1TIM617 LIMITED
🏛️Establishedactive
11097799 · ltd · incorporated 2017-12-05
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£32.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 79/100 (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 (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 3.4y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 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
79/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £32,824
Net assets shrinking
Down £5,003 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£33k
↓ 13% YoY
Current Assets
£6k
↑ 168% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £770.6k | £578.7k |
| Current assets | £5.8k | £2.2k |
| Net assets | £32.8k | £37.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-14➖BASTEN, Matthew Philip resigneddirector
- 2025-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-02🔒Charge registered #3Lender: Paragon Bank PLC
- 2024-01-10➕BASTEN, Matthew Philip appointeddirector
- 2023-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-13🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2023-01-13🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2022-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-05🏢Company incorporatedAs 1TIM617 LIMITED
- 2017-12-05➕BASTEN, Catherine Lindsay appointeddirector
- 2017-12-05➕BASTEN, Philip Jeremy appointeddirector
- 2017-12-05📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Catherine Lindsay Basten Individual · British · DOB 06/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/01/2020 |
Mr Philip Jeremy Basten Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/12/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 385 REAL ESTATE LIMITED→ 11110807 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| 3L PROPERTY INVESTMENT LTD→ 16372218 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3S MAKAN LIMITED→ 16051486 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 4 BIZ PROPERTIES LIMITED→ 11670600 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4 GLADESTONE ROAD LTD→ 14070110 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4 HARDMAN ST MANAGEMENT COMPANY LIMITED→ 16108832 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 4 MANCHESTER PROPERTY LTD→ 15965932 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 400 WILBRAHAM ROAD MANAGEMENT LIMITED→ 06053873 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 41B LIMITED→ 12491715 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 452 BURY NEW ROAD LTD→ 13706868 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 47 CENTRAL LIMITED→ 16381701 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Typeltd
Incorporated2017-12-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
69 Barkers Lane
Sale
M33 6SH
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04
Officers (2 active · 1 resigned)
BASTEN, Catherine Lindsay→
Activedirector · ~58y · appointed 2017-12-05
View their other companies + combined net worth →
BASTEN, Philip Jeremy→
Activedirector · ~59y · appointed 2017-12-05
View their other companies + combined net worth →
BASTEN, Matthew Philip→
Resigneddirector · ~32y · appointed 2024-01-10 · resigned 2025-01-14
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 02/05/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 13/01/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 13/01/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
change-person-director-company-with-change-date
officers · CH01
2025-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
termination-director-company-with-name-termination-date
officers · TM01
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
appoint-person-director-company-with-name-date
officers · AP01
2025-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-24