ALTAFS PROPERTY LETS LIMITED
💤Zombieactive
11447463 · ltd · incorporated 2018-07-04
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 Jul 2025
Net worth
£-73.2k
book net assets
Opportunity
74/100
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
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 57/100. 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 (73/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 3.0y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 3.0 years old — likely still in initial term.
- · 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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 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
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £73,194
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£73k
↓ 97% YoY
Current Assets
£34k
↓ 57% 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 | £296.6k | £-37.1k |
| Current assets | £34.3k | £80.0k |
| Net assets | £-73.2k | £-37.1k |
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 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-19🔒Charge registered #6Lender: Onesavings Bank PLC
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-11🔓Charge satisfied #2
- 2025-02-10🔒Charge registered #5Lender: Paratus Amc Limited
- 2024-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-16📄mortgage-satisfy-charge-partmortgage · MR04
- 2024-08-15🔒Charge registered #4Lender: Rose C F Limited
- 2024-08-12🔒Charge registered #3Lender: Paratus Amc Limited
- 2024-03-27📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-27📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-17🔒Charge registered #2Lender: Rose C F Limited
- 2023-07-17🔒Charge registered #1Lender: Rose C F Limited
- 2022-08-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-04🏢Company incorporatedAs ALTAFS PROPERTY LETS LIMITED
- 2018-07-04➕ALTAF, Mohammed appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "ALTAF" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 58 — 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
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Altaf Individual · British · DOB 12/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/07/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&N INVESTORS LIMITED→ 11732733 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AGATOM PROPERTY SOLUTIONS LTD→ 15942025 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGI & MART PROPERTY LTD→ 14732488 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AIRORA INVESTMENTS LIMITED→ 10239719 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALDRIDGE PROPERTY & INVESTMENT COMPANY LIMITED→ 00608473 · est 1958 · no financials extracted | — | — | — | — | 67y | — | — |
| ALLBRITAIN PROPERTY DEVELOPMENTS LIMITED→ 10205952 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALLEN FABRICATIONS MANAGEMENT LIMITED→ 10339153 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALLIES PROPERTY LIMITED→ 14743488 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALTON FAMILY INVESTMENTS LTD→ 06286056 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALYI ONE PROPERTY LTD→ 16455103 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMARILLI PROPERTIES LIMITED→ 15191847 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMARYLLIS HOLDINGS LIMITED→ 15649343 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
34 Knotts Avenue
Worcester
WR4 0HZ
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27
Officers (1 active · 0 resigned)
ALTAF, Mohammed→
Activedirector · ~58y · 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
6
Total charges
5
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 3 properties | 19/02/2026 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 10/02/2025 | — | |
| outstanding | Rose C F Rose C F Limited | A registered charge | 4 properties | 15/08/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 12/08/2024 | — | |
| satisfied | Rose C F Rose C F Limited | A registered charge | 4 properties | 17/07/2023 | 11/02/2025 | |
| outstanding | Rose C F Rose C F Limited | A registered charge | 1 property | 17/07/2023 | — |
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
2026-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-16
mortgage-satisfy-charge-part
mortgage · MR04
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
change-person-director-company-with-change-date
officers · CH01
2024-03-27
change-person-director-company-with-change-date
officers · CH01
2024-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-07