RESIDE DEVELOPMENTS (NUMBER SIX) LIMITED

🌳Matureactive
06302811 · ltd · incorporated 2007-07-05
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 18.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
82/100
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: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 18.7y

50/100
clean up first

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

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-07
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-05-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-07-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-12-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-02-01
    HAMBLIN, Brett Anthony appointed
    director
  17. 2010-12-01
    HAMBLIN, Brett Anthony resigned
    director
  18. 2009-12-10
    🔒
    Charge registered #3
    Lender: The Governor & Company of the Bank of Ireland
  19. 2007-09-07
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  20. 2007-09-07
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  21. 2007-07-05
    🏢
    Company incorporated
    As RESIDE DEVELOPMENTS (NUMBER SIX) LIMITED
  22. 2007-07-05
    WEST, Richard Aubrey Spencer appointed
    secretary
  23. 2007-07-05
    WEST, Richard Aubrey Spencer appointed
    director
  24. 2007-07-05
    HAMBLIN, Brett Anthony appointed
    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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Brett Anthony Hamblin
Individual · British · DOB 08/1961 · age 65
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Richard Aubrey West
Individual · British · DOB 12/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Property · PO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 HIGH STREET LAUNCESTON LIMITED
16090379 · est 2024 · no financials extracted
1y
10 ADDISON ROAD LTD
05703810 · est 2006 · no financials extracted
20y
10 BIRMINGHAM ROAD MANAGEMENT LIMITED
04791667 · est 2003 · no financials extracted
22y
100/102 LONGFORD ROAD LIMITED
15309328 · est 2023 · no financials extracted
2y
1018 DEVELOPMENTS LIMITED
04561726 · est 2002 · no financials extracted
23y
103 HIGHLAND (FREEHOLD) LTD
14570015 · est 2023 · no financials extracted
3y
11 ELMWOOD ROAD SE24 9NU (FREEHOLD) LTD
15702254 · est 2024 · no financials extracted
1y
115 PROPERTY INVESTMENTS IOW LIMITED
17114925 · est 2026 · no financials extracted
115 PROPERTY INVESTMENTS LIMITED
13231764 · est 2021 · no financials extracted
5y
12 - 14 PRESTON ROAD LTD
07142721 · est 2010 · no financials extracted
16y
13 VICTORIA STREET LIMITED
11515070 · est 2018 · no financials extracted
7y
13 WEST STREET LIMITED
15723632 · est 2024 · no financials extracted
1y
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
Incorporated2007-07-05
Jurisdictionengland-wales
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

10 Victoria Road South
Southsea
Hampshire
PO5 2DA

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (3 active · 1 resigned)

WEST, Richard Aubrey Spencer
secretary · appointed 2007-07-05
View their other companies + combined net worth →
Active
HAMBLIN, Brett Anthony
director · ~65y · appointed 2011-02-01
View their other companies + combined net worth →
Active
WEST, Richard Aubrey Spencer
director · ~61y · appointed 2007-07-05
View their other companies + combined net worth →
Active
HAMBLIN, Brett Anthony
director · ~65y · appointed 2007-07-05 · resigned 2010-12-01
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Governor & Company of the Bank of Ireland
Charge on deposit1 property10/12/2009
outstanding
The Governor and Company of the Bank of Ireland
Debenture1 property07/09/2007
outstanding
The Governor and Company of the Bank of Ireland
Legal charge1 property07/09/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-14
dissolution-application-strike-off-company
dissolution · DS01
2026-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-dormant
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-dormant
accounts · AA
2023-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-12