VULCAN PROPERTY II LIMITED
🌳Matureactive
05298649 · ltd · incorporated 2004-11-29
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
£14.19M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
40 live charges · 3 lenders · oldest 21.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
40 charges (40/40 with lender, 40/40 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 £14,194,353
Key financials
1 year extracted from filed iXBRL accountsCash
£2.8m
Net Worth
£14m
Current Assets
£4.3m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 |
|---|---|
| Total assets | £42.03M |
| Current assets | £4.33M |
| Cash | £2.77M |
| Debtors | £1.56M |
| Net assets | £14.19M |
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 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (88 events)Click to expand
- 2026-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-22🔒Charge registered #40Lender: Handelsbanken PLC (As Security Trustee)
- 2025-05-22🔒Charge registered #39Lender: Handelsbanken PLC (As Security Trustee)
- 2025-04-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-10➕THOMAS, Henry William Mccrohon appointeddirector
- 2024-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-18🔒Charge registered #38Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #37Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #36Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #35Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #34Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #33Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #32Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #31Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #30Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #29Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #28Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #27Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #26Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #25Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #24Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #23Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #22Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #21Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #20Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #19Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #18Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #17Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #16Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #15Lender: Handelsbanken PLC
- 2023-09-18🔒Charge registered #14Lender: Handelsbanken PLC
Showing most recent 50 of 88 events
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — THOMAS, Henry William Mccrohon (same surname) appointed 2024-09-10. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
29 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Vulcan Property Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vulcan Property Holdco Limited
Corporate parent · holds 75-100% shares · board control
⬇
VULCAN PROPERTY II LIMITED
This company · 05298649
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Vulcan Property Holdco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board 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
Active · Construction · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 19 PALACE GATE LIMITED→ 03184817 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| 20 HIGH STREET LIMITED→ 15459902 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2020 JOINERY AND CONSTRUCTION LIMITED→ 08221017 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 21 SUTTON ROAD SHREWSBURY LTD→ 16856483 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 360AIR LIMITED→ 16497734 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3G CONSTRUCTION (MID WALES) LTD→ 09981522 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A BATE BUILDING CONTRACTOR LIMITED→ 07460040 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A C LISTER ELECTRICAL LTD→ 12391138 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A D MECHANICAL LIMITED→ 16797058 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A2B SCAFFOLDING SERVICE'S LTD→ 12521632 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A7 ELECTRICAL SOLUTIONS LIMITED→ 10850275 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A7 RENEWABLES LIMITED→ 14060971 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2004-11-29
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
17-19 Old Bank Buildings
Shrewsbury
Shropshire
SY1 1HU
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (4 active · 5 resigned)
THOMAS, William Francis→
Activesecretary · appointed 2020-02-03
View their other companies + combined net worth →
THOMAS, George Patrick William→
Activedirector · ~36y · appointed 2019-06-04
View their other companies + combined net worth →
THOMAS, Henry William Mccrohon→
Activedirector · ~35y · appointed 2024-09-10
View their other companies + combined net worth →
THOMAS, William Francis→
Activedirector · ~77y · appointed 2005-01-26
View their other companies + combined net worth →
ASHWORTH, Keith William→
Resignedsecretary · appointed 2005-01-26 · resigned 2018-12-17
DLA SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-11-29 · resigned 2005-01-26
ASHWORTH, Keith William→
Resigneddirector · ~75y · appointed 2005-01-26 · resigned 2018-12-17
DLA NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2004-11-29 · resigned 2005-01-26
DLA SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2004-11-29 · resigned 2005-01-26
Click a director name to see their full track record across all companies.
Mortgages & charges
40
Total charges
29
Outstanding
2
Active lenders
Status:Lender:40 of 40 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken (As Security Trustee) Handelsbanken PLC (As Security Trustee) | A registered charge | 1 property | 22/05/2025 | — | |
| outstanding | Handelsbanken (As Security Trustee) Handelsbanken PLC (As Security Trustee) | A registered charge | 2 properties | 22/05/2025 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 10 properties | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 3 properties | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 3 properties | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/09/2023 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 15/11/2007 | 13/08/2014 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 29/12/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/2005 | 14/09/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (143 total)
change-person-director-company-with-change-date
officers · CH01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-17
change-person-secretary-company-with-change-date
officers · CH03
2025-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-05
change-person-director-company-with-change-date
officers · CH01
2025-06-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-05
change-person-director-company-with-change-date
officers · CH01
2025-06-05
change-person-director-company-with-change-date
officers · CH01
2025-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-27
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-07