2006 CORPORATION ST BIRMINGHAM (LEASECO) LIMITED

💤Zombieactive
11530370 · ltd · incorporated 2018-08-21
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
not disclosed
Net worth
book net assets
Opportunity
71/100
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 bankable structure.

Opportunity 71/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 7.2y

45/100
under pressure

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

  • · Oldest live charge is 7.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-01-06
    DICK, Alastair Peter Orford resigned
    director
  4. 2025-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-12-05
    MOORE, Adam Lee appointed
    director
  8. 2024-12-05
    ADEGOKE, Adedotun Ademola resigned
    director
  9. 2024-07-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2024-07-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2024-02-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2023-04-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-07-28
    PIPER, Thomas James resigned
    secretary
  14. 2022-07-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2022-04-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-09-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2021-07-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2021-07-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2020-02-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2019-07-01
    OLSEN, Cameron John resigned
    secretary
  21. 2019-07-01
    PIPER, Thomas James appointed
    secretary
  22. 2019-07-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  23. 2019-07-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  24. 2019-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2019-04-03
    🔒
    Charge registered #1
    Lender: House of Fraser Limited
  26. 2019-03-14
    DICK, Alastair Peter Orford appointed
    director
  27. 2019-03-14
    STOCKTON, Rachel Isabel Lilian resigned
    director
  28. 2018-08-21
    🏢
    Company incorporated
    As 2006 CORPORATION ST BIRMINGHAM (LEASECO) LIMITED
  29. 2018-08-21
    OLSEN, Cameron John appointed
    secretary
  30. 2018-08-21
    ADEGOKE, Adedotun Ademola appointed
    director
  31. 2018-08-21
    STOCKTON, Rachel Isabel Lilian appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-04: certificate-change-of-name-company

Group structure

Frs Estates Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Frs Estates Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
2006 CORPORATION ST BIRMINGHAM (LEASECO) LIMITED
This company · 11530370

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Frs Estates Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/08/2018

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 →

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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
Incorporated2018-08-21
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Unit A
Brook Park East
Shirebrook
NG20 8RY
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-27
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (1 active · 5 resigned)

MOORE, Adam Lee
director · ~40y · appointed 2024-12-05
View their other companies + combined net worth →
Active
OLSEN, Cameron John
secretary · appointed 2018-08-21 · resigned 2019-07-01
Resigned
PIPER, Thomas James
secretary · appointed 2019-07-01 · resigned 2022-07-28
Resigned
ADEGOKE, Adedotun Ademola
director · ~53y · appointed 2018-08-21 · resigned 2024-12-05
Resigned
DICK, Alastair Peter Orford
director · ~43y · appointed 2019-03-14 · resigned 2025-01-06
Resigned
STOCKTON, Rachel Isabel Lilian
director · ~56y · appointed 2018-08-21 · resigned 2019-03-14
Resigned

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
TypeProperties
outstanding
House of Fraser
House of Fraser Limited
A registered charge03/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

accounts-with-accounts-type-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-full
accounts · AA
2025-01-31
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-12
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-04
accounts-with-accounts-type-full
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-full
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-31
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-28
accounts-with-accounts-type-full
accounts · AA
2022-04-28