ABODE WATERSTONE LTD

⚰️Wound downdissolved
05463831 · ltd · incorporated 2005-05-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 80/100. Strong seller-intent signal (60/100, director aged 59). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

11 live charges · oldest 15.1y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 15.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 12 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (79 events)Click to expand
  1. 2024-01-30
    📄
    bona-vacantia-company
    restoration · BONA
  2. 2023-06-06
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2023-06-06
    🏁
    Company dissolved
  4. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2022-09-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2021-09-03
    WOODFINE, Lee Derek resigned
    director
  7. 2021-09-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2021-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2021-08-04
    🔓
    Charge satisfied #11
  14. 2021-08-04
    🔓
    Charge satisfied #10
  15. 2021-08-04
    🔓
    Charge satisfied #9
  16. 2021-08-04
    🔓
    Charge satisfied #8
  17. 2021-08-04
    🔓
    Charge satisfied #2
  18. 2021-07-20
    GARDNER, Andrea resigned
    director
  19. 2021-07-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2020-11-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  22. 2020-07-17
    GARDNER, Andrea appointed
    director
  23. 2020-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2020-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2020-01-21
    LYCETT, Andrew Richard resigned
    director
  26. 2019-10-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2019-10-17
    🔒
    Charge registered #11
    Lender: Julian Hodge Bank Limited
  28. 2019-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2019-07-19
    📄
    resolution
    resolution · RESOLUTIONS
  30. 2019-07-19
    📄
    resolution
    resolution · RESOLUTIONS
  31. 2019-04-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  32. 2019-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  33. 2019-04-09
    JEHU, Marc Rene appointed
    director
  34. 2019-04-09
    JEHU, Simon Paul appointed
    director
  35. 2019-04-09
    DAVIES, Craig Paul resigned
    secretary
  36. 2019-04-09
    DAVIES, Craig Paul resigned
    director
  37. 2019-04-09
    LYCETT, Andrew Richard appointed
    director
  38. 2019-04-09
    THOMAS CBE, Peter, Obe resigned
    director
  39. 2019-04-09
    WOODFINE, Lee Derek appointed
    director
  40. 2019-04-09
    🔒
    Charge registered #10
    Lender: Julian Hodge Bank Limited
  41. 2019-04-09
    🔒
    Charge registered #9
    Lender: Julian Hodge Bank Limited
  42. 2018-12-07
    🔓
    Charge satisfied #7
  43. 2018-12-07
    🔓
    Charge satisfied #6
  44. 2018-12-07
    🔓
    Charge satisfied #5
  45. 2018-12-07
    🔓
    Charge satisfied #3
  46. 2018-12-07
    🔓
    Charge satisfied #4
  47. 2018-12-07
    🔓
    Charge satisfied #1
  48. 2016-06-09
    🔒
    Charge registered #8
    Lender: Julian Hodge Bank Limited
  49. 2012-10-09
    DAVIES, Craig Paul appointed
    secretary
  50. 2012-10-02
    THOMAS CBE, Peter, Obe appointed
    director
Showing most recent 50 of 79 events

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-06-06

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

Waterstone Homes Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Waterstone Homes Limited
Corporate parent · holds 75-100% shares
ultimate parent
ABODE WATERSTONE LTD
This company · 05463831

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
Waterstone Homes Limited
Corporate entity
75100%
75-100% shares09/04/2019
1 historic (ceased) PSC
  • Atlantic Property Developments Plcceased 09/04/2019· significant influence

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

7 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

Statusdissolved
Typeltd
Incorporated2005-05-26
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Number One
Waterton Park
Bridgend
Mid-Glamorgan
CF31 3PH
Wales

Filing status

Accounts
Next due:
Last made up to: 2020-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 16 resigned)

JEHU, Marc Rene
director · ~59y · appointed 2019-04-09
View their other companies + combined net worth →
Active
JEHU, Simon Paul
director · ~56y · appointed 2019-04-09
View their other companies + combined net worth →
Active
BROADBENT, Walter Louis Farndon
secretary · appointed 2007-07-09 · resigned 2009-03-25
Resigned
DAVIES, Craig Paul
secretary · appointed 2012-10-09 · resigned 2019-04-09
Resigned
STRONG, Wayne Martin
secretary · appointed 2009-03-25 · resigned 2010-12-03
Resigned
WARE, Edward John
secretary · appointed 2005-10-05 · resigned 2007-07-09
Resigned
TLT SECRETARIES LIMITED
corporate-secretary · appointed 2005-05-26 · resigned 2005-10-05
Resigned
BROADBENT, Walter Louis Farndon
director · ~63y · appointed 2008-02-19 · resigned 2009-03-25
Resigned
DAVIES, Craig Paul
director · ~50y · appointed 2012-05-31 · resigned 2019-04-09
Resigned
GARDNER, Andrea
director · ~63y · appointed 2020-07-17 · resigned 2021-07-20
Resigned
JAMES, Peter
director · ~69y · appointed 2005-10-05 · resigned 2012-05-31
Resigned
LYCETT, Andrew Richard
director · ~60y · appointed 2019-04-09 · resigned 2020-01-21
Resigned
STRONG, Wayne Martin
director · ~63y · appointed 2008-02-19 · resigned 2010-12-03
Resigned
THOMAS CBE, Peter, Obe
director · ~83y · appointed 2012-10-02 · resigned 2019-04-09
Resigned
WARE, Edward John
director · ~66y · appointed 2005-10-05 · resigned 2009-03-25
Resigned
WILLIAMS, Martin George
director · ~64y · appointed 2006-08-01 · resigned 2007-07-31
Resigned
WOODFINE, Lee Derek
director · ~56y · appointed 2019-04-09 · resigned 2021-09-03
Resigned
TLT DIRECTORS LIMITED
corporate-director · appointed 2005-05-26 · resigned 2005-10-05
Resigned

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

Mortgages & charges

11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge17/10/201904/08/2021
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge09/04/201904/08/2021
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge09/04/201904/08/2021
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge1 property09/06/201604/08/2021
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal charge1 property03/10/201107/12/2018
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal charge1 property12/08/201107/12/2018
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal charge1 property09/08/201107/12/2018
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal charge1 property05/07/201107/12/2018
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal charge1 property04/07/201107/12/2018
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Charge1 property31/03/201104/08/2021
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
Legal mortgage1 property31/03/201107/12/2018

Recent filings (113 total)

bona-vacantia-company
restoration · BONA
2024-01-30
gazette-dissolved-compulsory
gazette · GAZ2
2023-06-06
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
termination-director-company-with-name-termination-date
officers · TM01
2021-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04
termination-director-company-with-name-termination-date
officers · TM01
2021-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-30
accounts-with-accounts-type-small
accounts · AA
2021-06-30
change-account-reference-date-company-previous-extended
accounts · AA01
2020-11-25