ALLERTON STEEL (PROPERTY) LIMITED
🌳Matureactive
06856494 · ltd · incorporated 2009-03-24
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
£649.2k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 16.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.9 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
65 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £649,240
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£649k
↑ 11% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.91M | £1.91M |
| Net assets | £649.2k | £583.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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 (37 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-07🔒Charge registered #8Lender: Npifii Debt Nw LP Acting by North West Loans Npif Gp Limited Acting by Fw Capital Limited
- 2025-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-10🔒Charge registered #7Lender: Npif Ii-Debt Nw LP (Acting by Its General Partner) Fwc Npifii Debt Gp Limited Acting by Fw Capital Limited
- 2024-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-26🔒Charge registered #6Lender: Npif Nw Debt LP
- 2023-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25➕GATENBY, Andrew Robert appointeddirector
- 2023-05-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-20🔒Charge registered #5Lender: Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
- 2022-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-18📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2022-10-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-18📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2022-10-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-18🔓Charge satisfied #4
- 2022-10-18🔓Charge satisfied #3
- 2022-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-17📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2019-09-17🔓Charge satisfied #2
- 2019-09-17🔓Charge satisfied #1
- 2009-07-16🔒Charge registered #4Lender: Barclays Bank PLC
- 2009-07-08🔒Charge registered #3Lender: Barclays Bank PLC
- 2009-07-08🔒Charge registered #2Lender: Herald Trustees Limited as Trustees of the John Gatenby Sub-Trust
- 2009-07-01🔒Charge registered #1Lender: Herald Trustees Limited as Trustees of the John Gatenby Sub-Trust
- 2009-05-22➕GATENBY, John appointeddirector
- 2009-05-22➖CUERDEN, Simon Paul resigneddirector
- 2009-05-22➖IMCO DIRECTOR LIMITED resignedcorporate-director
- 2009-03-24🏢Company incorporatedAs ALLERTON STEEL (PROPERTY) LIMITED
- 2009-03-24➕CUERDEN, Simon Paul appointeddirector
- 2009-03-24➕IMCO DIRECTOR LIMITED appointedcorporate-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 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — GATENBY, Andrew Robert (same surname) appointed 2023-05-25. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 80 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 17 years.
- secondaryStable-but-static management: Company is 17 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 John Gatenby Individual · British · DOB 05/1946 · age 80 | — | — | sig. influencesignificant influence · trust interest | 06/04/2016 |
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 →Similar companies
Active · Property · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R.B ESTATES LTD→ 13256144 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABL ESTATES NE LTD→ 16059195 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AHCR PROPERTIES LTD→ 12326325 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ PROPERTY DEVELOPMENT AND RENTALS LIMITED→ 16700237 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AK NORTH EAST PROPERTY SPECIALIST LIMITED→ 13136895 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALDWORTH NORTH PROPERTIES LIMITED→ 12750752 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALJ PROPERTY INVESTMENT LTD→ 13206167 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL IN A ROWE LIMITED→ 16863944 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL IN ONE BUSINESS CENTRE LIMITED→ 15869091 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLERTON PROPERTY MANAGEMENT LTD.→ 09605701 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALLURE PROPCO (BC) LIMITED→ 05835250 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALMIT PROPERTIES LIMITED→ 06642506 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2009-03-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Allerton House
Thurston Road
Northallerton
DL6 2NA
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (2 active · 2 resigned)
GATENBY, Andrew Robert→
Activedirector · ~52y · appointed 2023-05-25
View their other companies + combined net worth →
GATENBY, John→
Activedirector · ~80y · appointed 2009-05-22
View their other companies + combined net worth →
CUERDEN, Simon Paul→
Resigneddirector · ~61y · appointed 2009-03-24 · resigned 2009-05-22
IMCO DIRECTOR LIMITED→
Resignedcorporate-director · appointed 2009-03-24 · resigned 2009-05-22
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
4
Outstanding
4
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Npifii Debt Nw LP Acting by North West Loans Npif Gp Acting by Fw Capital Npifii Debt Nw LP Acting by North West Loans Npif Gp Limited Acting by Fw Capital Limited | A registered charge | 2 properties | 07/10/2025 | — | |
| outstanding | Npif Ii-Debt Nw LP (Acting by Its General Partner) Fwc Npifii Debt Gp Acting by Fw Capital Npif Ii-Debt Nw LP (Acting by Its General Partner) Fwc Npifii Debt Gp Limited Acting by Fw Capital Limited | A registered charge | 2 properties | 10/09/2025 | — | |
| outstanding | Npif Nw Debt LP | A registered charge | 2 properties | 26/02/2024 | — | |
| outstanding | Npif Nw Debt LP Acting by North West Loans Npif Gp as the General Partner of Npif Nw Debt LP Acting by Fw Capital Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited | A registered charge | 2 properties | 20/04/2023 | — | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 16/07/2009 | 18/10/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/07/2009 | 18/10/2022 | |
| satisfied | Herald Trustees as Trustees of the John Gatenby Sub-Trust Herald Trustees Limited as Trustees of the John Gatenby Sub-Trust | Legal charge | 1 property | 08/07/2009 | 17/09/2019 | |
| satisfied | Herald Trustees as Trustees of the John Gatenby Sub-Trust Herald Trustees Limited as Trustees of the John Gatenby Sub-Trust | Debenture | 1 property | 01/07/2009 | 17/09/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
appoint-person-director-company-with-name-date
officers · AP01
2023-05-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2022-10-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-18