THE FULFILMENT WAREHOUSE LIMITED

🌳Matureactive
03677193 · ltd · incorporated 1998-12-02
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.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2026
Net worth
£302.6k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 27.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 27.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — 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
13 officers (3 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £302,589

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£303k
↑ 20% YoY
Current Assets
£508k
~ YoY
Current Liabilities
£0£102k£203k£305k£407k£508kFeb 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£348.8k£317.4k
Current assets£508.4k£504.4k
Net assets£302.6k£252.5k

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
6
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
6
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-06-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-06-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2026-05-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2026-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-07-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-05-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-05-13
    WHITING, Elizabeth appointed
    director
  14. 2023-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-08-31
    ORCHARD, John Michael resigned
    director
  16. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-06-04
    MULLIS, Raymond Michael resigned
    director
  21. 2021-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2016-11-01
    STREET, Sarah appointed
    director
  23. 2016-05-27
    WHITING, Craig Sullivan appointed
    director
  24. 2016-05-27
    JOHNSTON, David Geoffrey resigned
    director
  25. 2016-05-27
    MULLIS, Raymond Michael appointed
    director
  26. 2016-05-27
    ORCHARD, John Michael appointed
    director
  27. 2015-07-27
    🔓
    Charge satisfied #4
  28. 2015-07-24
    🔓
    Charge satisfied #2
  29. 2015-07-08
    STREET, Sarah resigned
    director
  30. 2014-03-27
    ADAMSON, Steven Mark resigned
    secretary
  31. 2014-03-27
    ADAMSON, Steven Mark resigned
    director
  32. 2014-03-24
    STREET, Sarah appointed
    director
  33. 2008-07-28
    ADAMSON, Steven Mark appointed
    director
  34. 2007-09-21
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  35. 2007-08-25
    🔓
    Charge satisfied #1
  36. 2007-06-11
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Commercial Finance Limited
  37. 2005-10-10
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  38. 2001-02-02
    ADAMSON, Steven Mark appointed
    secretary
  39. 2001-02-02
    WELLS, Claire resigned
    secretary
  40. 2001-02-02
    WELLS, Claire resigned
    director
  41. 1999-03-15
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  42. 1998-12-02
    🏢
    Company incorporated
    As THE FULFILMENT WAREHOUSE LIMITED
  43. 1998-12-02
    WELLS, Claire appointed
    secretary
  44. 1998-12-02
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  45. 1998-12-02
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  46. 1998-12-02
    JOHNSTON, David Geoffrey appointed
    director
  47. 1998-12-02
    WELLS, Claire appointed
    director
  48. 1998-12-02
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  49. 1998-12-02
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Alpha Response Print & Mail Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Alpha Response Print & Mail Ltd
Corporate parent · holds 75-100% shares
ultimate parent
THE FULFILMENT WAREHOUSE LIMITED
This company · 03677193

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%
NameSharesVoting rightsNature of controlNotified
Alpha Response Print & Mail Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting28/04/2026
2 historic (ceased) PSCs
  • Mr Craig Sullivan Whitingceased 28/04/2026· 25-50% shares
  • Mr John Micheal Orchardceased 31/08/2023· 25-50% 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 →

Similar companies

Active · Trade services · GL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AEGIS SECURITY & PROTECTION SERVICES LTD
14791716 · est 2023 · no financials extracted
3y
AKH AUTHENTIC LTD
10661729 · est 2017 · no financials extracted
9y
ALDERTON COMMUNITY TRUST
05773809 · est 2006 · no financials extracted
20y
ALEXANDER SQUARE PARTNERS LIMITED
11401896 · est 2018 · no financials extracted
7y
ALEXANDER SQUARE PARTNERS NOMINEES LIMITED
15964635 · est 2024 · no financials extracted
1y
ALG GARDENING & LANDSCAPING LTD
13356250 · est 2021 · no financials extracted
4y
ALL DONE AND DUSTED CLEANING SERVICES DOMESTIC COTSWOLDS LTD
12254590 · est 2019 · no financials extracted
6y
ALLYN SYSTEMS LTD
10380961 · est 2016 · no financials extracted
9y
ALPHA FIRE & FLOOD SERVICES LIMITED
07784103 · est 2011 · no financials extracted
14y
ALT ARB LTD
11709075 · est 2018 · no financials extracted
7y
ALTAIR HELICOPTERS AND PROFESSIONAL SERVICES LTD
08009992 · est 2012 · no financials extracted
14y
ALTAMIRA PROJECT SOLUTIONS LIMITED
08583278 · est 2013 · no financials extracted
12y
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
Incorporated1998-12-02
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

Unit 25b Anson Business Park
Cheltenham Road East
Gloucester
GL2 9QU
England

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-05-25
Last: 2026-05-11

Officers (3 active · 10 resigned)

STREET, Sarah
director · ~66y · appointed 2016-11-01
View their other companies + combined net worth →
Active
WHITING, Craig Sullivan
director · ~56y · appointed 2016-05-27
View their other companies + combined net worth →
Active
WHITING, Elizabeth
director · ~58y · appointed 2024-05-13
View their other companies + combined net worth →
Active
ADAMSON, Steven Mark
secretary · appointed 2001-02-02 · resigned 2014-03-27
Resigned
WELLS, Claire
secretary · appointed 1998-12-02 · resigned 2001-02-02
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1998-12-02 · resigned 1998-12-02
Resigned
ADAMSON, Steven Mark
director · ~55y · appointed 2008-07-28 · resigned 2014-03-27
Resigned
JOHNSTON, David Geoffrey
director · ~85y · appointed 1998-12-02 · resigned 2016-05-27
Resigned
MULLIS, Raymond Michael
director · ~73y · appointed 2016-05-27 · resigned 2021-06-04
Resigned
ORCHARD, John Michael
director · ~66y · appointed 2016-05-27 · resigned 2023-08-31
Resigned
STREET, Sarah
director · ~66y · appointed 2014-03-24 · resigned 2015-07-08
Resigned
WELLS, Claire
director · ~57y · appointed 1998-12-02 · resigned 2001-02-02
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 1998-12-02 · resigned 1998-12-02
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property21/09/200727/07/2015
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property11/06/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property10/10/200524/07/2015
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property15/03/199925/08/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-06-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-15
appoint-person-director-company-with-name-date
officers · AP01
2024-05-15
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15