SEVERNSIDE HOUSING

⚰️Wound downconverted-closed

04025816 · converted-or-closed · incorporated 2000-06-28

Investment thesis

Company converted closed — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

57/100

Worth a look

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What this business does

Primary activity: Renting and operating of Housing Association real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

12 live charges · 8 lenders · oldest 24.6y

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

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

12 charges (12/12 with lender, 12/12 with type)

Directors & officers

78 officers (9 active, 78 linked, 68 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

235 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

57/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (184 events)Click to expand

2019-04-04
📄
miscellaneous
miscellaneous · MISC
2019-04-04
📄
resolution
resolution · RESOLUTIONS
2019-04-04
🏁
Company dissolved
2018-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-11-01
➕
HAYNES, Lionel appointed
director
2018-10-08
📄
accounts-with-accounts-type-full
accounts · AA
2018-07-23
📄
change-person-director-company-with-change-date
officers · CH01
2018-04-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-04-13
🔒
Charge registered #12
Lender: Clydesdale Bank PLC
2018-01-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-01-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-01-01
➕
PHILLIPS, Peter Sean appointed
director
2018-01-01
➖
SMITH, Paul James resigned
director
2017-12-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-12-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-12-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-12-07
➕
JENNINGS, Steven Edward appointed
director
2017-12-07
➖
LANNING, Alyson Catherine Louise resigned
director
2017-11-01
➕
DASS, Catherine Sushma appointed
director
2017-10-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-10-13
📄
accounts-with-accounts-type-full
accounts · AA
2017-07-19
📄
change-person-director-company-with-change-date
officers · CH01
2017-07-19
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2016-12-13
📄
accounts-with-accounts-type-group
accounts · AA
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-12-01
➕
INGLE, Philip Jon Burton appointed
director
2016-12-01
➖
BODEN, Sarah Louise resigned
director
2016-12-01
➖
EVANS, Gareth Emlyn resigned
director
2016-12-01
➖
GANDERTON, Susan Elaine resigned
director
2016-12-01
➖
PRICE, Peter David resigned
director
2016-12-01
➖
WILLIAMS, Paul Victor resigned
director
2016-10-01
➕
PATE, Tony appointed
director
2016-09-30
➖
PARKES, Andrew Jonathan resigned
director
2016-08-03
🔒
Charge registered #11
Lender: Shropshire Council
2014-06-20
🔒
Charge registered #10
Lender: Shrophire Council
2014-06-20
🔒
Charge registered #9
Lender: Shrophire Council
2013-12-02
➕
EVANS, Gareth Emlyn appointed
director
2013-12-02
➖
JAMES, Matthew Conrad resigned
director
2013-12-02
➕
PRICE, Peter David appointed
director
2013-09-10
➖
PRITCHARD, Robin James resigned
director
2013-01-07
➕
SMITH, Paul James appointed
director
2013-01-07
➕
WILLIAMS, Paul Victor appointed
director
2012-10-23
➖
BARKER, Timothy Guy resigned
director
2012-09-04
➖
PROCTOR, Benjamin Thomas Preston resigned
director

Showing most recent 50 of 184 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

78/100

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 84 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 16 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.

Red flags

1 high · 1 low

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2019-12-31

12 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

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102 EASTHAM RAKE MANAGEMENT COMPANY LIMITED→ 09201929 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
123 WEST PROPERTY GROUP LTD→ 14134198 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
13-15 HIGH STREET EPSOM MANAGEMENT LIMITED→ 09908268 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
143 PROPERTY LTD→ 12431318 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
148 FLEET STREET LIMITED→ 04040880 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
1505 LIMITED→ 16257785 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
19 THORNHILL ROAD RTM COMPANY LIMITED→ 10054039 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
1HILLSIDE SPV LIMITED→ 15423595 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
2 ST STEPHEN'S CRESCENT MANAGEMENT LIMITED→ 02906376 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
20 HIGH STREET BROMYARD LTD→ 11856546 · est 2019 · no financials extracted	—	—	—	—	7y	—	—

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

🔒Tailored diligence questions

10 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.

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Company details

Statusconverted-closed

Typeconverted-or-closed

Incorporated2000-06-28

Jurisdictionengland-wales

Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Brassey Road

Old Potts Way

Shrewsbury

Shropshire

SY3 7FA

Filing status

Accounts

Next due: 2019-12-31OVERDUE

Last made up to: 2018-03-31

Confirmation statement

Next due: —

Last: —