8MG PROPERTY LIMITED

💤Zombieactive
11390638 · ltd · incorporated 2018-05-31
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. 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

3 live charges · 3 lenders · oldest 5.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£5k£10k£14k£19k£24kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£283.5k
Current assets£10.2k
Cash£9.9k
Debtors£258
Net assets£24.1k
Average employees0

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 (22 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-10-06
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  4. 2025-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-01-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-01-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-07-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-07-04
    🔒
    Charge registered #2
    Lender: Charter Court Financial Services Limited
  13. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-10-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-05-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-05-14
    🔒
    Charge registered #1
    Lender: West Bromwich Commercial Limited
  18. 2021-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-03-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-05-31
    🏢
    Company incorporated
    As 8MG PROPERTY LIMITED
  22. 2018-05-31
    ARMSTRONG, Mark Steven appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Steven Armstrong
Individual · British · DOB 10/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/05/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2018-05-31
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

75 Willow Close
Burghfield
Reading
RG30 3SP
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-19
Last: 2026-05-05

Officers (1 active · 0 resigned)

ARMSTRONG, Mark Steven
director · ~39y · appointed 2018-05-31
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property06/10/2025
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property04/07/2022
outstanding
West Bromwich Commercial
West Bromwich Commercial Limited
A registered charge1 property14/05/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
change-person-director-company-with-change-date
officers · CH01
2024-01-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-01