CONCEPT HOMES LIMITED
🚨Distressedactive
03932291 · ltd · incorporated 2000-02-23
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-3.39M
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 32/100. Strong seller-intent signal (63/100, director aged 74). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (85/100).
🏦
Refinance opportunity
12 live charges · 4 lenders · oldest 24.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
63
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £3,394,933
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£3.4m
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-3.27M | £-3.27M |
| Net assets | £-3.39M | £-3.39M |
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
0
filings
Last 90 days
1
filing
- • 1 persons-with-significant-control
Last 180 days
1
filing
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2026-05-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-13📍change-sail-address-company-with-new-addressaddress · AD02
- 2025-09-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-01➖KARPINSKI, Jane Mavis resigneddirector
- 2023-05-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-05-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-06➕KARPINSKI, Timothy Paul appointeddirector
- 2017-01-06➕KARPINSKI, Jane Mavis appointeddirector
- 2016-09-01➖KARPINSKI, Jane Mavis resignedsecretary
- 2016-09-01➖KARPINSKI, Jane Mavis resigneddirector
- 2016-09-01➖KARPINSKI, Timothy Paul resigneddirector
- 2011-10-28🔓Charge satisfied #6
- 2011-10-28🔓Charge satisfied #5
- 2011-03-01🔒Charge registered #12Lender: National Westminster Bank PLC
- 2008-10-01🔓Charge satisfied #8
- 2008-10-01🔓Charge satisfied #3
- 2008-08-21🔒Charge registered #11Lender: Saday Limited
- 2008-04-03🔒Charge registered #10Lender: National Westminster Bank PLC
- 2008-03-07🔒Charge registered #9Lender: National Westminster Bank PLC
- 2007-10-16🔒Charge registered #8Lender: National Westminster Bank PLC
- 2007-09-12🔓Charge satisfied #4
- 2007-08-08🔒Charge registered #7Lender: National Westminster Bank PLC
- 2007-03-09🔒Charge registered #6Lender: Alan George Ingle
- 2007-03-09🔒Charge registered #5Lender: National Westminster Bank PLC
- 2006-12-01➕SLATER, Carol appointeddirector
- 2006-12-01➕SLATER, Mark Christopher appointeddirector
- 2004-04-13🔒Charge registered #4Lender: National Westminster Bank PLC
- 2003-06-17🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2003-06-14🔓Charge satisfied #2
- 2003-06-14🔓Charge satisfied #1
- 2001-12-28🔒Charge registered #2Lender: National Westminster Bank PLC
- 2001-11-19🔒Charge registered #1Lender: National Westminster Bank PLC
- 2001-10-10➕KARPINSKI, Jane Mavis appointedsecretary
- 2001-10-10➖MOLYNEUX, Sarah Mary resignedsecretary
- 2001-10-10➕KARPINSKI, Jane Mavis appointeddirector
- 2001-10-10➕KARPINSKI, Timothy Paul appointeddirector
- 2001-10-10➖MOLYNEUX, Stephen Peter resigneddirector
- 2000-02-23🏢Company incorporatedAs CONCEPT HOMES LIMITED
Showing most recent 50 of 56 events
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
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 74 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 26 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
2 med · 2 lowHas insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Timothy Paul Karpinski Individual · English · DOB 05/1952 · age 74 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · trust interest · firm interest | 11/02/2026 |
Mr Timothy Paul Karpinski Individual · English · DOB 05/1952 · age 74 | — | — | sig. influencesignificant influence · trust interest · firm interest | 01/09/2017 |
Mr Mark Christopher Slater Individual · British · DOB 12/1962 · age 64 | — | — | sig. influencesignificant influence | 01/12/2016 |
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 · Other · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COPELAND AUTOMOTIVE LIMITED→ 15555181 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CORGI COURIERS LTD→ 16467761 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COSAL LIMITED→ 13695688 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COSCIMA LTD.→ 11018157 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| COUNTRY ESTATES NEWCO LIMITED→ 06732566 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CRAFTED FLOORING LIMITED→ 11354664 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CRANLEYS LEGAL LIMITED→ 05990364 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CREATIVE DESIGN (ARCHITECTURAL) LIMITED→ 08462883 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CRONER HEALTHCARE MANAGEMENT LIMITED→ 03812540 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| CROWN OF LONDON LTD→ 09359923 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CRUSH & RE-CYCLE LTD→ 11755089 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CSI COMPUSERVE INTERACTIVE SERVICES UK→ LP005692 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2000-02-23
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Suite 38 & 39 Venture West Greenham Business Park
Thatcham
Berkshire
RG19 6HX
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (3 active · 8 resigned)
KARPINSKI, Timothy Paul→
Activedirector · ~74y · appointed 2017-01-06
View their other companies + combined net worth →
SLATER, Carol→
Activedirector · ~62y · appointed 2006-12-01
View their other companies + combined net worth →
SLATER, Mark Christopher→
Activedirector · ~64y · appointed 2006-12-01
View their other companies + combined net worth →
KARPINSKI, Jane Mavis→
Resignedsecretary · appointed 2001-10-10 · resigned 2016-09-01
MOLYNEUX, Sarah Mary→
Resignedsecretary · appointed 2000-02-23 · resigned 2001-10-10
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-02-23 · resigned 2000-02-23
KARPINSKI, Jane Mavis→
Resigneddirector · ~71y · appointed 2017-01-06 · resigned 2024-01-01
KARPINSKI, Jane Mavis→
Resigneddirector · ~71y · appointed 2001-10-10 · resigned 2016-09-01
KARPINSKI, Timothy Paul→
Resigneddirector · ~74y · appointed 2001-10-10 · resigned 2016-09-01
MOLYNEUX, Stephen Peter→
Resigneddirector · ~72y · appointed 2000-02-23 · resigned 2001-10-10
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2000-02-23 · resigned 2000-02-23
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
5
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 01/03/2011 | — | |
| outstanding | Saday Saday Limited | Mortgage | 1 property | 21/08/2008 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 03/04/2008 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 07/03/2008 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 16/10/2007 | 01/10/2008 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 08/08/2007 | — | |
| satisfied | Alan George Ingle | Legal charge | 1 property | 09/03/2007 | 28/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 09/03/2007 | 28/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 13/04/2004 | 12/09/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 17/06/2003 | 01/10/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 28/12/2001 | 14/06/2003 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/11/2001 | 14/06/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
change-sail-address-company-with-new-address
address · AD02
2026-01-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-18
change-person-director-company-with-change-date
officers · CH01
2025-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-18
change-person-director-company-with-change-date
officers · CH01
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
termination-director-company-with-name-termination-date
officers · TM01
2024-01-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-11