20 WATERSIDE LTD
🌿Early-stageactive
15401866 · ltd · incorporated 2024-01-10
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
—
year to Jan 2025
Net worth
£3.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 61900Other telecommunications activities
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 70/100. 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 (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 2.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.1 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £2,951
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£3k
Current Assets
£23k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 |
|---|---|
| Total assets | £603.2k |
| Current assets | £23.5k |
| Net assets | £3.0k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-30🔓Charge satisfied #2
- 2025-05-30🔓Charge satisfied #1
- 2025-02-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-07🔒Charge registered #3Lender: Bath Investment and Building Society
- 2024-04-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-25🔒Charge registered #2Lender: Grosvenor Funding LTD
- 2024-03-25🔒Charge registered #1Lender: Grosvenor Funding LTD
- 2024-03-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-07➕BROADY, David John appointeddirector
- 2024-03-07➕BROADY, Rachel Ellen Louise appointeddirector
- 2024-03-07➖WRIGHT, Colin Desmond resigneddirector
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-10🏢Company incorporatedAs 20 WATERSIDE LTD
- 2024-01-10➕WRIGHT, Colin Desmond appointeddirector
- 2024-01-10📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David John Broady Individual · British · DOB 03/1965 · age 61 | 25–50% | — | 25-50% shares | 07/03/2024 |
Mrs Rachel Ellen Louise Broady Individual · British · DOB 10/1966 · age 60 | 25–50% | — | 25-50% shares | 07/03/2024 |
1 historic (ceased) PSC
- Mr Colin Desmond Wrightceased 07/03/2024· 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 · Hospitality · HG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 ST MARKS AVENUE MANAGEMENT COMPANY LIMITED→ 03608416 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 17 MILES LTD→ 14624411 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 21 KINGS ROAD MANAGEMENT COMPANY LTD→ 07842560 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 63A-SUSHI (HARROGATE) LTD→ 12482163 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 65 DEGREES LTD→ 14387058 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A CASA DI ALESSIA LIMITED→ 12420911 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A JELLY RACE LTD→ 13762499 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABK INVEST UK LTD→ 13533076 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABUS HARROGATE LTD→ 16838184 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCESS RETAIL SOLUTIONS LTD→ 13172338 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ACRS PROPERTIES LIMITED→ 15388999 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM BALTI & PIZZA LIMITED→ 12442127 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2024-01-10
Jurisdictionengland-wales
Primary SIC55209 — Other holiday and other collective accommodation
Registered office
1 Vicarage Lane
Knaresborough
North Yorkshire
HG5 9AF
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21
Officers (2 active · 1 resigned)
BROADY, David John→
Activedirector · ~61y · appointed 2024-03-07
View their other companies + combined net worth →
BROADY, Rachel Ellen Louise→
Activedirector · ~60y · appointed 2024-03-07
View their other companies + combined net worth →
WRIGHT, Colin Desmond→
Resigneddirector · ~65y · appointed 2024-01-10 · resigned 2024-03-07
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bath Investment and Building Society | A registered charge | 1 property | 07/02/2025 | — | |
| satisfied | Grosvenor Funding Grosvenor Funding LTD | A registered charge | 1 property | 25/03/2024 | 30/05/2025 | |
| satisfied | Grosvenor Funding Grosvenor Funding LTD | A registered charge | 1 property | 25/03/2024 | 30/05/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-07
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-07