WTS (MANUFACTURING) LIMITED

📉Decliningactive
04222256 · ltd · incorporated 2001-05-23
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
£417.1k
year to Dec 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Manufacture of other furniture
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (85/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
10 officers (1 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
70
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 · FRS 102
Profitable
Profit before tax £3,774
Revenue decline
Turnover down 24% YoY
Turnover YoY
-24%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Turnover£417.1k£549.8k
Gross profit£283.8k£343.0k
Operating profit£5.4k£16.5k
Profit before tax£3.8k£14.8k
Average employees00

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-11-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-10-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2017-07-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-07-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-05-22
    MESTRY, Nirupa, Dr appointed
    director
  18. 2017-05-22
    DAVIES, Colin Trevor resigned
    director
  19. 2017-05-22
    DAVIES, Jane Ann resigned
    director
  20. 2009-10-02
    PHILLIPS, Michael Alan resigned
    secretary
  21. 2009-10-02
    DAVIES, Jane Ann appointed
    director
  22. 2009-10-02
    PHILLIPS, Michael Alan resigned
    director
  23. 2007-07-01
    DAVIES, Colin Trevor appointed
    director
  24. 2007-06-30
    PHILLIPS, Lucille resigned
    director
  25. 2002-09-02
    PHILLIPS, Lucille appointed
    director
  26. 2002-02-25
    MITTON, Susan resigned
    secretary
  27. 2002-02-25
    PHILLIPS, Michael Alan appointed
    secretary
  28. 2002-02-25
    MITTON, Susan resigned
    director
  29. 2001-05-23
    🏢
    Company incorporated
    As WTS (MANUFACTURING) LIMITED
  30. 2001-05-23
    MITTON, Susan appointed
    secretary
  31. 2001-05-23
    READYMADE SECRETARIES LTD. appointed
    corporate-secretary
  32. 2001-05-23
    READYMADE SECRETARIES LTD. resigned
    corporate-secretary
  33. 2001-05-23
    MITTON, Susan appointed
    director
  34. 2001-05-23
    PHILLIPS, Michael Alan appointed
    director
  35. 2001-05-23
    READYMADE NOMINEES LTD. appointed
    corporate-director
  36. 2001-05-23
    READYMADE NOMINEES LTD. resigned
    corporate-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hawkstone Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hawkstone Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
WTS (MANUFACTURING) LIMITED
This company · 04222256

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
Hawkstone Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/05/2017
2 historic (ceased) PSCs
  • Mrs Jane Daviesceased 22/05/2017· 25-50% shares · 25-50% voting · board control · significant influence
  • Mr Colin Trevor Daviesceased 22/05/2017· 25-50% shares · 25-50% voting · board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2001-05-23
Jurisdictionengland-wales
Primary SIC31090 — Manufacture of other furniture

Registered office

228 Middlewood Road
Sheffield
S6 1TE
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28

Officers (1 active · 9 resigned)

MESTRY, Nirupa, Dr
director · ~58y · appointed 2017-05-22
View their other companies + combined net worth →
Active
MITTON, Susan
secretary · appointed 2001-05-23 · resigned 2002-02-25
Resigned
PHILLIPS, Michael Alan
secretary · appointed 2002-02-25 · resigned 2009-10-02
Resigned
READYMADE SECRETARIES LTD.
corporate-secretary · appointed 2001-05-23 · resigned 2001-05-23
Resigned
DAVIES, Colin Trevor
director · ~81y · appointed 2007-07-01 · resigned 2017-05-22
Resigned
DAVIES, Jane Ann
director · ~66y · appointed 2009-10-02 · resigned 2017-05-22
Resigned
MITTON, Susan
director · ~78y · appointed 2001-05-23 · resigned 2002-02-25
Resigned
PHILLIPS, Lucille
director · ~87y · appointed 2002-09-02 · resigned 2007-06-30
Resigned
PHILLIPS, Michael Alan
director · ~91y · appointed 2001-05-23 · resigned 2009-10-02
Resigned
READYMADE NOMINEES LTD.
corporate-director · appointed 2001-05-23 · resigned 2001-05-23
Resigned

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

Recent filings (79 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-01
change-person-director-company-with-change-date
officers · CH01
2020-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-29