A B WELLS PROJECTS LTD

🏛️Establishedactive
11300477 · ltd · incorporated 2018-04-10
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-18.0k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.1y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
3 officers (3 active, 3 linked, 3 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
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £17,969
Very low cash
Cash position: £9

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9
Net Worth
-£18k
↓ 7.9% YoY
Current Assets
£171
↓ 79% YoY
Current Liabilities
—
-£18k-£14k-£10k-£7k-£3k£801Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets—£-16.7k
Current assets£171£801
Cash£9—
Debtors£162—
Net assets£-18.0k£-16.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-12-01
    ➕
    MERRITT, Diana appointed
    director
  10. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-04-04
    🔒
    Charge registered #1
    Lender: Trustees of the Lerakoma Ssas
  12. 2021-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-10-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-10-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2021-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2020-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2018-04-10
    🏢
    Company incorporated
    As A B WELLS PROJECTS LTD
  23. 2018-04-10
    ➕
    WELLS, Anthony appointed
    director
  24. 2018-04-10
    ➕
    WELLS, Rebecca appointed
    director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "WELLS" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Anthony Wells
Individual · British · DOB 12/1981 · age 45
25–50%
25–50%board control25-50% shares · 25-50% voting · board control10/04/2018
Mrs Rebecca Wells
Individual · British · DOB 07/1982 · age 44
25–50%
25–50%board control25-50% shares · 25-50% voting · board control10/04/2018

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 · LN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
888 OK LTD→
10497898 · est 2016 · no financials extracted
————9y——
A & A L GELDER & SON LIMITED→
05721954 · est 2006 · no financials extracted
————20y——
A C DEVELOPMENTS (LINCOLN) LIMITED→
10672993 · est 2017 · no financials extracted
————9y——
A FOGG LTD→
16196565 · est 2025 · no financials extracted
————1y——
A GALE TILING LTD→
06710770 · est 2008 · no financials extracted
————17y——
A.C.E. INSTALLATIONS & MAINTENANCE LIMITED→
13049215 · est 2020 · no financials extracted
————5y——
A1 BUILDING CONTRACTORS LTD→
13931870 · est 2022 · no financials extracted
————4y——
A1 FLOWSCREED LTD→
10377793 · est 2016 · no financials extracted
————9y——
AAA SCAFFOLDING ( LINCOLN ) LIMITED→
06723056 · est 2008 · no financials extracted
————17y——
AARON DAVENPORT LTD→
14867270 · est 2023 · no financials extracted
————2y——
AARON PLUMBING LIMITED→
11057408 · est 2017 · no financials extracted
————8y——
ABF SURFACING SERVICES LTD→
16797023 · est 2025 · no financials extracted
———————
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
Incorporated2018-04-10
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing

Registered office

31 Broadway
North Hykeham
Lincoln
LN6 8DP
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21

Officers (3 active · 0 resigned)

MERRITT, Diana→
director · ~66y · appointed 2022-12-01
View their other companies + combined net worth →
Active
WELLS, Anthony→
director · ~45y · appointed 2018-04-10
View their other companies + combined net worth →
Active
WELLS, Rebecca→
director · ~44y · appointed 2018-04-10
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Trustees of the Lerakoma Ssas
A registered charge1 property04/04/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
appoint-person-director-company-with-name-date
officers · AP01
2022-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-06
change-person-director-company-with-change-date
officers · CH01
2021-10-07
change-person-director-company-with-change-date
officers · CH01
2021-10-07