09831784 LIMITED

🌳Matureactive
09831784 · ltd · incorporated 2015-10-20
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 Sept 2018
Net worth
£223.8k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

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
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
12 connected companies via shared directors
81
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £223,850
Cash draining
Cash down 81% YoY
Cash YoY
-81%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£124k
↓ 81% YoY
Net Worth
£224k
↑ 20450% YoY
Current Assets
£974k
↓ 2.7% YoY
Current Liabilities
-£1k£199k£400k£601k£801k£1.0mSept 2017Sept 2018

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2018-09-302017-09-30
Total assets£223.8k£-1.1k
Current assets£974.4k£1.00M
Cash£124.4k£658.9k
Debtors£850.0k
Net assets£223.8k£-1.1k

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 (15 events)Click to expand
  1. 2024-03-04
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  2. 2024-02-28
    📄
    restoration-order-of-court
    restoration · AC92
  3. 2024-02-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2019-11-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  5. 2019-11-05
    🏁
    Company dissolved
  6. 2019-08-20
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2019-08-07
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2019-06-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2018-06-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2017-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-07-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2015-10-20
    🏢
    Company incorporated
    As 09831784 LIMITED
  13. 2015-10-20
    ALDERTON, Daniel John appointed
    director
  14. 2015-10-20
    CULLETON, Sean appointed
    director
  15. 2015-10-20
    📄
    incorporation-company
    incorporation · NEWINC

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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2020-09-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2019-11-02

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Sean Culleton
Individual · British · DOB 08/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting19/10/2016
Mr Daniel John Alderton
Individual · British · DOB 09/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting19/10/2016

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

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.

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Company details

Statusactive
Typeltd
Incorporated2015-10-20
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

1-3 High Street
Great Dunmow
Essex
CM6 1UU
United Kingdom

Filing status

Accounts
Next due: 2020-09-30OVERDUE
Last made up to: 2018-09-30
Confirmation statement
Next due: 2019-11-02OVERDUE
Last: 2018-10-19

Officers (2 active · 0 resigned)

ALDERTON, Daniel John
director · ~63y · appointed 2015-10-20
View their other companies + combined net worth →
Active
CULLETON, Sean
director · ~63y · appointed 2015-10-20
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

change-of-name-notice
change-of-name · CONNOT
2024-03-04
restoration-order-of-court
restoration · AC92
2024-02-28
certificate-change-of-name-company
change-of-name · CERTNM
2024-02-28
gazette-dissolved-voluntary
gazette · GAZ2(A)
2019-11-05
gazette-notice-voluntary
gazette · GAZ1(A)
2019-08-20
dissolution-application-strike-off-company
dissolution · DS01
2019-08-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-10-24
accounts-with-accounts-type-dormant
accounts · AA
2017-07-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2017-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-04
incorporation-company
incorporation · NEWINC
2015-10-20