STEVE WELLS LTD

💤Zombieactive
12839374 · ltd · incorporated 2020-08-26
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 Dec 2024
Net worth
£161.2k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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).

Data confidence

Overall: high (81/100)

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 (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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 £161,189
Cash YoY
+94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£43k
↑ 94% YoY
Net Worth
£161k
↑ 17% YoY
Current Assets
Current Liabilities
£0£32k£64k£97k£129k£161kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£43.3k£22.3k
Net assets£161.2k£137.7k

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

🔒Filing-note intelligence

3 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
2
filings
  • 2 officers
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-22
    WELLS, Ann Mary appointed
    director
  4. 2026-04-15
    WELLS, Stephen Christopher resigned
    director
  5. 2026-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2023-02-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-01-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2022-11-30
    DORRILL, Mark resigned
    secretary
  13. 2022-07-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-07-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2020-10-13
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  16. 2020-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2020-08-26
    🏢
    Company incorporated
    As STEVE WELLS LTD
  18. 2020-08-26
    DORRILL, Mark appointed
    secretary
  19. 2020-08-26
    WELLS, Stephen Christopher appointed
    director
  20. 2020-08-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 "WELLS" — strong identity link between founder and business.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Rtb Private Equity Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Rtb Private Equity Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
STEVE WELLS LTD
This company · 12839374

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Rtb Private Equity Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/08/2020

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
Incorporated2020-08-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

The New Works
Roughmoor Industrial Estate
Williton
Somerset
TA4 4RF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (1 active · 2 resigned)

WELLS, Ann Mary
director · ~40y · appointed 2026-04-22
View their other companies + combined net worth →
Active
DORRILL, Mark
secretary · appointed 2020-08-26 · resigned 2022-11-30
Resigned
WELLS, Stephen Christopher
director · ~59y · appointed 2020-08-26 · resigned 2026-04-15
Resigned

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

Recent filings (20 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
appoint-person-director-company-with-name-date
officers · AP01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-06
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-12
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-09
gazette-notice-compulsory
gazette · GAZ1
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-27
gazette-notice-compulsory
gazette · GAZ1
2022-07-26