PORTSMOUTH WATER LIMITED

🌳Matureactive
02536455 · ltd · incorporated 1990-08-31
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
37 officers (7 active, 37 linked, 32 with DOB)
87
Ownership & PSC
2 active PSC(s) of 9 total, 9 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
183 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (82 events)Click to expand
  1. 2025-12-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2025-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-10-30
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-10-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-10-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2025-09-26
    HEWSON, Hayley Elizabeth appointed
    secretary
  8. 2025-09-25
    HARDYMAN, Christopher Neil resigned
    secretary
  9. 2025-09-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2024-09-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2024-02-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-10-16
    DARCY, Sharon Helen appointed
    director
  13. 2023-10-16
    WILSON, Angela resigned
    director
  14. 2023-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-08-02
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2023-07-24
    📄
    capital-allotment-shares
    capital · SH01
  18. 2023-07-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2023-03-29
    📄
    capital-allotment-shares
    capital · SH01
  20. 2023-03-17
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2022-07-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2022-01-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-01-17
    STOIMENOVA, Lara Dimitrova, Dr appointed
    director
  24. 2022-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2021-12-31
    COFFIN, Michael Robert resigned
    director
  26. 2021-12-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2021-10-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  28. 2021-10-01
    MILNER, John Christopher appointed
    director
  29. 2021-09-30
    ORTON, Helen Mary Grace resigned
    director
  30. 2021-04-01
    LOUGHLIN, Christopher appointed
    director
  31. 2021-03-05
    OWENS, David William resigned
    director
  32. 2020-07-01
    WILSON, Angela appointed
    director
  33. 2020-06-30
    JOHNSON, Martin resigned
    director
  34. 2020-06-11
    KIRK, Mike resigned
    director
  35. 2020-05-01
    DEACON, Christopher appointed
    director
  36. 2019-03-31
    BENJAMIN, Heather Virginia resigned
    director
  37. 2019-01-02
    COFFIN, Michael Robert appointed
    director
  38. 2018-12-31
    SMITH, Neville resigned
    director
  39. 2018-11-01
    TAYLOR, Colin Robert appointed
    director
  40. 2018-11-01
    PORTEOUS, Roderic Colquhoun resigned
    director
  41. 2018-03-16
    OWENS, David William appointed
    director
  42. 2015-10-12
    ORTON, Helen Mary Grace appointed
    director
  43. 2015-01-01
    SHEERAN, Nick John resigned
    director
  44. 2014-09-30
    LAZENBY, Terence Michael resigned
    director
  45. 2014-07-01
    JOHNSON, Martin appointed
    director
  46. 2012-11-01
    BENJAMIN, Heather Virginia appointed
    director
  47. 2012-11-01
    KIRK, Mike appointed
    director
  48. 2012-11-01
    SULLIVAN, Robert Leonard resigned
    director
  49. 2012-11-01
    TENNANT, Raymond John resigned
    director
  50. 2012-05-01
    NEVE, Andrew Richard resigned
    director
Showing most recent 50 of 82 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Portsmouth Water Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Portsmouth Water Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PORTSMOUTH WATER LIMITED
This company · 02536455

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Portsmouth Water Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr Christopher Loughlin
Individual · British · DOB 08/1952 · age 74
sig. influencesignificant influence01/04/2021
7 historic (ceased) PSCs
  • Mr David William Owensceased 05/03/2021· significant influence · firm interest
  • Ancala Fornia Limitedceased 16/03/2018· 75-100% shares · 75-100% voting · board control
  • Mr Stuart Robert Lindsayceased 16/03/2018· significant influence · trust interest
  • Mr Neville Smithceased 16/03/2018· significant influence · trust interest
  • Mr David James Ellisceased 16/03/2018· significant influence · trust interest
  • Mr Paul Treagustceased 16/03/2018· significant influence · trust interest
  • Mr Mark Shepherdceased 16/03/2018· significant influence · trust interest

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 →

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

7 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
Incorporated1990-08-31
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000

Registered office

Brockhampton Springs
West Street
Havant
PO9 1LG
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (7 active · 30 resigned)

HEWSON, Hayley Elizabeth
secretary · appointed 2025-09-26
View their other companies + combined net worth →
Active
DARCY, Sharon Helen
director · ~59y · appointed 2023-10-16
View their other companies + combined net worth →
Active
DEACON, Christopher
director · ~79y · appointed 2020-05-01
View their other companies + combined net worth →
Active
LOUGHLIN, Christopher
director · ~74y · appointed 2021-04-01
View their other companies + combined net worth →
Active
MILNER, John Christopher
director · ~50y · appointed 2021-10-01
View their other companies + combined net worth →
Active
STOIMENOVA, Lara Dimitrova, Dr
director · ~54y · appointed 2022-01-17
View their other companies + combined net worth →
Active
TAYLOR, Colin Robert
director · ~65y · appointed 2018-11-01
View their other companies + combined net worth →
Active
BATTY, John Francis
secretary · resigned 1992-10-15
Resigned
HALFORD, Susan Grace
secretary · appointed 1992-10-15 · resigned 2003-05-31
Resigned
HARDYMAN, Christopher Neil
secretary · appointed 2008-04-01 · resigned 2025-09-25
Resigned
SMITH, Neville
secretary · appointed 2003-06-26 · resigned 2008-03-31
Resigned
BAILEY, Frederick Arthur
director · ~103y · resigned 1999-11-18
Resigned
BATTY, John Francis
director · ~94y · resigned 2002-12-31
Resigned
BENJAMIN, Heather Virginia
director · ~68y · appointed 2012-11-01 · resigned 2019-03-31
Resigned
CHILDS, Philip David
director · ~120y · resigned 1992-01-23
Resigned
COFFIN, Michael Robert
director · ~67y · appointed 2019-01-02 · resigned 2021-12-31
Resigned
COGLEY, John Edward
director · ~74y · appointed 1997-06-01 · resigned 2009-08-31
Resigned
COPP, Martin Cecil, Dr
director · ~88y · appointed 1992-10-01 · resigned 2001-12-07
Resigned
GLANVILLE, John Foster
director · ~108y · resigned 1993-12-16
Resigned
GUYMER, Eric Norman Lawrence
director · ~117y · resigned 1992-03-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Capita Irg Trustees
Capita Irg Trustees Limited
Borrower debenture1 property26/06/2002
outstanding
Capita Irg Trustees
Capita Irg Trustees Limited
Borrower security trust and intercreditor deed1 property26/06/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (183 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-17
resolution
resolution · RESOLUTIONS
2025-10-30
memorandum-articles
incorporation · MA
2025-10-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-05
appoint-person-secretary-company-with-name-date
officers · AP03
2025-10-05
accounts-with-accounts-type-full
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-full
accounts · AA
2024-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-22
appoint-person-director-company-with-name-date
officers · AP01
2023-10-16
termination-director-company-with-name-termination-date
officers · TM01
2023-10-16
resolution
resolution · RESOLUTIONS
2023-08-02
capital-allotment-shares
capital · SH01
2023-07-24