LAND & WATER ESTATES LIMITED
🌳Matureactive
03983991 · ltd · incorporated 2000-05-02
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueDormant / non-trading with a 80-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 80). 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
3 live charges · 3 lenders · oldest 21.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 3 with DOB)
78
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
83 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
80
Strong succession / seller-readiness signals.
Risk profile
77
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 | 0 | 0 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-10-09📄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
- 2025-09-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-01-01➕BISHOP, Kim appointedsecretary
- 2021-11-19➖WARREN, Neil Griffin resigneddirector
- 2021-10-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-09-30➖BROWNING, Roger resignedsecretary
- 2021-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-08📄accounts-with-accounts-type-smallaccounts · AA
- 2019-10-10📄accounts-with-accounts-type-smallaccounts · AA
- 2018-10-03📄accounts-with-accounts-type-smallaccounts · AA
- 2017-11-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-28🔓Charge satisfied #2
- 2017-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-11-22🔒Charge registered #3Lender: National Westminster Bank PLC
- 2013-05-20➕BROWNING, Roger appointedsecretary
- 2013-05-20➖MELHUISH, Jeremy Piers resignedsecretary
- 2007-09-21🔓Charge satisfied #1
- 2007-06-01➕WARREN, Neil Griffin appointeddirector
- 2007-04-19🔒Charge registered #2Lender: Hsbc Bank PLC
- 2004-09-08🔒Charge registered #1Lender: Barclays Bank PLC
- 2000-05-02🏢Company incorporatedAs LAND & WATER ESTATES LIMITED
- 2000-05-02➕MACLEAN, James Alexander appointeddirector
- 2000-05-02➕MELHUISH, Richard Edward Fitzharding appointeddirector
- 2000-05-02➕MELHUISH, Jeremy Piers appointedsecretary
- 2000-05-02➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2000-05-02➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2000-05-02➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 2000-05-02➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
96/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
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 ESTATES LIMITED
This company · 03983991
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 | 02/05/2017 |
Mr James Alexander Maclean Individual · British · DOB 02/1969 · age 57 | — | — | sig. influencesignificant influence | 02/05/2017 |
Mr Richard Edward Fitzharding Melhuish Individual · British · DOB 09/1946 · age 80 | — | — | sig. influencesignificant influence | 02/05/2017 |
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 · Holding company · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1-12 DULCIE CLOSE RTM COMPANY LIMITED→ 16729497 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10 WILLS CRESCENT (LEYBOURNE) RTM COMPANY LIMITED→ 16793389 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 11 CARLTON AVENUE RTM COMPANY LIMITED→ 06624107 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 11-13A RONALDSTONE ROAD FREEHOLD LIMITED→ 07901660 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 113 LONDON ROAD RTM COMPANY LTD→ 08389628 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 127 KNOCKHALL ROAD MANAGEMENT LIMITED→ 01616565 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| 13-17 (ODDS) HARMER STREET RTM COMPANY LIMITED→ 10417933 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 130 WIGHTMAN ROAD FLAT OWNERS LIMITED→ 05329898 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| 140 QUEENSTOWN ROAD LIMITED→ 04908209 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 15 AND 16 GORDON ROAD CANTERBURY LIMITED→ 02690152 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| 15 OLD TOVIL ROAD FLAT MANAGEMENT LIMITED→ 09317636 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 151 UPPER WICKHAM LANE LIMITED→ 12074855 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2000-05-02
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
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: 2027-05-16
Last: 2026-05-02
Officers (3 active · 5 resigned)
Active
MACLEAN, James Alexander→
Activedirector · ~57y · appointed 2000-05-02
View their other companies + combined net worth →
MELHUISH, Richard Edward Fitzharding→
Activedirector · ~80y · appointed 2000-05-02
View their other companies + combined net worth →
BROWNING, Roger→
Resignedsecretary · appointed 2013-05-20 · resigned 2021-09-30
MELHUISH, Jeremy Piers→
Resignedsecretary · appointed 2000-05-02 · resigned 2013-05-20
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-05-02 · resigned 2000-05-02
WARREN, Neil Griffin→
Resigneddirector · ~69y · appointed 2007-06-01 · resigned 2021-11-19
LONDON LAW SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2000-05-02 · resigned 2000-05-02
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/11/2017 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 19/04/2007 | 28/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 08/09/2004 | 21/09/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (83 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
change-person-director-company-with-change-date
officers · CH01
2025-10-09
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-dormant
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-10
accounts-with-accounts-type-dormant
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-dormant
accounts · AA
2022-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-13
termination-director-company-with-name-termination-date
officers · TM01
2022-05-13
appoint-person-secretary-company-with-name-date
officers · AP03
2022-01-10
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-19