236 WATERS GARDEN LIMITED
💤Zombieactive
10619676 · ltd · incorporated 2017-02-14
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 Dec 2024
Net worth
—
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (strong), bankability 57/100. 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 (58/100).
🏦
Refinance opportunity
14 live charges · 4 lenders · oldest 9.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|
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
2
filings
- • 2 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-08-27📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-28📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-12-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05🔓Charge satisfied #14
- 2023-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-25🔒Charge registered #14Lender: Icici Bank UK PLC
- 2022-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-15📄memorandum-articlesincorporation · MA
- 2022-12-15🔒Charge registered #13Lender: Onesavings Bank PLC
- 2022-12-14📄resolutionresolution · RESOLUTIONS
- 2022-06-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-13🔒Charge registered #12Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #11Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #10Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #9Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #8Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #7Lender: Onesavings Bank PLC
- 2022-06-13🔒Charge registered #6Lender: Onesavings Bank PLC
- 2020-06-23🔒Charge registered #5Lender: West One Secured Loans Limited
- 2020-06-23🔓Charge satisfied #4
- 2020-06-23🔓Charge satisfied #3
- 2020-06-23🔓Charge satisfied #2
- 2020-06-23🔓Charge satisfied #1
- 2018-03-08🔒Charge registered #4Lender: Bridgeco Limited
- 2018-03-08🔒Charge registered #3Lender: Bridgeco Limited
- 2018-01-17➖ROTHSCHILD, Bracha resigneddirector
- 2017-08-23➕ROTHSCHILD, Bracha appointeddirector
- 2017-06-20🔒Charge registered #2Lender: Bridgeco Limited
- 2017-06-20🔒Charge registered #1Lender: Bridgeco Limited
- 2017-02-14🏢Company incorporatedAs 236 WATERS GARDEN LIMITED
- 2017-02-14➕FRIEDMAN, Sydney appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sydney Friedman Individual · Hungarian · DOB 04/1991 · age 35 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/02/2017 |
1 historic (ceased) PSC
- Mrs Bracha Rothschildceased 17/01/2018· 25-50% shares · 25-50% 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 · Property · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST QUALITY GROUP LIMITED→ 10851721 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 21 ST FAITHS ROAD MANAGEMENT CO LIMITED→ 07874207 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 21BG LTD→ 14907760 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 21KENT INV LTD→ 16121285 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 220A BCL LTD→ 16316054 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 225 MARSH WALL COMMERCIALCO LIMITED→ 15837870 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 23 ROCHESTER ROAD LIMITED→ 09343061 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 23 SIMONDS ROAD FREEHOLD LIMITED→ 14209804 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 23.6 ROOMS LTD→ 13857156 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 232 GROVE GREEN ROAD LIMITED→ 03815112 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 24 FIX GROUP LTD→ 16518718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24 PARKWAY LTD→ 12567074 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2017-02-14
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
66 Peregrine Court, Clapton Common
London
E5 9AN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28
Officers (1 active · 1 resigned)
FRIEDMAN, Sydney→
Activedirector · ~35y · appointed 2017-02-14
View their other companies + combined net worth →
ROTHSCHILD, Bracha→
Resigneddirector · ~36y · appointed 2017-08-23 · resigned 2018-01-17
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
9
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Icici Bank UK Icici Bank UK PLC | A registered charge | 1 property | 25/01/2023 | 05/07/2023 | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 15/12/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 13/06/2022 | — | |
| outstanding | West One Secured Loans West One Secured Loans Limited | A registered charge | 1 property | 23/06/2020 | — | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 08/03/2018 | 23/06/2020 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 08/03/2018 | 23/06/2020 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 2 properties | 20/06/2017 | 23/06/2020 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 20/06/2017 | 23/06/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-10
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-09-13
gazette-notice-compulsory
gazette · GAZ1
2024-08-27
change-account-reference-date-company-current-shortened
accounts · AA01
2024-03-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-05