RESIDE DEVELOPMENTS (NUMBER TWELVE) LTD

⚰️Wound downdissolved
08854926 · ltd · incorporated 2014-01-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£100
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (84/100)

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
Current Liabilities
£0£20£40£60£80£100Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£100£100
Cash£100£100
Net assets£100£100

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
3
filings
  • 2 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-28
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-04-28
    🏁
    Company dissolved
  3. 2026-02-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-02-02
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-01-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-10-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2015-06-11
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  18. 2014-01-21
    🏢
    Company incorporated
    As RESIDE DEVELOPMENTS (NUMBER TWELVE) LTD
  19. 2014-01-21
    HAMBLIN, Brett Anthony appointed
    director
  20. 2014-01-21
    VINCENT, Tim James appointed
    director
  21. 2014-01-21
    WEST, Richard Aubrey Spencer appointed
    director

Owner dependency

70/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 12 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-04-28

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Timothy James Vincent
Individual · British · DOB 08/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Construction · PO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
10 10 SALON LTD
12471822 · est 2020 · no financials extracted
6y
106 PROPERTY GROUP LIMITED
09789625 · est 2015 · no financials extracted
10y
10X CONSTRUCTION LIMITED
15529536 · est 2024 · no financials extracted
2y
15 SLADE ROAD LTD
15772292 · est 2024 · no financials extracted
1y
1965 PROPERTY LIMITED
15208994 · est 2023 · no financials extracted
2y
1ST CALL PROPERTY DEVELOPMENT LTD
13141494 · est 2021 · no financials extracted
5y
1ST CHOICE BATHROOMS, PLUMBING & HEATING LTD
08927354 · est 2014 · no financials extracted
12y
1ST CLASS FLOORS LIMITED
04752901 · est 2003 · no financials extracted
22y
1ST CLASS SCAFFOLDING (SOUTH) LTD
09669533 · est 2015 · no financials extracted
10y
1ST GLAZING REPAIRS LIMITED
06798269 · est 2009 · no financials extracted
17y
1ST VIKING LTD
17042640 · est 2026 · no financials extracted
1ST WESTMINSTER BUILDERS LIMITED
04969687 · est 2003 · no financials extracted
22y
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

Statusdissolved
Typeltd
Incorporated2014-01-21
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

10 Victoria Road South
Southsea
Hampshire
PO5 2DA

Filing status

Accounts
Next due:
Last made up to: 2025-02-28
Confirmation statement
Next due:
Last: 2025-01-21

Officers (0 active · 0 resigned)

HAMBLIN, Brett Anthony
director · ~65y · appointed 2014-01-21
View their other companies + combined net worth →
Active
VINCENT, Tim James
director · ~61y · appointed 2014-01-21
View their other companies + combined net worth →
Active
WEST, Richard Aubrey Spencer
director · ~61y · appointed 2014-01-21
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-04-28
gazette-notice-voluntary
gazette · GAZ1(A)
2026-02-10
dissolution-application-strike-off-company
dissolution · DS01
2026-02-02
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-21