47-48 HAVELOCK ROAD LIMITED
💤Zombieactive
05490101 · ltd · incorporated 2005-06-24
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 Mar 2025
Net worth
£750.6k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
Special-situation opportunityDistressed construction with salvageable qualities — special-situations priority.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
22 live charges · 8 lenders · oldest 16.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.6 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
22 charges (22/22 with lender, 22/22 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £750,643
Very low cash
Cash position: £1
Net assets shrinking
Down £226,112 YoY
Cash draining
Cash down 93% YoY
Cash YoY
-93%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1
↓ 93% YoY
Net Worth
£751k
↓ 23% YoY
Current Assets
£88k
↑ 17% 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 | £2.72M | £2.75M |
| Current assets | £87.7k | £74.8k |
| Cash | £1 | £14 |
| Debtors | £87.7k | £74.8k |
| Net assets | £750.6k | £976.8k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (71 events)Click to expand
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-01➖NEALON, Robert Francis resigneddirector
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-23🔒Charge registered #22Lender: Reward Capital Limited
- 2023-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-17🔓Charge satisfied #19
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-16🔓Charge satisfied #18
- 2021-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-25🔒Charge registered #21Lender: Hampshire Trust Bank PLC
- 2021-10-25🔒Charge registered #20Lender: Hampshire Trust Bank PLC
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-19🔓Charge satisfied #17
- 2017-08-19🔓Charge satisfied #16
- 2017-08-19🔓Charge satisfied #14
- 2017-08-19🔓Charge satisfied #15
- 2017-08-04🔒Charge registered #19Lender: Metro Bank PLC
- 2017-08-04🔒Charge registered #18Lender: Metro Bank PLC
- 2015-06-12🔒Charge registered #17Lender: Reward Capital Limited
- 2014-11-20➕NEALON, Robert Francis appointeddirector
- 2014-11-20➖RYAN, Kieran resigneddirector
- 2014-05-30🔒Charge registered #16Lender: Reward Capital LLP
- 2013-01-24🔓Charge satisfied #13
- 2013-01-24🔓Charge satisfied #12
- 2013-01-24🔓Charge satisfied #11
- 2013-01-24🔓Charge satisfied #10
- 2013-01-16🔒Charge registered #14Lender: Lloyds Tsb Bank PLC
- 2013-01-14🔒Charge registered #15Lender: Lloyds Tsb Bank PLC
- 2012-02-08🔓Charge satisfied #8
- 2012-02-08🔓Charge satisfied #5
- 2012-01-21🔓Charge satisfied #9
- 2012-01-21🔓Charge satisfied #7
- 2012-01-21🔓Charge satisfied #6
- 2012-01-13🔒Charge registered #13Lender: Reward Capital LLP
- 2012-01-13🔒Charge registered #12Lender: Reward Capital LLP
- 2012-01-13🔒Charge registered #11Lender: Reward Capital LLP
- 2011-12-30🔓Charge satisfied #4
- 2011-12-30🔓Charge satisfied #3
- 2011-12-30🔓Charge satisfied #2
- 2011-12-30🔓Charge satisfied #1
Showing most recent 50 of 71 events
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
78/100
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 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 21 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 ·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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kieran Ryan Individual · Irish · DOB 03/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/08/2019 |
Mrs Dawn Hanlon Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Patrick Anthony Hanlon Individual · British · DOB 10/1969 · age 57 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Lorraine Ann Ryanceased 15/08/2019· 25-50% shares · 25-50% voting
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 · TN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 THE DRIVE DEVELOPMENTS LTD→ 15157107 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1066 HEIGHTS LIMITED→ 09216156 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1066 PLUMBING AND HEATING LTD→ 14144760 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1066 POWDER COATING LTD→ 15124980 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 19 BTR LIMITED→ 11588357 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 2 CHUMS LIMITED→ 10907464 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 24HR STEEL LTD→ 12546550 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 3D DEVELOPMENTS (S.E.) LIMITED→ 13294623 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 3QD SADLERS HOUSE LTD→ 14738290 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 4DEVELOPMENTS LTD→ 16645782 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4P MAINTENANCE AND CONSTRUCTION (SUSSEX) LIMITED→ 05481149 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 4T8 PROPERTY MAINTENANCE LTD→ 07960740 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2005-06-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
20 Havelock Road
Hastings
East Sussex
TN34 1BP
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29
Officers (1 active · 6 resigned)
HANLON, Dawn→
Activedirector · ~62y · appointed 2011-05-11
View their other companies + combined net worth →
RHODES, Steven Brian→
Resignedsecretary · appointed 2005-06-24 · resigned 2009-01-31
ADEBIYI, Michael Kazeem→
Resigneddirector · ~55y · appointed 2009-04-07 · resigned 2010-03-17
HANLON, Patrick Anthony→
Resigneddirector · ~57y · appointed 2005-06-24 · resigned 2011-05-11
HARWOOD, Marcus Manley→
Resigneddirector · ~51y · appointed 2009-04-07 · resigned 2010-03-17
NEALON, Robert Francis→
Resigneddirector · ~66y · appointed 2014-11-20 · resigned 2025-01-01
RYAN, Kieran→
Resigneddirector · ~60y · appointed 2009-04-07 · resigned 2014-11-20
Click a director name to see their full track record across all companies.
Mortgages & charges
22
Total charges
3
Outstanding
2
Active lenders
Status:Lender:22 of 22 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Reward Capital Reward Capital Limited | A registered charge | 2 properties | 23/08/2024 | — | |
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 3 properties | 25/10/2021 | — | |
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | — | 25/10/2021 | — | |
| satisfied | Metro Bank Metro Bank PLC | A registered charge | 1 property | 04/08/2017 | 17/08/2023 | |
| satisfied | Metro Bank Metro Bank PLC | A registered charge | — | 04/08/2017 | 16/11/2021 | |
| satisfied | Reward Capital Reward Capital Limited | A registered charge | 2 properties | 12/06/2015 | 19/08/2017 | |
| satisfied | Reward Capital Reward Capital LLP | A registered charge | 1 property | 30/05/2014 | 19/08/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 16/01/2013 | 19/08/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 14/01/2013 | 19/08/2017 | |
| satisfied | Reward Capital Reward Capital LLP | Deed of rental assignment | 2 properties | 13/01/2012 | 24/01/2013 | |
| satisfied | Reward Capital Reward Capital LLP | Legal charge | 2 properties | 13/01/2012 | 24/01/2013 | |
| satisfied | Reward Capital Reward Capital LLP | Debenture | 1 property | 13/01/2012 | 24/01/2013 | |
| satisfied | Reward Capital Reward Capital LLP | Legal charge | 2 properties | 29/12/2011 | 24/01/2013 | |
| satisfied | C W Booth Holdings C W Booth Holdings Limited | Variation of legal charge | 1 property | 21/06/2011 | 08/02/2012 | |
| satisfied | Tiuta International Tiuta International Limited | Legal charge | 1 property | 17/06/2011 | 21/01/2012 | |
| satisfied | Tiuta International Tiuta International Limited | Legal charge | 1 property | 17/08/2010 | 21/01/2012 | |
| satisfied | Tiuta International Tiuta International Limited | Legal charge | 1 property | 17/08/2010 | 21/01/2012 | |
| satisfied | C W Booth Holdings C W Booth Holdings Limited | Legal charge | 1 property | 15/06/2010 | 08/02/2012 | |
| satisfied | Keith Robert Tasker | Legal charge | 1 property | 01/02/2010 | 30/12/2011 | |
| satisfied | Keith Robert Tasker | Legal charge | 1 property | 01/02/2010 | 30/12/2011 | |
| satisfied | Keith Robert Tasker | Legal charge | 1 property | 08/10/2009 | 30/12/2011 | |
| satisfied | Keith Robert Tasker | Legal charge | 1 property | 08/10/2009 | 30/12/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-01
termination-director-company-with-name-termination-date
officers · TM01
2025-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-05