A28 LTD
🏛️Establishedactive
11447124 · ltd · incorporated 2018-07-04
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 7.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£8.8k
book net assets
Opportunity
79/100
Strong
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
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
1 live charge · oldest 7.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 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
10 connected companies via shared directors
75
Filing history
20 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 · accounting standard not declaredPositive net assets
Net assets £8,803
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£9k
↑ 8616% YoY
Current Assets
£4k
↓ 96% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £284.2k | £366.1k |
| Current assets | £3.7k | £85.6k |
| Net assets | £8.8k | £101 |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-05📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-01-05📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2022-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-13📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2020-04-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-01🔒Charge registered #1Lender: Onesavings Bank PLC
- 2018-07-04🏢Company incorporatedAs A28 LTD
- 2018-07-04➕BANATVALA, Jonathan appointeddirector
- 2018-07-04➕NOCK, Melanie Claire appointeddirector
- 2018-07-04📄incorporation-companyincorporation · NEWINC
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +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 64. 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Melanie Claire Nock Individual · British · DOB 04/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/07/2018 |
Mr Jonathan Banatvala Individual · British · DOB 05/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/07/2018 |
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 · TN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & C ASHMORE HOLDINGS LTD→ 16174567 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 PORTFOLIO INVESTMENTS LTD→ 14957727 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AAA FUTURES DEVELOPMENT LIMITED→ 16550002 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAIISEN ASSOCIATES LIMITED→ 15222124 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB ESTATE RENTALS LTD→ 11503661 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABACUS STORAGE LIMITED→ 09887484 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBCAT LTD→ 16525579 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY PROPERTY LIMITED→ 09579509 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBEYDALE 2024 LIMITED→ 15484575 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBOTT & ABBOTT ESTATE AGENTS LIMITED→ 11072479 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABBY WATERS MANAGEMENT LIMITED→ 07377458 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABCD PROPERTY LIMITED→ 16963889 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-07-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Laurel Bank Rookery Lane
Rushlake Green
Heathfield
TN21 9RH
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03
Officers (2 active · 0 resigned)
BANATVALA, Jonathan→
Activedirector · ~63y · appointed 2018-07-04
View their other companies + combined net worth →
NOCK, Melanie Claire→
Activedirector · ~64y · appointed 2018-07-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 01/02/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-08
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-01-05
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-28
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-10-13