22ND CENTURY PROPERTY LIMITED
🌳Matureactive
04060002 · ltd · incorporated 2000-08-25
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 Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
14 live charges · 9 lenders · oldest 25.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 25.2 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 5 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
71
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-03-31 | 2024-03-31 |
|---|
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
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
- 2026-04-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-31➕LONERGAN, Thomas Christopher appointeddirector
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-09-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21🔒Charge registered #14Lender: Paragon Bank PLC
- 2024-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-23🔒Charge registered #13Lender: Paragon Bank PLC
- 2023-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-11🔓Charge satisfied #5
- 2022-11-07🔒Charge registered #12Lender: Paragon Bank PLC
- 2022-10-07🔒Charge registered #11Lender: Paragon Bank PLC
- 2022-01-26🔒Charge registered #10Lender: Paratus Amc Limited
- 2021-02-17🔓Charge satisfied #4
- 2021-02-17🔓Charge satisfied #2
- 2020-11-06🔒Charge registered #9Lender: The Mortgage Lender Limited
- 2019-06-21🔒Charge registered #8Lender: Lendinvest Btl Limited
- 2019-03-19➖LONERGAN, Thomas Christopher resigneddirector
- 2019-02-22🔓Charge satisfied #3
- 2019-02-22🔓Charge satisfied #1
- 2019-02-21🔒Charge registered #7Lender: Lendinvest Btl Limited
- 2018-09-12➕LONERGAN, Thomas Christopher appointeddirector
- 2018-08-31🔒Charge registered #6Lender: Onesavings Bank PLC
- 2018-06-15➖LONERGAN, Thomas Christopher resigneddirector
- 2018-06-05➕LONERGAN, Thomas Christopher appointeddirector
- 2018-05-31🔒Charge registered #5Lender: Landbay Partners Limited (Company Number: 8668507)
- 2017-10-01➖LONERGAN, Rosie Jane resignedsecretary
- 2016-05-27➕LONERGAN, Thomas Christopher appointeddirector
- 2016-05-27➖LONERGAN, Thomas Christopher resigneddirector
- 2015-10-22🔒Charge registered #4Lender: Barclays Bank PLC
- 2015-07-24🔒Charge registered #3Lender: Barclays Bank PLC
- 2014-01-15➕LONERGAN, Thomas Christopher appointedsecretary
- 2014-01-15➖LONERGAN, Christopher resignedsecretary
- 2014-01-15➕LONERGAN, Rosie Jane appointedsecretary
Showing most recent 50 of 61 events
Owner dependency
84/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — LONERGAN, Thomas Christopher (same surname) appointed 2026-03-31. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
1 med · 2 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 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.
Group structure
T & R Enterprises Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
T & R Enterprises Limited
Corporate parent · holds 75-100% shares · board control
⬇
22ND CENTURY PROPERTY LIMITED
This company · 04060002
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
T & R Enterprises Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Mr Christopher John Lonergan Individual · British · DOB 04/1965 · age 61 | — | — | sig. influencesignificant influence | 11/02/2021 |
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 · CM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 178 FAMBRIDGE LTD→ 16958221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 18 WINCHESTER AVENUE LIMITED→ 07187321 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 18-34 CONCORD COURT (FREEHOLD) LTD→ 08751313 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 19 HS EPSOM LIMITED→ 14992367 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1925 PROPERTIES LIMITED→ 13917283 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 1OAK LETTINGS LIMITED→ 14095334 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 20 GAINSBOROUGH MANAGEMENT LIMITED→ 15572606 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 20 WILTON STREET LIMITED→ 13526950 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 21 KENSINGTON CHURCH WALK MANAGEMENT COMPANY LIMITED→ 02666048 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| 21ST CENTURY LIVING LIMITED→ 07846858 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 234 JAMAICA ROAD LIMITED→ 10007816 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 26, 26A, 26B, 26C THIRD AVENUE MANAGEMENT COMPANY LTD→ 14248238 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2000-08-25
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
The Barn Salmonds Farm
Salmonds Grove
Brentwood
Essex
CM13 3RS
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (3 active · 8 resigned)
LONERGAN, Thomas Christopher→
Activesecretary · appointed 2014-01-15
View their other companies + combined net worth →
LONERGAN, Christopher John→
Activedirector · ~61y · appointed 2000-08-25
View their other companies + combined net worth →
LONERGAN, Thomas Christopher→
Activedirector · ~36y · appointed 2026-03-31
View their other companies + combined net worth →
ENVER GULU, Feriha→
Resignedsecretary · appointed 2000-08-25 · resigned 2003-10-02
LONERGAN, Christopher→
Resignedsecretary · appointed 2009-09-25 · resigned 2014-01-15
LONERGAN, Jane Josephine→
Resignedsecretary · appointed 2003-10-02 · resigned 2009-09-25
LONERGAN, Rosie Jane→
Resignedsecretary · appointed 2014-01-15 · resigned 2017-10-01
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-08-25 · resigned 2000-08-25
LONERGAN, Thomas Christopher→
Resigneddirector · ~36y · appointed 2018-09-12 · resigned 2019-03-19
LONERGAN, Thomas Christopher→
Resigneddirector · ~36y · appointed 2018-06-05 · resigned 2018-06-15
LONERGAN, Thomas Christopher→
Resigneddirector · ~36y · appointed 2016-05-27 · resigned 2016-05-27
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
9
Outstanding
5
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 21/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 23/02/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 07/11/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 07/10/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 26/01/2022 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 06/11/2020 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 21/06/2019 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 21/02/2019 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 31/08/2018 | — | |
| satisfied | Landbay Landbay Partners Limited (Company Number: 8668507) | A registered charge | 1 property | 31/05/2018 | 11/11/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 2 properties | 22/10/2015 | 17/02/2021 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 24/07/2015 | 22/02/2019 | |
| satisfied | Feriha Enver Aligulu | A registered charge | 1 property | 28/10/2013 | 17/02/2021 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 29/03/2001 | 22/02/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-02
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-20
change-person-secretary-company-with-change-date
officers · CH03
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
change-person-director-company-with-change-date
officers · CH01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-20