LAND & WATER PLANT LIMITED
🌳Matureactive
03859592 · ltd · incorporated 1999-10-15
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 Dec 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 80). Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
30 live charges · 10 lenders · oldest 26.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.1 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
30 charges (30/30 with lender, 30/30 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 4 with DOB)
79
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 1900 | 2000 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2025-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-08📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-10-08📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-28🔒Charge registered #30Lender: Lombard North Central PLC
- 2024-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-22🔒Charge registered #29Lender: Lombard North Central PLC
- 2024-01-01➕CLARKE, Benjamin Graham appointeddirector
- 2023-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-09-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-09-21🔓Charge satisfied #13
- 2023-09-21🔓Charge satisfied #12
- 2022-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-30🔒Charge registered #28Lender: Lombard North Central PLC
- 2022-06-30🔒Charge registered #27Lender: Lombard North Central PLC
- 2022-05-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-18🔒Charge registered #26Lender: Lombard North Central PLC
- 2022-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-07🔒Charge registered #25Lender: Lombard North Central PLC
- 2022-03-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-09🔒Charge registered #24Lender: Lombard North Central PLC
- 2022-01-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-01-01➕BISHOP, Kim appointedsecretary
- 2021-09-30➖BROWNING, Roger resignedsecretary
- 2021-09-28🔒Charge registered #23Lender: Lombard North Central PLC
- 2021-04-09🔒Charge registered #22Lender: Lombard North Central PLC
- 2021-04-09🔒Charge registered #21Lender: Lombard North Central PLC
- 2021-04-09🔒Charge registered #20Lender: Lombard North Central PLC
- 2019-07-05🔒Charge registered #19Lender: United Trust Bank Limited
- 2019-05-08🔓Charge satisfied #14
- 2018-08-30🔓Charge satisfied #1
- 2017-11-22🔒Charge registered #18Lender: National Westminster Bank PLC
- 2017-07-25🔒Charge registered #17Lender: Santander Asset Finance PLC
- 2017-07-18🔓Charge satisfied #4
- 2017-07-18🔓Charge satisfied #3
- 2017-07-13🔓Charge satisfied #11
- 2017-07-13🔓Charge satisfied #10
- 2017-07-13🔓Charge satisfied #2
- 2017-07-10🔓Charge satisfied #8
- 2017-07-10🔓Charge satisfied #7
- 2017-07-10🔓Charge satisfied #6
- 2017-07-10🔓Charge satisfied #5
Showing most recent 50 of 77 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
17 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
M H J Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
M H J Limited
Corporate parent · holds 75-100% shares
⬇
LAND & WATER PLANT LIMITED
This company · 03859592
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
M H J Limited Corporate entity | 75–100% | — | 75-100% shares | 15/10/2016 |
Mr Richard Edward Fitzharding Melhuish Individual · British · DOB 09/1946 · age 80 | — | — | sig. influencesignificant influence | 15/10/2016 |
Mr James Alexander Maclean Individual · British · DOB 02/1969 · age 57 | — | — | sig. influencesignificant influence | 15/10/2016 |
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
Active · Professional services · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3D RAIL SERVICES LIMITED→ 15117391 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 6IX MANAGED SOLUTIONS LTD→ 11899627 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 ENGINEERING SOLUTIONS LTD→ 16591204 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AACE CONSULTING LIMITED→ 11176926 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AARON PEACOCK INSPECTION LIMITED→ 10206306 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AAROX CONSTRUCTION LIMITED→ 12424626 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AASFOR LIMITED→ 09584150 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AASG & CO LIMITED→ 15460213 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABACUS BLUE LIMITED→ 08336599 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ABBEY TAX SOLUTIONS LTD→ 07774186 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABD & ASSOCIATES UK LIMITED→ 16491888 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABIDELE LIMITED→ 05069075 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated1999-10-15
Jurisdictionengland-wales
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered office
Numeric House 98 Station Road
Sidcup
Kent
DA15 7BY
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15
Officers (5 active · 4 resigned)
Active
CLARKE, Benjamin Graham→
Activedirector · ~40y · appointed 2024-01-01
View their other companies + combined net worth →
MACLEAN, James Alexander→
Activedirector · ~57y · appointed 1999-10-15
View their other companies + combined net worth →
MACLEAN, Richard Charles→
Activedirector · ~55y · appointed 2003-12-17
View their other companies + combined net worth →
MELHUISH, Richard Edward Fitzharding→
Activedirector · ~80y · appointed 1999-10-15
View their other companies + combined net worth →
BROWNING, Roger→
Resignedsecretary · appointed 2013-05-20 · resigned 2021-09-30
MELHUISH, Jeremy Piers→
Resignedsecretary · appointed 1999-10-15 · resigned 2013-05-20
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-10-15 · resigned 1999-10-15
LONDON LAW SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 1999-10-15 · resigned 1999-10-15
Click a director name to see their full track record across all companies.
Mortgages & charges
30
Total charges
17
Outstanding
5
Active lenders
Status:Lender:30 of 30 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 28/07/2025 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 22/04/2024 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 30/06/2022 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 30/06/2022 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 18/05/2022 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 07/04/2022 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 09/03/2022 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 28/09/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 09/04/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 09/04/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 09/04/2021 | — | |
| outstanding | United Trust Bank United Trust Bank Limited | A registered charge | — | 05/07/2019 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/11/2017 | — | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | 1 property | 25/07/2017 | — | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | 1 property | 07/07/2017 | — | |
| outstanding | Barclays Barclays Mercantile Business Finance Limited | A registered charge | — | 04/01/2016 | — | |
| satisfied | Shawbrook Shawbrook Bank LTD | A registered charge | — | 17/07/2014 | 08/05/2019 | |
| satisfied | Investec Asset Finance Investec Asset Finance PLC | A registered charge | — | 17/06/2014 | 21/09/2023 | |
| satisfied | Investec Asset Finance Investec Asset Finance PLC | A registered charge | — | 14/04/2014 | 21/09/2023 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Mortgage | 1 property | 10/12/2012 | 13/07/2017 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Deed of covenants | 1 property | 10/12/2012 | 13/07/2017 | |
| outstanding | Barclays Barclays Bank PLC | Mortgage | 1 property | 24/08/2012 | — | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 3 properties | 22/12/2011 | 10/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 25/11/2011 | 10/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 27/10/2011 | 10/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 12/09/2011 | 10/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Assignment and charge of hire agreements | 1 property | 17/07/2009 | 18/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 17/07/2009 | 18/07/2017 | |
| satisfied | Capital Bank Capital Bank PLC | Deed of mortgage | 1 property | 07/08/2007 | 13/07/2017 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 04/04/2000 | 30/08/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (131 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
change-person-director-company-with-change-date
officers · CH01
2025-10-09
change-person-director-company-with-change-date
officers · CH01
2025-10-09
change-person-director-company-with-change-date
officers · CH01
2025-10-08
change-person-secretary-company-with-change-date
officers · CH03
2025-10-08
change-person-director-company-with-change-date
officers · CH01
2025-10-08
accounts-with-accounts-type-small
accounts · AA
2025-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-small
accounts · AA
2024-09-26
appoint-person-director-company-with-name-date
officers · AP01
2024-06-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-small
accounts · AA
2023-09-28
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-21