44 CAPITAL NEWCO LIMITED

🌳Matureactive
05518940 · ltd · incorporated 2005-07-26
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
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (58/100).

🏦

Refinance opportunity

6 live charges · 3 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.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 mortgage
Last 180 days
5
filings
  • 4 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-03-11
    🔓
    Charge satisfied #4
  4. 2026-03-11
    🔓
    Charge satisfied #3
  5. 2026-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2026-02-20
    🔒
    Charge registered #6
    Lender: Coutts & Company
  8. 2026-02-20
    🔒
    Charge registered #5
    Lender: Coutts & Company
  9. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-08-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-08-31
    🔓
    Charge satisfied #1
  14. 2023-05-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-05-03
    🔓
    Charge satisfied #2
  16. 2023-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-06-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-06-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2022-06-28
    🔒
    Charge registered #4
    Lender: Cambridge & Counties Bank Limited
  20. 2022-06-28
    🔒
    Charge registered #3
    Lender: Cambridge & Counties Bank Limited
  21. 2022-04-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2022-04-11
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2022-04-11
    📄
    memorandum-articles
    incorporation · MA
  24. 2022-04-11
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  25. 2022-04-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  26. 2022-04-08
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  27. 2022-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2022-04-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  29. 2022-04-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2022-04-06
    NEWETT, Daniel George appointed
    director
  31. 2022-04-06
    NEWETT, William Thomas appointed
    director
  32. 2022-04-06
    CROOKE, Jonathan Michael resigned
    secretary
  33. 2022-04-06
    CROOKE, Jonathan Michael resigned
    director
  34. 2022-04-06
    CROOKE, Rowland resigned
    director
  35. 2022-04-06
    CROOKE, Sarah Elizabeth resigned
    director
  36. 2022-04-06
    HADDOCK, Richard James Hartley resigned
    director
  37. 2022-04-06
    HADDOCK, Robert Michael resigned
    director
  38. 2022-04-06
    🔒
    Charge registered #2
    Lender: Reward Capital Limited
  39. 2022-04-06
    🔒
    Charge registered #1
    Lender: Reward Capital Limited
  40. 2015-12-01
    CROOKE, Rowland appointed
    director
  41. 2015-12-01
    CROOKE, Sarah Elizabeth appointed
    director
  42. 2014-12-15
    CROOKE, Paul Rowland resigned
    director
  43. 2005-09-07
    HADDOCK, Richard James Hartley appointed
    director
  44. 2005-09-07
    HADDOCK, Robert Michael appointed
    director
  45. 2005-07-26
    🏢
    Company incorporated
    As 44 CAPITAL NEWCO LIMITED
  46. 2005-07-26
    CROOKE, Jonathan Michael appointed
    secretary
  47. 2005-07-26
    CROOKE, Jonathan Michael appointed
    director
  48. 2005-07-26
    CROOKE, Paul Rowland appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
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.

Group structure

44 Capital Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
44 Capital Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
44 CAPITAL NEWCO LIMITED
This company · 05518940

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%
NameSharesVoting rightsNature of controlNotified
44 Capital Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2022
2 historic (ceased) PSCs
  • Mr Jonathan Michael Crookeceased 01/08/2016· 25-50% voting
  • Mrs Lee Crookeceased 01/08/2016· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2005-07-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Thorp Arch Grange Walton Road
Thorp Arch
Wetherby
West Yorkshire
LS23 7BA
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (2 active · 7 resigned)

NEWETT, Daniel George
director · ~36y · appointed 2022-04-06
View their other companies + combined net worth →
Active
NEWETT, William Thomas
director · ~29y · appointed 2022-04-06
View their other companies + combined net worth →
Active
CROOKE, Jonathan Michael
secretary · appointed 2005-07-26 · resigned 2022-04-06
Resigned
CROOKE, Jonathan Michael
director · ~69y · appointed 2005-07-26 · resigned 2022-04-06
Resigned
CROOKE, Paul Rowland
director · ~72y · appointed 2005-07-26 · resigned 2014-12-15
Resigned
CROOKE, Rowland
director · ~46y · appointed 2015-12-01 · resigned 2022-04-06
Resigned
CROOKE, Sarah Elizabeth
director · ~35y · appointed 2015-12-01 · resigned 2022-04-06
Resigned
HADDOCK, Richard James Hartley
director · ~65y · appointed 2005-09-07 · resigned 2022-04-06
Resigned
HADDOCK, Robert Michael
director · ~63y · appointed 2005-09-07 · resigned 2022-04-06
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
NatWest Group
Coutts & Company
A registered charge4 properties20/02/2026
outstanding
NatWest Group
Coutts & Company
A registered charge1 property20/02/2026
satisfied
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge28/06/202211/03/2026
satisfied
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge1 property28/06/202211/03/2026
satisfied
Reward Capital
Reward Capital Limited
A registered charge06/04/202203/05/2023
satisfied
Reward Capital
Reward Capital Limited
A registered charge3 properties06/04/202231/08/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-30