ACUMA PROPERTIES LTD

💤Zombieactive
11929787 · ltd · incorporated 2019-04-05
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 May 2025
Net worth
£20.2k
book net assets
Opportunity
63/100
Worth a look
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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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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

5 live charges · 3 lenders · oldest 7.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.1 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.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £20,165

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£20k
↑ 171% YoY
Current Assets
£1k
↓ 37% YoY
Current Liabilities
£0£4k£8k£12k£16k£20kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£190.2k£181.8k
Current assets£1.2k£1.8k
Net assets£20.2k£7.4k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-14
    MATTHEWS, Jasmin Lee resigned
    director
  4. 2025-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-11-13
    MATTHEWS, Jasmin Lee appointed
    director
  7. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2021-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-22
    📄
    mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2020-09-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2020-09-23
    🔓
    Charge satisfied #4
  15. 2020-08-26
    🔒
    Charge registered #5
    Lender: Monmouthshire Building Society
  16. 2019-08-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-08-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2019-07-30
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  19. 2019-07-30
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  20. 2019-06-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2019-06-12
    🔓
    Charge satisfied #1
  22. 2019-06-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2019-06-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2019-05-22
    🔒
    Charge registered #2
    Lender: West Bromwich Commercial Limited
  25. 2019-05-22
    🔒
    Charge registered #1
    Lender: West Bromwich Commercial Limited
  26. 2019-04-05
    🏢
    Company incorporated
    As ACUMA PROPERTIES LTD
  27. 2019-04-05
    THOMAS, Lee appointed
    director
  28. 2019-04-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-18

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Lee Thomas
Individual · British · DOB 06/1971 · age 55
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/04/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2019-04-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Venture Wales Navigation Park
Abercynon
Mountain Ash
CF45 4SN
Wales

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-04-18OVERDUE
Last: 2025-04-04

Officers (1 active · 1 resigned)

THOMAS, Lee
director · ~55y · appointed 2019-04-05
View their other companies + combined net worth →
Active
MATTHEWS, Jasmin Lee
director · ~30y · appointed 2024-11-13 · resigned 2025-04-14
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Monmouthshire Building Society
A registered charge1 property26/08/2020
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property30/07/201923/09/2020
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property30/07/2019
outstanding
West Bromwich Commercial
West Bromwich Commercial Limited
A registered charge1 property22/05/2019
satisfied
West Bromwich Commercial
West Bromwich Commercial Limited
A registered charge1 property22/05/201912/06/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
appoint-person-director-company-with-name-date
officers · AP01
2024-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-21
change-account-reference-date-company-previous-extended
accounts · AA01
2022-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-22