PIGGY PROPERTIES LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 67/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
5 live charges · 4 lenders · oldest 6.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £12.9k | £192.3k |
| Current assets | £49.7k | £54.0k |
| Cash | £32.4k | £2.2k |
| Debtors | £17.3k | £51.8k |
| Net assets | £-11.6k | £23.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 mortgage
- • 1 mortgage
- • 1 confirmation-statement
- • 1 mortgage
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2026-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-01🔒Charge registered #5Lender: Paratus Amc Limited
- 2025-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-03🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2025-10-03🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2025-07-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-30📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-07-28➕CARPENTER, Carly Shantel appointeddirector
- 2025-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-31➖SUMMERFIELD, Paul Edward resigneddirector
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-18🔒Charge registered #2Lender: Belmont Green Finance Limited T/a Vida Homeloans
- 2019-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-04🔒Charge registered #1Lender: Social Money Limited T/a the Bridgecrowd
- 2019-03-28🏢Company incorporatedAs PIGGY PROPERTIES LIMITED
- 2019-03-28➕CARPENTER, James Edward appointeddirector
- 2019-03-28➕SUMMERFIELD, Paul Edward appointeddirector
- 2019-03-28📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-05-01: A registered charge; 2025-10-03: A registered charge; 2025-10-03: A registered charge
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Edward Carpenter Individual · British · DOB 01/1979 · age 47 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/03/2019 |
1 historic (ceased) PSC
- Mr Paul Edward Summerfieldceased 03/05/2025· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| 2995C LIMITED→ 10510662 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| ACTIVA PROPERTIES LIMITED→ 03642590 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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| AL-DARR LTD→ 15755560 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALAN THACKER CONSULTANCY LIMITED→ 13093676 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
8 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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 01/05/2026 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 03/10/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 03/10/2025 | — | |
| outstanding | Belmont Green Finance T/a Vida Homeloans Belmont Green Finance Limited T/a Vida Homeloans | A registered charge | 1 property | 18/12/2019 | — | |
| outstanding | Social Money T/a the Bridgecrowd Social Money Limited T/a the Bridgecrowd | A registered charge | 1 property | 04/07/2019 | — |