£AITH PROPERTY LIMITED

⚰️Wound downliquidation
11066329 · ltd · incorporated 2017-11-15
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2022
Net worth
£14.5k
book net assets
Opportunity
31/100
Pass
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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
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 31/100 (pass), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
4 connected companies via shared directors
57
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
31/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £14,495

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£14k
Current Assets
£69k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2022-03-31
Total assets£58.9k
Current assets£68.8k
Net assets£14.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-15
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  2. 2024-08-08
    ⚠️
    liquidation-disclaimer-notice
    insolvency · NDISC
  3. 2024-06-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-06-11
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  5. 2024-06-11
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-06-11
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  7. 2024-03-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2024-02-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-10-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-06-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-06-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2021-06-01
    ANDRUS, Paul appointed
    director
  18. 2020-11-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2020-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2019-08-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2017-11-15
    🏢
    Company incorporated
    As £AITH PROPERTY LIMITED
  22. 2017-11-15
    FATIMILEHIN, Jonathan appointed
    director
  23. 2017-11-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

4 high ·
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: 2023-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2023-11-28

Company in liquidation
high

Company is actively being wound up. Not a going concern.

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-07-15: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2024-08-08: liquidation-disclaimer-notice

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Andrus
Individual · British · DOB 04/1973 · age 53
5075%
50-75% shares25/01/2023
Mr Jonathan Fatimilehin
Individual · British · DOB 06/1976 · age 50
2550%
25-50% shares15/11/2017

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 →

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

11 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

Statusliquidation
Typeltd
Incorporated2017-11-15
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Seneca House/ Links Point
Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

Filing status

Accounts
Next due: 2023-12-31OVERDUE
Last made up to: 2022-03-31
Confirmation statement
Next due: 2023-11-28OVERDUE
Last: 2022-11-14

Officers (2 active · 0 resigned)

ANDRUS, Paul
director · ~53y · appointed 2021-06-01
View their other companies + combined net worth →
Active
FATIMILEHIN, Jonathan
director · ~50y · appointed 2017-11-15
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-07-15
liquidation-disclaimer-notice
insolvency · NDISC
2024-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-11
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2024-06-11
resolution
resolution · RESOLUTIONS
2024-06-11
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2024-06-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-03-20
gazette-notice-compulsory
gazette · GAZ1
2024-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21