786 DEVELOPMENTS LIMITED

💤Zombieactive
11886641 · ltd · incorporated 2019-03-18
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-189.2k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (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 7.2y

15/100
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.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £189,242
Cash YoY
+32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↑ 32% YoY
Net Worth
-£189k
↓ 1.4% YoY
Current Assets
£300k
↓ 15% YoY
Current Liabilities
-£189k-£81k£28k£136k£245k£353kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£-181.0k£-168.4k
Current assets£299.9k£353.1k
Cash£3.0k£2.3k
Debtors£296.8k£350.8k
Net assets£-189.2k£-186.7k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-10-23
    🔒
    Charge registered #3
    Lender: Yorkshire Building Society
  3. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2021-12-07
    🔓
    Charge satisfied #2
  9. 2021-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-11-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-10-24
    🔒
    Charge registered #2
    Lender: London Credit Limited
  12. 2020-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-05-15
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2019-05-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-04-29
    🔒
    Charge registered #1
    Lender: Lendco Limited
  16. 2019-03-18
    🏢
    Company incorporated
    As 786 DEVELOPMENTS LIMITED
  17. 2019-03-18
    GHAFFAR, Asdullah appointed
    director
  18. 2019-03-18
    📄
    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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Asdullah Ghaffar
Individual · British · DOB 07/1970 · age 56
5075%
50–75%board control50-75% shares · 50-75% voting · board control18/03/2019
Mrs Ozma Ghaffar
Individual · British · DOB 12/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting18/03/2019

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 →

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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
Incorporated2019-03-18
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

65 Valleyfield Road
London
SW16 2HS
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (1 active · 0 resigned)

GHAFFAR, Asdullah
director · ~56y · appointed 2019-03-18
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Yorkshire Building Society
A registered charge1 property23/10/2025
satisfied
London Credit
London Credit Limited
A registered charge1 property24/10/202007/12/2021
outstanding
Lendco
Lendco Limited
A registered charge1 property29/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-14