546 DEVELOPMENTS LTD
🏛️Establishedactive
11189337 · ltd · incorporated 2018-02-06
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
—
year to Feb 2025
Net worth
£405
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (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. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
16 live charges · 7 lenders · oldest 7.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.7 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
16 charges (16/16 with lender, 16/16 with type)
90
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
14 connected companies via shared directors
87
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
74
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 £405
Cash YoY
+968%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↑ 968% YoY
Net Worth
£405
↑ 100% YoY
Current Assets
£340k
↓ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £4.75M | £-560.4k |
| Current assets | £339.9k | £415.1k |
| Cash | £4.3k | £405 |
| Debtors | £335.5k | £414.7k |
| Net assets | £405 | £-560.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-06🔓Charge satisfied #13
- 2025-05-06🔓Charge satisfied #12
- 2025-05-02🔒Charge registered #16Lender: United Trust Bank Limited
- 2025-05-02🔒Charge registered #15Lender: United Trust Bank Limited
- 2025-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-20🔒Charge registered #14Lender: Joey Ben - Yoav
- 2025-02-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-13🔓Charge satisfied #9
- 2025-02-13🔓Charge satisfied #8
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-22🔒Charge registered #13Lender: Funding 365 Assets Limited
- 2024-04-22🔒Charge registered #12Lender: Funding 365 Assets Limited
- 2024-04-22🔒Charge registered #11Lender: West Rock Investments LTD
- 2023-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08🔓Charge satisfied #7
- 2023-06-08🔓Charge satisfied #6
- 2023-06-08🔓Charge satisfied #5
- 2023-06-08🔓Charge satisfied #4
- 2023-06-08🔓Charge satisfied #3
- 2023-06-08🔓Charge satisfied #2
- 2023-06-08🔓Charge satisfied #1
- 2023-05-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-25🔒Charge registered #9Lender: Concrete London Investments Limited
- 2023-05-25🔒Charge registered #8Lender: Concrete London Investments Limited
- 2023-05-21🔒Charge registered #10Lender: Yoav Ben - Yoav
- 2020-08-20🔒Charge registered #7Lender: Mizrahi Tefahot Bank Limited
- 2020-08-20🔒Charge registered #6Lender: Mizrahi Tefahot Bank Limited
- 2020-08-20🔒Charge registered #5Lender: Mizrahi Tefahot Bank Limited
- 2018-09-06🔒Charge registered #4Lender: Mizrahi Tefahot Bank Limited
- 2018-09-06🔒Charge registered #3Lender: Mizrahi Tefahot Bank Limited
- 2018-09-06🔒Charge registered #2Lender: Mizrahi Tefahot Bank Limited
- 2018-09-06🔒Charge registered #1Lender: Mizrahi Tefahot Bank Limited
- 2018-02-06🏢Company incorporatedAs 546 DEVELOPMENTS LTD
Showing most recent 50 of 52 events
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Joey Ben-Yoav Individual · British · DOB 09/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/02/2018 |
Mr Yoav Ben-Yoav Individual · British · DOB 09/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/02/2018 |
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 · Construction · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2GM CONSTRUCTION LTD→ 11389306 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4C - JAMESTOWN ROAD LTD→ 14373083 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4C ROCKET DEVELOPMENTS LIMITED→ 13296643 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 4S ELECTRICAL SOLUTIONS LTD→ 16021158 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 6 HIGH STREET LTD→ 16365295 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 60 ALDGATE LIMITED→ 13303792 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 61 MONTAGU LTD→ 16635682 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 63 KEW ROAD LIMITED→ 14544550 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 67 CLIFTON HILL LTD→ 01993912 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| 681 GROUP LTD→ 15184293 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 7 CONDUIT STREET LIMITED→ 15988922 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 709 HARROW ROAD LIMITED→ 14890738 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2018-02-06
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
72 Charteris Road
London
NW6 7EX
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02
Officers (2 active · 0 resigned)
BEN-YOAV, Joey→
Activedirector · ~39y · appointed 2018-02-06
View their other companies + combined net worth →
BEN-YOAV, Yoav→
Activedirector · ~42y · appointed 2018-02-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
5
Outstanding
4
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | United Trust Bank United Trust Bank Limited | A registered charge | 4 properties | 02/05/2025 | — | |
| outstanding | United Trust Bank United Trust Bank Limited | A registered charge | 4 properties | 02/05/2025 | — | |
| outstanding | Joey Ben - Yoav | A registered charge | 1 property | 20/02/2025 | — | |
| satisfied | Funding 365 Assets Funding 365 Assets Limited | A registered charge | 4 properties | 22/04/2024 | 06/05/2025 | |
| satisfied | Funding 365 Assets Funding 365 Assets Limited | A registered charge | 4 properties | 22/04/2024 | 06/05/2025 | |
| outstanding | West Rock Investments West Rock Investments LTD | A registered charge | 4 properties | 22/04/2024 | — | |
| satisfied | Concrete London Investments Concrete London Investments Limited | A registered charge | 3 properties | 25/05/2023 | 13/02/2025 | |
| satisfied | Concrete London Investments Concrete London Investments Limited | A registered charge | — | 25/05/2023 | 13/02/2025 | |
| outstanding | Yoav Ben - Yoav | A registered charge | 1 property | 21/05/2023 | — | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 20/08/2020 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 20/08/2020 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | 1 property | 20/08/2020 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 06/09/2018 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | 2 properties | 06/09/2018 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 06/09/2018 | 08/06/2023 | |
| satisfied | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | 2 properties | 06/09/2018 | 08/06/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07