CHARON PROPERTIES LTD
💤Zombieactive
02371765 · ltd · incorporated 1989-04-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£3.37M
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
23 live charges · 5 lenders · oldest 35.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 35.0 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
23 charges (23/23 with lender, 23/23 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
141 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3,369,555
Cash draining
Cash down 41% YoY
Cash YoY
-41%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£45k
↓ 41% YoY
Net Worth
£3.4m
↑ 11% YoY
Current Assets
£439k
↓ 8.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £5.85M | £5.42M |
| Current assets | £439.3k | £481.7k |
| Cash | £44.7k | £75.3k |
| Debtors | £394.5k | £406.3k |
| Net assets | £3.37M | £3.05M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
- 2025-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-16🔒Charge registered #24Lender: Handelsbanken PLC
- 2022-03-08📄memorandum-articlesincorporation · MA
- 2022-03-08📄resolutionresolution · RESOLUTIONS
- 2021-12-09➖HUGGETT, Susan Jane resigneddirector
- 2021-12-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-11🔓Charge satisfied #20
- 2019-01-11🔓Charge satisfied #11
- 2019-01-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-01-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-01-09🔒Charge registered #23Lender: Handeslbanken PLC
- 2019-01-09🔒Charge registered #22Lender: Handelsbanken PLC
- 2018-09-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-09-24🔓Charge satisfied #18
- 2013-07-29🔓Charge satisfied #21
- 2007-04-13🔓Charge satisfied #10
- 2007-01-18🔓Charge satisfied #16
- 2007-01-18🔓Charge satisfied #15
- 2006-11-30🔒Charge registered #21Lender: National Westminster Bank PLC
- 2006-11-23🔓Charge satisfied #19
- 2006-11-23🔓Charge satisfied #17
- 2006-11-23🔓Charge satisfied #12
- 2006-05-24🔒Charge registered #20Lender: National Westminster Bank PLC
- 2004-07-08🔓Charge satisfied #1
- 2004-06-23🔒Charge registered #19Lender: National Westminster Bank PLC
- 2004-02-27🔒Charge registered #18Lender: National Westminster Bank PLC
- 2003-01-27🔒Charge registered #17Lender: National Westminster Bank PLC
- 2002-11-05🔓Charge satisfied #14
- 2002-10-15🔓Charge satisfied #13
- 2002-03-28🔓Charge satisfied #9
- 2002-03-28🔓Charge satisfied #5
- 2002-03-28🔓Charge satisfied #4
- 2002-03-22🔒Charge registered #16Lender: National Westminster Bank PLC
- 2001-11-23🔒Charge registered #15Lender: National Westminster Bank PLC
- 2001-10-26🔒Charge registered #14Lender: National Westminster Bank PLC
- 2001-06-30🔓Charge satisfied #8
- 2001-04-26🔒Charge registered #13Lender: National Westminster Bank PLC
- 2001-04-18🔒Charge registered #12Lender: National Westminster Bank PLC
- 2001-04-18🔒Charge registered #11Lender: National Westminster Bank PLC
- 2001-04-18🔒Charge registered #10Lender: National Westminster Bank PLC
Showing most recent 50 of 65 events
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Charon Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Charon Holdings Ltd
Corporate parent · holds 75-100% shares · board control
⬇
CHARON PROPERTIES LTD
This company · 02371765
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 |
|---|---|---|---|---|
Charon Holdings Ltd 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 · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 90-96 EAST STREET MANAGEMENT COMPANY LIMITED→ 14995177 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 96 SHIREHAMPTON ROAD FREEHOLD COMPANY LIMITED→ 15713654 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A CACI & CO LTD→ 11614981 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A4 BIBA LIMITED→ 16722411 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AADHAV LIMITED→ 16662081 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAFAA LTD→ 14206622 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AARON PROPERTIES LIMITED→ 03072333 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ABAVIEW PROPERTY RELOCATIONS LTD→ 13483791 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBASSI PROPERTIES LTD→ 11742149 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABBEYFIELD HOMES LIMITED→ 15232509 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBOTSFORD ROAD LIMITED→ 06347318 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ABC CHURCH ROAD MANAGEMENT COMPANY LIMITED→ 11846881 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1989-04-13
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Davis House
Lodge Causeway Trading Estate
Fishponds
Bristol,
BS16 3JB
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-27
Last: 2026-04-13
Officers (2 active · 3 resigned)
Active
Active
STARKE, Colin Barrymore→
Resignedsecretary · resigned 1992-04-30
HUGGETT, Susan Jane→
Resigneddirector · ~80y · resigned 2021-12-09
STARKE, Colin Barrymore→
Resigneddirector · ~100y · resigned 1992-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
23
Total charges
3
Outstanding
2
Active lenders
Status:Lender:23 of 23 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 16/03/2022 | — | |
| outstanding | Handeslbanken Handeslbanken PLC | A registered charge | — | 09/01/2019 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 09/01/2019 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 30/11/2006 | 29/07/2013 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 24/05/2006 | 11/01/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 23/06/2004 | 23/11/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 27/02/2004 | 24/09/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 27/01/2003 | 23/11/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/03/2002 | 18/01/2007 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 23/11/2001 | 18/01/2007 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 26/10/2001 | 05/11/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 26/04/2001 | 15/10/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 18/04/2001 | 23/11/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 18/04/2001 | 11/01/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 18/04/2001 | 13/04/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/07/2000 | 28/03/2002 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 15/05/2000 | 30/06/2001 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 17/01/2000 | 17/05/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 29/10/1999 | 28/03/2002 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 20/08/1999 | 28/03/2002 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/10/1994 | 03/03/1999 | |
| satisfied | Ucb Bank Ucb Bank PLC | Legal charge | 1 property | 26/06/1991 | 28/03/1995 | |
| satisfied | Ucb Bank Ucb Bank PLC | Legal charge | 1 property | 26/06/1991 | 08/07/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (141 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-28
memorandum-articles
incorporation · MA
2022-03-08
resolution
resolution · RESOLUTIONS
2022-03-08
termination-director-company-with-name-termination-date
officers · TM01
2021-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-09