D.L. RHODES AND SON LIMITED

🌳Matureactive

04164140 · ltd · incorporated 2001-02-20

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2026

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

ALSO REGISTERED FOR

42990Construction of other civil engineering projects n.e.c.
43390Other building completion and finishing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

17 live charges · 4 lenders · oldest 25.0y

35/100

too messy

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

· Oldest live charge is 25.0 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

17 charges (17/17 with lender, 17/17 with type)

Directors & officers

10 officers (8 active, 10 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

112 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2026-02-28	2025-02-28
Average employees	12	14

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

🔒Filing-note intelligence

2 signals 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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (61 events)Click to expand

2026-07-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-01
➕
RHODES, Devan Bradley appointed
director
2023-01-01
➕
RHODES, Keelan James Patrick appointed
director
2022-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-20
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-16
📄
change-person-director-company-with-change-date
officers · CH01
2017-01-18
🔒
Charge registered #17
Lender: National Westminster Bank PLC
2017-01-10
🔒
Charge registered #16
Lender: National Westminster Bank PLC
2016-04-25
➕
NORTHMORE, Joanna appointed
director
2014-05-22
🔓
Charge satisfied #12
2014-05-22
🔓
Charge satisfied #3
2014-05-22
🔓
Charge satisfied #2
2014-03-08
🔓
Charge satisfied #13
2014-03-08
🔓
Charge satisfied #11
2014-02-19
🔓
Charge satisfied #15
2014-01-15
🔓
Charge satisfied #1
2013-03-25
🔒
Charge registered #15
Lender: National Westminster Bank PLC
2012-03-21
➕
HANCOCK, Richard appointed
director
2012-03-21
➕
LEIVERS, Paul Michael appointed
director
2011-11-02
🔓
Charge satisfied #14
2010-10-01
➕
RHODES, Toni Marie appointed
director
2009-09-30
🔒
Charge registered #14
Lender: National Westminster Bank PLC
2008-11-06
🔓
Charge satisfied #10
2008-11-06
🔓
Charge satisfied #6
2008-11-06
🔓
Charge satisfied #5
2008-11-06
🔓
Charge satisfied #4
2008-10-16
🔓
Charge satisfied #9
2008-10-16
🔓
Charge satisfied #8
2008-10-16
🔓
Charge satisfied #7
2008-09-19
🔒
Charge registered #13
Lender: National Westminster Bank PLC
2008-09-19
🔒
Charge registered #12
Lender: National Westminster Bank PLC
2008-09-19
🔒
Charge registered #11
Lender: National Westminster Bank PLC
2006-07-10
🔒
Charge registered #10
Lender: Aib Group (UK) PLC
2006-07-10
🔒
Charge registered #9
Lender: Aib Group (UK) P.L.C.
2006-07-10
🔒
Charge registered #8
Lender: Aib Group (UK) P.L.C.
2006-07-10
🔒
Charge registered #7
Lender: Aib Group (UK) P.L.C.
2005-03-23
🔒
Charge registered #6
Lender: National Westminster Bank PLC
2004-12-16
🔒
Charge registered #5
Lender: National Westminster Bank PLC

Showing most recent 50 of 61 events

Owner dependency

81/100

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

-7 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "RHODES" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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

medium

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

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Toni Marie Rhodes Individual · British · DOB 01/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	29/01/2025
Mr Nigel Derek Rhodes Individual · British · DOB 07/1967 · age 59	25–50%	—	25-50% shares	01/02/2017

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 · Construction · NG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A CURRAN ELECTRICAL SERVICES LIMITED→ 10310524 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A D BACON PLASTERING LIMITED→ 06343633 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
AC KING LTD→ 15059994 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACKROYD CONSTRUCTION LIMITED→ 16417056 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADANE CONSTRUCTION LTD→ 17108433 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ADAPT BUILDING & REPAIR SERVICES LTD→ 13037611 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ADBROOKE GARAGE CONVERSIONS LIMITED→ 16319727 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADBROOKE PLASTERING SERVICES LIMITED→ 11145826 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ADCO PROPERTIES LIMITED→ 01967850 · est 1985 · no financials extracted	—	—	—	—	40y	—	—
ADD CON LTD→ 16305510 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADDISON CONSTRUCTION (SLEAFORD) LTD→ 07331035 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ADDISON CONTRACTORS LIMITED→ 15758337 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2001-02-20

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

Unit 1 Unit 1 Quayside Court

Colwick Quays Business Park

Nottingham

NG4 2SR

United Kingdom

Filing status

Accounts

Next due: 2027-11-30

Last made up to: 2026-02-28

Confirmation statement

Next due: 2027-02-03

Last: 2026-01-20