CITY RED (HOLDINGS) LIMITED

💤Zombieactive
04995152 · ltd · incorporated 2003-12-15
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 Jun 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: portfolio break-up (40/100).

🏦

Refinance opportunity

49 live charges · 10 lenders · oldest 21.3y

15/100
under pressure

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

  • · Oldest live charge is 21.3 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
49 charges (49/49 with lender, 49/49 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 2 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
177 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-30
Average employees0

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
0
filings
Counts from Companies House filing history.
Corporate timeline (139 events)Click to expand
  1. 2025-10-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-10-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-10-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-10-08
    🔓
    Charge satisfied #49
  5. 2025-10-08
    🔓
    Charge satisfied #47
  6. 2025-10-08
    🔓
    Charge satisfied #34
  7. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2024-12-03
    🔒
    Charge registered #50
    Lender: Aldermore Bank PLC
  23. 2024-12-03
    🔓
    Charge satisfied #48
  24. 2024-12-03
    🔓
    Charge satisfied #46
  25. 2024-12-03
    🔓
    Charge satisfied #45
  26. 2024-12-03
    🔓
    Charge satisfied #44
  27. 2024-12-03
    🔓
    Charge satisfied #43
  28. 2024-12-03
    🔓
    Charge satisfied #42
  29. 2024-12-03
    🔓
    Charge satisfied #41
  30. 2024-12-03
    🔓
    Charge satisfied #40
  31. 2024-12-03
    🔓
    Charge satisfied #39
  32. 2024-12-03
    🔓
    Charge satisfied #38
  33. 2024-12-03
    🔓
    Charge satisfied #37
  34. 2024-12-03
    🔓
    Charge satisfied #36
  35. 2024-12-03
    🔓
    Charge satisfied #33
  36. 2024-11-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  37. 2024-11-20
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  38. 2024-09-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  39. 2024-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  40. 2024-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  41. 2024-04-30
    🔓
    Charge satisfied #31
  42. 2024-04-30
    🔓
    Charge satisfied #29
  43. 2024-04-30
    🔓
    Charge satisfied #20
  44. 2024-04-30
    🔓
    Charge satisfied #21
  45. 2024-02-13
    🔓
    Charge satisfied #35
  46. 2024-02-12
    🔓
    Charge satisfied #26
  47. 2024-02-12
    🔓
    Charge satisfied #24
  48. 2024-02-12
    🔓
    Charge satisfied #19
  49. 2024-02-12
    🔓
    Charge satisfied #12
  50. 2024-02-12
    🔓
    Charge satisfied #6
Showing most recent 50 of 139 events

Owner dependency

85/100
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 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 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 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dr Ahmed Khalil Al-Ani
Individual · British · DOB 10/1980 · age 46
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · LS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ACACIA PROPERTIES LTD→
12632734 · est 2020 · no financials extracted
————5y——
ACACIA PROPERTY GROUP (YORKSHIRE) LIMITED→
15016155 · est 2023 · no financials extracted
————2y——
ACD (UTTOXETER) LTD→
16970617 · est 2026 · no financials extracted
———————
ACE HOMES LTD→
12944543 · est 2020 · no financials extracted
————5y——
ACE OF SPACES→
10082118 · est 2016 · no financials extracted
————10y——
ACEE PROPERTIES LTD→
14315668 · est 2022 · no financials extracted
————3y——
ACH GLOBAL LTD→
11302274 · est 2018 · no financials extracted
————8y——
ACJC LTD→
14930136 · est 2023 · no financials extracted
————2y——
ACKROYD STREET MANAGEMENT COMPANY LIMITED→
05666780 · est 2006 · no financials extracted
————20y——
ACRE UK PROPERTIES LIMITED→
11173317 · est 2018 · no financials extracted
————8y——
ACTIVEWHEEL UK LIMITED→
16905155 · est 2025 · no financials extracted
———————
AD CAPITAL LIMITED→
13140542 · est 2021 · no financials extracted
————5y——
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
Incorporated2003-12-15
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

City Red Properties
City Red House 35 Cromer Terrace
Leeds
West Yorkshire
LS2 9JU

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (1 active · 11 resigned)

AL-ANI, Ahmed Khalil, Dr→
director · ~46y · appointed 2003-12-22
View their other companies + combined net worth →
Active
AL-ANI, Ahmed Khalil→
secretary · appointed 2007-02-01 · resigned 2008-02-01
Resigned
AL-SALAM, Aisha, Dr→
secretary · appointed 2007-03-20 · resigned 2014-10-24
Resigned
AL-SAMMARI, Ghassan→
secretary · appointed 2013-01-01 · resigned 2016-09-30
Resigned
ARKADAN, Salim Salaheddine→
secretary · appointed 2003-12-22 · resigned 2007-02-01
Resigned
BENNETT, Katy→
secretary · appointed 2004-07-15 · resigned 2005-04-04
Resigned
JEWELL, Emma→
secretary · appointed 2008-12-01 · resigned 2013-03-15
Resigned
PIEROTTI, Craig→
secretary · appointed 2005-12-12 · resigned 2006-01-18
Resigned
SALAMEH, Bilal→
secretary · appointed 2015-10-01 · resigned 2019-02-28
Resigned
YORK PLACE COMPANY SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-12-15 · resigned 2003-12-22
Resigned
ARKADAN, Salim Salaheddine→
director · ~47y · appointed 2003-12-22 · resigned 2014-10-24
Resigned
YORK PLACE COMPANY NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-12-15 · resigned 2003-12-22
Resigned

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

Mortgages & charges

49
Total charges
6
Outstanding
3
Active lenders
Status:Lender:49 of 49 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge16 properties03/12/2024—
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property25/10/202108/10/2025
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property08/12/202003/12/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property10/07/202008/10/2025
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property29/05/201903/12/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property29/05/201903/12/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property29/05/201903/12/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property29/05/201903/12/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property29/05/201903/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201403/12/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/11/201413/02/2024
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge—14/11/201408/10/2025
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge2 properties14/11/201403/12/2024
outstanding
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/2008—
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200830/04/2024
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200828/03/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200830/04/2024
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200828/03/2014
outstanding
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/2008—
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200812/02/2024
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200828/03/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/200812/02/2024
outstanding
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property16/12/2008—
satisfied
Virgin Money
Clydesdale Bank PLC
Debenture1 property16/10/200812/02/2024
satisfied
Mortgage Trust Limtied
Legal mortgage1 property22/02/200830/04/2024
satisfied
Mortgage Trust
Mortgage Trust Limited
Legal mortgage1 property13/02/200830/04/2024
satisfied
Paragon
Paragon Mortgages Limited
Legal charge1 property09/05/200728/03/2014
satisfied
I & T Property
I & T Property Limited
Legal charge1 property10/04/200728/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property10/04/200728/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property29/12/200628/03/2014
satisfied
Paragon
Paragon Mortgages Limited
Legal charge1 property27/11/200628/03/2014
outstanding
Paragon
Paragon Mortgages Limited
Legal charge1 property22/11/2006—
satisfied
Paragon
Paragon Mortgages Limited
Legal charge1 property22/11/200612/02/2024
outstanding
Paragon
Paragon Mortgages Limited
Legal charge1 property17/11/2006—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property03/11/200628/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property27/10/200628/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property24/02/200613/06/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property24/02/200628/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property24/01/200612/02/2024
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property09/12/200512/05/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property21/11/200528/03/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property11/08/200512/06/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property12/07/200528/03/2014
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property15/03/200528/03/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (177 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03