11274193 LTD

🏛️Establishedactive
11274193 · ltd · incorporated 2018-03-26
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2020
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 45/100. 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 (53/100). Current lenders should be on monthly review.

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2019Mar 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2020-03-312019-03-31
Average employees100

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2024-02-15
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2024-02-15
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2021-08-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  4. 2021-08-17
    🏁
    Company dissolved
  5. 2021-01-30
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  6. 2021-01-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2021-01-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2020-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-04-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-03-26
    🏢
    Company incorporated
    As 11274193 LTD
  12. 2018-03-26
    GRIGG, Edward appointed
    director
  13. 2018-03-26
    GRIGG, Jason appointed
    director
  14. 2018-03-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +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

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 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: 2021-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2022-04-08

Group structure

Ferndale Construction South-East Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ferndale Construction South-East Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
11274193 LTD
This company · 11274193

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%
NameSharesVoting rightsNature of controlNotified
Ferndale Construction South-East Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/03/2018

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2018-03-26
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

10 Harmer Street
Gravesend
Kent
DA12 2AX
United Kingdom

Filing status

Accounts
Next due: 2021-12-31OVERDUE
Last made up to: 2020-03-31
Confirmation statement
Next due: 2022-04-08OVERDUE
Last: 2021-03-25

Officers (2 active · 0 resigned)

GRIGG, Edward
director · ~65y · appointed 2018-03-26
View their other companies + combined net worth →
Active
GRIGG, Jason
director · ~55y · appointed 2018-03-26
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

restoration-order-of-court
restoration · AC92
2024-02-15
certificate-change-of-name-company
change-of-name · CERTNM
2024-02-15
gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-07
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2021-01-30
gazette-notice-voluntary
gazette · GAZ1(A)
2021-01-12
dissolution-application-strike-off-company
dissolution · DS01
2021-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-01
incorporation-company
incorporation · NEWINC
2018-03-26