WADE RESIDENTS LIMITED
Opportunity 67/100 (strong), bankability 70/100. 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: distressed disposal / insolvency (65/100).
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 |
|---|---|
| Total assets | £-1.2k |
| Current assets | £1.0k |
| Cash | £1.0k |
| Debtors | £1 |
| Net assets | £-1.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (19 events)Click to expand
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-10➖STRONACHS SECRETARIES LIMITED resignedcorporate-secretary
- 2024-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-23➕WADE, David Allan appointeddirector
- 2024-07-23➖FORBES, Neil David resigneddirector
- 2024-07-23➖GARDNER, Ross Scott resigneddirector
- 2024-07-23📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-07-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-07-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-11-15🏢Company incorporatedAs WADE RESIDENTS LIMITED
- 2023-11-15➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2023-11-15➕FORBES, Neil David appointeddirector
- 2023-11-15➕GARDNER, Ross Scott appointeddirector
- 2023-11-15📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "WADE" — strong identity link between founder and business.
- +Young company: Only 2.4 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-07-22: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Allan Wade Individual · British · DOB 05/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/07/2024 |
1 historic (ceased) PSC
- Stronachs Nominees Limitedceased 23/07/2024· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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 (1 active · 3 resigned)
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