1ST FOR BUY TO LET HOMES LTD

💤Zombieactive
11059589 · ltd · incorporated 2017-11-13
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 Oct 2021
Net worth
£80.0k
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

34 live charges · 2 lenders · oldest 8.4y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

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
34 charges (34/34 with lender, 34/34 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 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
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £80,037

Key financials

1 year extracted from filed iXBRL accounts
Cash
£9k
Net Worth
£80k
Current Assets
£541k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2021-10-31
Total assets£80.0k
Current assets£541.0k
Cash£9.1k
Debtors£39.6k
Net assets£80.0k

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
  • • 1 gazette
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (90 events)Click to expand
  1. 2025-12-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-05-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-04-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-11-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-04-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2024-04-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-10-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2023-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2022-12-23
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    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2022-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2022-12-23
    🔓
    Charge satisfied #34
  24. 2022-12-23
    🔓
    Charge satisfied #33
  25. 2022-12-23
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    Charge satisfied #29
  26. 2022-12-23
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    Charge satisfied #28
  27. 2022-12-23
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    Charge satisfied #27
  28. 2022-12-23
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    Charge satisfied #26
  29. 2022-12-23
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    Charge satisfied #25
  30. 2022-12-23
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    Charge satisfied #24
  31. 2022-12-23
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    Charge satisfied #23
  32. 2022-12-23
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    Charge satisfied #22
  33. 2022-12-23
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    Charge satisfied #21
  34. 2022-12-23
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    Charge satisfied #20
  35. 2022-12-23
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    Charge satisfied #19
  36. 2022-12-23
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    Charge satisfied #18
  37. 2022-12-23
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    Charge satisfied #17
  38. 2022-12-23
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    Charge satisfied #16
  39. 2022-12-23
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    Charge satisfied #15
  40. 2022-12-23
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    Charge satisfied #13
  41. 2022-12-23
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    Charge satisfied #14
  42. 2022-12-23
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    Charge satisfied #12
  43. 2022-12-23
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    Charge satisfied #11
  44. 2022-12-23
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    Charge satisfied #10
  45. 2022-12-23
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    Charge satisfied #9
  46. 2022-12-23
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    Charge satisfied #8
  47. 2022-12-23
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    Charge satisfied #7
  48. 2022-12-23
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    Charge satisfied #6
  49. 2022-12-23
    🔓
    Charge satisfied #5
  50. 2022-12-23
    🔓
    Charge satisfied #4
Showing most recent 50 of 90 events

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-01-30

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Holt
Individual · British · DOB 10/1972 · age 54
75–100%
75–100%board control75-100% shares · 75-100% voting · board control13/11/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2017-11-13
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Onward Chambers
34 Market Street
Hyde
SK14 1AH
United Kingdom

Filing status

Accounts
Next due: 2024-01-30OVERDUE
Last made up to: 2021-10-31
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12

Officers (2 active · 0 resigned)

HOLT, Mark→
secretary · appointed 2017-11-13
View their other companies + combined net worth →
Active
HOLT, Mark→
director · ~54y · appointed 2017-11-13
View their other companies + combined net worth →
Active

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

Mortgages & charges

34
Total charges
3
Outstanding
1
Active lenders
Status:Lender:34 of 34 shown
TypeProperties
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property11/07/202223/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property11/07/202223/12/2022
outstanding
Together Money
Together Commercial Finance Limited
A registered charge3 properties13/05/2022—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge3 properties13/05/2022—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property27/09/2021—
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property24/09/202123/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property19/07/202123/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property21/04/202123/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property23/03/202123/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property20/11/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property21/10/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/09/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property09/09/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property21/08/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property21/08/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property02/04/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limted
A registered charge1 property02/04/202023/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property11/12/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/12/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property03/12/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property14/11/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property13/11/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property23/10/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property14/05/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property14/05/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property26/03/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property26/03/201923/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/10/201823/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/10/201823/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property09/10/201823/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property09/10/201823/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property16/05/201823/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property22/12/201723/12/2022
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property22/12/201723/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-05-16
gazette-notice-compulsory
gazette · GAZ1
2025-04-01
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-04-13
gazette-notice-compulsory
gazette · GAZ1
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
change-account-reference-date-company-current-shortened
accounts · AA01
2023-10-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-31
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-23