EASTGROVE PROPERTIES LIMITED
🌳Matureactive
03867232 · ltd · incorporated 1999-10-27
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 24.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£662.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 85-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 24.9y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 24.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
81 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
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £662,521
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£663k
↑ 1.1% YoY
Current Assets
£50k
↑ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £662.5k | £655.2k |
| Current assets | £49.6k | £37.2k |
| Net assets | £662.5k | £655.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-11➕MAUDLING, Rebecca Kate, Dr appointeddirector
- 2024-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-10🔓Charge satisfied #2
- 2024-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-29📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC01
- 2017-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-23➕SHAW, George Geoffrey appointeddirector
- 2015-11-23➖HUTHWAITE, George William resigneddirector
- 2006-04-20🔓Charge satisfied #1
- 2003-10-29➖VARMA, Naveen Joseph resigneddirector
- 2001-08-13🔒Charge registered #2Lender: Hsbc Bank PLC
- 2001-07-25🔒Charge registered #1Lender: Hsbc Bank PLC
- 2001-01-23➖VARMA, Nan Ratan resigneddirector
- 2001-01-23➕VARMA, Naveen Joseph appointeddirector
- 1999-12-21➕SHAW, Nicholas Max appointedsecretary
- 1999-12-21➕SHAW, Nicholas Max appointeddirector
- 1999-12-21➖TURNER, Brian Richard resignedsecretary
- 1999-12-21➖GORDON, James Douglas Strachan resigneddirector
- 1999-12-21➕HUTHWAITE, George William appointeddirector
- 1999-12-21➕VARMA, Nan Ratan appointeddirector
- 1999-10-27🏢Company incorporatedAs EASTGROVE PROPERTIES LIMITED
- 1999-10-27➕TURNER, Brian Richard appointedsecretary
- 1999-10-27➕GORDON, James Douglas Strachan appointeddirector
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 85 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
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 85 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Secretary Nicholas Max Shaw Individual · British · DOB 07/1941 · age 85 | — | — | sig. influencesignificant influence | 06/10/2016 |
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 · SG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 475 ASHLEY ROAD LTD→ 14547641 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 49 HOOKSTONE ROAD FREEHOLD LTD→ 16782575 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 49 SPENCER ROAD LIMITED→ 11267091 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 4D REAL ESTATE LIMITED→ 11060991 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 4M LETTING LIMITED→ 11617185 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4U2C HOMES UK LIMITED→ 13888876 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 4Z BETA LTD→ 15488477 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 5AB LEASING LIMITED→ 15208583 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 5DF LTD→ 16402949 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 666 NEWMARKET ROAD LIMITED→ 13833618 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 7 ALBERT ROAD (BEXHILL) LIMITED→ 06503543 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 7 RT LTD→ 15788856 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1999-10-27
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
White Cottage High Street
Barley
Royston
Hertfordshire
SG8 8HT
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (4 active · 5 resigned)
SHAW, Nicholas Max→
Activesecretary · appointed 1999-12-21
View their other companies + combined net worth →
MAUDLING, Rebecca Kate, Dr→
Activedirector · ~49y · appointed 2024-12-11
View their other companies + combined net worth →
SHAW, George Geoffrey→
Activedirector · ~50y · appointed 2015-11-23
View their other companies + combined net worth →
SHAW, Nicholas Max→
Activedirector · ~85y · appointed 1999-12-21
View their other companies + combined net worth →
TURNER, Brian Richard→
Resignedsecretary · appointed 1999-10-27 · resigned 1999-12-21
GORDON, James Douglas Strachan→
Resigneddirector · ~65y · appointed 1999-10-27 · resigned 1999-12-21
HUTHWAITE, George William→
Resigneddirector · ~90y · appointed 1999-12-21 · resigned 2015-11-23
VARMA, Nan Ratan→
Resigneddirector · ~88y · appointed 1999-12-21 · resigned 2001-01-23
VARMA, Naveen Joseph→
Resigneddirector · ~53y · appointed 2001-01-23 · resigned 2003-10-29
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 13/08/2001 | 10/12/2024 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 25/07/2001 | 20/04/2006 |
Recent filings (81 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
appoint-person-director-company-with-name-date
officers · AP01
2024-12-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
change-person-director-company-with-change-date
officers · CH01
2023-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-18
change-person-director-company-with-change-date
officers · CH01
2020-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-13