ANNAPOLIS PROPERTIES LTD.
🌳Matureactive
04653958 · ltd · incorporated 2003-01-31
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£270.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 81-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 23.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 23.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 7 with DOB)
86
Ownership & PSC
5 active PSC(s) of 7 total, 7 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
81 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 declaredPositive net assets
Net assets £270,111
Net assets shrinking
Down £3,744 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£270k
↓ 1.4% YoY
Current Assets
£345k
↑ 12181% YoY
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 |
|---|---|---|
| Total assets | £337.1k | £341.8k |
| Current assets | £345.3k | £2.8k |
| Net assets | £270.1k | £273.9k |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-20🔓Charge satisfied #1
- 2023-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-01-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-01-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-07-23➖SUTTON, Terence Richard resigneddirector
- 2019-07-23➖SUTTON, Wilma Margaret resigneddirector
- 2003-04-01🔒Charge registered #1Lender: National Westminster Bank PLC
- 2003-03-31➕PAYNE, Maureen Rose appointeddirector
- 2003-02-14➖PAYNE, Richard Norman resigneddirector
- 2003-02-14➖TAYLOR, Lee resigneddirector
- 2003-02-12➕PAYNE, Maureen Rose appointedsecretary
- 2003-02-12➕PAYNE, Michael Richard appointeddirector
- 2003-02-12➕PAYNE, Richard Norman appointeddirector
- 2003-02-12➕SUTTON, Terence Richard appointeddirector
- 2003-02-12➕SUTTON, Wilma Margaret appointeddirector
- 2003-02-12➕TAYLOR, Lee appointeddirector
- 2003-02-05➖FOREMOST FORMATIONS COMPANY SERVICES LTD resignedcorporate-secretary
- 2003-02-05➖BLACK, David resignednominee-director
- 2003-01-31🏢Company incorporatedAs ANNAPOLIS PROPERTIES LTD.
- 2003-01-31➕FOREMOST FORMATIONS COMPANY SERVICES LTD appointedcorporate-secretary
- 2003-01-31➕BLACK, David appointednominee-director
Owner dependency
91/100
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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
5 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Richard Payne Individual · British · DOB 09/1946 · age 80 | 25–50% | — | 25-50% shares | 23/07/2019 |
Mrs Maureen Rose Payne Individual · British · DOB 10/1945 · age 81 | 25–50% | — | 25-50% shares | 23/07/2019 |
Mr Richard Norman Payne Individual · British · DOB 09/1968 · age 58 | — | — | sig. influencesignificant influence | 19/01/2022 |
Mrs Helen Louise Payne Individual · British · DOB 05/1969 · age 57 | — | — | sig. influencesignificant influence | 19/01/2022 |
Ms Sarah Kelly Payne Individual · British · DOB 01/1971 · age 55 | — | — | sig. influencesignificant influence | 19/01/2022 |
2 historic (ceased) PSCs
- Mr Terence Richard Suttonceased 23/07/2019· 25-50% shares · firm interest
- Mrs Wilma Margaret Suttonceased 23/07/2019· 25-50% shares · firm interest
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 |
|---|---|---|---|---|---|---|---|
| ALBION BUSINESS SERVICES SUFFOLK LTD→ 11165241 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALSTRAB PROPERTIES LTD→ 13039266 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMAPOLA HOMES LIMITED→ 11728483 · est 2018 | — | — | — | 0 | 7y | — | — |
| AMSK INVESTMENTS LTD→ 12793133 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AN-JHL COMPANY LTD→ 13328732 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANGLIA LANDSCAPES RENTAL LTD→ 12743764 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANGLO INVESTMENTS IPS LIMITED→ 04163123 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ANJANEYA PROPERTIES LTD→ 13798431 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANNAPURNA ESTATES LTD→ 15313167 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANNE - MARIE RESIDENTS LTD→ 12738403 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANTHORIA HOMES LIMITED→ 15544146 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ANTONINA FARMER LTD→ 15472112 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2003-01-31
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
38 Mayfly Way
Ardleigh
Colchester
Essex
CO7 7WX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-02
Last: 2026-01-19
Officers (3 active · 6 resigned)
PAYNE, Maureen Rose→
Activesecretary · appointed 2003-02-12
View their other companies + combined net worth →
PAYNE, Maureen Rose→
Activedirector · ~81y · appointed 2003-03-31
View their other companies + combined net worth →
PAYNE, Michael Richard→
Activedirector · ~80y · appointed 2003-02-12
View their other companies + combined net worth →
FOREMOST FORMATIONS COMPANY SERVICES LTD→
Resignedcorporate-secretary · appointed 2003-01-31 · resigned 2003-02-05
BLACK, David→
Resignednominee-director · ~69y · appointed 2003-01-31 · resigned 2003-02-05
PAYNE, Richard Norman→
Resigneddirector · ~58y · appointed 2003-02-12 · resigned 2003-02-14
SUTTON, Terence Richard→
Resigneddirector · ~80y · appointed 2003-02-12 · resigned 2019-07-23
SUTTON, Wilma Margaret→
Resigneddirector · ~76y · appointed 2003-02-12 · resigned 2019-07-23
TAYLOR, Lee→
Resigneddirector · ~53y · appointed 2003-02-12 · resigned 2003-02-14
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 01/04/2003 | 20/02/2024 |
Recent filings (81 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-19