AJK PROPERTIES LIMITED
🌳Matureactive
04114191 · ltd · incorporated 2000-11-24
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 Nov 2024
Net worth
£46.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 57). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 23.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
72 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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
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 £46,948
Net assets shrinking
Down £5,656 YoY
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 62% YoY
Net Worth
£47k
↓ 11% YoY
Current Assets
£2k
↓ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £102.8k | £108.5k |
| Current assets | £2.2k | £5.5k |
| Cash | £2.1k | £5.4k |
| Debtors | £80 | £97 |
| Net assets | £46.9k | £52.6k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-08-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-01➕SMITH, Gillian Ann appointeddirector
- 2020-08-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-04-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-09-20🔓Charge satisfied #2
- 2018-08-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-20📄resolutionresolution · RESOLUTIONS
- 2017-08-04📄capital-allotment-sharescapital · SH01
- 2017-08-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-06-05🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2006-01-17🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2005-08-24🔓Charge satisfied #1
- 2002-08-06🔒Charge registered #1Lender: Hsbc Bank PLC
- 2000-11-24🏢Company incorporatedAs AJK PROPERTIES LIMITED
- 2000-11-24➕SMITH, Gillian Ann appointedsecretary
- 2000-11-24➕SMITH, Andrew Robert appointeddirector
- 2000-11-24➕JL NOMINEES TWO LIMITED appointedcorporate-nominee-secretary
- 2000-11-24➖JL NOMINEES TWO LIMITED resignedcorporate-nominee-secretary
- 2000-11-24➕JL NOMINEES ONE LIMITED appointedcorporate-nominee-director
- 2000-11-24➖JL NOMINEES ONE LIMITED resignedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Gillian Ann Smith Individual · British · DOB 07/1975 · age 51 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Andrew Robert Smith Individual · British · DOB 12/1969 · age 57 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A LAING DEVELOPMENTS LTD→ 15982718 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.J.NAZAR & SONS LIMITED→ 14596624 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A.J.O HOLDINGS (N.E) LTD→ 16959393 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AETERNA PROPERTY LTD→ 15627218 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGOSTINA LIMITED→ 15348243 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AHRL NE SERVICES LTD→ 13797029 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AIG (KH) LTD→ 14772222 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AIG PROPERTY HOLDINGS LTD→ 14721214 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AJ PEARSON PROPERTY DEVELOPMENT LTD→ 16419346 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJ PROPERTIES (NORTH EAST) LIMITED→ 10614554 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AJN PROPERTIES(NEWCASTLE) LIMITED→ 16263872 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AJOHO INVESTMENTS LIMITED→ 15741693 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2000-11-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Verdemar House
230 Park View
Whitley Bay
Tyne & Wear
NE26 3QR
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (3 active · 2 resigned)
SMITH, Gillian Ann→
Activesecretary · appointed 2000-11-24
View their other companies + combined net worth →
SMITH, Andrew Robert→
Activedirector · ~57y · appointed 2000-11-24
View their other companies + combined net worth →
SMITH, Gillian Ann→
Activedirector · ~51y · appointed 2021-04-01
View their other companies + combined net worth →
JL NOMINEES TWO LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-11-24 · resigned 2000-11-24
JL NOMINEES ONE LIMITED→
Resignedcorporate-nominee-director · appointed 2000-11-24 · resigned 2000-11-24
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 05/06/2009 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | A standard security which was presented for registration in scotland on 1 february 2006 and | 1 property | 17/01/2006 | 20/09/2018 | |
| satisfied | HSBC Hsbc Bank PLC | A standard security which was presented for registration in scotland on 14 august 2002 and | 1 property | 06/08/2002 | 24/08/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
appoint-person-director-company-with-name-date
officers · AP01
2021-12-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-04-12