24 HANLEY ROAD LIMITED
🌳Matureactive
06889643 · ltd · incorporated 2009-04-28
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-8.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £8,245
Cash YoY
+38%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↑ 38% YoY
Net Worth
-£8k
↓ 3.7% YoY
Current Assets
£2k
↓ 75% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-8.2k | £-7.9k |
| Current assets | £1.8k | £7.5k |
| Cash | £1.8k | £1.3k |
| Debtors | — | £6.1k |
| Net assets | £-8.2k | £-7.9k |
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
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-01-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-11-26➕MICHAELS, Bianca Lisa appointeddirector
- 2009-04-28🏢Company incorporatedAs 24 HANLEY ROAD LIMITED
- 2009-04-28➕MICHAELS, Mishellis appointeddirector
- 2009-04-28➕QA REGISTRARS LIMITED appointedcorporate-secretary
- 2009-04-28➖QA REGISTRARS LIMITED resignedcorporate-secretary
- 2009-04-28➕COWAN, Graham Michael appointeddirector
- 2009-04-28➖COWAN, Graham Michael resigneddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 17 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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
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 |
|---|---|---|---|---|
Mrs Bianca Lisa Michaels Individual · British · DOB 07/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/12/2020 |
Mr Mishellis Michaels Individual · British · DOB 07/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Christos Kallonas Michaelsceased 19/12/2020· 25-50% shares · 25-50% voting
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 · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12 WOODSIDE LIMITED→ 13523759 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 13G PROPERTY LIMITED→ 13382618 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 16 NORTHDOWN AVENUE LTD→ 10559222 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 18 PROPERTIES LIMITED→ 16935087 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1BTR LTD→ 16608283 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST CHOICE LETS LIMITED→ 16648895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2 AYM LIMITED→ 16718100 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 20 SOUTH STREET FREEHOLD LIMITED→ 12058472 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 22 CHALVEY ROAD EAST LIMITED→ 13269851 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 24/7 DEVELOPMENTS LTD→ 16962092 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 25 TEMPLE ROAD FREEHOLD LIMITED→ 14542421 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 25 TEMPLE ROAD LEASEHOLDS LIMITED→ 15287346 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2009-04-28
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
C/O Michael Filiou Ltd Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (2 active · 2 resigned)
MICHAELS, Bianca Lisa→
Activedirector · ~51y · appointed 2015-11-26
View their other companies + combined net worth →
MICHAELS, Mishellis→
Activedirector · ~50y · appointed 2009-04-28
View their other companies + combined net worth →
QA REGISTRARS LIMITED→
Resignedcorporate-secretary · appointed 2009-04-28 · resigned 2009-04-28
COWAN, Graham Michael→
Resigneddirector · ~83y · appointed 2009-04-28 · resigned 2009-04-28
Click a director name to see their full track record across all companies.
Recent filings (57 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-12
change-person-director-company-with-change-date
officers · CH01
2023-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-15