2 RED HOUSING LTD
🌳Matureactive
09270899 · ltd · incorporated 2014-10-20
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
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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
24 live charges · 5 lenders · oldest 10.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — 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
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 300 |
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 (54 events)Click to expand
- 2025-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07🔒Charge registered #24Lender: Paratus Amc Limited
- 2025-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-18🔒Charge registered #23Lender: Charter Court Financial Services Limited
- 2021-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-03🔒Charge registered #22Lender: Aldermore Bank PLC
- 2020-09-03🔒Charge registered #21Lender: Aldermore Bank PLC
- 2020-09-03🔒Charge registered #20Lender: Aldermore Bank PLC
- 2020-09-03🔒Charge registered #19Lender: Aldermore Bank PLC
- 2020-09-03🔒Charge registered #18Lender: Aldermore Bank PLC
- 2020-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-18🔓Charge satisfied #8
- 2020-08-18🔓Charge satisfied #7
- 2020-08-18🔓Charge satisfied #6
- 2020-08-18🔓Charge satisfied #5
- 2020-08-18🔓Charge satisfied #4
- 2020-08-18🔓Charge satisfied #3
- 2020-08-18🔓Charge satisfied #2
- 2020-08-18🔓Charge satisfied #1
- 2018-12-20🔒Charge registered #17Lender: Paragon Bank PLC
- 2018-08-17🔒Charge registered #16Lender: Paragon Bank PLC
- 2018-07-31🔒Charge registered #15Lender: Paragon Bank PLC
- 2018-05-31🔒Charge registered #14Lender: Charter Court Financial Services Limited
- 2018-05-31🔒Charge registered #13Lender: Charter Court Financial Services Limited
- 2018-05-31🔒Charge registered #12Lender: Charter Court Financial Services Limited
- 2018-05-31🔒Charge registered #11Lender: Charter Court Financial Services Limited
- 2018-05-31🔒Charge registered #10Lender: Charter Court Financial Services Limited
- 2018-05-31🔒Charge registered #9Lender: Charter Court Financial Services Limited
- 2017-03-02🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2017-03-02🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2016-03-31🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2016-03-31🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2016-03-31🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2016-03-23🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2016-03-22🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 54 events
Owner dependency
71/100
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.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
41/100
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.
- 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.
16 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 Gurdeep Singh Lall Individual · British · DOB 01/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
Mr Manjit Singh Lall Individual · British · DOB 11/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
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 · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2341 CLARENCE ST KINGSTON UT (FREEHOLDCO) LIMITED→ 12298708 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3034 ST ANDREW SQ EDINBURGH HN (LEASECO) LIMITED→ 17105879 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 313 STARS LIMITED→ 15969909 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3233 CHICHESTER EAST STREET (FREEHOLDCO) LIMITED→ 14846358 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3424 PARISHES SC SCUNTHORPE (FREEHOLDCO) LIMITED→ 11730442 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3442 MIDDLESBROUGH LINTHORPE (FREEHOLDCO) LIMITED→ 13808704 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3443 LEEDS BRIGGATE (FREEHOLDCO) LIMITED→ 13808640 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 35 WESTHOLME LTD→ 15493936 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 38 FRITH ROAD LTD→ 14804487 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3D PROPERTY LTD→ 10942090 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 3K REAL ESTATE LTD→ 16862624 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3TEES KONSULT LTD→ 14883864 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2014-10-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Lamorna Court 43 Wollaton Road
Beeston
Nottingham
NG9 2NG
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20
Officers (2 active · 0 resigned)
LALL, Gurdeep Singh→
Activedirector · ~49y · appointed 2014-10-20
View their other companies + combined net worth →
LALL, Manjit Singh→
Activedirector · ~55y · appointed 2014-10-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
16
Outstanding
4
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 07/11/2025 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 18/10/2021 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2020 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/12/2018 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 17/08/2018 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 31/07/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 31/05/2018 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/03/2017 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/03/2017 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 31/03/2016 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 31/03/2016 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 31/03/2016 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/03/2016 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 22/03/2016 | 18/08/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 02/03/2016 | 18/08/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-16