1018 DEVELOPMENTS LIMITED

💤Zombieactive
04561726 · ltd · incorporated 2002-10-14
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 Apr 2025
Net worth
£24.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
63 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £24,198

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£24k
Current Assets
£37k
Current Liabilities
—
£0£7k£15k£22k£30k£37kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£37.2k—
Current assets£37.2k—
Net assets£24.2k—
Average employees—200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 1 accounts
  • • 1 officers
  • • 1 capital
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-27
    ➖
    GORYS, Shelley Francis resigned
    director
  4. 2026-01-27
    📄
    capital-allotment-shares
    capital · SH01
  5. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-11-22
    🔓
    Charge satisfied #1
  11. 2020-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-01-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-01-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2006-10-03
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  19. 2002-10-14
    🏢
    Company incorporated
    As 1018 DEVELOPMENTS LIMITED
  20. 2002-10-14
    ➕
    GORYS, Stephen Alexander appointed
    secretary
  21. 2002-10-14
    ➕
    GORYS, Stephen Alexander appointed
    director
  22. 2002-10-14
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  23. 2002-10-14
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  24. 2002-10-14
    ➕
    GORYS, Shelley Francis appointed
    director

Owner dependency

100/100
Critical — business is the founder

The 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 24 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 candidate

Strong 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 24 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Stephen Alexander Gorys
Individual · English · DOB 06/1957 · age 69
25–50%
—25-50% shares28/06/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2002-10-14
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

13 Marion Road
Southsea
PO4 0QX
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (2 active · 2 resigned)

GORYS, Stephen Alexander→
secretary · appointed 2002-10-14
View their other companies + combined net worth →
Active
GORYS, Stephen Alexander→
director · ~69y · appointed 2002-10-14
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2002-10-14 · resigned 2002-10-14
Resigned
GORYS, Shelley Francis→
director · ~72y · appointed 2002-10-14 · resigned 2026-01-27
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge2 properties03/10/200622/11/2021

Recent filings (63 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-13
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
capital-allotment-shares
capital · SH01
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-19
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14