WATTBIKE LIMITED
🌳Matureactive
05554245 · ltd · incorporated 2005-09-05
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 Sept 2024
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 32300
Sector: Manufacturing
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 17.3y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 17.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
17 officers (2 active, 17 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Loss-making
Loss before tax £5,018,405
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 |
|---|---|
| Profit before tax | £-5.02M |
| Average employees | 53 |
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
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (63 events)Click to expand
- 2026-04-10➖LAY, Peter Richard resigneddirector
- 2026-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-19📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-02📄gazette-notice-compulsorygazette · GAZ1
- 2025-09-29📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-01➕WARD, Trent Alexander appointeddirector
- 2025-07-01➖ADAMOVIC, Dusan resigneddirector
- 2025-05-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-01-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-30🔓Charge satisfied #4
- 2024-06-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-26📄memorandum-articlesincorporation · MA
- 2023-10-26📄resolutionresolution · RESOLUTIONS
- 2023-10-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-11🔒Charge registered #6Lender: Huk 134 Limited
- 2023-05-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-04➕LOFTUS, Stephen Desmond appointeddirector
- 2023-05-04➖BAKER, Richard resigneddirector
- 2022-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-11➕LAY, Peter Richard appointeddirector
- 2022-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-26🔒Charge registered #5Lender: Piper Vi Gp LLP (As Security Trustee)
- 2022-08-26🔒Charge registered #4Lender: Praetura Commercial Finance Limited
- 2022-08-26🔓Charge satisfied #2
- 2021-06-26➖ALLMAN, Andrew John resigneddirector
- 2020-12-16➖WILSON, John Dudley resignedsecretary
- 2020-12-16➖BACANOVIC, Milan resigneddirector
- 2020-12-16➖GREEN, Charles Edward Seager resigneddirector
- 2020-12-16➖WILSON, Ian John resigneddirector
- 2020-12-16➖WILSON, John Dudley resigneddirector
- 2020-12-16🔒Charge registered #3Lender: Piper Vi Gp LLP (As Security Trustee)
- 2020-08-18➕ALLMAN, Andrew John appointeddirector
- 2020-08-12➖EVANS, Stephen Edmund-Lyn resigneddirector
- 2020-02-14🔒Charge registered #2Lender: Santander UK PLC
- 2019-12-24➖DORMANDY, Alexis Paul Momtchiloff resigneddirector
- 2018-06-27🔓Charge satisfied #1
- 2014-09-30➕BAKER, Richard appointeddirector
- 2014-09-30➖SKELTON, Alexander Donald resigneddirector
- 2013-07-18➕SKELTON, Alexander Donald appointeddirector
- 2012-12-31➕EVANS, Stephen Edmund-Lyn appointeddirector
- 2012-12-31➖HAND, Robert resigneddirector
- 2011-07-05➕DORMANDY, Alexis Paul Momtchiloff appointeddirector
Showing most recent 50 of 63 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ADAMOVIC, Dusan resigned 2025-07-01; LAY, Peter Richard resigned 2026-04-10
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wattbike (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Wattbike (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
⬇
WATTBIKE LIMITED
This company · 05554245
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wattbike (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| ADVANCED METALWORKS LIMITED→ 11355557 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED MOLECULAR DIAGNOSTICS LTD→ 10730627 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AERO FABRICATIONS LIMITED→ 02793994 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| AGA RANGEMASTER LIMITED→ 03872754 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AGBEKEARTISTRY LIMITED→ 16351116 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRWISE LTD→ 07887266 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AJD ELECTRICAL AND PAT TESTING SERVICES LTD→ 09930821 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AKERMAN AVIATION AND MARINE LTD→ 09722717 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALAN CROSS LIMITED→ 01741214 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| ALC JOINERY LIMITED→ 16096751 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALC SECURITY SYSTEMS LIMITED→ 05996253 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALCHEMIST FABRICATIONS LIMITED→ 16759353 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2005-09-05
Jurisdictionengland-wales
Primary SIC32300 — SIC 32300
Registered office
Unit 13 Nottingham South & Wilford Industrial Estate
Ruddington Lane, West Bridgford
Nottingham
Nottinghamshire
NG11 7EP
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05
Officers (2 active · 15 resigned)
LOFTUS, Stephen Desmond→
Activedirector · ~53y · appointed 2023-05-04
View their other companies + combined net worth →
WARD, Trent Alexander→
Activedirector · ~45y · appointed 2025-07-01
View their other companies + combined net worth →
WILSON, John Dudley→
Resignedsecretary · appointed 2005-09-05 · resigned 2020-12-16
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-09-05 · resigned 2005-09-05
ADAMOVIC, Dusan→
Resigneddirector · ~58y · appointed 2006-12-12 · resigned 2025-07-01
ALLMAN, Andrew John→
Resigneddirector · ~63y · appointed 2020-08-18 · resigned 2021-06-26
BACANOVIC, Milan→
Resigneddirector · ~74y · appointed 2006-12-12 · resigned 2020-12-16
BAKER, Richard→
Resigneddirector · ~52y · appointed 2014-09-30 · resigned 2023-05-04
DORMANDY, Alexis Paul Momtchiloff→
Resigneddirector · ~57y · appointed 2011-07-05 · resigned 2019-12-24
EVANS, Stephen Edmund-Lyn→
Resigneddirector · ~64y · appointed 2012-12-31 · resigned 2020-08-12
GREEN, Charles Edward Seager→
Resigneddirector · ~62y · appointed 2011-07-05 · resigned 2020-12-16
HAND, Robert→
Resigneddirector · ~79y · appointed 2010-11-01 · resigned 2012-12-31
LAY, Peter Richard→
Resigneddirector · ~49y · appointed 2022-10-11 · resigned 2026-04-10
SKELTON, Alexander Donald→
Resigneddirector · ~50y · appointed 2013-07-18 · resigned 2014-09-30
WILSON, Ian John→
Resigneddirector · ~75y · appointed 2005-09-05 · resigned 2020-12-16
WILSON, John Dudley→
Resigneddirector · ~65y · appointed 2006-12-12 · resigned 2020-12-16
YORK PLACE COMPANY NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-09-05 · resigned 2005-09-05
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Huk 134 Huk 134 Limited | A registered charge | — | 11/10/2023 | — | |
| outstanding | Piper Vi Gp (As Security Trustee) Piper Vi Gp LLP (As Security Trustee) | A registered charge | 1 property | 26/08/2022 | — | |
| satisfied | Praetura Commercial Finance Praetura Commercial Finance Limited | A registered charge | — | 26/08/2022 | 30/01/2025 | |
| outstanding | Piper Vi Gp (As Security Trustee) Piper Vi Gp LLP (As Security Trustee) | A registered charge | — | 16/12/2020 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 14/02/2020 | 26/08/2022 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 13/03/2009 | 27/06/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (115 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-20
accounts-with-accounts-type-full
accounts · AA
2025-12-19
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
change-account-reference-date-company-current-extended
accounts · AA01
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
appoint-person-director-company-with-name-date
officers · AP01
2025-07-08
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-full
accounts · AA
2024-06-28
accounts-with-accounts-type-full
accounts · AA
2023-12-14
memorandum-articles
incorporation · MA
2023-10-26
resolution
resolution · RESOLUTIONS
2023-10-26