47-51 NORTH ROAD LIMITED
🌳Matureactive
06788121 · ltd · incorporated 2009-01-12
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£7.55M
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 2 lenders · oldest 10.4y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
74
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 £7,548,161
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£7.5m
~ YoY
Current Assets
£2.9m
↑ 7.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £11.17M | £11.21M |
| Current assets | £2.89M | £2.68M |
| Cash | — | £111.2k |
| Debtors | — | £2.57M |
| Net assets | £7.55M | £7.50M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
- • 5 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-27🔓Charge satisfied #5
- 2025-11-27🔓Charge satisfied #4
- 2025-11-27🔓Charge satisfied #3
- 2025-11-27🔓Charge satisfied #2
- 2025-11-27🔓Charge satisfied #1
- 2025-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07🔒Charge registered #7Lender: Handelsbanken PLC
- 2025-11-07🔒Charge registered #6Lender: Handelsbanken PLC
- 2025-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-12📍change-sail-address-company-with-new-addressaddress · AD02
- 2025-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-02-01📄gazette-notice-compulsorygazette · GAZ1
- 2022-01-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-01➕BHIKHA, Aqeela appointeddirector
- 2021-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-05-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-05-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-03-19🔒Charge registered #5Lender: Lloyds Bank PLC
- 2019-02-10➖BHIKHA, Akeela resigneddirector
- 2018-10-01➕BHIKHA, Akeela appointeddirector
- 2016-08-06➕MISTER, Anas appointeddirector
- 2016-08-06➖BHIKHA, Aqeela resigneddirector
- 2016-01-20🔒Charge registered #4Lender: Lloyds Bank PLC
- 2015-12-23🔒Charge registered #3Lender: Lloyds Bank PLC
- 2015-12-23🔒Charge registered #2Lender: Lloyds Bank PLC
- 2015-12-23🔒Charge registered #1Lender: Lloyds Bank PLC
- 2009-10-01➖MISTER, Yakub resignedsecretary
- 2009-10-01➕BHIKHA, Aqeela appointeddirector
- 2009-10-01➖MISTER, Anas resigneddirector
- 2009-01-12🏢Company incorporatedAs 47-51 NORTH ROAD LIMITED
- 2009-01-12➕MISTER, Yakub appointedsecretary
- 2009-01-12➕MISTER, Anas appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Afar Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Afar Group Ltd
Corporate parent · holds 75-100% shares
⬇
47-51 NORTH ROAD LIMITED
This company · 06788121
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Afar Group Ltd Corporate entity | 75–100% | — | 75-100% shares | 01/05/2021 |
1 historic (ceased) PSC
- Mr Anas Misterceased 01/05/2021· significant influence
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.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2009-01-12
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation
Registered office
Mayfield
Brettargh Drive
Lancaster
LA1 5BN
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07
Officers (2 active · 4 resigned)
BHIKHA, Aqeela→
Activedirector · ~44y · appointed 2022-01-01
View their other companies + combined net worth →
MISTER, Anas→
Activedirector · ~48y · appointed 2016-08-06
View their other companies + combined net worth →
MISTER, Yakub→
Resignedsecretary · appointed 2009-01-12 · resigned 2009-10-01
BHIKHA, Akeela→
Resigneddirector · ~44y · appointed 2018-10-01 · resigned 2019-02-10
BHIKHA, Aqeela→
Resigneddirector · ~44y · appointed 2009-10-01 · resigned 2016-08-06
MISTER, Anas→
Resigneddirector · ~48y · appointed 2009-01-12 · resigned 2009-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 07/11/2025 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | — | 07/11/2025 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 19/03/2019 | 27/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 20/01/2016 | 27/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/12/2015 | 27/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/12/2015 | 27/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/12/2015 | 27/11/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-27
change-sail-address-company-with-new-address
address · AD02
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-08-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-01