A J STERLING ESTATES LIMITED
🏛️Establishedactive
11804413 · ltd · incorporated 2019-02-04
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£-997
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
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 67/100. 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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 7.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
3 charges (3/3 with lender, 3/3 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
2 connected companies via shared directors
51
Filing history
31 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £997
Cash YoY
+245%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↑ 245% YoY
Net Worth
-£997
↑ 63% YoY
Current Assets
£2k
↑ 245% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £148.4k | £145.1k |
| Current assets | £2.4k | £705 |
| Cash | £2.4k | £705 |
| Net assets | £-997 | £-2.7k |
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 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-10🔓Charge satisfied #2
- 2025-07-01🔒Charge registered #3Lender: Aldermore Bank PLC
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-10🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-13🔒Charge registered #1Lender: Kensington Mortgage Company Limited
- 2019-02-04🏢Company incorporatedAs A J STERLING ESTATES LIMITED
- 2019-02-04➕SIMPKIN, Alexon Warwick Leonard appointeddirector
- 2019-02-04➕SIMPKIN-SMALE, Joanna Tracey Margaret appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 |
|---|---|---|---|---|
Mr Alexon Warwick Leonard Simpkin Individual · British · DOB 11/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2019 |
Mrs Joanna Tracey Margaret Simpkin-Smale Individual · British · DOB 12/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2019 |
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
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|---|---|---|---|---|---|---|---|
| 3DOT PROPERTY LIMITED→ 13128182 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 69 REASONS LIMITED→ 16292268 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 8 & 10 PENNSYLVANIA ROAD MANAGEMENT LIMITED→ 12891446 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A & G PERRATON LTD→ 16914996 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A J MCDONALD PROPERTIES LIMITED→ 16469300 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A&D INVESTMENTS SW LIMITED→ 14722521 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A&J PROPERTIES SW LTD→ 16583366 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABARBSBILT PROPERTY CO. LIMITED→ 00825921 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| ABBARREL LIMITED→ 01828057 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| ABBEYVIEW PROPERTIES LIMITED→ 04109578 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ABERFORD PROPERTIES LIMITED→ 00832468 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| ABI EIRE LTD→ 10405556 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2019-02-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
13 Hyde Road
Paignton
Devon
TQ4 5BW
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (2 active · 0 resigned)
SIMPKIN, Alexon Warwick Leonard→
Activedirector · ~36y · appointed 2019-02-04
View their other companies + combined net worth →
SIMPKIN-SMALE, Joanna Tracey Margaret→
Activedirector · ~37y · appointed 2019-02-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/07/2025 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 10/12/2021 | 10/07/2025 | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 13/05/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-16
change-person-director-company-with-change-date
officers · CH01
2024-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
change-person-director-company-with-change-date
officers · CH01
2022-06-23
change-person-director-company-with-change-date
officers · CH01
2022-06-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-23