APPLESTONE PROPERTIES LIMITED

🌳Matureactive
09791919 · ltd · incorporated 2015-09-23
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
£232.2k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

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 acceptable with review structure.

Opportunity 71/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 9.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 9.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
34 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
71/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £232,185

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£232k
↑ 2.2% YoY
Current Assets
£33k
↓ 9.1% YoY
Current Liabilities
£0£46k£93k£139k£186k£232kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£384.4k£379.4k
Current assets£32.5k£35.8k
Debtors£4.9k£4.9k
Net assets£232.2k£227.3k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2026-02-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-09-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-06-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2022-06-17
    🔒
    Charge registered #7
    Lender: Paragon Bank PLC
  10. 2022-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-03-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-03-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-03-11
    🔒
    Charge registered #6
    Lender: Paragon Bank PLC
  14. 2022-03-11
    🔒
    Charge registered #5
    Lender: Paragon Bank PLC
  15. 2021-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2020-06-30
    🔒
    Charge registered #4
    Lender: Cambridge and Counties Bank Limited
  18. 2020-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-09-24
    🔒
    Charge registered #3
    Lender: Cambridge & Counties Bank Limited
  21. 2018-01-05
    🔒
    Charge registered #2
    Lender: Heritage Commercial Finance Limited
  22. 2016-09-12
    🔒
    Charge registered #1
    Lender: Cambridge & Counties Bank Limited
  23. 2015-09-23
    🏢
    Company incorporated
    As APPLESTONE PROPERTIES LIMITED
  24. 2015-09-23
    APPLETON, Shaun Alan appointed
    director
  25. 2015-09-23
    GLADSTONE, Daniel James appointed
    director

Owner dependency

63/100
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.
  • +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

1 low
7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Daniel James Gladstone
Individual · British · DOB 02/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control · trust interest · firm interest01/09/2016

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 · HU postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A STAR PROPERTY LTD
09633098 · est 2015 · no financials extracted
10y
ALEXANDRA STANLEY PROPERTY LIMITED
12050618 · est 2019 · no financials extracted
6y
AM THOMAS PROPERTY LTD
12105623 · est 2019 · no financials extracted
6y
AMAZING LETS LIMITED
09700363 · est 2015 · no financials extracted
10y
AMBERAGE LIMITED
10900031 · est 2017 · no financials extracted
8y
APEX LETS LTD
16802923 · est 2025 · no financials extracted
APIEL PROPERTIES LTD
16988931 · est 2026 · no financials extracted
APS YORKSHIRE LTD
15112273 · est 2023 · no financials extracted
2y
AQJ PROPERTIES LIMITED
09237787 · est 2014 · no financials extracted
11y
AR & RD PROPERTIES LIMITED
14610597 · est 2023 · no financials extracted
3y
AR PROPERTY LETTINGS LIMITED
16119036 · est 2024 · no financials extracted
1y
ARBIR HOMES LTD
15081466 · 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
Incorporated2015-09-23
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

66 Annandale Road
Kirk Ella
Hull
HU10 7UP
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21

Officers (2 active · 0 resigned)

APPLETON, Shaun Alan
director · ~50y · appointed 2015-09-23
View their other companies + combined net worth →
Active
GLADSTONE, Daniel James
director · ~49y · appointed 2015-09-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

7
Total charges
7
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property17/06/2022
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property11/03/2022
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property11/03/2022
outstanding
Cambridge and Counties Bank
Cambridge and Counties Bank Limited
A registered charge1 property30/06/2020
outstanding
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge1 property24/09/2018
outstanding
Heritage Commercial Finance
Heritage Commercial Finance Limited
A registered charge1 property05/01/2018
outstanding
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge1 property12/09/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-06-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
change-person-director-company-with-change-date
officers · CH01
2023-09-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-15