WATTBIKE (HOLDINGS) LIMITED

🌳Matureactive

07410965 · ltd · incorporated 2010-10-18

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

69/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 6.3y

25/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 6.3 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.
· Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: medium (73/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

17 officers (2 active, 17 linked, 17 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

120 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £4,763,427

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30
Profit before tax	£-4.76M
Average employees	58

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (63 events)Click to expand

2026-04-10
➖
LAY, Peter Richard resigned
director
2026-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-19
📄
accounts-with-accounts-type-group
accounts · AA
2025-09-29
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-07-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-01
➕
WARD, Trent Alexander appointed
director
2025-07-01
➖
ADAMOVIC, Dusan resigned
director
2025-07-01
➖
GREEN, Charles Edward Seager resigned
director
2025-07-01
➖
NIEUWENHUYS, Gregory Michael Henk resigned
director
2025-07-01
➖
STERN, Daniel Thomas resigned
director
2025-07-01
➖
UNSWORTH, Jacqueline resigned
director
2025-07-01
➖
WILSON, Ian John resigned
director
2025-06-09
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-06-09
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-05-30
📄
capital-allotment-shares
capital · SH01
2025-05-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-28
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-01-30
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-30
🔓
Charge satisfied #3
2024-06-28
📄
accounts-with-accounts-type-group
accounts · AA
2024-04-07
📄
memorandum-articles
incorporation · MA
2023-10-11
🔒
Charge registered #5
Lender: Huk 134 Limited
2023-05-04
➕
LOFTUS, Stephen Desmond appointed
director
2023-05-04
➖
BAKER, Richard resigned
director
2023-02-01
➕
NIEUWENHUYS, Gregory Michael Henk appointed
director
2022-10-11
➕
LAY, Peter Richard appointed
director
2022-09-01
➖
BAIRD, Gordon Martin resigned
director
2022-08-26
🔒
Charge registered #4
Lender: Piper Vi Gp LLP (As Security Trustee)
2022-08-26
🔒
Charge registered #3
Lender: Praetura Commercial Finance Limited
2022-08-26
🔓
Charge satisfied #1
2021-06-26
➖
ALLMAN, Andrew John resigned
director
2020-12-16
➖
BACANOVIC, Milan resigned
director
2020-12-16
➕
BAIRD, Gordon Martin appointed
director
2020-12-16
➕
STERN, Daniel Thomas appointed
director
2020-12-16
➕
UNSWORTH, Jacqueline appointed
director
2020-12-16
➖
WILSON, John Dudley resigned
director
2020-12-16
🔒
Charge registered #2
Lender: Piper Vi Gp LLP (As Security Trustee)
2020-08-18
➕
ALLMAN, Andrew John appointed
director
2020-08-12
➖
EVANS, Stephen Edmund-Lyn resigned
director

Showing most recent 50 of 63 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·

7 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ADAMOVIC, Dusan resigned 2025-07-01; GREEN, Charles Edward Seager resigned 2025-07-01; LAY, Peter Richard resigned 2026-04-10

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Interactive Strength Inc. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Interactive Strength Inc.

Corporate parent · holds 75-100% shares

ultimate parent

⬇

WATTBIKE (HOLDINGS) LIMITED

This company · 07410965

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%

Name	Shares	Voting rights	Nature of control	Notified
Interactive Strength Inc. Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	01/07/2025

2 historic (ceased) PSCs

Piper Vi Gp Llpceased 01/07/2025· 25-50% shares · 25-50% voting · firm interest
Piper Nominee Iv Limitedceased 16/12/2020· 25-50% shares

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 · Holding company · NG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
33 NEWCASTLE DRIVE MANAGEMENT COMPANY LIMITED→ 01888643 · est 1985 · no financials extracted	—	—	—	—	41y	—	—
354 CAPITAL LIMITED→ 10971800 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
4 HUNTINGDON DRIVE MANAGEMENT COMPANY LIMITED→ 08718665 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
40 ARISTOTLE ROAD FREEHOLD COMPANY LIMITED→ 08030746 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
40 MAGDALA ROAD MANAGEMENT LIMITED→ 02938824 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
405 MANSFIELD ROAD RTM COMPANY LIMITED→ 10723531 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
439 MANSFIELD ROAD LIMITED→ 10143430 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
4LGD HOLDINGS LIMITED→ 13612204 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
4LIFE INVESTMENTS GROUP LTD→ 17000867 · est 2026 · no financials extracted	—	—	—	—	—	—	—
4MERIT HOLDINGS LTD→ 14556504 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
4MERIT IMMIGRATION LIMITED→ 15063191 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
5 LENTON ROAD RTM COMPANY LIMITED→ 15281251 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2010-10-18

Jurisdictionengland-wales

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Unit 13 Nottingham South & Wilford Industrial Estate

Ruddington Lane, West Bridgford

Nottingham

Nottinghamshire

NG11 7EP

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-11-01

Last: 2025-10-18

Officers (2 active · 15 resigned)

LOFTUS, Stephen Desmond→

director · ~53y · appointed 2023-05-04

View their other companies + combined net worth →

Active

WARD, Trent Alexander→

director · ~45y · appointed 2025-07-01

View their other companies + combined net worth →

Active

ADAMOVIC, Dusan→

director · ~58y · appointed 2010-10-18 · resigned 2025-07-01

Resigned

ALLMAN, Andrew John→

director · ~63y · appointed 2020-08-18 · resigned 2021-06-26

Resigned

BACANOVIC, Milan→

director · ~74y · appointed 2010-10-18 · resigned 2020-12-16

Resigned

BAIRD, Gordon Martin→

director · ~67y · appointed 2020-12-16 · resigned 2022-09-01

Resigned

BAKER, Richard→

director · ~52y · appointed 2020-04-29 · resigned 2023-05-04

Resigned

DORMANDY, Alexis Paul Momtchiloff→

director · ~57y · appointed 2011-05-11 · resigned 2019-12-24

Resigned

EVANS, Stephen Edmund-Lyn→

director · ~64y · appointed 2012-12-31 · resigned 2020-08-12

Resigned

GREEN, Charles Edward Seager→

director · ~62y · appointed 2011-05-11 · resigned 2025-07-01

Resigned

HAND, Robert→

director · ~79y · appointed 2011-07-05 · resigned 2012-12-31

Resigned

LAY, Peter Richard→

director · ~49y · appointed 2022-10-11 · resigned 2026-04-10

Resigned

NIEUWENHUYS, Gregory Michael Henk→

director · ~47y · appointed 2023-02-01 · resigned 2025-07-01

Resigned

STERN, Daniel Thomas→

director · ~47y · appointed 2020-12-16 · resigned 2025-07-01

Resigned

UNSWORTH, Jacqueline→

director · ~64y · appointed 2020-12-16 · resigned 2025-07-01

Resigned

WILSON, Ian John→

director · ~75y · appointed 2010-10-18 · resigned 2025-07-01

Resigned

WILSON, John Dudley→

director · ~65y · appointed 2010-10-18 · resigned 2020-12-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	Huk 134 Huk 134 Limited	A registered charge	—	11/10/2023	—
outstanding	Piper Vi Gp (As Security Trustee) Piper Vi Gp LLP (As Security Trustee)	A registered charge	1 property	26/08/2022	—
satisfied	Praetura Commercial Finance Praetura Commercial Finance Limited	A registered charge	—	26/08/2022	30/01/2025
outstanding	Piper Vi Gp (As Security Trustee) Piper Vi Gp LLP (As Security Trustee)	A registered charge	—	16/12/2020	—
satisfied	Santander Santander UK PLC	A registered charge	1 property	14/02/2020	26/08/2022

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-04-10

accounts-with-accounts-type-group

accounts · AA

2025-12-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-17

change-account-reference-date-company-current-extended

accounts · AA01

2025-09-29

appoint-person-director-company-with-name-date

officers · AP01

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

termination-director-company-with-name-termination-date

officers · TM01

2025-07-08

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-07-08

second-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP04CS01

2025-06-09

second-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP04CS01

2025-06-09