109 PALACE ROAD MANAGEMENT LIMITED

💤Zombieactive
02747726 · ltd · incorporated 1992-09-16
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 Sept 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 0.7y

10/100
under pressure

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

  • · Newest facility, 0.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-05-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-09-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-09-25
    🔒
    Charge registered #1
    Lender: Paratus Amc Limited
  4. 2025-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-01-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-01-13
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2025-01-12
    ASHTON, Drew appointed
    secretary
  8. 2025-01-12
    DOUSE, Andrew Brendan resigned
    secretary
  9. 2024-05-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-05-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-08-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-05-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2018-06-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-06-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2016-06-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-10-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2014-08-04
    WATSON, Errol Constantine resigned
    director
  20. 2013-07-05
    OLSEN, Jennifer Marianne resigned
    director
  21. 2007-10-01
    RAWLINSON, Gail resigned
    director
  22. 2007-09-01
    WINMILL, Sarah Patricia resigned
    director
  23. 2007-08-17
    LEMON, Peter James resigned
    director
  24. 2004-09-16
    DOUSE, Andrew Brendan appointed
    director
  25. 2004-09-16
    DOUSE, Andrew Brendan appointed
    secretary
  26. 2004-09-16
    LEMON, Peter James resigned
    secretary
  27. 2004-09-16
    BROWN, Henry Arthur Thomas resigned
    director
  28. 2004-09-16
    OLSEN, Jennifer Marianne appointed
    director
  29. 2004-09-16
    RAWLINSON, Gail appointed
    director
  30. 2004-09-16
    WATSON, Errol Constantine appointed
    director
  31. 2004-09-16
    WINMILL, Sarah Patricia appointed
    director
  32. 1992-09-16
    🏢
    Company incorporated
    As 109 PALACE ROAD MANAGEMENT LIMITED
  33. 1992-09-16
    LEMON, Peter James appointed
    secretary
  34. 1992-09-16
    M W DOUGLAS & COMPANY LIMITED appointed
    corporate-nominee-secretary
  35. 1992-09-16
    M W DOUGLAS & COMPANY LIMITED resigned
    corporate-nominee-secretary
  36. 1992-09-16
    BROWN, Henry Arthur Thomas appointed
    director
  37. 1992-09-16
    LEMON, Peter James appointed
    director
  38. 1992-09-16
    DOUGLAS NOMINEES LIMITED appointed
    corporate-nominee-director
  39. 1992-09-16
    DOUGLAS NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew Brendan Douse
Individual · British · DOB 11/1968 · age 58
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1992-09-16
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

109 Palace Road
London
SW2

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (2 active · 10 resigned)

ASHTON, Drew
secretary · appointed 2025-01-12
View their other companies + combined net worth →
Active
DOUSE, Andrew Brendan
director · ~58y · appointed 2004-09-16
View their other companies + combined net worth →
Active
DOUSE, Andrew Brendan
secretary · appointed 2004-09-16 · resigned 2025-01-12
Resigned
LEMON, Peter James
secretary · appointed 1992-09-16 · resigned 2004-09-16
Resigned
M W DOUGLAS & COMPANY LIMITED
corporate-nominee-secretary · appointed 1992-09-16 · resigned 1992-09-16
Resigned
BROWN, Henry Arthur Thomas
director · ~72y · appointed 1992-09-16 · resigned 2004-09-16
Resigned
LEMON, Peter James
director · ~74y · appointed 1992-09-16 · resigned 2007-08-17
Resigned
OLSEN, Jennifer Marianne
director · ~52y · appointed 2004-09-16 · resigned 2013-07-05
Resigned
RAWLINSON, Gail
director · ~58y · appointed 2004-09-16 · resigned 2007-10-01
Resigned
WATSON, Errol Constantine
director · ~79y · appointed 2004-09-16 · resigned 2014-08-04
Resigned
WINMILL, Sarah Patricia
director · ~57y · appointed 2004-09-16 · resigned 2007-09-01
Resigned
DOUGLAS NOMINEES LIMITED
corporate-nominee-director · appointed 1992-09-16 · resigned 1992-09-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property25/09/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-21
accounts-with-accounts-type-dormant
accounts · AA
2025-06-15
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-13
appoint-person-secretary-company-with-name-date
officers · AP03
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-28
accounts-with-accounts-type-dormant
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-dormant
accounts · AA
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-28
accounts-with-accounts-type-dormant
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-21