108 PROPERTIES LIMITED
🌳Matureactive
04739174 · ltd · incorporated 2003-04-18
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 Apr 2025
Net worth
£8.94M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueProperty-backed borrower with a 63-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
16 live charges · 6 lenders · oldest 4.2y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
92 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 · FRS 102Positive net assets
Net assets £8,943,488
Net assets shrinking
Down £276,409 YoY
Cash YoY
+59%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£748k
↑ 59% YoY
Net Worth
£8.9m
↓ 3.0% YoY
Current Assets
£2.2m
↑ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £19.79M | £19.45M |
| Current assets | £2.21M | £1.79M |
| Cash | £747.9k | £471.1k |
| Debtors | £1.46M | £1.32M |
| Net assets | £8.94M | £9.22M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-03🔒Charge registered #16Lender: Fleet Mortgages Limited
- 2026-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-26🔒Charge registered #15Lender: Aldermore Bank PLC
- 2025-09-26🔒Charge registered #14Lender: Aldermore Bank PLC
- 2025-08-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-08-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-11🔒Charge registered #13Lender: Interbay Funding, LTD.
- 2025-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16🔒Charge registered #12Lender: Birmingham Bank Limited
- 2024-07-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-30🔒Charge registered #11Lender: Aldermore Bank PLC
- 2023-01-30🔒Charge registered #10Lender: Aldermore Bank PLC
- 2022-12-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-07🔓Charge satisfied #9
- 2022-12-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-29🔒Charge registered #9Lender: Aldermore Bank PLC
- 2022-11-29🔒Charge registered #8Lender: Aldermore Bank PLC
- 2022-07-05🔒Charge registered #7Lender: State Bank of India (UK) Limited
- 2022-07-05🔒Charge registered #6Lender: State Bank of India (UK) Limited
- 2022-07-05🔒Charge registered #5Lender: State Bank of India (UK) Limited
- 2022-07-05🔒Charge registered #4Lender: State Bank of India (UK) Limited
- 2022-07-05🔒Charge registered #3Lender: State Bank of India (UK) Limited
- 2022-07-05🔒Charge registered #2Lender: State Bank of India (UK) Limited
- 2022-03-17🔒Charge registered #1Lender: Paragon Bank PLC
- 2003-04-18🏢Company incorporatedAs 108 PROPERTIES LIMITED
- 2003-04-18➕PATEL, Rebecca Jane appointedsecretary
- 2003-04-18➕PATEL, Niketan appointeddirector
- 2003-04-18➕PATEL, Rebecca Jane appointeddirector
- 2003-04-18➕GRANT SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-04-18➖GRANT SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-04-18➕GRANT DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-04-18➖GRANT DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
84/100
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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
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 63. Approaching typical UK retirement age — succession thinking likely.
- 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
1 med · 1 low4 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-02-03: A registered charge; 2025-09-26: A registered charge; 2025-09-26: A registered charge
15 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
108 Capital Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
108 Capital Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
108 PROPERTIES LIMITED
This company · 04739174
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
108 Capital Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/06/2024 |
Mrs Rebecca Jane Patel Individual · British · DOB 01/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/11/2022 |
1 historic (ceased) PSC
- Mr Niketan Patelceased 12/08/2025· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Property · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 08000 HEALTH LIMITED→ 06616307 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 1 REGENCY LTD→ 15263913 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 10.8 PROPERTY'S LTD→ 10609655 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 112 AND 126 STREATHAM HILL FLATS LIMITED→ 02788327 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| 116 PROPERTY LIMITED→ 11876764 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 124 PACKINGTON STREET LIMITED→ 07508811 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 125 PROPERTY INVESTMENTS LTD→ 15058612 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 13 BIRCHANGER ROAD RESIDENTS MANAGEMENT COMPANY LIMITED→ 15528717 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 13 GAUTREY ROAD (LONDON) LIMITED→ 06472367 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 14 LYSANDER GARDENS LIMITED→ 15504290 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 161 SUMATRA ROAD LIMITED→ 09505980 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 16A PARK ROAD LTD→ 09061935 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2003-04-18
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
1 London Road
Ipswich
Suffolk
IP1 2HA
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (3 active · 2 resigned)
PATEL, Rebecca Jane→
Activesecretary · appointed 2003-04-18
View their other companies + combined net worth →
PATEL, Niketan→
Activedirector · ~63y · appointed 2003-04-18
View their other companies + combined net worth →
PATEL, Rebecca Jane→
Activedirector · ~60y · appointed 2003-04-18
View their other companies + combined net worth →
GRANT SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-04-18 · resigned 2003-04-18
GRANT DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-04-18 · resigned 2003-04-18
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
15
Outstanding
6
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 03/02/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 26/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 26/09/2025 | — | |
| outstanding | InterBay Interbay Funding, LTD. | A registered charge | 1 property | 11/08/2025 | — | |
| outstanding | Birmingham Bank Birmingham Bank Limited | A registered charge | 1 property | 16/01/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 3 properties | 30/01/2023 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 30/01/2023 | — | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 7 properties | 29/11/2022 | 07/12/2022 | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 7 properties | 29/11/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 6 properties | 05/07/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/07/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/07/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/07/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/07/2022 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 17/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (92 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25