142 WATER GARDENS LIMITED
💤Zombieactive
11063104 · ltd · incorporated 2017-11-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£419.2k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 4.7y
20/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.7 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £419,155
Net assets shrinking
Down £36,722 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£419k
↓ 8.1% YoY
Current Assets
£49k
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £1.62M | £1.65M |
| Current assets | £49.0k | £62.6k |
| Net assets | £419.2k | £455.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 address
Last 90 days
1
filing
- • 1 address
Last 180 days
10
filings
- • 3 mortgage
- • 2 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-14📄memorandum-articlesincorporation · MA
- 2025-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-11🔓Charge satisfied #2
- 2025-11-11🔓Charge satisfied #1
- 2025-11-07➕MAJID, Menahel appointeddirector
- 2025-11-07➖AHMED, Fahad Sultan resigneddirector
- 2025-11-07🔒Charge registered #3Lender: Al Rayan Bank PLC
- 2025-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-10-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-10-29📄gazette-notice-compulsorygazette · GAZ1
- 2024-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-23🔒Charge registered #2Lender: Qib (UK) PLC
- 2021-08-23🔒Charge registered #1Lender: Qib (UK) PLC
- 2017-11-14🏢Company incorporatedAs 142 WATER GARDENS LIMITED
- 2017-11-14➕AHMED, Fahad Sultan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Menahel Majid Individual · British · DOB 06/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/11/2025 |
1 historic (ceased) PSC
- Mr Fahad Ahmedceased 07/11/2025· 75-100% shares · 75-100% voting · trust interest · firm interest
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 · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100 WARWICK GARDENS LIMITED→ 03096544 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 140 HIGH ST CROWTHORNE FREEHOLD LTD→ 16562793 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 SGR LIMITED→ 13424072 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 25 BARNET LIMITED→ 10202813 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 27 YMR CONSTRUCTION LTD→ 15609575 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2B CONSTRUCTION LTD→ 15033471 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2RCS LTD→ 08958783 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 2ROKCONS LTD→ 15230689 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 PROPERTY DEVELOPERS LIMITED→ 11789156 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 3NJ LTD→ 10391753 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 40 LEWIN ROAD LIMITED→ 10650343 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 4D STRUCTURES LIMITED→ 08630450 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2017-11-14
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Suite G1 Hartsbourne House
Delta Gain
Watford
WD19 5EF
United Kingdom
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11
Officers (1 active · 1 resigned)
MAJID, Menahel→
Activedirector · ~48y · appointed 2025-11-07
View their other companies + combined net worth →
AHMED, Fahad Sultan→
Resigneddirector · ~49y · appointed 2017-11-14 · resigned 2025-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Al Rayan Bank Al Rayan Bank PLC | A registered charge | 1 property | 07/11/2025 | — | |
| satisfied | Qib (UK) Qib (UK) PLC | A registered charge | — | 23/08/2021 | 11/11/2025 | |
| satisfied | Qib (UK) Qib (UK) PLC | A registered charge | 1 property | 23/08/2021 | 11/11/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-19
memorandum-articles
incorporation · MA
2025-11-14
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
appoint-person-director-company-with-name-date
officers · AP01
2025-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-06
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
gazette-notice-compulsory
gazette · GAZ1
2025-02-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-30