RESIDE CONSTRUCTION LIMITED

🌳Matureactive
07244186 · ltd · incorporated 2010-05-05
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 May 2025
Net worth
£989.1k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -68% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £989,099
Cash draining
Cash down 68% YoY
Cash YoY
-68%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£448k
↓ 68% YoY
Net Worth
£989k
~ YoY
Current Assets
£1.7m
↑ 5.3% YoY
Current Liabilities
£0£336k£672k£1.0m£1.3m£1.7mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£989.1k£987.5k
Current assets£1.68M£1.60M
Cash£447.6k£1.40M
Debtors£1.23M£200.7k
Net assets£989.1k£987.5k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2023-04-11
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  6. 2023-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-01-09
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2023-01-09
    📄
    capital-return-purchase-own-shares
    capital · SH03
  9. 2023-01-09
    📄
    capital-return-purchase-own-shares
    capital · SH03
  10. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-11-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-01
    HAMBLIN, Brett Anthony resigned
    director
  17. 2016-01-01
    WEST, Richard Aubrey Spencer resigned
    director
  18. 2010-06-01
    BURNE, Stuart Christopher appointed
    director
  19. 2010-06-01
    SPARKS, Andrew Peter appointed
    director
  20. 2010-05-05
    🏢
    Company incorporated
    As RESIDE CONSTRUCTION LIMITED
  21. 2010-05-05
    HAYTER, Kevin Mark appointed
    director
  22. 2010-05-05
    HAMBLIN, Brett Anthony appointed
    director
  23. 2010-05-05
    WEST, Richard Aubrey Spencer 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
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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.)

Group structure

Sbhs Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sbhs Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
RESIDE CONSTRUCTION LIMITED
This company · 07244186

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%
NameSharesVoting rightsNature of controlNotified
Sbhs Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2023

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 →

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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
Incorporated2010-05-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

10 Victoria Road South
Southsea
Hampshire
PO5 2DA

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21

Officers (3 active · 2 resigned)

BURNE, Stuart Christopher
director · ~56y · appointed 2010-06-01
View their other companies + combined net worth →
Active
HAYTER, Kevin Mark
director · ~56y · appointed 2010-05-05
View their other companies + combined net worth →
Active
SPARKS, Andrew Peter
director · ~60y · appointed 2010-06-01
View their other companies + combined net worth →
Active
HAMBLIN, Brett Anthony
director · ~65y · appointed 2010-05-05 · resigned 2016-01-01
Resigned
WEST, Richard Aubrey Spencer
director · ~61y · appointed 2010-05-05 · resigned 2016-01-01
Resigned

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

Recent filings (42 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-04-11
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-10
capital-cancellation-shares
capital · SH06
2023-01-09
capital-return-purchase-own-shares
capital · SH03
2023-01-09
capital-return-purchase-own-shares
capital · SH03
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-09