42 (BIDEFORD AVENUE) LTD
💤Zombieactive
05990764 · ltd · incorporated 2006-11-07
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 Nov 2025
Net worth
£1.40M
book net assets
Opportunity
74/100
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 74/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 4 lenders · oldest 19.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
77 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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £1,402,879
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£1.4m
Current Assets
£603k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-11-30 |
|---|---|
| Total assets | £1.99M |
| Current assets | £602.6k |
| Net assets | £1.40M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 mortgage
Last 90 days
3
filings
- • 3 mortgage
Last 180 days
5
filings
- • 3 mortgage
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-07-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-07-02🔓Charge satisfied #7
- 2026-06-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-06-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-06-05🔒Charge registered #9Lender: Punjab National Bank (International) Limited
- 2026-06-05🔒Charge registered #8Lender: Punjab National Bank (International) Limited
- 2026-02-24📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-22📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-12-21📄capital-allotment-sharescapital · SH01
- 2022-12-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-11🔓Charge satisfied #6
- 2022-11-11🔓Charge satisfied #5
- 2022-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-03🔒Charge registered #7Lender: Eurobank Cyprus LTD
- 2022-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-30🔓Charge satisfied #4
- 2017-06-30🔓Charge satisfied #3
- 2017-06-23🔒Charge registered #6Lender: Aldermore Bank PLC
- 2017-06-23🔒Charge registered #5Lender: Aldermore Bank PLC
- 2017-06-20🔓Charge satisfied #1
- 2017-05-31🔓Charge satisfied #2
- 2012-09-03🔒Charge registered #4Lender: Punjab National Bank (International) Limited
- 2012-08-01🔒Charge registered #3Lender: Punjab National Bank (International) Limited
- 2009-07-02➕ISHAC, Zuhair Gourji appointeddirector
- 2009-07-02➖ISHAK, Naem Gorgi resigneddirector
- 2009-03-10➖ISHAC, Zuhair Gourji resignedsecretary
- 2007-01-15🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2006-12-05🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2006-11-11➕ISHAC, Zuhair Gourji appointedsecretary
- 2006-11-11➕ISHAK, Naem Gorgi appointeddirector
- 2006-11-08➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2006-11-08➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2006-11-07🏢Company incorporatedAs 42 (BIDEFORD AVENUE) LTD
- 2006-11-07➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2006-11-07➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
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 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- 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 ·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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Zuhair Gourji Ishac Individual · British · DOB 06/1969 · age 57 | — | — | sig. influencesignificant influence | 01/07/2016 |
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 · HA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 30 WD23 LTD→ 16370467 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 348 DOLLIS HILL LTD→ 14439165 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 42 KEATS LTD→ 14888842 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 43 ENGADINE STREET FREEHOLD LIMITED→ 12632132 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 44 GAYTON ROAD RTM COMPANY LIMITED→ 09178708 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 47 CUMBERLAND STREET LTD→ 13668551 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 47, CROMWELL ROAD MANAGEMENT CO LIMITED→ 03305137 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| 48 CUNNINGHAM PARK (HARROW) LTD→ 07787314 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 4D HOMES LONDON LIMITED→ 15384574 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 4DBALANCE INVESTMENTS LTD→ 14057962 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4F PROPERTIES LTD→ 14360008 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4M DEVELOPMENTS LTD.→ 11130549 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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 SIC68209 — Other letting and operating of own or leased real estate
Registered office
Jsp Accountants Limited First Floor
10 College Road
Harrow
HA1 1BE
England
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (1 active · 4 resigned)
ISHAC, Zuhair Gourji→
Activedirector · ~57y · appointed 2009-07-02
View their other companies + combined net worth →
ISHAC, Zuhair Gourji→
Resignedsecretary · appointed 2006-11-11 · resigned 2009-03-10
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2006-11-07 · resigned 2006-11-08
ISHAK, Naem Gorgi→
Resigneddirector · ~39y · appointed 2006-11-11 · resigned 2009-07-02
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2006-11-07 · resigned 2006-11-08
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
2
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Punjab National Bank (International) Punjab National Bank (International) Limited | A registered charge | 1 property | 05/06/2026 | — | |
| outstanding | Punjab National Bank (International) Punjab National Bank (International) Limited | A registered charge | 1 property | 05/06/2026 | — | |
| satisfied | Eurobank Cyprus Eurobank Cyprus LTD | A registered charge | 1 property | 03/11/2022 | 02/07/2026 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | — | 23/06/2017 | 11/11/2022 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 23/06/2017 | 11/11/2022 | |
| satisfied | Punjab National Bank (International) Punjab National Bank (International) Limited | Debenture | 1 property | 03/09/2012 | 30/06/2017 | |
| satisfied | Punjab National Bank (International) Punjab National Bank (International) Limited | Legal charge | 1 property | 01/08/2012 | 30/06/2017 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 15/01/2007 | 31/05/2017 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 05/12/2006 | 20/06/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-05
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-03
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-12-22