PROJECT WEXLER BIDCO LIMITED
🌿Early-stageactive
15218766 · ltd · incorporated 2023-10-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£304.8k
year to May 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 2.4y
40/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: high (84/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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 102Loss-making
Loss before tax £8,979,974
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 · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Turnover | £304.8k | — |
| Gross profit | £304.8k | — |
| Operating profit | £-116.7k | £-1.09M |
| Profit before tax | £-8.98M | £-4.43M |
| Average employees | 0 | 0 |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-28📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-02-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-17📄capital-allotment-sharescapital · SH01
- 2024-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-16📄memorandum-articlesincorporation · MA
- 2024-01-16📄resolutionresolution · RESOLUTIONS
- 2024-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-15➕DELLOW, Paul William appointeddirector
- 2024-01-15➕FOGELMAN, David Jason appointeddirector
- 2024-01-15🔒Charge registered #1Lender: Glas Trust Corporation Limited
- 2023-12-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-18🏢Company incorporatedAs PROJECT WEXLER BIDCO LIMITED
- 2023-10-18➕HOOFT, Pieter Johannes appointeddirector
- 2023-10-18➕SZPIRO, James Lucien Alexander appointeddirector
- 2023-10-18📄incorporation-companyincorporation · NEWINC
Owner dependency
53/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Young company: Only 2.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Project Wexler Finco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Project Wexler Finco Limited
Corporate parent · holds 75-100% shares · board control
⬇
PROJECT WEXLER BIDCO LIMITED
This company · 15218766
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Project Wexler Finco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/12/2023 |
1 historic (ceased) PSC
- Cadence Equity Partners Limitedceased 19/12/2023· 75-100% shares · 75-100% voting · board control
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 · Holding company · SO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 BEVOIS MANSIONS FREEHOLD LIMITED→ 16905644 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 14-31 PENSTOCK DRIVE RTM COMPANY LTD→ 16141723 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 14/15 WOODSIDE LIMITED→ 03078053 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 143-145-147-149 HILTINGBURY ROAD FREEHOLDERS COMPANY LIMITED→ 15405917 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 15 NORTH WALLS LIMITED→ 04807287 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 15 SOUTHGATE STREET WINCHESTER MANAGEMENT COMPANY LIMITED→ 04268843 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| 15 VICTORIA LIMITED→ 04267226 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| 15A PEMBRIDGE CRESCENT LIMITED→ 03304669 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| 16 AUCKLAND ROAD RTM COMPANY LTD→ 16959498 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 16 MOORHOUSE ROAD LIMITED→ 04544874 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 16 OXFORD STREET MANAGEMENT COMPANY (SOUTHAMPTON) LTD→ 08093093 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 163 MANOR ROAD MANAGEMENT LTD→ 11656340 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2023-10-18
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
The Pavilion Botleigh Grange Buisiness Park
Hedge End
Southampton
Hampshire
SO30 2AF
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17
Officers (4 active · 0 resigned)
DELLOW, Paul William→
Activedirector · ~52y · appointed 2024-01-15
View their other companies + combined net worth →
FOGELMAN, David Jason→
Activedirector · ~56y · appointed 2024-01-15
View their other companies + combined net worth →
HOOFT, Pieter Johannes→
Activedirector · ~63y · appointed 2023-10-18
View their other companies + combined net worth →
SZPIRO, James Lucien Alexander→
Activedirector · ~53y · appointed 2023-10-18
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 15/01/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (15 total)
accounts-with-accounts-type-full
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-full
accounts · AA
2025-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-28
appoint-person-director-company-with-name-date
officers · AP01
2024-01-18
capital-allotment-shares
capital · SH01
2024-01-17
appoint-person-director-company-with-name-date
officers · AP01
2024-01-17
memorandum-articles
incorporation · MA
2024-01-16
resolution
resolution · RESOLUTIONS
2024-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-20
incorporation-company
incorporation · NEWINC
2023-10-18