4PRINCIPLES CONSTRUCTION LTD

🌳Matureactive
09520453 · ltd · incorporated 2015-03-31
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£389.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
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
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £389,264

Key financials

2 years extracted from filed iXBRL accounts
Cash
£96k
Net Worth
£389k
Current Assets
£454k
Current Liabilities
£0£91k£181k£272k£363k£454kMar 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
Total assets£389.3k
Current assets£453.5k
Cash£96.1k
Debtors£348.4k
Net assets£389.3k
Average employees200

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-04-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-11-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2016-12-01
    BROWNE, Tracey Denise appointed
    director
  18. 2015-03-31
    🏢
    Company incorporated
    As 4PRINCIPLES CONSTRUCTION LTD
  19. 2015-03-31
    BROWNE, Philip Raymond appointed
    director

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
Moderate signal

Some 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Tracey Denise Browne
Individual · British · DOB 03/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting01/12/2016
Mr Philip Raymond Browne
Individual · British · DOB 07/1982 · age 44
2550%
25–50%25-50% shares · 25-50% 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

6 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
Incorporated2015-03-31
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

Alpha 6 Masterlord Office Village
West Road
Ipswich
Suffolk
IP3 9SX
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (2 active · 0 resigned)

BROWNE, Philip Raymond
director · ~44y · appointed 2015-03-31
View their other companies + combined net worth →
Active
BROWNE, Tracey Denise
director · ~46y · appointed 2016-12-01
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
change-person-director-company-with-change-date
officers · CH01
2023-01-17
change-person-director-company-with-change-date
officers · CH01
2023-01-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06