A T WEARNE & SONS (BUILDING CONTRACTORS) LIMITED

🌳Matureactive

07058873 · ltd · incorporated 2009-10-28

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£101.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

38 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £101,587

Net assets shrinking

Down £1,010 YoY

Cash YoY

-15%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£95k

↓ 15% YoY

Net Worth

£102k

~ YoY

Current Assets

£115k

↓ 2.2% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Total assets	£114.0k	£118.1k
Current assets	£114.6k	£117.2k
Cash	£94.9k	£111.1k
Debtors	£19.7k	£6.1k
Net assets	£101.6k	£102.6k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2015-10-23
➕
WEARNE, Wendy Marlene appointed
director
2015-04-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-11-17
➕
WEARNE, Andrew Thomas appointed
director
2009-11-17
➖
HOLDER, Michael resigned
director
2009-10-28
🏢
Company incorporated
As A T WEARNE & SONS (BUILDING CONTRACTORS) LIMITED
2009-10-28
➕
HOLDER, Michael appointed
director

Owner dependency

100/100

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.
+Founder name in company name: Company name contains director surname "WEARNE" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew Thomas Wearne Individual · British · DOB 07/1956 · age 70	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	06/04/2016
Mrs Wendy Marlene Wearne Individual · British · DOB 03/1957 · age 69	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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

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.

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Company details

Statusactive

Typeltd

Incorporated2009-10-28

Jurisdictionengland-wales

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Lower Pentreath

Praa Sands

Penzance

Cornwall

TR20 9TL

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-11

Last: 2025-10-28

Officers (2 active · 1 resigned)

WEARNE, Andrew Thomas→

director · ~70y · appointed 2009-11-17

View their other companies + combined net worth →

Active

WEARNE, Wendy Marlene→

director · ~69y · appointed 2015-10-23

View their other companies + combined net worth →

Active

HOLDER, Michael→

director · ~65y · appointed 2009-10-28 · resigned 2009-11-17

Resigned

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