WATES HOMES (CAMBRIDGE) LIMITED

🌳Matureactive
04707328 · ltd · incorporated 2003-03-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 22.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 22.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 14 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
109 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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
  1. 2025-04-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-03
    WATES, Timothy Andrew De Burgh resigned
    director
  3. 2025-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-04-13
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  5. 2024-04-13
    📄
    legacy
    accounts · PARENT_ACC
  6. 2024-04-13
    📄
    legacy
    other · GUARANTEE2
  7. 2024-04-13
    📄
    legacy
    other · AGREEMENT2
  8. 2023-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-12-12
    WAINWRIGHT, Philip Michael appointed
    director
  11. 2022-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-08-16
    ALLEN, David Owen resigned
    director
  13. 2022-03-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2019-12-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-11-15
    LEACH, Martin Geoffrey resigned
    director
  18. 2019-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2018-12-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2018-12-03
    ALLEN, David Owen resigned
    secretary
  21. 2018-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2016-01-04
    ALLEN, David Owen appointed
    secretary
  23. 2016-01-04
    DAVIES, David Huw resigned
    secretary
  24. 2016-01-04
    ALLEN, David Owen appointed
    director
  25. 2016-01-04
    DAVIES, David Huw resigned
    director
  26. 2015-10-22
    BOWEN, David Alexander appointed
    director
  27. 2015-10-22
    JARRETT, John Michael resigned
    director
  28. 2013-11-01
    LEACH, Martin Geoffrey appointed
    director
  29. 2007-12-31
    DAVIES, David Huw appointed
    secretary
  30. 2007-12-31
    STYANT, Terry Ann resigned
    secretary
  31. 2007-10-01
    HEWITT, Cara Louise resigned
    director
  32. 2007-10-01
    JARRETT, John Michael appointed
    director
  33. 2007-04-23
    DAVIES, David Huw resigned
    secretary
  34. 2007-04-23
    STYANT, Terry Ann appointed
    secretary
  35. 2006-02-08
    🔓
    Charge satisfied #4
  36. 2006-02-08
    🔓
    Charge satisfied #3
  37. 2006-02-08
    🔓
    Charge satisfied #2
  38. 2006-02-08
    🔓
    Charge satisfied #1
  39. 2005-12-31
    BROCKLEBANK, David Michael appointed
    director
  40. 2005-12-31
    ANDREWS, Timothy William resigned
    director
  41. 2005-12-31
    HEWITT, Cara Louise appointed
    director
  42. 2005-12-31
    PHIPPS, Paul David resigned
    director
  43. 2005-12-31
    WATES, Timothy Andrew De Burgh appointed
    director
  44. 2005-02-01
    DAVIES, David Huw appointed
    secretary
  45. 2005-02-01
    HOULTON, Jonathan Charles Bennett resigned
    secretary
  46. 2005-02-01
    DAVIES, David Huw appointed
    director
  47. 2005-02-01
    HOULTON, Jonathan Charles Bennett resigned
    director
  48. 2004-07-06
    GURR, Peter Richard resigned
    director
  49. 2003-12-11
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  50. 2003-11-05
    BROCKLEBANK, David Michael resigned
    director
Showing most recent 50 of 64 events

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

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 61. Early succession window.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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.

Group structure

Wates Group Properties Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wates Group Properties Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
WATES HOMES (CAMBRIDGE) LIMITED
This company · 04707328

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
Wates Group Properties Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Construction · KT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
2 BREATHE CREATIVE LIMITED
06876946 · est 2009 · no financials extracted
17y
3XS LTD
07329830 · est 2010 · no financials extracted
15y
4 ACES BRICKWORK LTD
11935243 · est 2019 · no financials extracted
7y
4 SEASON ROOFING LIMITED
11550515 · est 2018 · no financials extracted
7y
4 TECH SOLUTIONS LIMITED
06296730 · est 2007 · no financials extracted
18y
42 KINGSWAY RESIDENTIAL LIMITED
07279057 · est 2010 · no financials extracted
15y
5 STAR HEATING LIMITED
06716386 · est 2008 · no financials extracted
17y
58 WOODLANDS ROAD LIMITED
14028171 · est 2022 · no financials extracted
4y
5PPPP HOMES LIMITED
16311726 · est 2025 · no financials extracted
1y
6A BUCKNILLS CLOSE LIMITED
14498406 · est 2022 · no financials extracted
3y
7 EDGE TILING LTD
15695852 · est 2024 · no financials extracted
1y
7 HAREWOOD ROAD LIMITED
10475379 · est 2016 · no financials extracted
9y
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
Incorporated2003-03-21
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Wates House
Station Approach
Leatherhead
Surrey
KT22 7SW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21

Officers (3 active · 18 resigned)

BOWEN, David Alexander
director · ~59y · appointed 2015-10-22
View their other companies + combined net worth →
Active
BROCKLEBANK, David Michael
director · ~56y · appointed 2005-12-31
View their other companies + combined net worth →
Active
WAINWRIGHT, Philip Michael
director · ~61y · appointed 2022-12-12
View their other companies + combined net worth →
Active
ALLEN, David Owen
secretary · appointed 2016-01-04 · resigned 2018-12-03
Resigned
DAVIES, David Huw
secretary · appointed 2007-12-31 · resigned 2016-01-04
Resigned
DAVIES, David Huw
secretary · appointed 2005-02-01 · resigned 2007-04-23
Resigned
HOULTON, Jonathan Charles Bennett
secretary · appointed 2003-03-21 · resigned 2005-02-01
Resigned
STYANT, Terry Ann
secretary · appointed 2007-04-23 · resigned 2007-12-31
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2003-03-21 · resigned 2003-03-21
Resigned
ALLEN, David Owen
director · ~54y · appointed 2016-01-04 · resigned 2022-08-16
Resigned
ANDREWS, Timothy William
director · ~58y · appointed 2003-03-21 · resigned 2005-12-31
Resigned
BROCKLEBANK, David Michael
director · ~56y · appointed 2003-03-21 · resigned 2003-11-05
Resigned
DAVIES, David Huw
director · ~70y · appointed 2005-02-01 · resigned 2016-01-04
Resigned
GURR, Peter Richard
director · ~71y · appointed 2003-11-05 · resigned 2004-07-06
Resigned
HEWITT, Cara Louise
director · ~54y · appointed 2005-12-31 · resigned 2007-10-01
Resigned
HOULTON, Jonathan Charles Bennett
director · ~65y · appointed 2003-11-05 · resigned 2005-02-01
Resigned
JARRETT, John Michael
director · ~65y · appointed 2007-10-01 · resigned 2015-10-22
Resigned
LEACH, Martin Geoffrey
director · ~61y · appointed 2013-11-01 · resigned 2019-11-15
Resigned
PHIPPS, Paul David
director · ~74y · appointed 2003-03-21 · resigned 2005-12-31
Resigned
WATES, Timothy Andrew De Burgh
director · ~60y · appointed 2005-12-31 · resigned 2025-02-03
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Charge of deposit1 property11/12/200308/02/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Charge of deposit1 property10/07/200308/02/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Charge of building licence2 properties10/07/200308/02/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property10/07/200308/02/2006

Recent filings (109 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-dormant
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
termination-director-company-with-name-termination-date
officers · TM01
2025-02-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-04-13
legacy
accounts · PARENT_ACC
2024-04-13
legacy
other · GUARANTEE2
2024-04-13
legacy
other · AGREEMENT2
2024-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-dormant
accounts · AA
2023-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
appoint-person-director-company-with-name-date
officers · AP01
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
accounts-with-accounts-type-dormant
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21