ASPIRE HOME DEVELOPMENTS LIMITED
🏛️Establishedactive
11375454 · ltd · incorporated 2018-05-22
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£235
book net assets
Opportunity
79/100
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 bankable structure.
Opportunity 79/100 (strong), bankability 80/100. 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
2 live charges · oldest 7.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
2 charges (2/2 with lender, 2/2 with type)
90
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
2 connected companies via shared directors
51
Filing history
28 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 · FRS 105 (micro)Positive net assets
Net assets £235
Net assets shrinking
Down £34,145 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£235
↓ 99% YoY
Current Assets
£21k
↓ 69% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £10.2k | £45.2k |
| Current assets | £20.8k | £67.6k |
| Net assets | £235 | £34.4k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-08🔓Charge satisfied #2
- 2020-06-15📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-15📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-14➕MORRIS, Christopher Barry appointeddirector
- 2019-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-16🔒Charge registered #2Lender: Lloyds Bank PLC
- 2019-07-29🔒Charge registered #1Lender: Lloyds Bank PLC
- 2018-05-22🏢Company incorporatedAs ASPIRE HOME DEVELOPMENTS LIMITED
- 2018-05-22➕MORRIS, Paula appointeddirector
Owner dependency
79/100
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 63 — approaching natural succession window.
- +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 signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Paula Morris Individual · British · DOB 11/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/05/2018 |
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 · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A WATSON PROPERTIES LIMITED→ 15107961 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMM CORNWALL LIMITED→ 16668212 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARLOUIE INVESTMENTS LIMITED→ 15718806 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARTHUR HIGGINS (PROPERTIES) LIMITED→ 08311410 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ARTUR PROPERTIES LTD→ 13551019 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASC PROPERTY MANAGEMENT LIMITED→ 07051020 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ATLANTEK LETTINGS LIMITED→ 16443214 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATLANTIC BAY HOTEL LIMITED→ 10250788 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ATLANTIC EDGE PROPERTY GROUP LIMITED→ 14696776 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTIC WATCH MANAGEMENT LTD→ 15699609 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AVENUE DEVELOPMENTS (CORNWALL) LIMITED→ 10820446 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AVENUE ROAD FALMOUTH MANAGEMENT CO LIMITED→ 02694225 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-05-22
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
116a Bedowan Meadows
Tretherras
Newquay
TR7 2SW
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-04
Last: 2026-05-21
Officers (2 active · 0 resigned)
MORRIS, Christopher Barry→
Activedirector · ~63y · appointed 2019-11-14
View their other companies + combined net worth →
MORRIS, Paula→
Activedirector · ~58y · appointed 2018-05-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 16/09/2019 | 08/04/2021 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 29/07/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-15
change-person-director-company-with-change-date
officers · CH01
2023-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-15
change-person-director-company-with-change-date
officers · CH01
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29