C R HALES LIMITED

🌳Matureactive
02650599 · ltd · incorporated 1991-10-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2026
Net worth
£1.73M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · oldest 21.2y

65/100
clean up first

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

  • · Oldest live charge is 21.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,732,395
Net assets shrinking
Down £228,658 YoY
Cash YoY
-11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£71k
↓ 11% YoY
Net Worth
£1.7m
↓ 12% YoY
Current Assets
£193k
↑ 21% YoY
Current Liabilities
—
£0£392k£784k£1.2m£1.6m£2.0mFeb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-282025-02-28
Total assets£2.24M£2.67M
Current assets£193.2k£159.6k
Cash£70.8k£79.8k
Debtors£53.8k£34.6k
Net assets£1.73M£1.96M

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
3
filings
  • • 1 capital
  • • 1 accounts
  • • 1 mortgage
Last 90 days
3
filings
  • • 1 capital
  • • 1 accounts
  • • 1 mortgage
Last 180 days
4
filings
  • • 1 capital
  • • 1 accounts
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-07-14
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  2. 2026-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-07-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-07-01
    🔓
    Charge satisfied #4
  5. 2025-09-29
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  6. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-21
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  8. 2024-10-21
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  9. 2024-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-03-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2022-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-05-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-10-04
    ➖
    HALES, Gillian Mary resigned
    secretary
  19. 2021-10-04
    ➖
    HALES, Gillian Mary resigned
    director
  20. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2014-03-27
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  23. 2013-11-12
    ➖
    HALES, Charles Richard resigned
    director
  24. 2007-01-24
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  25. 2006-07-01
    ➕
    FREEMAN, Victoria Jayne appointed
    director
  26. 2005-07-01
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  27. 2005-04-19
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  28. 2005-03-01
    ➕
    HALES, Stuart Justin appointed
    director
  29. 1991-10-08
    ➕
    HALES, Gillian Mary appointed
    secretary
  30. 1991-10-08
    ➖
    L & A SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  31. 1991-10-08
    ➕
    HALES, Charles Richard appointed
    director
  32. 1991-10-08
    ➕
    HALES, Gillian Mary appointed
    director
  33. 1991-10-08
    ➖
    L & A REGISTRARS LIMITED resigned
    corporate-nominee-director
  34. 1991-10-02
    🏢
    Company incorporated
    As C R HALES LIMITED
  35. 1991-10-02
    ➕
    L & A SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  36. 1991-10-02
    ➕
    L & A REGISTRARS LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "HALES" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Victoria Jayne Freeman
Individual · British · DOB 07/1966 · age 60
25–50%
25–50%board control25-50% shares · 25-50% voting · board control17/03/2023
Mr Stuart Justin Hales
Individual · British · DOB 11/1969 · age 57
25–50%
25–50%board control25-50% shares · 25-50% voting · board control17/03/2023
1 historic (ceased) PSC
  • Mrs Gillian Mary Halesceased 04/10/2021· 75-100% shares

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
Incorporated1991-10-02
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

31-35 Pinbush Road
Lowestoft
Suffolk
NR33 7NL
England

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (2 active · 5 resigned)

FREEMAN, Victoria Jayne→
director · ~60y · appointed 2006-07-01
View their other companies + combined net worth →
Active
HALES, Stuart Justin→
director · ~57y · appointed 2005-03-01
View their other companies + combined net worth →
Active
HALES, Gillian Mary→
secretary · appointed 1991-10-08 · resigned 2021-10-04
Resigned
L & A SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 1991-10-02 · resigned 1991-10-08
Resigned
HALES, Charles Richard→
director · ~87y · appointed 1991-10-08 · resigned 2013-11-12
Resigned
HALES, Gillian Mary→
director · ~83y · appointed 1991-10-08 · resigned 2021-10-04
Resigned
L & A REGISTRARS LIMITED→
corporate-nominee-director · appointed 1991-10-02 · resigned 1991-10-08
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property27/03/201401/07/2026
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property24/01/2007—
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property01/07/2005—
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property19/04/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

capital-alter-shares-redemption-statement-of-capital
capital · SH02
2026-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-06
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-09
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2024-10-21
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2024-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-17