RESIDE DEVELOPMENTS (NUMBER SEVEN) LIMITED

🌳Matureactive
06302813 · ltd · incorporated 2007-07-05
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£1.3k
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 12.7y

85/100
ready

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

  • · Oldest live charge is 12.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
46 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,285

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1k
~ YoY
Current Assets
—
Current Liabilities
—
£0£257£514£771£1k£1kFeb 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
Total assets£1.3k£1.3k
Debtors£1.3k£1.3k
Net assets£1.3k£1.3k

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
2
filings
  • • 1 gazette
  • • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (21 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. 2024-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    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. 2019-11-29
    📄
    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. 2015-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-01-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2015-01-20
    🔓
    Charge satisfied #1
  17. 2013-09-09
    🔒
    Charge registered #1
    Lender: Vincent Homes Limited
  18. 2007-07-05
    🏢
    Company incorporated
    As RESIDE DEVELOPMENTS (NUMBER SEVEN) LIMITED
  19. 2007-07-05
    ➕
    WEST, Richard Aubrey Spencer appointed
    secretary
  20. 2007-07-05
    ➕
    HAMBLIN, Brett Anthony appointed
    director
  21. 2007-07-05
    ➕
    WEST, Richard Aubrey Spencer 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
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Richard Aubrey West
Individual · British · DOB 12/1965 · age 61
25–50%
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 · Construction · PO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
10 10 SALON LTD→
12471822 · est 2020 · no financials extracted
————6y——
106 PROPERTY GROUP LIMITED→
09789625 · est 2015 · no financials extracted
————10y——
10X CONSTRUCTION LIMITED→
15529536 · est 2024 · no financials extracted
————2y——
118 GAS LTD→
13622013 · est 2021 · no financials extracted
————4y——
15 SLADE ROAD LTD→
15772292 · est 2024 · no financials extracted
————1y——
1965 PROPERTY LIMITED→
15208994 · est 2023 · no financials extracted
————2y——
1ST CALL PROPERTY DEVELOPMENT LTD→
13141494 · est 2021 · no financials extracted
————5y——
1ST CHOICE BATHROOMS, PLUMBING & HEATING LTD→
08927354 · est 2014 · no financials extracted
————12y——
1ST CLASS FLOORS LIMITED→
04752901 · est 2003 · no financials extracted
————22y——
1ST CLASS SCAFFOLDING (SOUTH) LTD→
09669533 · est 2015 · no financials extracted
————10y——
1ST GLAZING REPAIRS LIMITED→
06798269 · est 2009 · no financials extracted
————17y——
1ST VIKING LTD→
17042640 · est 2026 · no financials extracted
———————
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

Statusactive
Typeltd
Incorporated2007-07-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

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: 2026-07-19
Last: 2025-07-05

Officers (3 active · 0 resigned)

WEST, Richard Aubrey Spencer→
secretary · appointed 2007-07-05
View their other companies + combined net worth →
Active
HAMBLIN, Brett Anthony→
director · ~65y · appointed 2007-07-05
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

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Vincent Homes
Vincent Homes Limited
A registered charge1 property09/09/201320/01/2015

Recent filings (46 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-14
dissolution-application-strike-off-company
dissolution · DS01
2026-04-07
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29