WALSH CONSTRUCTION HOLDINGS LIMITED

🌳Matureactive
05313698 · ltd · incorporated 2004-12-15
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£730.5k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Activities of construction holding companies
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 77320Renting and leasing of construction and civil engineering machinery and equipment
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: Cash flow review and working-capital discipline. Cash down -68% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
81 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £730,515
Cash draining
Cash down 68% YoY
Cash YoY
-68%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£171k
↓ 68% YoY
Net Worth
£731k
↑ 12% YoY
Current Assets
£719k
↑ 3.3% YoY
Current Liabilities
£0£146k£292k£438k£584k£731kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.34M£1.46M
Current assets£718.5k£695.6k
Cash£170.5k£536.7k
Debtors£536.0k£146.9k
Net assets£730.5k£654.4k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-11-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-11-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-09-02
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  6. 2024-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-21
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2024-04-21
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2024-04-03
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-04-03
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2023-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2019-10-29
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  18. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2015-09-09
    CROSBY, Philip George appointed
    director
  20. 2015-07-30
    MASON, Nick resigned
    director
  21. 2013-12-05
    MASON, Nick appointed
    director
  22. 2013-12-05
    PROCKTER, Adrian David resigned
    director
  23. 2010-07-05
    HALL, Warren Stuart resigned
    director
  24. 2010-06-22
    PROCKTER, Adrian David appointed
    director
  25. 2010-06-06
    HALL, Timothy Conrad Langston resigned
    director
  26. 2005-04-29
    HALL, Timothy Conrad Langston appointed
    director
  27. 2004-12-15
    🏢
    Company incorporated
    As WALSH CONSTRUCTION HOLDINGS LIMITED
  28. 2004-12-15
    BIRD, Jonathan Peter appointed
    secretary
  29. 2004-12-15
    BIRD, Jonathan Peter appointed
    director
  30. 2004-12-15
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  31. 2004-12-15
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  32. 2004-12-15
    HALL, Warren Stuart appointed
    director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Almax Droitwich Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Jpe Construction Solutions Limited
Corporate parent · holds 25-50% shares
significant stake
WALSH CONSTRUCTION HOLDINGS LIMITED
This company · 05313698

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Almax Droitwich Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting10/10/2025
Jpe Construction Solutions Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting10/10/2025
2 historic (ceased) PSCs
  • Aliam Limitedceased 10/10/2025· 50-75% shares · 50-75% voting
  • Mr Jonathan Peter Birdceased 30/06/2018· 50-75% shares · 50-75% voting

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

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
Incorporated2004-12-15
Jurisdictionengland-wales
Primary SIC64203 — Activities of construction holding companies

Registered office

34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (3 active · 5 resigned)

BIRD, Jonathan Peter
secretary · appointed 2004-12-15
View their other companies + combined net worth →
Active
BIRD, Jonathan Peter
director · ~57y · appointed 2004-12-15
View their other companies + combined net worth →
Active
CROSBY, Philip George
director · ~53y · appointed 2015-09-09
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2004-12-15 · resigned 2004-12-15
Resigned
HALL, Timothy Conrad Langston
director · ~73y · appointed 2005-04-29 · resigned 2010-06-06
Resigned
HALL, Warren Stuart
director · ~76y · appointed 2004-12-15 · resigned 2010-07-05
Resigned
MASON, Nick
director · ~52y · appointed 2013-12-05 · resigned 2015-07-30
Resigned
PROCKTER, Adrian David
director · ~71y · appointed 2010-06-22 · resigned 2013-12-05
Resigned

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

Recent filings (81 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-06
capital-name-of-class-of-shares
capital · SH08
2024-04-21
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-04-21
memorandum-articles
incorporation · MA
2024-04-03
resolution
resolution · RESOLUTIONS
2024-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08