BEN WATTS LTD

⚰️Wound downdissolved
12629027 · ltd · incorporated 2020-05-28
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 May 2024
Net worth
£-622
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 officers (1 active, 1 linked, 1 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
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £622
Net assets shrinking
Down £624 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£622
↓ 31200% YoY
Current Assets
£0
↓ 100% YoY
Current Liabilities
-£622£2k£5k£8k£11k£14kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£-422£202
Current assets£0£13.7k
Net assets£-622£2

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 gazette
Last 90 days
2
filings
  • 2 gazette
Last 180 days
2
filings
  • 2 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-07-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2026-07-14
    🏁
    Company dissolved
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-09-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-08-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-08-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2024-08-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2024-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-08-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-08-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2022-08-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2022-04-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-05-28
    🏢
    Company incorporated
    As BEN WATTS LTD
  18. 2020-05-28
    WATTS, Benjamin Richard appointed
    director
  19. 2020-05-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "WATTS" — strong identity link between founder and business.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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 high ·
Company dissolved
high

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

Evidence: Dissolved on 2026-07-14

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Benjamin Richard Watts
Individual · English · DOB 01/1996 · age 30
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/05/2020
1 historic (ceased) PSC
  • Mrs Lily Florence Wattsceased 23/08/2023· 25-50% shares · 25-50% voting

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.

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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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2020-05-28
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

50 Ernest Road
Havant
PO9 3TL
England

Filing status

Accounts
Next due:
Last made up to: 2024-05-31
Confirmation statement
Next due:
Last: 2025-05-27

Officers (0 active · 0 resigned)

WATTS, Benjamin Richard
director · ~30y · appointed 2020-05-28
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

gazette-dissolved-compulsory
gazette · GAZ2
2026-07-14
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-29
gazette-notice-compulsory
gazette · GAZ1
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-14
gazette-notice-compulsory
gazette · GAZ1
2024-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-30