40 PGT LIMITED
💤Zombieactive
11428787 · ltd · incorporated 2018-06-22
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 Dec 2024
Net worth
£5
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 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
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £5
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£5
Current Assets
£5
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-25 | 2023-12-25 |
|---|---|---|
| Total assets | £5 | — |
| Current assets | £5 | — |
| Net assets | £5 | — |
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 (31 events)Click to expand
- 2025-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-24📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-04-23➖HOYLE, Stephen Lewis resigneddirector
- 2025-04-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-09📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2022-01-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-06-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-21➖DAWS, Arthur Malcolm resigneddirector
- 2021-06-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-19➖LPS ACCOUNTANTS LIMITED resignedcorporate-secretary
- 2020-10-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-01📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-30➕LPS ACCOUNTANTS LIMITED appointedcorporate-secretary
- 2019-10-17➖FOSTER, Lee Varey resigneddirector
- 2019-10-17➕HOYLE, Stephen Lewis appointeddirector
- 2019-10-11➖MAY, John William, Mr. resignedsecretary
- 2018-10-01➕KHATKAR, Hamesh appointeddirector
- 2018-10-01➕DAWS, Arthur Malcolm appointeddirector
- 2018-10-01➕FOSTER, Lee Varey appointeddirector
- 2018-10-01➖MAY, John William, Mr. resigneddirector
- 2018-06-22🏢Company incorporatedAs 40 PGT LIMITED
- 2018-06-22➕MAY, John William, Mr. appointedsecretary
- 2018-06-22➕MAY, John William, Mr. appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hamesh Khatkar Individual · British · DOB 01/1992 · age 34 | — | — | sig. influencesignificant influence | 13/09/2024 |
1 historic (ceased) PSC
- Mr. John William Mayceased 30/09/2018· 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 37 KNIGHTSBRIDGE LTD→ 15570213 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 37 SPENCER ROAD (W3) FREEHOLD LTD→ 15158703 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 37-41 MORTIMER NOMINEE 2 LTD→ 10179318 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 38 SCARSDALE VILLAS LIMITED→ 03249326 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| 38GP LDN UK PTE LTD→ 14954213 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3A INVESTS LIMITED→ 16377838 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3C CORE LTD→ 17050206 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3Y CONCEPTS LTD→ 14511164 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 40 HACKNEY ROAD FREEHOLD LIMITED→ 12961747 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 40 WINDSOR ROAD RESIDENTS ASSOCIATION LIMITED→ 02113683 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| 402 STRAND LIMITED→ 04422736 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 406 CONSULTANCY COMPANY LIMITED→ 16439926 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-06-22
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
40 Palace Gardens Terrace
London
W8 4RP
England
Filing status
Accounts
Next due: 2026-09-25
Last made up to: 2024-12-25
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04
Officers (1 active · 6 resigned)
KHATKAR, Hamesh→
Activedirector · ~34y · appointed 2018-10-01
View their other companies + combined net worth →
MAY, John William, Mr.→
Resignedsecretary · appointed 2018-06-22 · resigned 2019-10-11
LPS ACCOUNTANTS LIMITED→
Resignedcorporate-secretary · appointed 2019-10-30 · resigned 2020-10-19
DAWS, Arthur Malcolm→
Resigneddirector · ~96y · appointed 2018-10-01 · resigned 2021-06-21
FOSTER, Lee Varey→
Resigneddirector · ~84y · appointed 2018-10-01 · resigned 2019-10-17
HOYLE, Stephen Lewis→
Resigneddirector · ~71y · appointed 2019-10-17 · resigned 2025-04-23
MAY, John William, Mr.→
Resigneddirector · ~71y · appointed 2018-06-22 · resigned 2018-10-01
Click a director name to see their full track record across all companies.
Recent filings (41 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-24
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-04-24
termination-director-company-with-name-termination-date
officers · TM01
2025-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-06
second-filing-of-director-appointment-with-name
officers · RP04AP01
2022-03-09