H 22 LIMITED
💤Zombieactive
04250704 · ltd · incorporated 2001-07-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£7.57M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 69-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
14 live charges · 7 lenders · oldest 23.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
89 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
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 £7,569,687
Cash YoY
+211%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3.8m
↑ 211% YoY
Net Worth
£7.6m
↑ 52% YoY
Current Assets
£15m
↑ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £7.57M | £8.58M |
| Current assets | £14.57M | £11.48M |
| Cash | £3.75M | £1.20M |
| Debtors | £4.65M | £3.59M |
| Net assets | £7.57M | £4.99M |
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 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-07-19➖HARDAKER, Karen Elizabeth resignedsecretary
- 2024-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-26🔒Charge registered #14Lender: Santander UK PLC
- 2021-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-03📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-30🔒Charge registered #13Lender: Santander UK PLC
- 2019-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-03🔒Charge registered #12Lender: Santander UK PLC
- 2015-04-24🔒Charge registered #11Lender: Santander UK PLC (As Security Trustee)
- 2014-10-23🔓Charge satisfied #8
- 2014-10-23🔓Charge satisfied #4
- 2014-10-09🔓Charge satisfied #7
- 2014-10-09🔓Charge satisfied #6
- 2014-10-09🔓Charge satisfied #5
- 2014-10-09🔓Charge satisfied #3
- 2014-10-09🔓Charge satisfied #2
- 2014-09-30🔒Charge registered #10Lender: Santander UK PLC
- 2013-03-22➕HARDAKER, Karen Elizabeth appointedsecretary
- 2010-08-09🔒Charge registered #9Lender: Santander UK PLC
- 2009-12-11🔒Charge registered #8Lender: Arbil Limited
- 2009-07-31➕HARDAKER, David Anthony appointedsecretary
- 2009-07-31➖SEEBERG, Karen Elizabeth resignedsecretary
- 2008-02-27🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2008-02-06🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2005-10-18🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 2004-05-25🔓Charge satisfied #1
- 2004-03-19🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2004-02-24🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2004-02-24🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2003-06-27🔒Charge registered #1Lender: Surrey Heath Housing Association Limited
- 2001-07-12🏢Company incorporatedAs H 22 LIMITED
- 2001-07-12➕HARDAKER, David Anthony appointeddirector
- 2001-07-12➕SEEBERG, Karen Elizabeth appointedsecretary
- 2001-07-12➕EAC (SECRETARIES) LIMITED appointedcorporate-nominee-secretary
- 2001-07-12➖EAC (SECRETARIES) LIMITED resignedcorporate-nominee-secretary
- 2001-07-12➕EAC (DIRECTORS) LIMITED appointedcorporate-nominee-director
- 2001-07-12➖EAC (DIRECTORS) LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Anthony Hardaker Individual · British · DOB 05/1957 · age 69 | 75–100% | — | 75-100% shares | 01/06/2016 |
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 · SL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & I PROPERTY INVESTMENTS (SLOUGH) LIMITED→ 15064350 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A&G REAL ESTATE GROUP LTD→ 15121024 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A&JB PROPERTIES LTD→ 12007153 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABI PROPERTY SOLUTIONS LTD→ 16498814 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABJP PROPERTIES LIMITED→ 16684821 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACQUIRE PROPERTY PARTNERS LTD.→ 16514119 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADDISON RD RL LTD→ 15351837 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADDISON ROSE PROPERTIES LIMITED→ 12791753 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADELPHI PROPERTIES LTD→ 12282186 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADOS INVESTMENTS LTD→ 14864817 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADROK PROPERTIES LIMITED→ 10034763 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANTAGE K PROPERTIES LTD→ 11384836 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2001-07-12
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Nutfield
Wells Lane
Ascot
Berkshire
SL5 7DY
United Kingdom
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-05-27
Last: 2026-05-13
Officers (2 active · 4 resigned)
HARDAKER, David Anthony→
Activesecretary · appointed 2009-07-31
View their other companies + combined net worth →
HARDAKER, David Anthony→
Activedirector · ~69y · appointed 2001-07-12
View their other companies + combined net worth →
HARDAKER, Karen Elizabeth→
Resignedsecretary · appointed 2013-03-22 · resigned 2024-07-19
SEEBERG, Karen Elizabeth→
Resignedsecretary · appointed 2001-07-12 · resigned 2009-07-31
EAC (SECRETARIES) LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-07-12 · resigned 2001-07-12
EAC (DIRECTORS) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-07-12 · resigned 2001-07-12
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
6
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 26/11/2021 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 2 properties | 30/09/2019 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 2 properties | 03/11/2016 | — | |
| outstanding | Santander Santander UK PLC (As Security Trustee) | A registered charge | 2 properties | 24/04/2015 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 30/09/2014 | — | |
| outstanding | Santander Santander UK PLC | Legal charge | 1 property | 09/08/2010 | — | |
| satisfied | Arbil Arbil Limited | Legal mortgage | 1 property | 11/12/2009 | 23/10/2014 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 27/02/2008 | 09/10/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 06/02/2008 | 09/10/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 18/10/2005 | 09/10/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 19/03/2004 | 23/10/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/02/2004 | 09/10/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/02/2004 | 09/10/2014 | |
| satisfied | Surrey Heath Housing Association Surrey Heath Housing Association Limited | An agreement | 1 property | 27/06/2003 | 25/05/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (89 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-30
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-19
change-person-director-company-with-change-date
officers · CH01
2021-02-03