AFFORDABLE HOMES IN MANCHESTER LIMITED
🌳Matureactive
08223572 · ltd · incorporated 2012-09-21
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 Sept 2025
Net worth
£593.8k
book net assets
Opportunity
69/100
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. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (50/100).
🏦
Refinance opportunity
29 live charges · 6 lenders · oldest 9.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 9.7 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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
29 charges (29/29 with lender, 29/29 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
81 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
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 £593,806
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£594k
↑ 6.2% YoY
Current Assets
£41k
↑ 184% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £2.08M | £2.06M |
| Current assets | £41.2k | £14.5k |
| Net assets | £593.8k | £559.0k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 1 accounts
- • 1 miscellaneous
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
- 2026-06-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-27📄legacymiscellaneous · RP01PSC01
- 2026-02-04📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-07-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-18🔒Charge registered #29Lender: Fleet Mortgages Limited
- 2022-10-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23🔒Charge registered #28Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2022-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-25🔒Charge registered #27Lender: Paragon Bank PLC
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-15🔒Charge registered #26Lender: Paragon Bank PLC
- 2022-07-11🔒Charge registered #24Lender: Paragon Bank PLC
- 2022-07-11🔒Charge registered #23Lender: Paragon Bank PLC
- 2022-07-06🔒Charge registered #25Lender: Paragon Bank PLC
- 2022-06-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-20🔒Charge registered #22Lender: Paragon Bank PLC
- 2022-06-20🔒Charge registered #21Lender: Paragon Bank PLC
- 2022-06-20🔒Charge registered #20Lender: Paragon Bank PLC
- 2022-06-20🔒Charge registered #19Lender: Paragon Bank PLC
- 2021-10-22🔓Charge satisfied #1
- 2021-09-30🔒Charge registered #17Lender: Paragon Bank PLC
- 2021-09-30🔒Charge registered #16Lender: Paragon Bank PLC
- 2021-09-28🔒Charge registered #18Lender: Paragon Bank PLC
- 2021-08-26🔒Charge registered #15Lender: Paragon Bank PLC
- 2021-04-28🔒Charge registered #14Lender: Lendinvest Btl Limited
- 2020-08-26🔒Charge registered #13Lender: Paragon Bank PLC
- 2020-07-03🔒Charge registered #12Lender: Paragon Bank PLC
- 2020-06-26🔒Charge registered #11Lender: Paragon Bank PLC
- 2020-04-30🔒Charge registered #10Lender: Paratus Amc Limited
- 2020-01-29🔒Charge registered #9Lender: Paragon Bank PLC
- 2020-01-29🔒Charge registered #8Lender: Paragon Bank PLC
- 2019-09-27➕MILLS, Victoria appointeddirector
- 2019-08-06🔓Charge satisfied #4
- 2019-08-06🔓Charge satisfied #3
- 2019-08-06🔓Charge satisfied #2
- 2019-08-02🔒Charge registered #7Lender: Paragon Bank PLC
- 2019-08-02🔒Charge registered #6Lender: Paragon Bank PLC
Showing most recent 50 of 60 events
Owner dependency
66/100
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.
- +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
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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.
25 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Mills Individual · British · DOB 12/1980 · age 46 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Victoria Mills Individual · British · DOB 12/1983 · age 43 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence · firm interest | 14/03/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Property · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & P BRAUNTON LIMITED→ 09395803 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| A.R.J.S BUILDINGS LTD→ 15120443 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM CARTER PROPERTIES LTD→ 14731918 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANTAGE RESIDENTIAL LTD→ 10923629 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AHS PROPERTY RENTALS LIMITED→ 16713424 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AITKEN STONE LIMITED→ 10251320 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALBION COURT MANAGEMENT COMPANY (BRIXHAM) LIMITED→ 04560551 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFS FISH & CHIPS LIMITED→ 05700629 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ALL GUYS LTD→ 14492312 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLIANCE INVESTMENTS PROPERTIES LIMITED→ 12913178 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALPHA EFRIDES LIMITED→ 16757895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALPHABET CAPITAL GROUP LIMITED→ 12122585 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2012-09-21
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
24 Audley Avenue
Torquay
TQ2 7PD
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (3 active · 1 resigned)
Active
MILLS, Christopher→
Activedirector · ~46y · appointed 2012-09-21
View their other companies + combined net worth →
MILLS, Victoria→
Activedirector · ~43y · appointed 2019-09-27
View their other companies + combined net worth →
WHITTAM, Victoria→
Resigneddirector · ~43y · appointed 2012-09-21 · resigned 2012-09-28
Click a director name to see their full track record across all companies.
Mortgages & charges
29
Total charges
25
Outstanding
5
Active lenders
Status:Lender:29 of 29 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 18/11/2022 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 23/09/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 25/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 15/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 11/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 11/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 06/07/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 30/09/2021 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 30/09/2021 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 28/09/2021 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 26/08/2021 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 28/04/2021 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 26/08/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 03/07/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 26/06/2020 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 30/04/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 29/01/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 29/01/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 02/08/2019 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 02/08/2019 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 02/08/2019 | — | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 25/10/2016 | 06/08/2019 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 24/10/2016 | 06/08/2019 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 07/10/2016 | 06/08/2019 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 04/10/2016 | 22/10/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (81 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-17
legacy
miscellaneous · RP01PSC01
2026-02-27
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-25