A & B PROPERTIES (NORTH EAST) LIMITED
🏛️Establishedactive
10439030 · ltd · incorporated 2016-10-20
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 8.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£294.9k
book net assets
Opportunity
70/100
Strong
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 strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. 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 (58/100).
🏦
Refinance opportunity
5 live charges · oldest 8.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 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
Network not yet resolved
30
Filing history
37 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
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £294,885
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£295k
↑ 18% YoY
Current Assets
£18k
↑ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £792.9k | £730.7k |
| Current assets | £18.4k | £16.7k |
| Cash | — | £11.7k |
| Debtors | — | £5.0k |
| Net assets | £294.9k | £250.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- 2025-10-30📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2025-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-08🔒Charge registered #5Lender: Lloyds Bank PLC
- 2021-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-07🔒Charge registered #4Lender: Lloyds Bank PLC
- 2017-11-01🔒Charge registered #3Lender: Lloyds Bank PLC
- 2017-08-10🔒Charge registered #2Lender: Lloyds Bank PLC
- 2017-08-01🔒Charge registered #1Lender: Lloyds Bank PLC
- 2016-10-20🏢Company incorporatedAs A & B PROPERTIES (NORTH EAST) LIMITED
- 2016-10-20➕KHAN, Basharat appointeddirector
- 2016-10-20➕KHAN, Mohammed Asif 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.
- +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
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Asif Khan Individual · British · DOB 11/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/10/2016 |
Mr Basharat Khan Individual · British · DOB 12/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AA PROPERTY (NE) LTD→ 16921474 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA PROPRIETE LIMITED→ 13774346 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AA REAL ESTATE (NORTH EAST) LIMITED→ 17062016 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AA RESIDENCES LTD→ 14019494 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AAYRA CAPITAL LIMITED→ 15965206 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB & CK INVESTMENTS LTD→ 15219477 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB INVESTMENT GROUP HOLDINGS LIMITED→ 16626509 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB LETTINGS NE LTD→ 15912175 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB NORTHERN LIVING LIMITED→ 12279702 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOTSVALE PROPERTY MAINTENANCE LTD→ 10885612 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABE (NORTH EAST) LIMITED→ 16882619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERCROMBY ESTATES LIMITED→ 11749273 · 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
Incorporated2016-10-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Claim It! Ltd
106 Lobley Hill Road
Gateshead
NE8 4YG
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (2 active · 0 resigned)
KHAN, Basharat→
Activedirector · ~46y · appointed 2016-10-20
View their other companies + combined net worth →
KHAN, Mohammed Asif→
Activedirector · ~50y · appointed 2016-10-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/02/2022 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 6 properties | 07/12/2018 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 01/11/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/08/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 01/08/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-01
change-person-director-company-with-change-date
officers · CH01
2023-10-31
change-person-director-company-with-change-date
officers · CH01
2023-10-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-31
change-person-director-company-with-change-date
officers · CH01
2023-10-31