46 ESTATES LIMITED
Opportunity 71/100 (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
2 live charges · oldest 6.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.9 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.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £288.1k | £266.9k |
| Current assets | £4.4k | £229 |
| Net assets | £286.4k | £265.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 persons-with-significant-control
- • 1 officers
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2026-05-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-04-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-28➖TAYLOR, Richard resigneddirector
- 2025-12-19➖PITTS, Hannah resignedsecretary
- 2025-12-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-03🔓Charge satisfied #2
- 2024-09-03🔓Charge satisfied #1
- 2024-08-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-29➕PITTS, Hannah appointedsecretary
- 2024-07-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-08-31📄resolutionresolution · RESOLUTIONS
- 2023-08-31📄memorandum-articlesincorporation · MA
- 2023-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 2019-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-18🔒Charge registered #1Lender: National Westminster Bank PLC
- 2019-04-26🏢Company incorporatedAs 46 ESTATES LIMITED
- 2019-04-26➕ENGLISH, Justin Marcus appointeddirector
- 2019-04-26➕TAYLOR, Richard appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: PITTS, Hannah resigned 2025-12-19; TAYLOR, Richard resigned 2026-03-28
Group structure
Cromwell Letting Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cromwell Letting Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/03/2026 |
1 historic (ceased) PSC
- Mr Justin Marcus Englishceased 25/03/2026· 75-100% shares · 75-100% 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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| 59 HIGH STREET LIMITED→ 10455909 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| 8 CHURCH LANE (LEEDS) LTD→ 14784212 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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| 808 THE CLINIC LTD→ 16915215 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 880 PROPERTY LTD→ 11981855 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 8825 LTD→ 16881326 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 8T8 COMMERCIALS LIMITED→ 17019166 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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 →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 (1 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 26/09/2019 | 03/09/2024 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 18/07/2019 | 03/09/2024 |