3N PROPERTIES LIMITED
Opportunity 73/100 (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 (58/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 7.2y
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.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (17 events)Click to expand
- 2025-11-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29🔒Charge registered #4Lender: Bank of Scotland PLC
- 2025-10-28🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2025-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-24🔒Charge registered #2Lender: Charter Court Financial Services Limited
- 2023-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-28🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2018-09-18🏢Company incorporatedAs 3N PROPERTIES LIMITED
- 2018-09-18➕NEWTON, Michael Edward appointeddirector
- 2018-09-18📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Michael Edward Newton Individual · British · DOB 05/1979 · age 47 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/09/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/10/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 28/10/2025 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 24/08/2023 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 28/02/2019 | — |