POLTAIR PROPERTIES LIMITED

🌳Matureactive

03270401 · ltd · incorporated 1996-10-29

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

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 78). 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 (45/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 26.9y

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 26.9 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 55/100 (high).

Data confidence

Overall: high (84/100)

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

11 charges (11/11 with lender, 11/11 with type)

Directors & officers

20 officers (5 active, 20 linked, 18 with DOB)

Ownership & PSC

3 active PSC(s) of 6 total, 6 with control declared

Director network

16 connected companies via shared directors

Filing history

142 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

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 · accounting standard unknown

Metric	2025-04-30	2024-04-30
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (75 events)Click to expand

2025-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-14
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-03-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-01
➕
KEVERN, Susan Elizabeth appointed
director
2021-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-08
➖
CLEMENTS, Neil Christian resigned
director
2021-11-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
➖
TURNER, Teresa Jane resigned
director
2020-11-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-11
📄
change-person-director-company-with-change-date
officers · CH01
2019-04-30
➕
CLEMENTS, Neil Christian appointed
director
2019-04-30
➖
CLEMENTS, Neil Christian resigned
director
2019-04-30
➕
CLEMENTS, Neil Christian appointed
director
2019-01-29
➖
STEPHENS, Anthony Paul Fleming resigned
secretary
2018-03-27
➕
TURNER, Teresa Jane appointed
director
2016-12-15
➖
BARNICOAT, Ann Janette resigned
director
2016-12-15
➖
BARNICOAT, Gerry Thomas resigned
director
2015-05-14
🔓
Charge satisfied #5
2012-02-03
➕
LEY, Andrew Edward appointed
director
2012-02-03
➕
LEY, Ronald Edward appointed
director
2008-11-25
➖
HARRILL, Kathryn Margaret resigned
director
2008-09-29
🔓
Charge satisfied #10
2008-09-29
🔓
Charge satisfied #9
2008-09-29
🔓
Charge satisfied #8
2008-09-29
🔓
Charge satisfied #7
2008-09-29
🔓
Charge satisfied #6
2008-09-29
🔓
Charge satisfied #4
2008-09-29
🔓
Charge satisfied #3
2008-09-29
🔓
Charge satisfied #2
2008-09-29
🔓
Charge satisfied #1
2008-09-16
➖
COYLE, Derek Alan resigned
director
2008-08-30
➖
COOMBE, Geoffrey Roger resigned
director
2007-06-30
➖
FORD, Martin Peter resigned
director
2007-01-01
➕
FORD, Martin Peter appointed
director
2006-01-18
🔒
Charge registered #11
Lender: Julian Simmons Korn and James William Stuart Macdonald
2005-12-31
➖
JENKIN, Owen resigned
director
2005-01-01
➕
JENKIN, Owen appointed
director
2004-08-27
🔒
Charge registered #10
Lender: National Westminster Bank PLC
2004-04-16
🔒
Charge registered #9
Lender: National Westminster Bank PLC

Showing most recent 50 of 75 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 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — 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 78 years old. Natural succession window is now.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 30 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

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

🏛️

Poltair Homes Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

POLTAIR PROPERTIES LIMITED

This company · 03270401

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Poltair Homes Limited Corporate entity	75–100%	—	75-100% shares	30/10/2017
Mr Ronald Edward Ley Individual · British · DOB 12/1953 · age 73	—	—	sig. influencesignificant influence	13/12/2016
Mr Anthony Paul Fleming Stephens Individual · British · DOB 03/1948 · age 78	—	—	sig. influencesignificant influence	06/04/2016

3 historic (ceased) PSCs

Mr Ronald Edward Leyceased 30/10/2017· 25-50% shares · 25-50% voting · firm interest
Mr Anthony Paul Fleming Stephensceased 30/10/2017· 25-50% shares · 25-50% voting
Mr Gerald Thomas Barnicoatceased 15/12/2016· 25-50% shares · 25-50% voting

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 · Construction · EX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1ST IMPRESSIONS (SW) LTD→ 14823295 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
A D ROOFING SPECIALISTS LTD→ 05132894 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
AB PLUMBING & HEATING SW LTD→ 16299777 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AB SPECIAL PROJECTS LIMITED→ 05233483 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
ABC CLADDING SOUTH WEST LIMITED→ 15808925 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ACCESS 28 LIMITED→ 15746721 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ACCESS AN AREA LIMITED→ 10034219 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ACE PLUMBING & HEATING SOUTH WEST LTD→ 13109834 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ACEXCAVATIONS & GROUNDWORKS LIMITED→ 17105779 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ACOUSTI-CLAD (INTERIORS) LIMITED→ 02632472 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
ACS BUILDING CONTRACTORS LIMITED→ 10204023 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ACW SCAFFOLDING LIMITED→ 13218208 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1996-10-29

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

47 Boutport Street

Barnstaple

EX31 1SQ

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-11-09

Last: 2025-10-26