45 WEST (KENSINGTON) LIMITED

🌳Matureactive
02374892 · ltd · incorporated 1989-04-24
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
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68201Renting and operating of Housing Association real estate
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 31.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 31.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees00

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
1
filing
  • 1 officers
Last 90 days
2
filings
  • 1 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-06-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-12-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-11-30
    🔓
    Charge satisfied #3
  15. 2018-11-30
    🔓
    Charge satisfied #2
  16. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-08-07
    🔒
    Charge registered #4
    Lender: Jonathan Glanz and Manuela Ginetta Maria Raimondo
  19. 2011-05-18
    🔒
    Charge registered #3
    Lender: Filross Securities Limited
  20. 2011-02-22
    🔓
    Charge satisfied #1
  21. 2009-04-01
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  22. 2002-01-17
    RUXTON, Derek Stuart resigned
    director
  23. 1996-12-30
    RAIMONDO, Manuela Ginetta Maria appointed
    director
  24. 1996-12-30
    RUXTON, Derek Stuart resigned
    secretary
  25. 1996-12-20
    RAIMONDO, Manuela Ginetta Maria appointed
    secretary
  26. 1994-11-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  27. 1989-04-24
    🏢
    Company incorporated
    As 45 WEST (KENSINGTON) 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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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 ·
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.

Group structure

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

🏛️
45 West Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
45 WEST (KENSINGTON) LIMITED
This company · 02374892

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%
NameSharesVoting rightsNature of controlNotified
45 West Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1989-04-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

45 Welbeck Street
London
W1G 8DZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (3 active · 2 resigned)

RAIMONDO, Manuela Ginetta Maria
secretary · appointed 1996-12-20
View their other companies + combined net worth →
Active
GLANZ, Jonathan
director · ~66y
View their other companies + combined net worth →
Active
RAIMONDO, Manuela Ginetta Maria
director · ~66y · appointed 1996-12-30
View their other companies + combined net worth →
Active
RUXTON, Derek Stuart
secretary · resigned 1996-12-30
Resigned
RUXTON, Derek Stuart
director · ~88y · resigned 2002-01-17
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Jonathan Glanz and Manuela Ginetta Maria Raimondo
A registered charge1 property07/08/2016
satisfied
Filross Securities
Filross Securities Limited
First legal charge1 property18/05/201130/11/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property01/04/200930/11/2018
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property04/11/199422/02/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

change-person-director-company-with-change-date
officers · CH01
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-06-13
change-person-secretary-company-with-change-date
officers · CH03
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-03