11 ST SIMONS ROAD MANAGEMENT LIMITED

💤Zombieactive
03626592 · ltd · incorporated 1998-09-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Asset-holding vehicle with a 85-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 85). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
77 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-10-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-11-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2022-11-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-11-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-11-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2015-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-10-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-06-30
    PENLINGTON, Joan Doreen resigned
    director
  17. 2012-08-26
    WATTS, Jason Marric resigned
    director
  18. 2002-09-01
    ALEXANDER, Daniel James resigned
    director
  19. 2002-09-01
    WATTS, Jason Marric appointed
    director
  20. 1999-09-10
    WATTS, David Bertram appointed
    secretary
  21. 1999-09-10
    WATTS, David Bertram appointed
    director
  22. 1999-09-10
    ALEXANDER, Daniel James appointed
    director
  23. 1999-09-10
    MERRETT, Christina resigned
    director
  24. 1999-09-10
    PENLINGTON, Joan Doreen appointed
    director
  25. 1998-09-04
    🏢
    Company incorporated
    As 11 ST SIMONS ROAD MANAGEMENT LIMITED
  26. 1998-09-04
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  27. 1998-09-04
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  28. 1998-09-04
    MERRETT, Christina appointed
    director
  29. 1998-09-04
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  30. 1998-09-04
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Bertram Watts
Individual · British · DOB 01/1941 · age 85
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

8 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
Incorporated1998-09-04
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

11 Saint Simons Road
Southsea
Hampshire
PO5 2PE

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 6 resigned)

WATTS, David Bertram
secretary · appointed 1999-09-10
View their other companies + combined net worth →
Active
WATTS, David Bertram
director · ~85y · appointed 1999-09-10
View their other companies + combined net worth →
Active
SECRETARIAL APPOINTMENTS LIMITED
corporate-nominee-secretary · appointed 1998-09-04 · resigned 1998-09-04
Resigned
ALEXANDER, Daniel James
director · ~51y · appointed 1999-09-10 · resigned 2002-09-01
Resigned
MERRETT, Christina
director · ~75y · appointed 1998-09-04 · resigned 1999-09-10
Resigned
PENLINGTON, Joan Doreen
director · ~90y · appointed 1999-09-10 · resigned 2014-06-30
Resigned
WATTS, Jason Marric
director · ~59y · appointed 2002-09-01 · resigned 2012-08-26
Resigned
CORPORATE APPOINTMENTS LIMITED
corporate-nominee-director · appointed 1998-09-04 · resigned 1998-09-04
Resigned

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

Recent filings (77 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-dormant
accounts · AA
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-dormant
accounts · AA
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-29
accounts-with-accounts-type-dormant
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
gazette-notice-compulsory
gazette · GAZ1
2022-11-22
accounts-with-accounts-type-dormant
accounts · AA
2021-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-06
accounts-with-accounts-type-dormant
accounts · AA
2020-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-30