WATERFRONT FLUID CONTROLS LTD.
- 28140SIC 28140
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 15.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-31 |
|---|---|
| Average employees | 1400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 address
- • 1 address
- • 1 mortgage
- • 1 accounts
Corporate timeline (41 events)Click to expand
- 2026-02-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-09🔓Charge satisfied #1
- 2025-12-24📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-05📄resolutionresolution · RESOLUTIONS
- 2024-08-05📄capital-allotment-sharescapital · SH01
- 2024-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-03📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-05-03📄capital-name-of-class-of-sharescapital · SH08
- 2024-05-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-01📄memorandum-articlesincorporation · MA
- 2024-05-01📄resolutionresolution · RESOLUTIONS
- 2024-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-30➕JAIN, Dharmendra appointeddirector
- 2024-04-30➕NIVEN, Elizabeth appointeddirector
- 2024-04-30➕PANDEY, Bhuvanesh appointeddirector
- 2024-04-30➕PATEL, Pratik appointeddirector
- 2024-04-30➖NIVEN, Elizabeth resignedsecretary
- 2024-01-26📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-21🔓Charge satisfied #3
- 2014-08-29🔓Charge satisfied #2
- 2014-01-27🔒Charge registered #3Lender: Hsbc Bank PLC
- 2013-12-09🔒Charge registered #2Lender: Synergy in Trade LTD
- 2013-01-23➖BETTERIDGE, Ian Kenneth resignedsecretary
- 2013-01-23➕NIVEN, Elizabeth appointedsecretary
- 2011-02-17🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2006-07-12🏢Company incorporatedAs WATERFRONT FLUID CONTROLS LTD.
- 2006-07-12➕BETTERIDGE, Neil Robert appointeddirector
- 2006-07-12➕BETTERIDGE, Ian Kenneth appointedsecretary
- 2006-07-12➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-07-12➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-07-12➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-07-12➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondary12+ year tenure: Director in role 20 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Jash Engineering Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Jash Engineering Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/04/2024 |
1 historic (ceased) PSC
- Mr Neil Robert Betteridgeceased 30/04/2024· 75-100% shares · 75-100% voting · board control · significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| WILLIAMS WINDOW FABRICATION LIMITED→ SC163160 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
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6 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 →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
Registered office
Filing status
Officers (5 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 27/01/2014 | 21/06/2017 | |
| satisfied | Synergy in Trade Synergy in Trade LTD | A registered charge | 1 property | 09/12/2013 | 29/08/2014 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 17/02/2011 | 09/02/2026 |