15 UNION STREET LIMITED
🌳Matureactive
10135380 · ltd · incorporated 2016-04-20
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£220.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 80/100. 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 (73/100).
🏦
Refinance opportunity
2 live charges · oldest 10.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 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
7 connected companies via shared directors
66
Filing history
29 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £220,478
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£220k
↑ 9.4% YoY
Current Assets
£20k
↑ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £221.8k | £202.8k |
| Current assets | £19.8k | £13.2k |
| Net assets | £220.5k | £201.5k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-09-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-07📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-07📄capital-name-of-class-of-sharescapital · SH08
- 2017-04-03📄resolutionresolution · RESOLUTIONS
- 2016-05-20🔒Charge registered #2Lender: Santander UK PLC
- 2016-05-20🔒Charge registered #1Lender: Santander UK PLC
- 2016-04-20🏢Company incorporatedAs 15 UNION STREET LIMITED
- 2016-04-20➕HARPER, David John Ronksley Elliott appointeddirector
- 2016-04-20➕MACNAUGHTON, Robert Magnus appointeddirector
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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Harper Individual · British · DOB 08/1963 · age 63 | 25–50% | — | 25-50% shares | 01/01/2021 |
Mr Robert Magnus Macnaughton Individual · British · DOB 08/1963 · age 63 | 25–50% | — | 25-50% shares | 01/01/2021 |
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 · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1.618 INVESTMENTS LTD→ 11684419 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 119 WIGHTMAN ROAD MANAGEMENT COMPANY LIMITED→ 11730257 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 12 WOODSIDE LIMITED→ 13523759 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 13G PROPERTY LIMITED→ 13382618 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 14 TEMPERLEY ROAD (RESIDENTS) LIMITED→ 02718426 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| 157 GREAT NORTH WAY LTD→ 12788012 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 16 NORTHDOWN AVENUE LTD→ 10559222 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 17 WESTFIELD INVESTMENT LTD→ 16272683 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 18 PROPERTIES LIMITED→ 16935087 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1BTR LTD→ 16608283 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST CHOICE LETS LIMITED→ 16648895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST CONSTRUCTION (UK) LTD→ 04182140 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
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
Incorporated2016-04-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
White Lodge
Hadley Green Road
Barnet
EN5 5PY
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12
Officers (2 active · 0 resigned)
HARPER, David John Ronksley Elliott→
Activedirector · ~63y · appointed 2016-04-20
View their other companies + combined net worth →
MACNAUGHTON, Robert Magnus→
Activedirector · ~63y · appointed 2016-04-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 2 properties | 20/05/2016 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 2 properties | 20/05/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-07
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-28