44 GARNET STREET (FREEHOLD) COMPANY LTD

🏛️Establishedactive
10681209 · private-limited-guarant-nsc · incorporated 2017-03-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-13.6k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. 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 (65/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £13,568

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£14k
↓ 12% YoY
Current Assets
£3k
↑ 45% YoY
Current Liabilities
—
-£14k-£10k-£7k-£4k-£373£3kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-4.9k£-4.9k
Current assets£2.9k£2.0k
Net assets£-13.6k£-12.1k

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
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-31
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  2. 2026-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-25
    ➕
    CANAWAY, Gareth Justin, Mr. appointed
    director
  10. 2020-03-25
    ➕
    CANAWAY, Lesley appointed
    director
  11. 2020-03-25
    ➖
    MCGOUGH, Rujira resigned
    director
  12. 2020-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-09-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-11-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-10-09
    ➕
    MCGOUGH, Rujira appointed
    director
  19. 2018-10-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2018-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2018-08-01
    ➖
    MCGOUGH, John resigned
    director
  22. 2017-03-21
    🏢
    Company incorporated
    As 44 GARNET STREET (FREEHOLD) COMPANY LTD
  23. 2017-03-21
    ➕
    NOBLE, Nicholas John appointed
    director
  24. 2017-03-21
    ➕
    MCGOUGH, John appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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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
Typeprivate-limited-guarant-nsc
Incorporated2017-03-21
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

44 Garnet Street
Saltburn-By-The-Sea
TS12 1EN
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (3 active · 2 resigned)

CANAWAY, Gareth Justin, Mr.→
director · ~77y · appointed 2020-03-25
View their other companies + combined net worth →
Active
CANAWAY, Lesley→
director · ~56y · appointed 2020-03-25
View their other companies + combined net worth →
Active
NOBLE, Nicholas John→
director · ~68y · appointed 2017-03-21
View their other companies + combined net worth →
Active
MCGOUGH, John→
director · ~61y · appointed 2017-03-21 · resigned 2018-08-01
Resigned
MCGOUGH, Rujira→
director · ~54y · appointed 2018-10-09 · resigned 2020-03-25
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-29