BESIDE THE WAVE LIMITED

💤Zombieactive
04051657 · ltd · incorporated 2000-08-11
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 Dec 2024
Net worth
£34.3k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 47781
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
68 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £34,300
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£34k
Current Assets
£158k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£177.1k
Current assets£158.4k
Net assets£34.3k

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 (25 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-11-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2021-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-10-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2016-02-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-01-01
    ➖
    LOWRY, John William resigned
    secretary
  17. 2012-03-09
    ➖
    LOWRY, John William resigned
    director
  18. 2000-08-12
    ➕
    HESELTINE, Ingrid Roye appointed
    director
  19. 2000-08-12
    ➕
    LOWRY, John William appointed
    secretary
  20. 2000-08-12
    ➕
    LOWRY, John William appointed
    director
  21. 2000-08-11
    🏢
    Company incorporated
    As BESIDE THE WAVE LIMITED
  22. 2000-08-11
    ➕
    BRIGHTON SECRETARY LIMITED appointed
    corporate-nominee-secretary
  23. 2000-08-11
    ➖
    BRIGHTON SECRETARY LIMITED resigned
    corporate-nominee-secretary
  24. 2000-08-11
    ➕
    BRIGHTON DIRECTOR LIMITED appointed
    corporate-nominee-director
  25. 2000-08-11
    ➖
    BRIGHTON DIRECTOR LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
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 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

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 Ingrid Roye Heseltine
Individual · British · DOB 09/1965 · age 61
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016
Mr John William Lowry
Individual · British · DOB 12/1964 · age 62
25–50%
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.

🔒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

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
Incorporated2000-08-11
Jurisdictionengland-wales
Primary SIC47781 — SIC 47781

Registered office

Suite One, 3 Florence Place Suite One
3 Florence Place
Falmouth
Cornwall
TR11 3NJ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-25
Last: 2025-08-11

Officers (1 active · 4 resigned)

HESELTINE, Ingrid Roye→
director · ~61y · appointed 2000-08-12
View their other companies + combined net worth →
Active
LOWRY, John William→
secretary · appointed 2000-08-12 · resigned 2016-01-01
Resigned
BRIGHTON SECRETARY LIMITED→
corporate-nominee-secretary · appointed 2000-08-11 · resigned 2000-08-11
Resigned
LOWRY, John William→
director · ~62y · appointed 2000-08-12 · resigned 2012-03-09
Resigned
BRIGHTON DIRECTOR LIMITED→
corporate-nominee-director · appointed 2000-08-11 · resigned 2000-08-11
Resigned

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

Recent filings (68 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-10