537 PROPERTIES LIMITED

💤Zombieactive
10310678 · ltd · incorporated 2016-08-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
£-1.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 9.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,404

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
-£1k-£1k-£802-£502-£201£100Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£815.1k£815.1k
Current assets£100£100
Net assets£-1.4k£-1.4k

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 (26 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2019-12-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2019-12-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2019-12-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2019-12-17
    🔓
    Charge satisfied #4
  12. 2019-12-17
    🔓
    Charge satisfied #3
  13. 2019-12-17
    🔓
    Charge satisfied #2
  14. 2019-12-17
    🔓
    Charge satisfied #1
  15. 2019-12-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2019-10-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-07-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2018-07-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-06-28
    🔒
    Charge registered #4
    Lender: Activtrades PLC
  21. 2018-06-28
    🔒
    Charge registered #3
    Lender: Activtrades PLC
  22. 2018-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2016-12-02
    🔒
    Charge registered #2
    Lender: Masthaven Property Finance Limited
  24. 2016-12-02
    🔒
    Charge registered #1
    Lender: Masthaven Property Finance Limited
  25. 2016-08-03
    🏢
    Company incorporated
    As 537 PROPERTIES LIMITED
  26. 2016-08-03
    ALI-ZADE, Alikhan appointed
    director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 62 — 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

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Alikhan Ali-Zade
Individual · British · DOB 11/1964 · age 62
75100%
75-100% shares03/08/2016

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

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
Incorporated2016-08-03
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

2 Cricket Court
Hackenden Lane
East Grinstead
West Sussex
RH19 3DN
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (1 active · 0 resigned)

ALI-ZADE, Alikhan
director · ~62y · appointed 2016-08-03
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Activtrades
Activtrades PLC
A registered charge3 properties28/06/201817/12/2019
satisfied
Activtrades
Activtrades PLC
A registered charge10 properties28/06/201817/12/2019
satisfied
Masthaven Property Finance
Masthaven Property Finance Limited
A registered charge02/12/201617/12/2019
satisfied
Masthaven Property Finance
Masthaven Property Finance Limited
A registered charge2 properties02/12/201617/12/2019

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-dormant
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-17
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-17
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-17