3 active, 30 linked, 21 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
174 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (72 events)Click to expand
- 2025-06-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-03🔓Charge satisfied #1
- 2025-04-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-03➖WATES, Timothy Andrew De Burgh resigneddirector
- 2025-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-12➕WAINWRIGHT, Philip Michael appointeddirector
- 2022-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-16➖ALLEN, David Owen resigneddirector
- 2022-03-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-07📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-04-07📄legacyaccounts · PARENT_ACC
- 2021-04-07📄legacyother · AGREEMENT2
- 2021-04-07📄legacyother · GUARANTEE2
- 2020-06-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-15➖LEACH, Martin Geoffrey resigneddirector
- 2019-03-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-12-03➖ALLEN, David Owen resignedsecretary
- 2018-03-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-01-04➕ALLEN, David Owen appointedsecretary
- 2016-01-04➖DAVIES, David Huw resignedsecretary
- 2016-01-04➕ALLEN, David Owen appointeddirector
- 2016-01-04➖DAVIES, David Huw resigneddirector
- 2015-10-22➕BOWEN, David Alexander appointeddirector
- 2015-10-22➖JARRETT, John Michael resigneddirector
- 2013-11-01➕LEACH, Martin Geoffrey appointeddirector
- 2007-12-31➕DAVIES, David Huw appointedsecretary
- 2007-12-31➖STYANT, Terry Ann resignedsecretary
- 2007-10-01➖HEWITT, Cara Louise resigneddirector
- 2007-10-01➕JARRETT, John Michael appointeddirector
- 2006-05-30➖DAVIES, David Huw resignedsecretary
- 2006-05-30➕STYANT, Terry Ann appointedsecretary
- 2005-12-31➕BROCKLEBANK, David Michael appointeddirector
- 2005-12-31➕HEWITT, Cara Louise appointeddirector
- 2005-12-31➖PHIPPS, Paul David resigneddirector
- 2005-12-31➕WATES, Timothy Andrew De Burgh appointeddirector
- 2005-02-01➕DAVIES, David Huw appointedsecretary
- 2005-02-01➖HOULTON, Jonathan Charles Bennett resignedsecretary
- 2005-02-01➕DAVIES, David Huw appointeddirector
- 2005-02-01➖HOULTON, Jonathan Charles Bennett resigneddirector
- 2002-04-30➖GAME, Ashley resignedsecretary
- 2002-04-30➕HOULTON, Jonathan Charles Bennett appointedsecretary
- 2001-12-12➕PHIPPS, Paul David appointeddirector
- 2001-12-12➖TULLAH, Neville resigneddirector
- 2001-01-22➕TULLAH, Neville appointeddirector
- 2001-01-22➖WATES, Christopher Stephen, Sir resigneddirector
Showing most recent 50 of 72 events
Owner dependency
68/100
High — earn-out structure requiredMaterial 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 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Wates Developments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Wates Developments Limited
Corporate parent · holds 75-100% shares · board control
⬇
WATES HOMES (BRACKNELL) LIMITED
This company · 02285497
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wates Developments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 →Similar companies
Active · Construction · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & E GENERAL CONSTRUCTION LTD→ 09411806 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| A 1 CONSTRUCTION (PVT) LTD→ 12362556 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A.C.VAN SANTEN & SON LIMITED→ 00621928 · est 1959 · no financials extracted | — | — | — | — | 67y | — | — |
| A&E CONSTRUCTION 2B LTD→ 15116094 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCESS PLATFORMS (UK) LIMITED→ 07053800 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ADAMJ&CO LTD→ 13102101 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAPT AND BUILD LTD→ 15985584 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADF ELECTRICAL LTD→ 13705818 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADF PROPERTY SERVICES LTD→ 13284388 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCE FIRE INSTALLATIONS LTD→ 11562053 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED ACCESS MEDIA LTD→ 13185481 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED ACCESS PLATFORMS LTD→ 06360751 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated1988-08-09
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
Wates House
Station Approach
Leatherhead
Surrey
KT22 7SW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (3 active · 27 resigned)
BOWEN, David Alexander→
Activedirector · ~59y · appointed 2015-10-22
View their other companies + combined net worth →
BROCKLEBANK, David Michael→
Activedirector · ~56y · appointed 2005-12-31
View their other companies + combined net worth →
WAINWRIGHT, Philip Michael→
Activedirector · ~61y · appointed 2022-12-12
View their other companies + combined net worth →
ALLEN, David Owen→
Resignedsecretary · appointed 2016-01-04 · resigned 2018-12-03
DAVIES, David Huw→
Resignedsecretary · appointed 2007-12-31 · resigned 2016-01-04
DAVIES, David Huw→
Resignedsecretary · appointed 2005-02-01 · resigned 2006-05-30
GAME, Ashley→
Resignedsecretary · appointed 2000-10-02 · resigned 2002-04-30
HOULTON, Jonathan Charles Bennett→
Resignedsecretary · appointed 2002-04-30 · resigned 2005-02-01
HOULTON, Jonathan Charles Bennett→
Resignedsecretary · appointed 2000-06-30 · resigned 2000-10-02
MACKIE, William Graham→
Resignedsecretary · appointed 1994-04-29 · resigned 2000-06-30
SAREEN, Narinder Singh→
Resignedsecretary · resigned 1995-04-29
STYANT, Terry Ann→
Resignedsecretary · appointed 2006-05-30 · resigned 2007-12-31
ALLEN, David Owen→
Resigneddirector · ~54y · appointed 2016-01-04 · resigned 2022-08-16
CALLENDER, John Dalrymple→
Resigneddirector · ~76y · appointed 1992-06-30 · resigned 1992-11-02
DAVIES, David Huw→
Resigneddirector · ~70y · appointed 2005-02-01 · resigned 2016-01-04
HASSELL, Brian Charles→
Resigneddirector · ~94y · resigned 1992-06-30
HEWITT, Cara Louise→
Resigneddirector · ~54y · appointed 2005-12-31 · resigned 2007-10-01
HOULTON, Jonathan Charles Bennett→
Resigneddirector · ~65y · appointed 1998-08-27 · resigned 2005-02-01
JARRETT, John Michael→
Resigneddirector · ~65y · appointed 2007-10-01 · resigned 2015-10-22
KENNEDY, Christopher John→
Resigneddirector · ~77y · appointed 1996-12-06 · resigned 1999-10-22
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Mercantile Credit Company Mercantile Credit Company Limited | Mortgage debenture | 1 property | 15/10/1990 | 03/06/2025 |
Recent filings (174 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-03
accounts-with-accounts-type-dormant
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
termination-director-company-with-name-termination-date
officers · TM01
2025-02-03
accounts-with-accounts-type-dormant
accounts · AA
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-dormant
accounts · AA
2023-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
appoint-person-director-company-with-name-date
officers · AP01
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
accounts-with-accounts-type-dormant
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2021-04-07
legacy
accounts · PARENT_ACC
2021-04-07