TILEHOUSE PROPERTIES LIMITED

🌳Matureactive

00512759 · ltd · incorporated 1952-10-28

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Management of real estate on a fee or contract basis

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 71). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

57 live charges · 6 lenders · oldest 42.7y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 42.7 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 50/100 (high).

Data confidence

Overall: high (83/100)

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

Lenders & charges

57 charges (57/57 with lender, 57/57 with type)

Directors & officers

7 officers (6 active, 7 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

13 connected companies via shared directors

Filing history

231 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-03-31	2024-03-31
Average employees	600	700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (132 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-07
🔒
Charge registered #58
Lender: Lloyds Bank PLC
2024-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-25
📍
move-registers-to-sail-company-with-new-address
address · AD03
2024-09-25
📍
change-sail-address-company-with-new-address
address · AD02
2024-09-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-22
📄
change-person-director-company-with-change-date
officers · CH01
2022-09-22
📄
change-person-director-company-with-change-date
officers · CH01
2022-09-22
📄
change-person-director-company-with-change-date
officers · CH01
2021-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-18
🔓
Charge satisfied #57
2021-11-18
🔓
Charge satisfied #56
2021-09-16
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2021-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2021-04-06
🔓
Charge satisfied #54
2021-01-05
🔓
Charge satisfied #55
2020-10-28
🔓
Charge satisfied #36
2020-10-28
🔓
Charge satisfied #6
2019-11-05
🔓
Charge satisfied #2
2019-08-30
🔓
Charge satisfied #53
2019-08-30
🔓
Charge satisfied #51
2018-12-17
🔓
Charge satisfied #35
2016-03-03
🔓
Charge satisfied #50
2016-03-03
🔓
Charge satisfied #49
2016-03-03
🔓
Charge satisfied #48
2016-03-03
🔓
Charge satisfied #21
2016-03-03
🔓
Charge satisfied #20
2016-03-03
🔓
Charge satisfied #11
2015-05-29
🔒
Charge registered #57
Lender: Lloyds Bank PLC
2015-05-23
🔓
Charge satisfied #47
2015-04-30
🔓
Charge satisfied #23
2014-11-04
🔒
Charge registered #56
Lender: Lloyds Bank PLC
2014-09-15
🔒
Charge registered #55
Lender: Lloyds Bank PLC
2014-09-15
🔒
Charge registered #54
Lender: Lloyds Bank PLC
2014-09-15
🔒
Charge registered #53
Lender: Lloyds Bank PLC
2014-04-25
🔒
Charge registered #52
Lender: Lloyds Bank PLC
2012-06-11
🔒
Charge registered #51
Lender: Lloyds Tsb Bank PLC
2011-02-05
🔓
Charge satisfied #38
2011-02-05
🔓
Charge satisfied #37
2011-02-05
🔓
Charge satisfied #19
2011-02-05
🔓
Charge satisfied #14

Showing most recent 50 of 132 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 74 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 2 low

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

7 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Opensale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Opensale Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

TILEHOUSE PROPERTIES LIMITED

This company · 00512759

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
Opensale Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 · Property · SG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1 HSB LIMITED→ 16585867 · est 2025 · no financials extracted	—	—	—	—	—	—	—
1 MSB LIMITED→ 16059197 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
1 RIVER LANE LIMITED→ 15211025 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
100 - 106 CAMPDEN ROAD LTD→ 10608522 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
101 SHEPESHALL SS15 LIMITED→ 16380136 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
1093 INVESTMENTS LTD→ 10472020 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
10D ASPEN LIMITED→ 15500663 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
11 KSB LIMITED→ 12858082 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
11 MSB LIMITED→ 16059045 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
128NOR LTD→ 12245738 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
129 CLOPHILL ROAD RMC LTD→ 12257450 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
12SPR LTD→ 16907431 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1952-10-28

Jurisdictionengland-wales

Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

6 Tilehouse Street

Hitchin

Herts

SG5 2DW

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-27

Last: 2025-09-13