WILLS123 LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 75/100 (strong), bankability 75/100. 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 (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (34 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-20➕IMCO DIRECTOR LIMITED appointedcorporate-director
- 2023-10-20➖MARSHALL, Craig Alexander resigneddirector
- 2023-10-20📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2023-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-10-31➖DAKIN, Mark Richard Ainley resignedsecretary
- 2007-10-22➖MARSHALL, Craig Alexander resignedsecretary
- 2007-10-18➕DAKIN, Mark Richard Ainley appointedsecretary
- 2007-03-30➕HIGGINS, Mark appointeddirector
- 2007-03-30➕MARSHALL, Craig Alexander appointedsecretary
- 2007-03-30➖TURNBULL, Janice resignedsecretary
- 2007-03-30➕MARSHALL, Craig Alexander appointeddirector
- 2007-03-30➖SIMPSON, Ellis resigneddirector
- 1999-10-19🏢Company incorporatedAs WILLS123 LIMITED
- 1999-10-19➕TURNBULL, Janice appointedsecretary
- 1999-10-19➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 1999-10-19➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 1999-10-19➕SIMPSON, Ellis appointeddirector
- 1999-10-19➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 1999-10-19➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Irwin Mitchell Llp 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 |
|---|---|---|---|---|
Irwin Mitchell Llp Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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
Active · Other · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A M MAINTENANCE SERVICES LIMITED→ SC720719 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A.L.G.P. CENTURY LP→ SL031008 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGE CONCERN EASTWOOD→ SC189499 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| AGES LIMITED→ SC357300 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AGF DAVIES LIMITED→ SC747437 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGRICO TRADING LP→ SL022912 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALARO BUSINESS LP→ SL015052 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALCHEMIST COMMERCIAL PROPERTY FUND LIMITED PARTNERSHIP→ SL007093 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ALITER CAPITAL CO-INVEST LP→ SL029089 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALPHARD ENTERPRISE LP→ SL031099 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALTANA TRADE LP→ SL024082 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALTCROSS EXPRESS L.P.→ SL031854 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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 (2 active · 7 resigned)
Click a director name to see their full track record across all companies.