LANDSEC 10 LIMITED

🌳Matureactive

03385500 · ltd · incorporated 1997-06-12

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2026

Net worth

—

book net assets

Opportunity

73/100

Strong

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

What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

8 live charges · 7 lenders · oldest 28.7y

35/100

too messy

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

· Oldest live charge is 28.7 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

32 officers (4 active, 32 linked, 23 with DOB)

Ownership & PSC

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

Director network

22 connected companies via shared directors

Filing history

165 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2026-03-31
Average employees	0

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

🔒Filing-note intelligence

2 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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (96 events)Click to expand

2026-07-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-12-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-08-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-10-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-19
➕
MCCAVENY, Leigh appointed
director
2023-10-19
➖
BANGAR, Rejinder resigned
director
2023-10-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-10-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-04
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2023-06-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
➕
BANGAR, Rejinder appointed
director
2023-06-16
➖
RABIN, Daniel Stewart resigned
director
2022-09-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-06-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-27
➖
LOVELAND, Russell James resigned
director
2022-05-27
➕
RABIN, Daniel Stewart appointed
director
2021-05-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-05-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-01
➖
KHIROYA, Deepan Rasiklal resigned
director
2021-05-01
➕
LOVELAND, Russell James appointed
director
2021-04-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-11-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-07-22
➕
KHIROYA, Deepan Rasiklal appointed
director
2019-07-22
➖
TROUGHTON, Olivia Clare resigned
director
2014-03-14
➖
O'ROURKE, Dominic James resigned
director
2014-03-14
➕
TROUGHTON, Olivia Clare appointed
director
2013-12-24
🔓
Charge satisfied #8
2013-12-24
🔓
Charge satisfied #7
2013-12-24
🔓
Charge satisfied #6
2013-12-24
🔓
Charge satisfied #5
2013-10-01
➖
TMF CORPORATE ADMINISTRATION SERVICES LIMITED resigned
corporate-secretary
2013-09-09
➕
LS COMPANY SECRETARIES LIMITED appointed
corporate-secretary
2013-01-16
➕
LAND SECURITIES MANAGEMENT SERVICES LIMITED appointed
corporate-director
2013-01-16
➕
LS DIRECTOR LIMITED appointed
corporate-director
2013-01-16
➖
GERBEAU, Pierre Yves resigned
director
2013-01-16
➕
O'ROURKE, Dominic James appointed
director
2013-01-16
➖
PULLEN, Xavier resigned
director
2013-01-16
➖
ROBERTSON, John Manwaring resigned
director
2011-03-18
➖
HERMES SECRETARIAT LIMITED resigned
corporate-secretary
2011-03-18
➕
TMF CORPORATE ADMINISTRATION SERVICES LIMITED appointed
corporate-secretary
2011-03-18
➕
ROBERTSON, John Manwaring appointed
director
2011-03-18
➖
THODAY, Corin Leonard resigned
director
2010-09-20
➖
EVANS, Alasdair David resigned
director
2009-10-28
➖
BLACK, Russell Norman resigned
director
2009-10-28
➕
THODAY, Corin Leonard appointed
director

Showing most recent 50 of 96 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

+Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

43/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondary12+ year tenure: Director in role 14 years.
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

Land Securities Spv's Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Land Securities Spv's Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

LANDSEC 10 LIMITED

This company · 03385500

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
Land Securities Spv's Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	08/08/2023

2 historic (ceased) PSCs

The X-Leisure (General Partner) Limitedceased 08/08/2023· 75-100% shares · 75-100% voting · board control
Leisure Parks I Limitedceased 08/11/2016· 75-100% shares · 75-100% voting · board control

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 · SW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
294 EARLS COURT ROAD LIMITED→ 12350452 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
323 WIMBLEDON PARK ROAD FREEHOLD LTD→ 15016686 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
33 KILLIESER FREEHOLD LIMITED→ 11315613 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
338 FULHAM ROAD LIMITED→ 08808564 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
34 CROCKERTON ROAD LIMITED→ 03111855 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
34 REDFIELD LANE LIMITED→ 11369638 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
35 DREWSTEAD ROAD LTD→ 09939051 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
35 GAYVILLE ROAD HOLDINGS LTD→ 16203950 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
35 LAVENDER GARDENS MANAGEMENT COMPANY LIMITED→ 03256889 · est 1996 · no financials extracted	—	—	—	—	29y	—	—
35 PHILBEACH GARDENS LIMITED→ 05939570 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
35 PRESTON ROAD LIMITED→ 15326675 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
35 REGENT STREET LIMITED→ 15460457 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1997-06-12

Jurisdictionengland-wales

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

100 Victoria Street

London

SW1E 5JL

United Kingdom

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2026-08-17

Last: 2025-08-03

Officers (4 active · 28 resigned)

LS COMPANY SECRETARIES LIMITED→

corporate-secretary · appointed 2013-09-09

View their other companies + combined net worth →

Active

MCCAVENY, Leigh→

director · ~52y · appointed 2023-10-19

View their other companies + combined net worth →

Active

LAND SECURITIES MANAGEMENT SERVICES LIMITED→

corporate-director · appointed 2013-01-16

View their other companies + combined net worth →

Active

LS DIRECTOR LIMITED→

corporate-director · appointed 2013-01-16

View their other companies + combined net worth →

Active

D'ARDENNE, John→

nominee-secretary · appointed 1997-06-12 · resigned 1997-07-24

Resigned

DESAI, Falguni→

secretary · appointed 2003-01-24 · resigned 2005-09-01

Resigned

SINGH, Jagtar→

secretary · appointed 1997-07-24 · resigned 2003-01-24

Resigned

FILEX SERVICES LIMITED→

corporate-secretary · appointed 1997-10-01 · resigned 2007-09-30

Resigned

HERMES SECRETARIAT LIMITED→

corporate-secretary · appointed 2007-09-30 · resigned 2011-03-18

Resigned

TMF CORPORATE ADMINISTRATION SERVICES LIMITED→

corporate-secretary · appointed 2011-03-18 · resigned 2013-10-01

Resigned

BALFOUR-LYNN, Richard Gary→

director · ~73y · appointed 1997-07-24 · resigned 2003-01-24

Resigned

BANGAR, Rejinder→

director · ~58y · appointed 2023-06-16 · resigned 2023-10-19

Resigned

BARBER, Martin→

director · ~82y · appointed 2004-04-14 · resigned 2008-03-31

Resigned

BLACK, Russell Norman→

director · ~53y · appointed 2006-06-30 · resigned 2009-10-28

Resigned

BLURTON, Andrew Francis→

director · ~72y · appointed 1998-11-02 · resigned 2003-01-24

Resigned

CANTOR, Jonathan Brian→

nominee-director · ~56y · appointed 1997-06-12 · resigned 1997-07-24

Resigned

CORAL, Lynda Sharon→

director · ~65y · appointed 2003-01-24 · resigned 2005-02-21

Resigned

EVANS, Alasdair David→

director · ~65y · appointed 2005-11-16 · resigned 2010-09-20

Resigned

GERBEAU, Pierre Yves→

director · ~61y · appointed 2003-01-24 · resigned 2013-01-16

Resigned

HARRISON, John William→

director · ~74y · appointed 1997-07-24 · resigned 2003-01-24

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:8 of 8 shown

		Type	Properties
satisfied	HSBC Hsbc Bank PLC (The Facility Agent)	A confirmatory property trustee security agreement	1 property	31/07/2009	24/12/2013
satisfied	HSBC Hsbc Bank PLC (As Facility Agent)	A supplemental security agreement	1 property	05/03/2007	24/12/2013
satisfied	HSBC Hsbc Bank PLC (As Agent and Trustee for the Finance Parties)	Security agreement	1 property	31/03/2005	24/12/2013
satisfied	HSBC Hsbc Bank PLC (As Agent and Trustee for the Finance Parties)	Security agreement	2 properties	31/03/2005	24/12/2013
satisfied	Bayerische Hypo-Und Vereinsbank Ag, London Branch (As Agent and Security Trustee for Thefinance Parties)	Supplemental debenture	1 property	21/11/2002	04/05/2005
satisfied	Bayerische Hypo-Und Vereinsbank Ag	Fixed and floating charge debenture	1 property	31/05/2001	26/04/2005
satisfied	Fortis Bank S.A./N.V.as Assignee of Meespierson N.V.	Novation agreement (as defined) which,inter alia,novates a loan agreement dated 26 november 1997 (the "loan agreement") and assigns the benefit of and amends a debenture dated 26 november 1997	1 property	23/06/2000	11/09/2001
satisfied	Meespierson N.V.	Debenture	4 properties	26/11/1997	11/09/2001

Recent filings (165 total)

accounts-with-accounts-type-dormant

accounts · AA

2026-07-31

accounts-with-accounts-type-dormant

accounts · AA

2025-12-16

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-04

accounts-with-accounts-type-dormant

accounts · AA

2024-08-23

confirmation-statement-with-updates

confirmation-statement · CS01

2024-08-05

appoint-person-director-company-with-name-date

officers · AP01

2023-10-20

termination-director-company-with-name-termination-date

officers · TM01

2023-10-19

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2023-10-16

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-10-16

confirmation-statement-with-updates

confirmation-statement · CS01

2023-08-03

termination-director-company-with-name-termination-date

officers · TM01

2023-07-12

certificate-change-of-name-company

change-of-name · CERTNM

2023-07-04

accounts-with-accounts-type-dormant

accounts · AA

2023-06-23

appoint-person-director-company-with-name-date

officers · AP01

2023-06-20

accounts-with-accounts-type-dormant

accounts · AA

2022-09-27