AMY PROPERTIES LIMITED

🌳Matureactive
01005129 · ltd · incorporated 1971-03-18
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 Apr 2025
Net worth
£1.18M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 84). 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 (53/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 50.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 50.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
129 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
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,175,786
Net assets shrinking
Down £197,170 YoY
Cash YoY
-23%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£89k
↓ 23% YoY
Net Worth
£1.2m
↓ 14% YoY
Current Assets
£89k
↓ 23% YoY
Current Liabilities
—
£0£275k£549k£824k£1.1m£1.4mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£1.49M£1.77M
Current assets£88.9k£115.1k
Cash£88.9k£115.1k
Debtors—£28
Net assets£1.18M£1.37M

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-11-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-11-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2016-11-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2007-09-12
    ➖
    SAMBROOK, Keith resigned
    secretary
  18. 2006-11-04
    🔓
    Charge satisfied #4
  19. 2006-11-04
    🔓
    Charge satisfied #3
  20. 2006-10-18
    ➕
    LUDLOW, Amy Kelly Louise appointed
    director
  21. 2006-10-18
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC
  22. 1999-11-25
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC
  23. 1998-01-19
    ➖
    PIPER, Philip Stephen resigned
    secretary
  24. 1998-01-19
    ➕
    SAMBROOK, Keith appointed
    secretary
  25. 1996-01-12
    ➕
    PIPER, Philip Stephen appointed
    secretary
  26. 1996-01-12
    ➖
    SAMBROOK, Keith resigned
    secretary
  27. 1995-11-17
    🔓
    Charge satisfied #8
  28. 1995-08-08
    🔒
    Charge registered #9
    Lender: Barclays Bank PLC
  29. 1992-10-01
    ➖
    SAMBROOK, Keith resigned
    director
  30. 1991-03-21
    🔒
    Charge registered #8
    Lender: Barclays Bank PLC
  31. 1986-12-16
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  32. 1986-10-31
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  33. 1986-10-31
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  34. 1981-01-09
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  35. 1981-01-06
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  36. 1980-03-10
    🔒
    Charge registered #2
    Lender: Martin Dairy (Looe) Limited.
  37. 1976-01-09
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  38. 1971-03-18
    🏢
    Company incorporated
    As AMY PROPERTIES LIMITED

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

89/100
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 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 55 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 · 1 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.

8 live charges
low

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Michael Peter Kelly
Individual · British · DOB 02/1942 · age 84
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Amy Kelly Louise Ludlow
Individual · British · DOB 01/1985 · age 41
25–50%
25–50%25-50% shares · 25-50% voting26/10/2024

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 →

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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
Incorporated1971-03-18
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Delank Highfield Road
Mount Hawke
Truro
Cornwall
TR4 8DZ
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (2 active · 4 resigned)

KELLY, Michael Peter→
director · ~84y
View their other companies + combined net worth →
Active
LUDLOW, Amy Kelly Louise→
director · ~41y · appointed 2006-10-18
View their other companies + combined net worth →
Active
PIPER, Philip Stephen→
secretary · appointed 1996-01-12 · resigned 1998-01-19
Resigned
SAMBROOK, Keith→
secretary · appointed 1998-01-19 · resigned 2007-09-12
Resigned
SAMBROOK, Keith→
secretary · resigned 1996-01-12
Resigned
SAMBROOK, Keith→
director · ~97y · resigned 1992-10-01
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

11
Total charges
8
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property18/10/2006—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property25/11/1999—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property08/08/1995—
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/03/199117/11/1995
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property16/12/1986—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property31/10/1986—
outstanding
Barclays
Barclays Bank PLC
Debenture1 property31/10/1986—
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property09/01/198104/11/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage1 property06/01/198104/11/2006
outstanding
Martin Dairy (Looe) .
Martin Dairy (Looe) Limited.
Charge1 property10/03/1980—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property09/01/1976—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (129 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-19
change-person-director-company-with-change-date
officers · CH01
2023-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-15