146 WATER GARDENS LIMITED
💤Zombieactive
13500863 · ltd · incorporated 2021-07-08
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 Jul 2025
Net worth
£257.3k
book net assets
Opportunity
71/100
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 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).
🏦
Refinance opportunity
2 live charges · oldest 4.7y
35/100
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.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 £257,316
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£257k
~ YoY
Current Assets
£46k
↑ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £861.9k | £871.6k |
| Current assets | £46.0k | £41.2k |
| Net assets | £257.3k | £257.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 accounts
- • 1 address
Last 180 days
2
filings
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-04-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-06-06📄gazette-notice-compulsorygazette · GAZ1
- 2022-07-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-16🔒Charge registered #2Lender: Qib (UK) PLC
- 2021-09-16🔒Charge registered #1Lender: Qib (UK) PLC
- 2021-07-26📄elect-to-keep-the-secretaries-register-information-on-the-public-registerofficers · EH03
- 2021-07-26📄elect-to-keep-the-directors-residential-address-register-information-on-the-public-registerofficers · EH02
- 2021-07-26📄elect-to-keep-the-directors-register-information-on-the-public-registerofficers · EH01
- 2021-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-08🏢Company incorporatedAs 146 WATER GARDENS LIMITED
- 2021-07-08➕AHMED, Fahad appointedsecretary
- 2021-07-08➕AHMED, Fahad appointeddirector
- 2021-07-08📄incorporation-companyincorporation · NEWINC
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 lowMultiple 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 |
|---|---|---|---|---|
Mr Fahad Ahmed Individual · British · DOB 05/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 101 CLEVELAND STREET JV COMPANY LIMITED→ 11786653 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 101 CLEVELAND STREET MIDCO 1 LIMITED→ 11786921 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 101 CLEVELAND STREET MIDCO 2 LIMITED→ 11787009 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 11 HOLLAND ROAD FREEHOLD LTD→ 06602393 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 123 WATER GARDENS LIMITED→ 13510942 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 143 HERRIES ST LTD→ 16787594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 156 DECORATORS LTD→ 11621485 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 178 COOMBE LANE WEST LIMITED→ 15456112 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 179 MUNSTER ROAD LTD→ 12345011 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 18 BRAMHAM GARDENS MANAGEMENT COMPANY LIMITED→ 02914455 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| 180 COOMBE LANE WEST LIMITED→ 15767328 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 180A COOMBE LANE WEST LIMITED→ 15767279 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
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
Incorporated2021-07-08
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
22 Gilbert Street, London
Gilbert Street
London
W1K 5HD
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-21
Last: 2025-07-07
Officers (2 active · 0 resigned)
Active
AHMED, Fahad→
Activedirector · ~49y · appointed 2021-07-08
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Qib (UK) Qib (UK) PLC | A registered charge | 1 property | 16/09/2021 | — | |
| outstanding | Qib (UK) Qib (UK) PLC | A registered charge | 1 property | 16/09/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
gazette-notice-compulsory
gazette · GAZ1
2023-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-13