WATERWISE TRAINING LIMITED
🌳Matureactive
08096254 · ltd · incorporated 2012-06-07
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 8.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueDormant / non-trading with a 80-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (68/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 8.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
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 (25 events)Click to expand
- 2025-09-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-01-01➕BISHOP, Kim appointedsecretary
- 2021-10-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-09-30➖BROWNING, Roger resignedsecretary
- 2021-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-08📄accounts-with-accounts-type-smallaccounts · AA
- 2019-10-10📄accounts-with-accounts-type-smallaccounts · AA
- 2018-10-04📄accounts-with-accounts-type-smallaccounts · AA
- 2017-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-11-22🔒Charge registered #1Lender: National Westminster Bank PLC
- 2017-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-09-30➖MELHUISH, Jeremy Piers resigneddirector
- 2017-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2016-11-23📄accounts-with-accounts-type-smallaccounts · AA
- 2016-07-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-03-14➕BROWNING, Roger appointedsecretary
- 2014-03-14➕MELHUISH, Jeremy Piers appointeddirector
- 2012-06-07🏢Company incorporatedAs WATERWISE TRAINING LIMITED
- 2012-06-07➕MACLEAN, James Alexander appointeddirector
- 2012-06-07➕MELHUISH, Richard Edward Fitzharding appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
M.H.J Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
M.H.J Limited
Corporate parent · holds 75-100% shares
⬇
WATERWISE TRAINING LIMITED
This company · 08096254
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
M.H.J Limited Corporate entity | 75–100% | — | 75-100% shares | 07/06/2017 |
Mr Richard Edward Fitzharding Melhuish Individual · British · DOB 09/1946 · age 80 | 50–75% | — | 50-75% shares | 07/06/2017 |
Mr James Alexander Maclean Individual · British · DOB 02/1969 · age 57 | 25–50% | — | 25-50% shares | 07/06/2017 |
1 historic (ceased) PSC
- Mr Jeremy Piers Melhuishceased 30/09/2017· 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 · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 22 & 23 MARSHAM STREET MANAGEMENT LIMITED→ 14327103 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24-29 CHATER COURT RTM COMPANY LIMITED→ 16902296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 26 DARTFORD ROAD LIMITED→ 07500117 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 26-30 OLD FARM ROAD WEST LTD→ 16399743 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2EASY HOLDINGS LTD→ 14619126 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 30 BELMONT HILL (MANAGEMENT) LIMITED→ 04119640 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 30-32 EAST CLIFF (DOVER) FREEHOLD COMPANY LIMITED→ 09428100 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 31 BONFIELD ROAD RTM COMPANY LIMITED→ 15232283 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 31 CUMBERLAND ROAD (BROMLEY) FLAT MAINTENANCE LIMITED→ 00999071 · est 1971 · no financials extracted | — | — | — | — | 55y | — | — |
| 326 BROWNHILL ROAD LIMITED→ 03084333 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 33 AUGUSTA GARDENS FREEHOLD CO LTD→ 09626954 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 35-46 UNICORN WALK RTM COMPANY LIMITED→ 15738598 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2012-06-07
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Numeric House
98 Station Road
Sidcup
Kent
DA15 7BY
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (3 active · 2 resigned)
Active
MACLEAN, James Alexander→
Activedirector · ~57y · appointed 2012-06-07
View their other companies + combined net worth →
MELHUISH, Richard Edward Fitzharding→
Activedirector · ~80y · appointed 2012-06-07
View their other companies + combined net worth →
BROWNING, Roger→
Resignedsecretary · appointed 2014-03-14 · resigned 2021-09-30
MELHUISH, Jeremy Piers→
Resigneddirector · ~78y · appointed 2014-03-14 · resigned 2017-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/11/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (39 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-dormant
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-dormant
accounts · AA
2022-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-17
appoint-person-secretary-company-with-name-date
officers · AP03
2022-01-10
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-19
accounts-with-accounts-type-dormant
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-21
accounts-with-accounts-type-small
accounts · AA
2021-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-09
accounts-with-accounts-type-small
accounts · AA
2019-10-10