25 BARNET LIMITED
🏛️Establishedactive
10202813 · ltd · incorporated 2016-05-27
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£872.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 7.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (84/100)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
16 connected companies via shared directors
90
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 102Positive net assets
Net assets £872,152
Very low cash
Cash position: £86
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£86
↓ 97% YoY
Net Worth
£872k
~ YoY
Current Assets
£35k
↑ 128% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £1.04M | £1.04M |
| Current assets | £34.7k | £15.2k |
| Cash | £86 | £2.7k |
| Debtors | £34.6k | £12.5k |
| Net assets | £872.2k | £870.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-13📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-12🔒Charge registered #2Lender: Handelsbanken PLC
- 2022-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-02-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-06-28🔒Charge registered #1Lender: Svenska Handelsbanken Ab (Publ)
- 2018-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-27🏢Company incorporatedAs 25 BARNET LIMITED
- 2016-05-27➕SELT, Lewis appointeddirector
- 2016-05-27➕SELT, Wayne Michael appointeddirector
Owner dependency
86/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 Lewis Selt Individual · British · DOB 08/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/05/2016 |
Mr Wayne Michael Selt Individual · British · DOB 08/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/05/2016 |
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 · Construction · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 140 HIGH ST CROWTHORNE FREEHOLD LTD→ 16562793 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 SGR LIMITED→ 13424072 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 27 YMR CONSTRUCTION LTD→ 15609575 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2B CONSTRUCTION LTD→ 15033471 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 PROPERTY DEVELOPERS LIMITED→ 11789156 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 3NJ LTD→ 10391753 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 40 LEWIN ROAD LIMITED→ 10650343 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 4MD DEVCO 1 LIMITED→ 17083124 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 575 FINCHLEY ROAD LIMITED→ 01659602 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| 6 NETHERFORD ROAD LIMITED→ 06042015 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 7OCEANSPVT LTD→ 13022482 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 888 ESTIMATING SERVICES LTD→ 11804815 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2016-05-27
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
C/O 25 Barnet Limited, The Brentano Suite Catalyst House
720 Centennial Court, Centennial Park
Elstree
Hertfordshire
WD6 3SY
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26
Officers (2 active · 0 resigned)
Active
SELT, Wayne Michael→
Activedirector · ~68y · appointed 2016-05-27
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
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 12/01/2023 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 28/06/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-08-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
change-account-reference-date-company-previous-extended
accounts · AA01
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-20