SHITAL PROPERTIES LTD

🌳Matureactive
05990699 · ltd · incorporated 2006-11-07
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 Nov 2024
Net worth
£1.08M
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 74990Non-trading company
Investor take
Pursue
Property-backed borrower with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 79). 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 13.8y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,083,373
Very low cash
Cash position: £11
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£11
↓ 98% YoY
Net Worth
£1.1m
~ YoY
Current Assets
£2k
↑ 196% YoY
Current Liabilities
—
£0£217k£433k£650k£867k£1.1mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£1.55M£1.63M
Current assets£2.5k£833
Cash£11£466
Debtors£2.5k£367
Net assets£1.08M£1.08M

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-03-01
    ➕
    RAWAL, Kalpana appointed
    director
  8. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-25
    ➖
    RAWAL, Krishna Kumar resigned
    director
  10. 2022-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-06-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-06-12
    ➕
    RAWAL, Sanjay appointed
    director
  17. 2018-04-10
    🔒
    Charge registered #3
    Lender: Onesavings Bank PLC
  18. 2018-01-16
    ➕
    RAWAL, Krishna Kumar appointed
    director
  19. 2018-01-16
    ➖
    RAWAL, Krishna Kumar resigned
    director
  20. 2017-02-01
    ➕
    RAWAL, Selina Kajal appointed
    director
  21. 2012-10-25
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  22. 2012-08-10
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC (The Bank)
  23. 2012-07-06
    ➖
    ASHFORD ASSOCIATES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  24. 2012-07-06
    ➖
    RAWAL, Sanjay resigned
    director
  25. 2011-11-09
    ➕
    VYAS, Kunal appointed
    director
  26. 2011-11-09
    ➕
    RAWAL, Sanjay appointed
    director
  27. 2007-01-01
    ➕
    RAWAL, Krishna Kumar appointed
    director
  28. 2006-11-07
    🏢
    Company incorporated
    As SHITAL PROPERTIES LTD
  29. 2006-11-07
    ➕
    ASHFORD ASSOCIATES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  30. 2006-11-07
    ➕
    ONLINE CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  31. 2006-11-07
    ➖
    ONLINE CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  32. 2006-11-07
    ➕
    ONLINE NOMINEES LIMITED appointed
    corporate-director
  33. 2006-11-07
    ➖
    ONLINE NOMINEES LIMITED resigned
    corporate-director

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Kalpana Rawal
Individual · British · DOB 02/1947 · age 79
——sig. influencesignificant influence · firm interest01/03/2024
1 historic (ceased) PSC
  • Mr Krishna Kumar Rawalceased 25/05/2023· 75-100% shares · 75-100% voting · board control · firm interest

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

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
Incorporated2006-11-07
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Ashford House
100 College Road
Harrow
Middlesex
HA1 1BQ
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13

Officers (4 active · 6 resigned)

RAWAL, Kalpana→
director · ~79y · appointed 2024-03-01
View their other companies + combined net worth →
Active
RAWAL, Sanjay→
director · ~41y · appointed 2018-06-12
View their other companies + combined net worth →
Active
RAWAL, Selina Kajal→
director · ~43y · appointed 2017-02-01
View their other companies + combined net worth →
Active
VYAS, Kunal→
director · ~55y · appointed 2011-11-09
View their other companies + combined net worth →
Active
ASHFORD ASSOCIATES SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2006-11-07 · resigned 2012-07-06
Resigned
ONLINE CORPORATE SECRETARIES LIMITED→
corporate-secretary · appointed 2006-11-07 · resigned 2006-11-07
Resigned
RAWAL, Krishna Kumar→
director · ~84y · appointed 2018-01-16 · resigned 2023-05-25
Resigned
RAWAL, Krishna Kumar→
director · ~84y · appointed 2007-01-01 · resigned 2018-01-16
Resigned
RAWAL, Sanjay→
director · ~41y · appointed 2011-11-09 · resigned 2012-07-06
Resigned
ONLINE NOMINEES LIMITED→
corporate-director · appointed 2006-11-07 · resigned 2006-11-07
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property10/04/2018—
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property25/10/2012—
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC (The Bank)
Debenture1 property10/08/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
termination-director-company-with-name-termination-date
officers · TM01
2024-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-06
appoint-person-director-company-with-name-date
officers · AP01
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-05