22 WAKE LTD
🏛️Establishedactive
11136481 · ltd · incorporated 2018-01-08
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 77-year-old founder — textbook succession opportunity.
Opportunity 72/100 (strong), bankability 57/100. Strong seller-intent signal (60/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
14 live charges · 9 lenders · oldest 8.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.3 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
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 · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|
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
1
filing
- • 1 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-02🔒Charge registered #14Lender: Paratus Amc Limited
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-09🔒Charge registered #13Lender: Onesavings Bank PLC (Trading as Kent Reliance)
- 2025-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07🔓Charge satisfied #8
- 2025-01-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-10🔒Charge registered #12Lender: Aspen Bridging Limited
- 2024-11-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-12🔒Charge registered #11Lender: Chl Mortgages for Intermediaries Limited
- 2024-07-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-07-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-09🔓Charge satisfied #9
- 2024-07-09🔓Charge satisfied #7
- 2024-07-09🔓Charge satisfied #6
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-30🔒Charge registered #10Lender: Shawbrook Bank Limited
- 2023-11-08✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-10🔒Charge registered #9Lender: Shawbrook Bank Limited
- 2023-09-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-08🔒Charge registered #8Lender: Shawbrook Bank Limited
- 2023-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-10🔒Charge registered #7Lender: Romaco SPV2 Limited
- 2023-03-10🔒Charge registered #6Lender: Romaco SPV2 Limited
- 2023-02-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-28🔓Charge satisfied #4
- 2023-02-28🔓Charge satisfied #3
- 2023-02-28🔓Charge satisfied #2
- 2022-07-26🔒Charge registered #5Lender: Charter Court Financial Services Limited
- 2021-07-26🔒Charge registered #4Lender: Keystone Property Finance Limited
- 2019-11-19🔒Charge registered #3Lender: Peninsula Finance PLC
- 2019-11-19🔒Charge registered #2Lender: Peninsula Finance PLC
- 2019-02-19🔓Charge satisfied #1
- 2019-02-15➕LAKEY, Ryan appointeddirector
- 2018-02-02🔒Charge registered #1Lender: Peninsula Finance PLC
- 2018-01-08🏢Company incorporatedAs 22 WAKE LTD
- 2018-01-08➕TREBILCOCK, Robert John appointeddirector
Owner dependency
78/100
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 77 — succession pressure is live.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert John Trebilcock Individual · British · DOB 05/1949 · age 77 | 50–75% | 75–100% | 75-100% shares · 75-100% voting | 08/01/2018 |
Mr Ryan James Lakey Individual · British · DOB 11/1986 · age 40 | 25–50% | — | 25-50% shares | 01/07/2021 |
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 · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1-3 TREVENA MANAGEMENT COMPANY LIMITED→ 15299027 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1-5 THE HAVEN (TRURO) MANAGEMENT COMPANY LIMITED→ 10227579 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 120 EAST ROW LTD→ 17023264 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 121 PROPERTY LTD→ 15543219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 BRIGHTON TERRACE LIMITED→ 13964199 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2 MOUNTS VIEW LIMITED→ 16398296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 BELMONT TERRACE LTD→ 06371002 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 59 CARDREW LIMITED→ 15276361 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 8 MARKET STREET LTD→ 11725570 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 85 TOWER ROAD MANAGEMENT COMPANY LIMITED→ 12125951 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A & JA PROPERTY SERVICES LTD→ 14341139 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A H&B INVESTMENTS LIMITED→ 16078520 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2018-01-08
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
24 Jubilee Street
Newquay
TR7 1LA
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22
Officers (2 active · 0 resigned)
Active
TREBILCOCK, Robert John→
Activedirector · ~77y · appointed 2018-01-08
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
6
Outstanding
6
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 02/04/2026 | — | |
| outstanding | Kent Reliance / OSB Onesavings Bank PLC (Trading as Kent Reliance) | A registered charge | 1 property | 09/05/2025 | — | |
| outstanding | Aspen Bridging Aspen Bridging Limited | A registered charge | 1 property | 10/01/2025 | — | |
| outstanding | Chl Mortgages for Intermediaries Chl Mortgages for Intermediaries Limited | A registered charge | 1 property | 12/11/2024 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 30/04/2024 | — | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 10/10/2023 | 09/07/2024 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 08/09/2023 | 07/02/2025 | |
| satisfied | Romaco SPV2 Romaco SPV2 Limited | A registered charge | 1 property | 10/03/2023 | 09/07/2024 | |
| satisfied | Romaco SPV2 Romaco SPV2 Limited | A registered charge | 1 property | 10/03/2023 | 09/07/2024 | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 26/07/2022 | — | |
| satisfied | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 26/07/2021 | 28/02/2023 | |
| satisfied | Peninsula Finance Peninsula Finance PLC | A registered charge | 1 property | 19/11/2019 | 28/02/2023 | |
| satisfied | Peninsula Finance Peninsula Finance PLC | A registered charge | 1 property | 19/11/2019 | 28/02/2023 | |
| satisfied | Peninsula Finance Peninsula Finance PLC | A registered charge | 1 property | 02/02/2018 | 19/02/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (44 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-14
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-09