98 NEW STREET MANAGEMENT COMPANY LIMITED

🌳Matureactive

04498702 · ltd · incorporated 2002-07-30

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

—

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Management of real estate on a fee or contract basis

Sector: Real estate

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (4 active, 10 linked, 8 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

6 connected companies via shared directors

Filing history

68 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-07-31	2024-07-31
Average employees	3	300

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-12
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-12
➕
SACKEY, Eldon Warbeck appointed
director
2020-02-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2014-10-31
➕
THOROGOOD, Teresa Elizabeth appointed
director
2014-10-31
➖
JASPER, Gillian resigned
director
2014-03-22
➖
LEIGH, Elizabeth Mary resigned
director
2013-10-10
➕
LEIGH, Elizabeth Mary appointed
director
2013-04-18
➖
JENKINSON, John Edward resigned
director
2007-02-19
➕
JENKINSON, John Edward appointed
director
2007-02-19
➖
PATEL, Hamesh resigned
director
2005-08-10
➕
WINTER, Paul appointed
secretary
2005-08-10
➕
WINTER, Paul appointed
director
2005-08-10
➖
AMERIO, Lisa resigned
secretary
2005-08-10
➖
CATLING, Stephen Charles resigned
director
2005-08-10
➕
JASPER, Gillian appointed
director
2005-08-10
➕
PATEL, Hamesh appointed
director
2002-07-30
🏢
Company incorporated
As 98 NEW STREET MANAGEMENT COMPANY LIMITED
2002-07-30
➕
AMERIO, Lisa appointed
secretary
2002-07-30
➕
CATLING, Stephen Charles appointed
director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

90/100

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 72 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Eldon Warbeck Sackey Individual · British · DOB 11/1977 · age 49	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Paul Winter Individual · British · DOB 01/1968 · age 58	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Teresa Elizabeth Thorogood Individual · British · DOB 01/1954 · age 72	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr John Philip Thorogood Individual · British · DOB 12/1949 · age 77	25–50%	25–50%	25-50% shares · 25-50% voting	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 · CO postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
11 & 11A MERSEA ROAD MANAGEMENT CO. LTD→ 12792131 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
137 TRINITY ROAD MANAGEMENT COMPANY LIMITED→ 04981510 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
1899 HARTLEPOOL LIMITED→ 15871885 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
24 HIGH STREET CO9 LIMITED→ 16947681 · est 2026 · no financials extracted	—	—	—	—	—	—	—
28BOND LTD→ 12762100 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
31 LEXDEN ROAD MANAGEMENT COMPANY LIMITED→ 02919708 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
4 BUNNIES LTD→ 16490983 · est 2025 · no financials extracted	—	—	—	—	—	—	—
609B KINGSWAY SQUARE LTD→ 15483583 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
A & B GLASS PROPERTIES LIMITED→ 05151205 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
A1 YARD RENT LTD→ 11593918 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AAA PLUS PROPERTIES LTD→ 16439632 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AAREM COMMERCIAL LTD→ 13500993 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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

Incorporated2002-07-30

Jurisdictionengland-wales

Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-08-14

Last: 2025-07-31

Officers (4 active · 6 resigned)

WINTER, Paul→

secretary · appointed 2005-08-10

View their other companies + combined net worth →

Active

SACKEY, Eldon Warbeck→

director · ~49y · appointed 2020-02-12

View their other companies + combined net worth →

Active

THOROGOOD, Teresa Elizabeth→

director · ~72y · appointed 2014-10-31

View their other companies + combined net worth →

Active

WINTER, Paul→

director · ~58y · appointed 2005-08-10

View their other companies + combined net worth →

Active

AMERIO, Lisa→

secretary · appointed 2002-07-30 · resigned 2005-08-10

Resigned

CATLING, Stephen Charles→

director · ~75y · appointed 2002-07-30 · resigned 2005-08-10

Resigned

JASPER, Gillian→

director · ~66y · appointed 2005-08-10 · resigned 2014-10-31

Resigned

JENKINSON, John Edward→

director · ~49y · appointed 2007-02-19 · resigned 2013-04-18

Resigned

LEIGH, Elizabeth Mary→

director · ~44y · appointed 2013-10-10 · resigned 2014-03-22

Resigned

PATEL, Hamesh→

director · ~53y · appointed 2005-08-10 · resigned 2007-02-19

Resigned

Click a director name to see their full track record across all companies.

Recent filings (68 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-16

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-08-12

change-person-director-company-with-change-date

officers · CH01

2025-08-12

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-08-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-06-10

accounts-with-accounts-type-micro-entity

accounts · AA

2025-05-28

confirmation-statement-with-updates

confirmation-statement · CS01

2024-08-01

accounts-with-accounts-type-micro-entity

accounts · AA

2024-04-16

confirmation-statement-with-updates

confirmation-statement · CS01

2023-09-27

accounts-with-accounts-type-micro-entity

accounts · AA

2023-03-28

confirmation-statement-with-updates

confirmation-statement · CS01

2022-08-10

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-06

confirmation-statement-with-updates

confirmation-statement · CS01

2021-08-04

accounts-with-accounts-type-micro-entity

accounts · AA

2020-11-30