LANDSEC 2 LIMITED
🌳Matureactive
05604811 · ltd · incorporated 2005-10-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · oldest 20.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 20.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: medium (76/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
21 officers (4 active, 21 linked, 14 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
116 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.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 0 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-19➕MCCAVENY, Leigh appointeddirector
- 2023-10-19➖BANGAR, Rejinder resigneddirector
- 2023-10-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-04✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-16➕BANGAR, Rejinder appointeddirector
- 2023-06-16➖RABIN, Daniel Stewart resigneddirector
- 2022-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-27➖LOVELAND, Russell James resigneddirector
- 2022-05-27➕RABIN, Daniel Stewart appointeddirector
- 2021-05-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-01➖KHIROYA, Deepan Rasiklal resigneddirector
- 2021-05-01➕LOVELAND, Russell James appointeddirector
- 2021-04-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-31📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-22➕KHIROYA, Deepan Rasiklal appointeddirector
- 2019-07-22➖TROUGHTON, Olivia Clare resigneddirector
- 2019-07-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-03-14➖O'ROURKE, Dominic James resigneddirector
- 2014-03-14➕TROUGHTON, Olivia Clare appointeddirector
- 2013-12-24🔓Charge satisfied #4
- 2013-12-24🔓Charge satisfied #3
- 2013-12-24🔓Charge satisfied #2
- 2013-12-24🔓Charge satisfied #1
- 2013-10-01➕LS COMPANY SECRETARIES LIMITED appointedcorporate-secretary
- 2013-10-01➖TMF CORPORATE ADMINISTRATION SERVICES LIMITED resignedcorporate-secretary
- 2013-01-16➕LAND SECURITIES MANAGEMENT SERVICES LIMITED appointedcorporate-director
- 2013-01-16➕LS DIRECTOR LIMITED appointedcorporate-director
- 2013-01-16➖GERBEAU, Pierre Yves resigneddirector
- 2013-01-16➕O'ROURKE, Dominic James appointeddirector
- 2013-01-16➖PULLEN, Xavier resigneddirector
- 2013-01-16➖ROBERTSON, John Manwaring resigneddirector
- 2011-03-18➖HERMES SECRETARIAT LIMITED resignedcorporate-secretary
- 2011-03-18➕TMF CORPORATE ADMINISTRATION SERVICES LIMITED appointedcorporate-secretary
- 2011-03-18➕ROBERTSON, John Manwaring appointeddirector
- 2011-03-18➖THODAY, Corin Leonard resigneddirector
- 2010-09-20➖EVANS, Alasdair David resigneddirector
- 2009-10-28➖BLACK, Russell Norman resigneddirector
- 2009-10-28➕THODAY, Corin Leonard appointeddirector
- 2009-07-31🔒Charge registered #4Lender: Hsbc Bank PLC (The Facility Agent)
Showing most recent 50 of 65 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 13 years.
- 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.
Group structure
Land Securities Spv's Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Land Securities Spv's Limited
Corporate parent · holds 75-100% shares · board control
⬇
LANDSEC 2 LIMITED
This company · 05604811
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 |
|---|---|---|---|---|
Land Securities Spv's Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/11/2016 |
1 historic (ceased) PSC
- Leisure Parks 11 Limitedceased 08/11/2016· 75-100% shares · 75-100% voting · board control
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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|---|---|---|---|---|---|---|---|
| 2/4 BICKLEY STREET RTE COMPANY LTD→ 08393424 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 22 BARCLAY ROAD LIMITED→ 04920164 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 22 CG LTD→ 10664356 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 22 STAPLETON ROAD LIMITED→ 03660721 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 225 ELGIN AVENUE (FREEHOLD) LIMITED→ 09507282 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 225 KINGSTON ROAD LIMITED→ 09381892 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 226 MERTON ROAD FREEHOLD COMPANY LIMITED→ 05895785 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 227 LEIGHAM COURT ROAD LIMITED→ 05543566 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 227 STEPHENDALE ROAD LIMITED→ 06822065 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 228-238 CENTRAL ROAD MANAGEMENT LIMITED→ 06554323 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 22A2426 FIFE ROAD LIMITED→ 15389903 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 23 & 23A MANDALAY ROAD MANAGEMENT COMPANY LIMITED→ 05522561 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2005-10-27
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
100 Victoria Street
London
SW1E 5JL
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (4 active · 17 resigned)
LS COMPANY SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2013-10-01
View their other companies + combined net worth →
MCCAVENY, Leigh→
Activedirector · ~52y · appointed 2023-10-19
View their other companies + combined net worth →
LAND SECURITIES MANAGEMENT SERVICES LIMITED→
Activecorporate-director · appointed 2013-01-16
View their other companies + combined net worth →
LS DIRECTOR LIMITED→
Activecorporate-director · appointed 2013-01-16
View their other companies + combined net worth →
FILEX SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2005-10-27 · resigned 2007-09-30
HERMES SECRETARIAT LIMITED→
Resignedcorporate-secretary · appointed 2007-09-30 · resigned 2011-03-18
TMF CORPORATE ADMINISTRATION SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2011-03-18 · resigned 2013-10-01
BANGAR, Rejinder→
Resigneddirector · ~58y · appointed 2023-06-16 · resigned 2023-10-19
BLACK, Russell Norman→
Resigneddirector · ~53y · appointed 2006-06-30 · resigned 2009-10-28
EVANS, Alasdair David→
Resigneddirector · ~65y · appointed 2005-12-12 · resigned 2010-09-20
GERBEAU, Pierre Yves→
Resigneddirector · ~61y · appointed 2005-12-12 · resigned 2013-01-16
KHIROYA, Deepan Rasiklal→
Resigneddirector · ~56y · appointed 2019-07-22 · resigned 2021-05-01
LOVELAND, Russell James→
Resigneddirector · ~56y · appointed 2021-05-01 · resigned 2022-05-27
MARTIN, Andrew John, Mr.→
Resigneddirector · ~80y · appointed 2005-12-12 · resigned 2006-06-30
O'ROURKE, Dominic James→
Resigneddirector · ~53y · appointed 2013-01-16 · resigned 2014-03-14
PULLEN, Xavier→
Resigneddirector · ~75y · appointed 2005-12-12 · resigned 2013-01-16
RABIN, Daniel Stewart→
Resigneddirector · ~48y · appointed 2022-05-27 · resigned 2023-06-16
ROBERTSON, John Manwaring→
Resigneddirector · ~75y · appointed 2011-03-18 · resigned 2013-01-16
THODAY, Corin Leonard→
Resigneddirector · ~51y · appointed 2009-10-28 · resigned 2011-03-18
TROUGHTON, Olivia Clare→
Resigneddirector · ~57y · appointed 2014-03-14 · resigned 2019-07-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC (The Facility Agent) | A confirmatory security agreement | 1 property | 31/07/2009 | 24/12/2013 | |
| satisfied | HSBC Hsbc Bank PLC (The Facility Agent) | A confirmatory security agreement | 1 property | 31/07/2009 | 24/12/2013 | |
| satisfied | HSBC Hsbc Bank PLC (The Facility Agent) | A security agreement | 1 property | 27/12/2007 | 24/12/2013 | |
| satisfied | HSBC Hsbc Bank PLC (The Facility Agent) | Security agreement | 1 property | 10/03/2006 | 24/12/2013 |
Recent filings (116 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-dormant
accounts · AA
2024-06-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
appoint-person-director-company-with-name-date
officers · AP01
2023-10-20
termination-director-company-with-name-termination-date
officers · TM01
2023-10-19
termination-director-company-with-name-termination-date
officers · TM01
2023-07-12
certificate-change-of-name-company
change-of-name · CERTNM
2023-07-04
accounts-with-accounts-type-dormant
accounts · AA
2023-06-29
appoint-person-director-company-with-name-date
officers · AP01
2023-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-dormant
accounts · AA
2022-09-27
termination-director-company-with-name-termination-date
officers · TM01
2022-06-06
appoint-person-director-company-with-name-date
officers · AP01
2022-06-01