A G COMMERCIAL PROPERTIES LIMITED

💤Zombieactive
08878858 · ltd · incorporated 2014-02-06
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
72/100
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
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 12.3y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
Few red 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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees100100

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2017-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2017-11-30
    🔓
    Charge satisfied #2
  12. 2017-11-30
    🔓
    Charge satisfied #1
  13. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-07-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-06-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-09-22
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  19. 2014-09-22
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  20. 2014-05-02
    🔒
    Charge registered #2
    Lender: Lancashire Mortgage Corporation Limited
  21. 2014-03-25
    🔒
    Charge registered #1
    Lender: Lancashire Mortgage Corporation Limited
  22. 2014-02-06
    🏢
    Company incorporated
    As A G COMMERCIAL PROPERTIES LIMITED
  23. 2014-02-06
    PATEL, Mustaq Ahmed Ismail appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • 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
medium

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mustaq Ahmed Ismail Patel
Individual · British · DOB 11/1972 · age 54
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated2014-02-06
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Adhan House 1st Floor
52a Preston New Road
Blackburn
Lancashire
BB2 6AH
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (1 active · 0 resigned)

PATEL, Mustaq Ahmed Ismail
director · ~54y · appointed 2014-02-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Santander
Santander UK PLC
A registered charge3 properties22/09/2014
outstanding
Santander
Santander UK PLC
A registered charge22/09/2014
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge2 properties02/05/201430/11/2017
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge2 properties25/03/201430/11/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-10