2ND CHANCE HOUSING LIMITED
💤Zombieactive
05670762 · ltd · incorporated 2006-01-10
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
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: 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. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: portfolio break-up (40/100).
🏦
Refinance opportunity
32 live charges · 9 lenders · oldest 19.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.9 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
32 charges (32/32 with lender, 32/32 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
104 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
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
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 |
|---|---|---|
| Average employees | 1 | 100 |
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
1
filing
- • 1 mortgage
Last 90 days
2
filings
- • 1 mortgage
- • 1 accounts
Last 180 days
2
filings
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (83 events)Click to expand
- 2026-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-06🔓Charge satisfied #16
- 2026-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-09🔒Charge registered #32Lender: Landbay Partners Limited
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-15🔓Charge satisfied #18
- 2024-02-15🔓Charge satisfied #17
- 2024-02-15🔓Charge satisfied #15
- 2024-02-15🔓Charge satisfied #13
- 2024-02-15🔓Charge satisfied #12
- 2024-02-15🔓Charge satisfied #11
- 2024-02-15🔓Charge satisfied #10
- 2024-02-15🔓Charge satisfied #9
- 2024-02-15🔓Charge satisfied #7
- 2024-02-15🔓Charge satisfied #6
- 2024-02-15🔓Charge satisfied #5
- 2024-02-15🔓Charge satisfied #4
- 2024-02-15🔓Charge satisfied #3
- 2024-02-15🔓Charge satisfied #2
- 2024-02-15🔓Charge satisfied #1
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-01🔓Charge satisfied #22
- 2023-03-01🔓Charge satisfied #21
- 2023-03-01🔓Charge satisfied #20
- 2023-03-01🔓Charge satisfied #19
- 2023-02-28🔒Charge registered #31Lender: Aldermore Bank PLC
- 2023-02-07🔓Charge satisfied #8
- 2023-01-31🔒Charge registered #30Lender: Paragon Bank PLC
- 2023-01-23🔒Charge registered #29Lender: State Bank of India (UK) Limited
- 2023-01-23🔒Charge registered #28Lender: State Bank of India (UK) Limited
- 2023-01-23🔒Charge registered #27Lender: State Bank of India (UK) Limited
- 2023-01-23🔒Charge registered #26Lender: State Bank of India (UK) Limited
Showing most recent 50 of 83 events
Owner dependency
85/100
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 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong 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 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jonathan Brendan Wilcox Individual · British · DOB 07/1972 · age 54 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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 · Property · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 29 CAPITAL LTD→ 16280127 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 29 ROTTON PARK ROAD LIMITED→ 14431451 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2EEK PROPERTIES LIMITED→ 16040117 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2FACE PRODUCTION LTD→ 15375002 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2JAL LTD→ 12919197 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2ND CITY HOUSING LTD→ 12006020 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2NDCITYLETTINGS LTD→ 13277572 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 2Q INVESTOR LIMITED→ 13821104 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2R PROPERTY DEVELOPMENTS LTD→ 16976817 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2R PROPERTY INVESTMENTS LTD→ 16082913 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2REAL PROPERTIES LTD→ 16549110 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2S REAL ESTATE LIMITED→ 15280970 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2006-01-10
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Carleton House 266-268 Stratford Road
Shirley
Solihull
West Midlands
B90 3AD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14
Officers (1 active · 3 resigned)
WILCOX, Jonathan Brendan→
Activedirector · ~54y · appointed 2006-01-10
View their other companies + combined net worth →
COLE, Lucy→
Resignedsecretary · appointed 2006-01-10 · resigned 2019-09-20
PARAMOUNT COMPANY SEARCHES LIMITED→
Resignedcorporate-secretary · appointed 2006-01-10 · resigned 2006-01-10
PARAMOUNT PROPERTIES(UK) LIMITED→
Resignedcorporate-director · appointed 2006-01-10 · resigned 2006-01-10
Click a director name to see their full track record across all companies.
Mortgages & charges
32
Total charges
11
Outstanding
6
Active lenders
Status:Lender:32 of 32 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Landbay Landbay Partners Limited | A registered charge | 1 property | 09/04/2024 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 4 properties | 28/02/2023 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 31/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 28/05/2020 | — | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 06/03/2018 | 01/03/2023 | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 28/02/2018 | 01/03/2023 | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 26/02/2018 | 01/03/2023 | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 26/02/2018 | 01/03/2023 | |
| satisfied | Belmont Green Fiannce T/a Vida Homeloans Belmont Green Fiannce Limited T/a Vida Homeloans | A registered charge | — | 05/06/2017 | 15/02/2024 | |
| satisfied | Belmont Green Finance T/a Vida Homeloans Belmont Green Finance Limited T/a Vida Homeloans | A registered charge | 1 property | 05/06/2017 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 30/11/2006 | 06/05/2026 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 30/11/2006 | 15/02/2024 | |
| outstanding | Mortgage Express | Mortgage | 1 property | 26/10/2006 | — | |
| satisfied | Mortgage Express | Mortgage | 1 property | 20/10/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 20/10/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 19/10/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 06/10/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 04/10/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 27/09/2006 | 07/02/2023 | |
| satisfied | Mortgage Express | Mortgage deed | 1 property | 13/09/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 07/09/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 07/09/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 04/09/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 22/08/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 27/07/2006 | 15/02/2024 | |
| satisfied | Mortgage Express | Mortgage | 1 property | 17/07/2006 | 15/02/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-15