3 UNDER PROPERTIES LIMITED
🏛️Establishedactive
10317147 · ltd · incorporated 2016-08-08
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 9.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 67/100. 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 (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 9.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 9.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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, 2 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
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
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 persons-with-significant-control
Last 180 days
1
filing
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-18🔓Charge satisfied #1
- 2024-12-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-06📄memorandum-articlesincorporation · MA
- 2024-11-06📄resolutionresolution · RESOLUTIONS
- 2024-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄capital-name-of-class-of-sharescapital · SH08
- 2024-10-30➕TAYLOR, Dennis John appointeddirector
- 2024-10-30📄capital-allotment-sharescapital · SH01
- 2024-10-22🔒Charge registered #2Lender: Ebor Trustees Limited
- 2024-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-07-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-07-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-12➕IVEL, Cassandra Jay appointeddirector
- 2020-05-12➖BARDGETT, Daniel Richard Philip resigneddirector
- 2020-05-12➖GWILLIAM, Michael Edward resigneddirector
- 2016-09-30🔒Charge registered #1Lender: Ivel Business Consultancy Limited
- 2016-08-08🏢Company incorporatedAs 3 UNDER PROPERTIES LIMITED
- 2016-08-08➕IVEL, Nicholas appointeddirector
- 2016-08-08➕BARDGETT, Daniel Richard Philip appointeddirector
- 2016-08-08➕GWILLIAM, Michael Edward appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Dennis John Taylor Individual · British · DOB 04/1967 · age 59 | 25–50% | — | 25-50% shares | 22/10/2024 |
Mr Nicholas Ivel Individual · British · DOB 02/1963 · age 63 | 25–50% | 75–100% | 75-100% shares · 75-100% voting | 08/08/2016 |
2 historic (ceased) PSCs
- Mr Daniel Richard Philip Bardgettceased 03/07/2020· 25-50% shares · 25-50% voting · board control · significant influence
- Mr Michael Edward Gwilliamceased 03/07/2020· 25-50% shares · 25-50% voting · board control · significant influence
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 · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 APEX WAY LTD→ 12132717 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 11 PARK PLACE (LEEDS) LTD→ 16031203 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 13 BEACH LAWN LTD→ 13857462 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 1822 PROPERTIES LIMITED→ 16326619 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1876 PROPERTIES LTD→ 16305272 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST PLACE PROPERTIES LTD→ 13279496 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 27DST LIMITED→ 16247410 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2BHK PROPERTIES LTD→ 13789953 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2C DIGS LIMITED→ 15986052 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 PARK CRESCENT (FREEHOLD) LIMITED→ 14241173 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 302 LTD→ 15142862 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 32-36 WESTGATE MANAGEMENT LIMITED→ 09040170 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2016-08-08
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
3 Bowling Green Terrace
Leeds
LS11 9SP
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-21
Last: 2025-08-07
Officers (3 active · 2 resigned)
IVEL, Cassandra Jay→
Activedirector · ~37y · appointed 2020-05-12
View their other companies + combined net worth →
IVEL, Nicholas→
Activedirector · ~63y · appointed 2016-08-08
View their other companies + combined net worth →
TAYLOR, Dennis John→
Activedirector · ~59y · appointed 2024-10-30
View their other companies + combined net worth →
BARDGETT, Daniel Richard Philip→
Resigneddirector · ~52y · appointed 2016-08-08 · resigned 2020-05-12
GWILLIAM, Michael Edward→
Resigneddirector · ~47y · appointed 2016-08-08 · resigned 2020-05-12
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ebor Trustees / David Gordon Massey / Gail Massey as Trustees of the Oaktree Pension Scheme Ebor Trustees Limited / David Gordon Massey / Gail Massey as Trustees of the Oaktree Pension Scheme | A registered charge | 1 property | 22/10/2024 | — | |
| satisfied | Ivel Business Consultancy Ivel Business Consultancy Limited | A registered charge | 1 property | 30/09/2016 | 18/12/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-03
memorandum-articles
incorporation · MA
2024-11-06
resolution
resolution · RESOLUTIONS
2024-11-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-05
capital-name-of-class-of-shares
capital · SH08
2024-10-31
capital-allotment-shares
capital · SH01
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08