2020 GROUP UK DEVELOPMENTS LIMITED

💤Zombieactive
09384182 · ltd · incorporated 2015-01-12
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 Dec 2024
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 42/100. Strong seller-intent signal (65/100, director aged 63). Asset purchase likely safer than share purchase given structural signals. 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

9 live charges · 5 lenders · oldest 9.7y

15/100
under pressure

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

  • · Oldest live charge is 9.7 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 10 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
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
51
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees100100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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 (61 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-04-30
    🔓
    Charge satisfied #9
  9. 2025-04-30
    🔓
    Charge satisfied #8
  10. 2025-04-30
    🔓
    Charge satisfied #7
  11. 2025-04-30
    🔓
    Charge satisfied #6
  12. 2025-04-30
    🔓
    Charge satisfied #4
  13. 2025-04-30
    🔓
    Charge satisfied #1
  14. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2024-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2024-06-12
    KHALIQ, Naurin Niaz appointed
    director
  17. 2024-06-12
    MUSHTAQ, Mohammed Arif resigned
    director
  18. 2024-06-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2024-06-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2024-06-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2023-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2023-06-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  23. 2023-05-04
    ⚠️
    liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
    insolvency · CVA3
  24. 2023-04-29
    📄
    legacy
    miscellaneous · ANNOTATION
  25. 2023-04-26
    ⚠️
    liquidation-voluntary-arrangement-completion
    insolvency · CVA4
  26. 2023-04-04
    📄
    capital-name-of-class-of-shares
    capital · SH08
  27. 2023-03-24
    📄
    memorandum-articles
    incorporation · MA
  28. 2023-03-24
    📄
    resolution
    resolution · RESOLUTIONS
  29. 2023-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2023-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2023-01-30
    MOBASSHAR, Shehla resigned
    director
  32. 2023-01-30
    MUSHTAQ, Mohammed Arif appointed
    director
  33. 2023-01-30
    MUSHTAQ, Mohammed Arif resigned
    director
  34. 2023-01-30
    NIAZ, Mobasshar resigned
    director
  35. 2022-11-10
    MOBASSHAR, Shehla appointed
    director
  36. 2022-10-11
    KHAN, Shahid Rashid resigned
    director
  37. 2022-10-10
    MUSHTAQ, Mohammed Arif appointed
    director
  38. 2022-10-06
    NIAZ, Mobasshar appointed
    director
  39. 2020-04-30
    MUSHTAQ, Mohammed Arif resigned
    director
  40. 2020-04-01
    KHAN, Shahid Rashid appointed
    director
  41. 2020-04-01
    MUSHTAQ, Mohammed Arif appointed
    director
  42. 2020-04-01
    MUSHTAQ, Mohammed Arif resigned
    director
  43. 2019-08-12
    🔓
    Charge satisfied #3
  44. 2019-08-12
    🔓
    Charge satisfied #2
  45. 2019-08-09
    🔒
    Charge registered #9
    Lender: Together Commercial Finance Limited
  46. 2019-08-09
    🔒
    Charge registered #8
    Lender: Together Commercial Finance Limited
  47. 2019-08-09
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  48. 2019-08-09
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limtied
  49. 2018-05-11
    🔒
    Charge registered #5
    Lender: Heritage Commercial Finance Limited
  50. 2017-05-15
    MAHMOOD, Adel resigned
    secretary
Showing most recent 50 of 61 events

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 2 med ·
2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-05-04: liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date; 2023-04-26: liquidation-voluntary-arrangement-completion

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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

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

🏛️
Aspen Spring Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
2020 GROUP UK DEVELOPMENTS LIMITED
This company · 09384182

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
Aspen Spring Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/05/2023
1 historic (ceased) PSC
  • Mr Mohammed Arif Mushtaqceased 12/06/2024· 25-50% shares · 25-50% voting · board control

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

9 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
Incorporated2015-01-12
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

12 Seckar Lane
Woolley
Wakefield
WF4 2LE
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (1 active · 10 resigned)

KHALIQ, Naurin Niaz
director · ~63y · appointed 2024-06-12
View their other companies + combined net worth →
Active
MAHMOOD, Adel
secretary · appointed 2016-08-17 · resigned 2017-05-15
Resigned
KHAN, Shahid Rashid
director · ~67y · appointed 2020-04-01 · resigned 2022-10-11
Resigned
MAHMOOD, Adel
director · ~48y · appointed 2015-10-01 · resigned 2016-08-24
Resigned
MAHMOOD, Adel
director · ~48y · appointed 2015-01-12 · resigned 2015-02-16
Resigned
MOBASSHAR, Shehla
director · ~49y · appointed 2022-11-10 · resigned 2023-01-30
Resigned
MUSHTAQ, Mohammed Arif
director · ~64y · appointed 2023-01-30 · resigned 2024-06-12
Resigned
MUSHTAQ, Mohammed Arif
director · ~64y · appointed 2022-10-10 · resigned 2023-01-30
Resigned
MUSHTAQ, Mohammed Arif
director · ~64y · appointed 2020-04-01 · resigned 2020-04-30
Resigned
MUSHTAQ, Mohammed Arif
director · ~64y · appointed 2015-01-12 · resigned 2020-04-01
Resigned
NIAZ, Mobasshar
director · ~60y · appointed 2022-10-06 · resigned 2023-01-30
Resigned

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

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Together Money
Together Commercial Finance Limited
A registered charge2 properties09/08/201930/04/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge09/08/201930/04/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property09/08/201930/04/2025
satisfied
Together Money
Together Commercial Finance Limtied
A registered charge09/08/201930/04/2025
outstanding
Heritage Commercial Finance
Heritage Commercial Finance Limited
A registered charge1 property11/05/2018
satisfied
Together Money
Together Commercial Finance Limited
A registered charge2 properties08/03/201730/04/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge3 properties01/03/201712/08/2019
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge1 property30/11/201612/08/2019
satisfied
Lancashire Mortgage Corporation Trading as Together
Lancashire Mortgage Corporation LTD Trading as Together
A registered charge4 properties01/09/201630/04/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-06-25
termination-director-company-with-name-termination-date
officers · TM01
2024-06-12
appoint-person-director-company-with-name-date
officers · AP01
2024-06-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30