4M PROPCO LTD

💤Zombieactive
11705272 · ltd · incorporated 2018-11-30
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 Apr 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 85/100. 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: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 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
7 connected companies via shared directors
66
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees1100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2022-11-08
    🔓
    Charge satisfied #1
  6. 2022-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-03-22
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2019-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2019-03-01
    🔒
    Charge registered #1
    Lender: Atom Bank PLC
  15. 2018-11-30
    🏢
    Company incorporated
    As 4M PROPCO LTD
  16. 2018-11-30
    PATEL, Abid Iqbal appointed
    director
  17. 2018-11-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Abid Patel
Individual · British · DOB 03/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/11/2018

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
Incorporated2018-11-30
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Synergie House
322 Manchester Road
Bolton
England
BL3 2QS
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (1 active · 0 resigned)

PATEL, Abid Iqbal
director · ~49y · appointed 2018-11-30
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Atom Bank
Atom Bank PLC
A registered charge1 property01/03/201908/11/2022

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-21
change-person-director-company-with-change-date
officers · CH01
2020-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-10