A & B PROPERTY LTD.
💤Zombieactive
10981703 · ltd · incorporated 2017-09-26
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 Sept 2024
Net worth
£-28.3k
book net assets
Opportunity
65/100
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
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 65/100 (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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
18 live charges · 5 lenders · oldest 7.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.7 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
18 charges (18/18 with lender, 18/18 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
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
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
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £28,264
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
Net Worth
-£28k
Current Assets
£33k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.20M | — |
| Current assets | £32.6k | — |
| Cash | £32.6k | — |
| Net assets | £-28.3k | — |
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
4
filings
- • 4 mortgage
Last 180 days
7
filings
- • 7 mortgage
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-25🔒Charge registered #18Lender: The Mortgage Lender Limited
- 2026-03-25🔓Charge satisfied #10
- 2026-03-25🔓Charge satisfied #9
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-18🔒Charge registered #17Lender: The Mortgage Works (UK) PLC
- 2025-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-10🔓Charge satisfied #15
- 2025-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-28🔒Charge registered #16Lender: The Mortgage Works (UK) PLC
- 2025-11-28🔒Charge registered #15Lender: The Mortgage Works (UK) PLC
- 2025-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04🔒Charge registered #14Lender: The Mortgage Works (UK) PLC
- 2025-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-28🔒Charge registered #13Lender: The Mortgage Works (UK) PLC
- 2025-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-27🔒Charge registered #12Lender: The Mortgage Works (UK) PLC
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04🔒Charge registered #11Lender: The Mortgage Works (UK) PLC
- 2024-12-18📄memorandum-articlesincorporation · MA
- 2024-10-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-28🔒Charge registered #10Lender: Paratus Amc Limited
- 2021-04-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-14🔒Charge registered #9Lender: Paratus Amc Limited
- 2020-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-20🔒Charge registered #8Lender: Paratus Amc Limited
- 2020-03-06🔒Charge registered #7Lender: Keystone Property Finance Limited
- 2020-03-06🔒Charge registered #6Lender: Keystone Property Finance Limited
- 2020-01-17🔒Charge registered #5Lender: Paratus Amc Limited
- 2019-08-16🔒Charge registered #4Lender: Paratus Amc Limited
- 2019-01-10🔒Charge registered #3Lender: Lloyds Bank PLC
- 2018-11-02🔒Charge registered #2Lender: Lloyds Bank PLC
- 2018-09-10🔒Charge registered #1Lender: Lloyds Bank PLC
- 2017-10-20➖GURUNG, Amrit Singh resigneddirector
- 2017-09-26🏢Company incorporatedAs A & B PROPERTY LTD.
- 2017-09-26➕GURUNG, Bandana appointeddirector
- 2017-09-26➕GURUNG, Amrit Singh 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
2 med · 1 low5 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-25: A registered charge; 2026-03-18: A registered charge; 2025-11-28: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
15 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 |
|---|---|---|---|---|
Mrs Bandana Gurung Individual · British · DOB 06/1971 · age 55 | 75–100% | — | 75-100% shares | 26/09/2017 |
1 historic (ceased) PSC
- Mr Amrit Singh Gurungceased 20/10/2017· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 WARD STREET LTD→ 13221283 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 123 PROPERTY LIMITED→ 12856999 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 345 PROPERTIES LIMITED→ 15149610 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 43 UPPER PARK MANAGEMENT LIMITED→ 04315704 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| 58 DISRAELI ROAD LIMITED→ 12813200 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 62 PONT STREET (FREEHOLD) LIMITED→ 05619817 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 6HW LIMITED→ 13594316 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 803 FULHAM ROAD LIMITED→ 06415400 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| A.B.L. STRUCTURAL PROJECTS LIMITED→ 01346787 · est 1978 · no financials extracted | — | — | — | — | 48y | — | — |
| A.BREWER LTD→ 16775271 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAG OWL PROPERTIES LIMITED→ 16291720 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AAMS ESTATE LIMITED→ 16250342 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2017-09-26
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
11 The Chase
Farnborough
Hampshire
GU14 8BY
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26
Officers (1 active · 1 resigned)
GURUNG, Bandana→
Activedirector · ~55y · appointed 2017-09-26
View their other companies + combined net worth →
GURUNG, Amrit Singh→
Resigneddirector · ~58y · appointed 2017-09-26 · resigned 2017-10-20
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
15
Outstanding
5
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 25/03/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/03/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 28/11/2025 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 28/11/2025 | 10/12/2025 | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 04/11/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 28/04/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/03/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 04/02/2025 | — | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 28/05/2021 | 25/03/2026 | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 14/04/2021 | 25/03/2026 | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 20/10/2020 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 06/03/2020 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 06/03/2020 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 17/01/2020 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 16/08/2019 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/01/2019 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/11/2018 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/09/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
memorandum-articles
incorporation · MA
2024-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-23