RESIDE DEVELOPMENTS (NUMBER SIXTEEN) LIMITED

🌳Matureactive
09919729 · ltd · incorporated 2015-12-16
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 Feb 2025
Net worth
£150
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. 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
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 £150
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£150
~ YoY
Net Worth
£150
~ YoY
Current Assets
—
Current Liabilities
—
£0£30£60£90£120£150Feb 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£150£150
Cash£150£150
Net assets£150£150

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
2
filings
  • • 1 gazette
  • • 1 dissolution
Last 180 days
3
filings
  • • 1 gazette
  • • 1 dissolution
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-07
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-09-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-09-07
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2015-12-16
    🏢
    Company incorporated
    As RESIDE DEVELOPMENTS (NUMBER SIXTEEN) LIMITED
  14. 2015-12-16
    ➕
    HAMBLIN, Brett Anthony appointed
    director
  15. 2015-12-16
    ➕
    VINCENT, Timothy James appointed
    director
  16. 2015-12-16
    ➕
    WEST, Richard Aubrey Spencer appointed
    director
  17. 2015-12-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

65/100
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.

Succession & seller-readiness

55/100
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.
  • 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Brett Anthony Hamblin
Individual · British · DOB 08/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Richard Aubrey West
Individual · British · DOB 12/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Timothy James Vincent
Individual · British · DOB 08/1965 · age 61
25–50%
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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-12-16
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

10 Victoria Road South
Southsea
Hampshire
PO5 2DA
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (3 active · 0 resigned)

HAMBLIN, Brett Anthony→
director · ~65y · appointed 2015-12-16
View their other companies + combined net worth →
Active
VINCENT, Timothy James→
director · ~61y · appointed 2015-12-16
View their other companies + combined net worth →
Active
WEST, Richard Aubrey Spencer→
director · ~61y · appointed 2015-12-16
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-14
dissolution-application-strike-off-company
dissolution · DS01
2026-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-24
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
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
2020-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-20