21 PLUMBERS ROW LIMITED
🏛️Establishedactive
10404148 · ltd · incorporated 2016-09-30
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (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 (73/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 8.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (62/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 7 with DOB)
90
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-01-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-01-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-14📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-18📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-28➖SMITH, Henry Thomas resigneddirector
- 2024-02-23➕REYNOLDS, Chelsea appointeddirector
- 2024-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-23🔓Charge satisfied #3
- 2023-11-23🔓Charge satisfied #2
- 2023-11-23🔓Charge satisfied #1
- 2023-06-08📄accounts-with-accounts-type-smallaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-smallaccounts · AA
- 2020-05-15📄accounts-with-accounts-type-smallaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-smallaccounts · AA
- 2018-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-11-09🔒Charge registered #6Lender: Investec Bank PLC
- 2018-11-09🔒Charge registered #5Lender: Investec Bank PLC
- 2018-11-09🔒Charge registered #4Lender: Investec Bank PLC
- 2018-05-29➕SPIRES, Christopher John appointeddirector
- 2018-05-29➖CARMICHAEL, James Scott resigneddirector
- 2018-05-29➕SMITH, Henry Thomas appointeddirector
- 2018-03-15🔒Charge registered #3Lender: The Utley Family Charitable Trust
- 2018-03-15🔒Charge registered #2Lender: Thorpe Finance Limited
- 2018-03-15🔒Charge registered #1Lender: Aitch Estates Limited
- 2017-05-11➖BALASURIYA, Rajasinghe resigneddirector
- 2017-05-11➕CARMICHAEL, James Scott appointeddirector
- 2017-05-11➖STEADMAN, Simon Christoffer resigneddirector
- 2016-09-30🏢Company incorporatedAs 21 PLUMBERS ROW LIMITED
- 2016-09-30➕BALASURIYA, Rajasinghe appointeddirector
- 2016-09-30➕SMITH, Henry Thomas appointeddirector
- 2016-09-30➖SMITH, Henry Thomas resigneddirector
- 2016-09-30➕STEADMAN, Simon Christoffer 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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Smith Family Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Smith Family Holdings Limited
Corporate parent · holds 25-50% shares
⬇
21 PLUMBERS ROW LIMITED
This company · 10404148
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rajasinghe Balasuriya Individual · British · DOB 08/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/12/2023 |
Smith Family Holdings Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2017 |
Neil Alan Utley Individual · British · DOB 01/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/05/2017 |
2 historic (ceased) PSCs
- Thorpe Finance Limitedceased 20/12/2023· 25-50% shares · 25-50% voting
- Childer Street Holdings Limitedceased 01/06/2017· 75-100% shares · 75-100% voting
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 · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 219SJS LTD→ 13694681 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 22 BISHOPSGATE (DEVCO) LIMITED→ 09411165 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 22 BISHOPSGATE (NOMINEE 1) LIMITED→ 09411189 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 24/7 ROOFING GROUP LTD→ 16785983 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 245 HAMMERSMITH ROAD GENERAL PARTNER LIMITED→ 10250842 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 247 DOOR LOCKSMITHS LTD→ 15665443 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 26 HS DEAL LTD→ 16590021 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 26 NEW CAVENDISH STREET LIMITED→ 00547022 · est 1955 · no financials extracted | — | — | — | — | 71y | — | — |
| 27 CW SM 2025 LTD→ 16659184 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 28 GROUNDWORKS AND CIVILS LTD→ 17018200 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2S CONSTRUCTIONS LTD→ 13606134 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 OCR LIMITED→ 11209672 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2016-09-30
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
1st Floor Cordy House
87-95 Curtain Road
London
EC2A 3BS
United Kingdom
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04
Officers (2 active · 5 resigned)
REYNOLDS, Chelsea→
Activedirector · ~39y · appointed 2024-02-23
View their other companies + combined net worth →
SPIRES, Christopher John→
Activedirector · ~60y · appointed 2018-05-29
View their other companies + combined net worth →
BALASURIYA, Rajasinghe→
Resigneddirector · ~64y · appointed 2016-09-30 · resigned 2017-05-11
CARMICHAEL, James Scott→
Resigneddirector · ~73y · appointed 2017-05-11 · resigned 2018-05-29
SMITH, Henry Thomas→
Resigneddirector · ~64y · appointed 2018-05-29 · resigned 2024-03-28
SMITH, Henry Thomas→
Resigneddirector · ~64y · appointed 2016-09-30 · resigned 2016-09-30
STEADMAN, Simon Christoffer→
Resigneddirector · ~60y · appointed 2016-09-30 · resigned 2017-05-11
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Investec Bank Investec Bank PLC | A registered charge | — | 09/11/2018 | — | |
| outstanding | Investec Bank Investec Bank PLC | A registered charge | — | 09/11/2018 | — | |
| outstanding | Investec Bank Investec Bank PLC | A registered charge | 1 property | 09/11/2018 | — | |
| satisfied | The Utley Family Charitable Trust | A registered charge | 1 property | 15/03/2018 | 23/11/2023 | |
| satisfied | Thorpe Finance Thorpe Finance Limited | A registered charge | 1 property | 15/03/2018 | 23/11/2023 | |
| satisfied | Aitch Estates Aitch Estates Limited | A registered charge | 1 property | 15/03/2018 | 23/11/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-small
accounts · AA
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-small
accounts · AA
2024-05-18
termination-director-company-with-name-termination-date
officers · TM01
2024-04-02
appoint-person-director-company-with-name-date
officers · AP01
2024-02-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-20
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-small
accounts · AA
2023-06-08