789 TRADING LIMITED

🌳Matureactive
08040076 · ltd · incorporated 2012-04-20
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 65-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 13.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 13.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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 (36 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-14
    CHENG, Yan resigned
    secretary
  3. 2025-10-14
    CHENG, Yan, Dr resigned
    director
  4. 2025-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2024-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-05-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2022-05-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2022-03-01
    QIN, Rongmin appointed
    director
  13. 2021-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2018-06-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2018-06-15
    QIN, Zhen appointed
    director
  20. 2017-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2017-12-19
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  22. 2016-06-16
    🔒
    Charge registered #3
    Lender: Coop-Investment Company LTD
  23. 2016-06-01
    🔓
    Charge satisfied #1
  24. 2016-02-06
    🔓
    Charge satisfied #2
  25. 2014-12-15
    CHEUNG, Wan Loi appointed
    director
  26. 2014-08-01
    CHENG, Yan, Dr appointed
    director
  27. 2014-08-01
    DING, Hong resigned
    director
  28. 2014-08-01
    QIN, Ruihua resigned
    director
  29. 2013-04-23
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  30. 2012-10-19
    🔒
    Charge registered #1
    Lender: 789 Investments LTD
  31. 2012-09-17
    DING, Hong appointed
    director
  32. 2012-09-17
    QIN, Rongmin resigned
    director
  33. 2012-04-20
    🏢
    Company incorporated
    As 789 TRADING LIMITED
  34. 2012-04-20
    CHENG, Yan appointed
    secretary
  35. 2012-04-20
    QIN, Rongmin appointed
    director
  36. 2012-04-20
    QIN, Ruihua appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CHENG, Yan resigned 2025-10-14; CHENG, Yan, Dr resigned 2025-10-14

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

789 Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
789 Investments Limited
Corporate parent · holds 75-100% shares
ultimate parent
789 TRADING LIMITED
This company · 08040076

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%
NameSharesVoting rightsNature of controlNotified
789 Investments Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/09/2017
1 historic (ceased) PSC
  • Mr Wan Loi Cheungceased 30/04/2022· significant influence · trust interest · firm interest

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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11y
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
Incorporated2012-04-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

12 New Era Square
Sheffield
S2 4BF
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (3 active · 5 resigned)

CHEUNG, Wan Loi
director · ~65y · appointed 2014-12-15
View their other companies + combined net worth →
Active
QIN, Rongmin
director · ~40y · appointed 2022-03-01
View their other companies + combined net worth →
Active
QIN, Zhen
director · ~35y · appointed 2018-06-15
View their other companies + combined net worth →
Active
CHENG, Yan
secretary · appointed 2012-04-20 · resigned 2025-10-14
Resigned
CHENG, Yan, Dr
director · ~67y · appointed 2014-08-01 · resigned 2025-10-14
Resigned
DING, Hong
director · ~44y · appointed 2012-09-17 · resigned 2014-08-01
Resigned
QIN, Rongmin
director · ~40y · appointed 2012-04-20 · resigned 2012-09-17
Resigned
QIN, Ruihua
director · ~56y · appointed 2012-04-20 · resigned 2014-08-01
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property19/12/2017
outstanding
Coop-Investment Company
Coop-Investment Company LTD
A registered charge1 property16/06/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property23/04/201306/02/2016
satisfied
789 Investments
789 Investments LTD
Loan agreement - legal charge1 property19/10/201201/06/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
termination-director-company-with-name-termination-date
officers · TM01
2025-10-14
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-05-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-12
appoint-person-director-company-with-name-date
officers · AP01
2022-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-10