THAMES WATER LIMITED
🌳Matureactive
02366623 · ltd · incorporated 1989-04-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window opening · medium confidence
More negotiable than before — 2 signals weakening over the last 30 days.
- · Bankability: 47 → 37
- · Live charges: 3 → 4
What changed my view
Last 30 days
Picture worsened over the last 30 days — 2 negative signals vs 0 positive.
- ↓Bankability: 47 → 37
- ↓Live charges: 3 → 4
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
70/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 30.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 30.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (60/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
100 officers (2 active, 100 linked, 81 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
1028 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 mortgage
Last 90 days
1
filing
- • 1 mortgage
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (219 events)Click to expand
- 2026-07-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-07-15🔒Charge registered #4Lender: Kemble Water Holdings Limited
- 2025-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-07-15📄memorandum-articlesincorporation · MA
- 2024-07-15📄resolutionresolution · RESOLUTIONS
- 2024-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08➕O’DONNELL, Paul appointeddirector
- 2024-07-08➕PIKE, Nicholas John appointeddirector
- 2024-07-08➖BOLTON, Thomas Henrik resigneddirector
- 2024-07-08➖LOWNDES, Susannah resigneddirector
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-20➖COGLEY, Jason David resigneddirector
- 2024-05-20➖DEELEY, Stephen Alan John resigneddirector
- 2024-05-20➖DELA CRUZ, Jenny Lyn resigneddirector
- 2024-05-20➖DENG, Ying resigneddirector
- 2024-05-20➖DIVOKY, Jerry James resigneddirector
- 2024-05-20➖HALL, Alastair Colin resigneddirector
- 2024-04-05➖LEWIS, Sally resignedsecretary
- 2024-04-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-04-03📄capital-allotment-sharescapital · SH01
- 2024-03-27➖KIM, Jae Hun resigneddirector
- 2024-03-08➕DELA CRUZ, Jenny Lyn appointeddirector
- 2024-03-08➕DENG, Ying appointeddirector
- 2024-02-16➕LEWIS, Sally appointedsecretary
- 2024-02-16➖SWIERGON, Benjamin Michal resignedsecretary
- 2024-01-31➕BOLTON, Thomas Henrik appointeddirector
- 2023-10-26➕COGLEY, Jason David appointeddirector
- 2023-10-26➖DENG, Ying resigneddirector
- 2022-12-01➖BLOCH-HANSEN, Michael David, Mr. resigneddirector
- 2022-12-01➕KIM, Jae Hun appointeddirector
- 2022-12-01➖LAMBERT, Guy resigneddirector
- 2022-05-27➖HUGHES, David Jonathan resignedsecretary
- 2022-05-27➕SWIERGON, Benjamin Michal appointedsecretary
- 2022-04-29➕LOWNDES, Susannah appointeddirector
- 2022-02-18➕DENG, Ying appointeddirector
Showing most recent 50 of 219 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Group structure
Kemble Water Finance Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Kemble Water Finance Limited
Corporate parent · holds 75-100% shares
⬇
THAMES WATER LIMITED
This company · 02366623
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 |
|---|---|---|---|---|
Kemble Water Finance Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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
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|---|---|---|---|---|---|---|---|
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| AQUILA TREASURY AND FINANCE SOLUTIONS LIMITED→ 15517454 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| ARC AND YOU C.I.C.→ 11407440 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| ARCADVISORY LIMITED→ 15851113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARCAS & CALLISTO CONSULTING LTD→ 12350441 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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| ARCHANGEL LIGHTWORKS LTD→ 10746274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1989-04-01
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
7th Floor 3 More London Riverside
London
SE1 2AQ
United Kingdom
Filing status
Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31
Officers (2 active · 165 resigned)
O’DONNELL, Paul→
Activedirector · ~48y · appointed 2024-07-08
View their other companies + combined net worth →
PIKE, Nicholas John→
Activedirector · ~64y · appointed 2024-07-08
View their other companies + combined net worth →
BADCOCK, David→
Resignedsecretary · appointed 1995-10-20 · resigned 2001-01-01
BILLETT, Sonia→
Resignedsecretary · appointed 2018-11-28 · resigned 2021-12-23
BYRNE, Simon Harvey→
Resignedsecretary · appointed 2007-02-22 · resigned 2007-08-23
CAMPBELL-WALES, Carolyn→
Resignedsecretary · appointed 2014-11-27 · resigned 2016-07-08
CARSLEY, Robert Clive→
Resignedsecretary · resigned 1995-10-20
HAMILTON, Iain Alexander→
Resignedsecretary · appointed 2007-11-22 · resigned 2009-10-07
HANSON, Joel Edmund→
Resignedsecretary · appointed 2007-08-23 · resigned 2014-11-27
HUGHES, David Jonathan→
Resignedsecretary · appointed 2013-11-29 · resigned 2022-05-27
JOHNSON, Keith Graham→
Resignedsecretary · appointed 2004-01-01 · resigned 2006-06-30
LEWIS, Sally→
Resignedsecretary · appointed 2024-02-16 · resigned 2024-04-05
MORRIS, Derek Aubrey Goodall→
Resignedsecretary · appointed 1997-11-10 · resigned 1998-06-08
POWELL, Ian George→
Resignedsecretary · appointed 2006-06-30 · resigned 2007-03-01
RAVENSCROFT, Janet Mary, Sol→
Resignedsecretary · appointed 1997-07-31 · resigned 2003-12-31
SARSON, Gillian→
Resignedsecretary · appointed 2009-11-27 · resigned 2013-11-29
SARSTED, Wendy Helena→
Resignedsecretary · appointed 2007-02-22 · resigned 2007-08-23
SLOAN, Emma Victoria→
Resignedsecretary · appointed 2016-09-01 · resigned 2018-04-20
SWIERGON, Benjamin Michal→
Resignedsecretary · appointed 2022-05-27 · resigned 2024-02-16
TAYLOR, Peter James→
Resignedsecretary · appointed 2004-01-01 · resigned 2004-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
4
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kemble Water Holdings Kemble Water Holdings Limited | A registered charge | — | 15/07/2026 | — | |
| outstanding | The Law Debenture Pension Trust Corporation as Trustee Under the Rwe Thames Watersupplementary Plan The Law Debenture Pension Trust Corporation PLC as Trustee Under the Rwe Thames Watersupplementary Plan | Fixed and floating security document | 1 property | 19/08/2005 | — | |
| outstanding | The Chase Manhattan Bank, N.A. (As Security Agent) | Charge | 1 property | 12/03/1996 | — | |
| outstanding | The Chase Manhattan Bank, N.A.as Security Agent for the Senior Lenders (The "Security Agent") | Legal charge (the "charge over shareholders account" or "charge") | 1 property | 19/12/1995 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (1028 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-04
change-person-director-company-with-change-date
officers · CH01
2025-05-14
change-account-reference-date-company-current-extended
accounts · AA01
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
memorandum-articles
incorporation · MA
2024-07-15
resolution
resolution · RESOLUTIONS
2024-07-15
termination-director-company-with-name-termination-date
officers · TM01
2024-07-09
termination-director-company-with-name-termination-date
officers · TM01
2024-07-09
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08