46 AND 48-50 HIGH STREET WATFORD 2017 LIMITED
🏛️Establishedactive
11113584 · ltd · incorporated 2017-12-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 8.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (62/100)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
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
3
filings
- • 1 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-01-29🔒Charge registered #9Lender: Fonzie Finance Limited
- 2018-01-29🔒Charge registered #8Lender: Fonzie Finance Limited
- 2018-01-29🔒Charge registered #7Lender: Marson Financial Services Limited
- 2018-01-29🔒Charge registered #6Lender: Rosie Finance Limited
- 2018-01-29🔒Charge registered #5Lender: Marson Financial Services Limited
- 2018-01-29🔒Charge registered #4Lender: Rosie Finance Limited
- 2018-01-29🔒Charge registered #3Lender: Fonzie Finance Limited
- 2018-01-29🔒Charge registered #2Lender: Rosie Finance Limited
- 2018-01-29🔒Charge registered #1Lender: Marson Financial Services Limited
- 2017-12-15🏢Company incorporatedAs 46 AND 48-50 HIGH STREET WATFORD 2017 LIMITED
- 2017-12-15➕BECK, Laurence Jeremy appointeddirector
- 2017-12-15➕BERKO, Daniel Charles appointeddirector
Owner dependency
63/100
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.
- +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 signalLimited 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
1 low9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
154 Commercial Road Portsmouth 2018 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
154 Commercial Road Portsmouth 2018 Limited
Corporate parent · holds 75-100% shares
⬇
46 AND 48-50 HIGH STREET WATFORD 2017 LIMITED
This company · 11113584
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
154 Commercial Road Portsmouth 2018 Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/03/2024 |
2 historic (ceased) PSCs
- Mr Darren Andrew Werthceased 05/03/2024· 25-50% shares · 25-50% voting · firm interest
- Mr Laurence Jeremy Beckceased 05/03/2024· 50-75% shares · 50-75% voting · firm interest
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 →Similar companies
Active · Property · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 39 GAINSBOROUGH DRIVE MANAGEMENT COMPANY LIMITED→ 14303574 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4 C'S PROPERTY LIMITED→ 11683415 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4 MAJEK PROPERTY LTD→ 14688003 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 41 ESTATES LIMITED→ 16910749 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 428 HACKNEY ROAD LIMITED→ 05432347 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 444HOLDINGS LIMITED→ 14204666 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 45 HEWLETT ROAD LIMITED→ 05807420 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 45 LYNDHURST DRIVE LIMITED→ 09636035 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 45A/B LOCKHURST STREET LIMITED→ 07636332 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 46 WHITEGATE ROAD MANAGEMENT COMPANY LIMITED→ 14303348 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 46-54 KENNET STREET FREEHOLD LIMITED→ 16315158 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 461 KINGSLAND ROAD, LONDON LIMITED→ 03543040 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
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
Incorporated2017-12-15
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Quadrant House, Floor 6
4 Thomas More Square
London
E1W 1YW
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22
Officers (2 active · 0 resigned)
BECK, Laurence Jeremy→
Activedirector · ~57y · appointed 2017-12-15
View their other companies + combined net worth →
BERKO, Daniel Charles→
Activedirector · ~44y · appointed 2017-12-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
9
Outstanding
3
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fonzie Finance Fonzie Finance Limited | A registered charge | 1 property | 29/01/2018 | — | |
| outstanding | Fonzie Finance Fonzie Finance Limited | A registered charge | — | 29/01/2018 | — | |
| outstanding | Marson Financial Services Marson Financial Services Limited | A registered charge | — | 29/01/2018 | — | |
| outstanding | Rosie Finance Rosie Finance Limited | A registered charge | 1 property | 29/01/2018 | — | |
| outstanding | Marson Financial Services Marson Financial Services Limited | A registered charge | 1 property | 29/01/2018 | — | |
| outstanding | Rosie Finance Rosie Finance Limited | A registered charge | — | 29/01/2018 | — | |
| outstanding | Fonzie Finance Fonzie Finance Limited | A registered charge | 1 property | 29/01/2018 | — | |
| outstanding | Rosie Finance Rosie Finance Limited | A registered charge | 1 property | 29/01/2018 | — | |
| outstanding | Marson Financial Services Marson Financial Services Limited | A registered charge | 1 property | 29/01/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-24
change-person-director-company-with-change-date
officers · CH01
2024-11-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30