AJM HOMES LIMITED

🌳Matureactive
06296125 · ltd · incorporated 2007-06-28
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 Mar 2025
Net worth
£23.7k
book net assets
Opportunity
83/100
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
Investor take
Pursue
Property-backed borrower with a 60-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 60). 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 19.0y

15/100
under pressure

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

  • · Oldest live charge is 19.0 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: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
59 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
83/100Exceptional
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
85
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 · FRS 102
Positive net assets
Net assets £23,715
Net assets shrinking
Down £4,492 YoY
Cash YoY
-38%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↓ 38% YoY
Net Worth
£24k
↓ 16% YoY
Current Assets
£14k
↓ 31% YoY
Current Liabilities
—
£0£6k£11k£17k£23k£28kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-302024-03-30
Total assets£561.0k£565.5k
Current assets£14.3k£20.7k
Cash£10.3k£16.7k
Debtors£4.0k£4.0k
Net assets£23.7k£28.2k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-08-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-06-01
    🔓
    Charge satisfied #1
  9. 2022-05-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-05-30
    🔒
    Charge registered #3
    Lender: Paragon Bank PLC
  11. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-12-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2017-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2008-03-05
    🔒
    Charge registered #2
    Lender: Alliance and Leicester PLC
  19. 2007-07-16
    🔒
    Charge registered #1
    Lender: Alliance & Leicester PLC
  20. 2007-07-02
    ➖
    ABERGAN REED NOMINEES LIMITED resigned
    corporate-secretary
  21. 2007-07-02
    ➖
    ABERGAN REED LIMITED resigned
    corporate-director
  22. 2007-06-28
    🏢
    Company incorporated
    As AJM HOMES LIMITED
  23. 2007-06-28
    ➕
    JAGOTA, Ajay appointed
    secretary
  24. 2007-06-28
    ➕
    GUTHRIE, Martin appointed
    director
  25. 2007-06-28
    ➕
    JAGOTA, Ajay appointed
    director
  26. 2007-06-28
    ➕
    ABERGAN REED NOMINEES LIMITED appointed
    corporate-secretary
  27. 2007-06-28
    ➕
    ABERGAN REED LIMITED appointed
    corporate-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ajay Jagota
Individual · British · DOB 11/1969 · age 57
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Martin Guthrie
Individual · British · DOB 01/1966 · age 60
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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 →

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AJN PROPERTIES(NEWCASTLE) LIMITED→
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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
Incorporated2007-06-28
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

49a Richmond Road
South Shields
NE34 0QQ
England

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2027-06-18
Last: 2026-06-04

Officers (3 active · 2 resigned)

JAGOTA, Ajay→
secretary · appointed 2007-06-28
View their other companies + combined net worth →
Active
GUTHRIE, Martin→
director · ~60y · appointed 2007-06-28
View their other companies + combined net worth →
Active
JAGOTA, Ajay→
director · ~57y · appointed 2007-06-28
View their other companies + combined net worth →
Active
ABERGAN REED NOMINEES LIMITED→
corporate-secretary · appointed 2007-06-28 · resigned 2007-07-02
Resigned
ABERGAN REED LIMITED→
corporate-director · appointed 2007-06-28 · resigned 2007-07-02
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property30/05/2022—
outstanding
Alliance and Leicester
Alliance and Leicester PLC
Legal charge1 property05/03/2008—
satisfied
Alliance & Leicester
Alliance & Leicester PLC
Debenture1 property16/07/200701/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04