3 COUNTIES BUILDING SERVICES LIMITED

🌳Matureactive
06342868 · ltd · incorporated 2007-08-14
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£180.6k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
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. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · FRS 105 (micro)
Positive net assets
Net assets £180,564
Net assets shrinking
Down £20,560 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£181k
↓ 10% YoY
Current Assets
£204k
↓ 33% YoY
Current Liabilities
£0£61k£122k£183k£244k£306kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£180.6k£201.1k
Current assets£204.3k£305.6k
Net assets£180.6k£201.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-09-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-09-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-09-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-09-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-08-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-09-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-08-31
    SPAUL, Martin John resigned
    secretary
  17. 2011-08-31
    SPAUL, Martin John resigned
    director
  18. 2007-08-14
    🏢
    Company incorporated
    As 3 COUNTIES BUILDING SERVICES LIMITED
  19. 2007-08-14
    SHARP, Martin James appointed
    director
  20. 2007-08-14
    WATKINS, Jason Scot appointed
    director
  21. 2007-08-14
    SPAUL, Martin John appointed
    secretary
  22. 2007-08-14
    SPAUL, Martin John 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 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
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.
  • 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 Jason Scot Watkins
Individual · British · DOB 10/1969 · age 57
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence06/04/2016
Mr Martin James Sharp
Individual · British · DOB 06/1972 · age 54
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2007-08-14
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Thirlmere Close
Biggleswade
Beds
SG18 8LU

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 2 resigned)

SHARP, Martin James
director · ~54y · appointed 2007-08-14
View their other companies + combined net worth →
Active
WATKINS, Jason Scot
director · ~57y · appointed 2007-08-14
View their other companies + combined net worth →
Active
SPAUL, Martin John
secretary · appointed 2007-08-14 · resigned 2011-08-31
Resigned
SPAUL, Martin John
director · ~52y · appointed 2007-08-14 · resigned 2011-08-31
Resigned

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

Recent filings (44 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-22