MI7 PROJECTS LIMITED
🌳Matureactive
06593042 · ltd · incorporated 2008-05-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£190.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 1.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.6 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
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
82/100Exceptional
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
80
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 105 (micro)Positive net assets
Net assets £190,817
Net assets shrinking
Down £363,959 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£191k
↓ 66% YoY
Current Assets
£492k
↓ 46% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £190.8k | £554.8k |
| Current assets | £491.9k | £903.6k |
| Net assets | £190.8k | £554.8k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-08-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-09🔒Charge registered #2Lender: GB Bank Limited
- 2024-10-09🔒Charge registered #1Lender: GB Bank Limited
- 2024-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-05📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2013-09-13➕ISHTIAQ, Sahira appointeddirector
- 2013-09-13➕ISHTIAQ, Sahira appointeddirector
- 2013-09-13➖ISHTIAQ, Sahira resigneddirector
- 2013-09-13➖ISHTIAQ, Umair resigneddirector
- 2008-05-14🏢Company incorporatedAs MI7 PROJECTS LIMITED
- 2008-05-14➕ISHTIAQ, Sahira appointedsecretary
- 2008-05-14➕ISHTIAQ, Mohammed appointeddirector
- 2008-05-14➕ISHTIAQ, Umair appointeddirector
- 2008-05-14➕INSTANT COMPANIES LIMITED appointedcorporate-director
- 2008-05-14➖INSTANT COMPANIES LIMITED resignedcorporate-director
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Ishtiaq Individual · British · DOB 07/1955 · age 71 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 01/07/2016 |
Mrs Sahira Ishtiaq Individual · British · DOB 10/1956 · age 70 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/02/2024 |
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 · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 19 SK LTD→ 12616882 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 226 (NW) LTD→ 15248569 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 PROPERTY SERVICES LIMITED→ 15968714 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3F PROPERTIES LTD→ 15668801 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3H MANAGEMENT LIMITED→ 13121426 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 456 PROPERTIES LTD→ 11451696 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 5 MARLBOROUGH ROAD FLATS RTM COMPANY LIMITED→ 10378338 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 56 FULWOOD ROW LTD→ 15982721 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 644 LONGMOOR LANE LTD→ 13929005 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 666 PROPERTY LIMITED→ 12681693 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 7 ROCK HOMES LTD→ 11552494 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 732M LTD→ 16765045 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2008-05-14
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis
Registered office
Pegasus House 5 Winckley Court
Mount Street
Preston
Lancashire
PR1 8BU
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20
Officers (3 active · 3 resigned)
Active
ISHTIAQ, Mohammed→
Activedirector · ~71y · appointed 2008-05-14
View their other companies + combined net worth →
ISHTIAQ, Sahira→
Activedirector · ~70y · appointed 2013-09-13
View their other companies + combined net worth →
ISHTIAQ, Sahira→
Resigneddirector · ~69y · appointed 2013-09-13 · resigned 2013-09-13
ISHTIAQ, Umair→
Resigneddirector · ~46y · appointed 2008-05-14 · resigned 2013-09-13
INSTANT COMPANIES LIMITED→
Resignedcorporate-director · appointed 2008-05-14 · resigned 2008-05-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | GB Bank GB Bank Limited | A registered charge | 3 properties | 09/10/2024 | — | |
| outstanding | GB Bank GB Bank Limited | A registered charge | 1 property | 09/10/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
change-person-director-company-with-change-date
officers · CH01
2025-08-20
change-person-director-company-with-change-date
officers · CH01
2025-08-20
change-person-secretary-company-with-change-date
officers · CH03
2025-08-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
termination-director-company-with-name-termination-date
officers · TM01
2024-02-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-06
appoint-person-director-company-with-name-date
officers · AP01
2024-02-06