ARGYLE SQUARE PROPERTIES LIMITED
⚰️Wound downreceivership
04893340 · ltd · incorporated 2003-09-09
Investment thesis
Company receivership — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-1.73M
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (85/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
26 live charges · 7 lenders · oldest 22.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 70/100 (specialist).
Data confidence
Overall: high (83/100)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
26 charges (26/26 with lender, 26/26 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
123 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,729,645
Cash YoY
+5575%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
↑ 5575% YoY
Net Worth
-£1.7m
↓ 26% YoY
Current Assets
£18k
↓ 47% 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 | £-865.8k | £-495.9k |
| Current assets | £17.8k | £33.4k |
| Cash | £12.9k | £227 |
| Debtors | £4.9k | £33.2k |
| Net assets | £-1.73M | £-1.37M |
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
0
filings
Last 180 days
3
filings
- • 1 insolvency
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (78 events)Click to expand
- 2026-04-11⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-25📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-12-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-03🔓Charge satisfied #23
- 2025-11-04⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-11-04⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-11-04⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-11-04⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-11-04⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-08-29➖LIVING, Bernard Courtney resigneddirector
- 2025-08-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-29🔓Charge satisfied #25
- 2025-07-29🔓Charge satisfied #24
- 2025-07-29🔓Charge satisfied #22
- 2025-07-29🔓Charge satisfied #21
- 2025-07-29🔓Charge satisfied #20
- 2025-07-29🔓Charge satisfied #19
- 2025-07-29🔓Charge satisfied #16
- 2025-07-29🔓Charge satisfied #15
- 2025-07-29🔓Charge satisfied #14
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-10🔒Charge registered #26Lender: Keystone Property Finance Limited
- 2009-01-14🔒Charge registered #25Lender: West Register (Investments) Limited
- 2009-01-14🔒Charge registered #24Lender: West Register (Investments) Limited
- 2008-10-17🔒Charge registered #23Lender: Royal Bank of Scotland PLC
- 2008-02-27🔒Charge registered #22Lender: Capital Home Loans Limited
- 2008-02-27🔒Charge registered #21Lender: Capital Home Loans Limited
- 2008-02-27🔒Charge registered #20Lender: Capital Home Loans Limited
- 2008-02-27🔒Charge registered #19Lender: Capital Home Loans Limited
- 2007-12-13🔒Charge registered #18Lender: Northern Rock PLC
- 2006-04-03🔒Charge registered #17Lender: Northern Rock PLC
- 2006-03-30🔒Charge registered #16Lender: The Royal Bank of Scotland PLC
- 2006-03-30🔒Charge registered #15Lender: The Royal Bank of Scotland PLC
- 2006-02-10🔒Charge registered #14Lender: Northern Rock PLC
- 2005-11-10🔓Charge satisfied #11
- 2005-11-10🔓Charge satisfied #10
- 2005-11-10🔓Charge satisfied #9
- 2005-11-10🔓Charge satisfied #8
Showing most recent 50 of 78 events
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 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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
2 high · 1 med ·Company status: receivership
highCompany is in a formal insolvency or administration process. Treat accordingly.
6 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-04-11: liquidation-receiver-appointment-of-receiver; 2025-11-04: liquidation-receiver-appointment-of-receiver
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Shirley Kathleen Living Individual · British · DOB 12/1936 · age 90 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Joanna Kirsty Living Individual · British · DOB 10/1968 · age 58 | — | — | board controlboard control | 06/04/2016 |
Jason Bernard Living Individual · English · DOB 03/1966 · age 60 | — | — | board controlboard control | 06/04/2016 |
Mr Bernard Courtney Living Individual · British · DOB 12/1936 · age 90 | — | — | board controlboard control | 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
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|---|---|---|---|---|---|---|---|
| A TOWARD PROPERTIES LIMITED→ 05400008 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| A.R.B ESTATES LTD→ 13256144 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AK NORTH EAST PROPERTY SPECIALIST LIMITED→ 13136895 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL IN ONE BUSINESS CENTRE LIMITED→ 15869091 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALPHA CENTAURI GROUP LIMITED→ 10254024 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANDMUR CONSTRUCTION LTD→ 12454711 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANDY BELL PROPERTIES LIMITED→ 11341214 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AOOS HOLDINGS LTD→ 13585676 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARJW PROPERTIES LTD→ 12147712 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARLINGTON (WEST HARTFORD) LIMITED→ 09026677 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ARLINGTON HOLDING GROUP LTD→ 10795473 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARLINGTON HOMES LTD→ 12101216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Statusreceivership
Typeltd
Incorporated2003-09-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
The Barn Cobshaw Farm
Langthorne
Bedale
DL8 1PJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (3 active · 2 resigned)
LIVING, Jason Bernard→
Activesecretary · appointed 2003-09-09
View their other companies + combined net worth →
LIVING, Jason Bernard→
Activedirector · ~60y · appointed 2003-09-09
View their other companies + combined net worth →
LIVING, Joanna Kirsty→
Activedirector · ~58y · appointed 2005-03-01
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-09-09 · resigned 2003-09-09
LIVING, Bernard Courtney→
Resigneddirector · ~90y · appointed 2003-09-09 · resigned 2025-08-29
Click a director name to see their full track record across all companies.
Mortgages & charges
26
Total charges
4
Outstanding
2
Active lenders
Status:Lender:26 of 26 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 10/03/2023 | — | |
| satisfied | West Register (Investments) West Register (Investments) Limited | Legal charge | 1 property | 14/01/2009 | 29/07/2025 | |
| satisfied | West Register (Investments) West Register (Investments) Limited | Legal charge | 1 property | 14/01/2009 | 29/07/2025 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 17/10/2008 | 03/12/2025 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 27/02/2008 | 29/07/2025 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 27/02/2008 | 29/07/2025 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 27/02/2008 | 29/07/2025 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 27/02/2008 | 29/07/2025 | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 3 properties | 13/12/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 03/04/2006 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 30/03/2006 | 29/07/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 30/03/2006 | 29/07/2025 | |
| satisfied | Northern Rock Northern Rock PLC | Charge deed | 1 property | 10/02/2006 | 29/07/2025 | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 12/08/2005 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 06/04/2005 | 09/08/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 15/03/2005 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 08/12/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 29/11/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/05/2004 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 08/12/2003 | 10/11/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 31/10/2003 | 02/08/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (123 total)
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2026-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-03
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2025-11-04
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2025-11-04
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2025-11-04
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2025-11-04
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
termination-director-company-with-name-termination-date
officers · TM01
2025-08-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-29