120 PRESTON ROAD LIMITED
🏛️Establishedactive
11974361 · ltd · incorporated 2019-05-01
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 Jun 2025
Net worth
£-96.7k
book net assets
Opportunity
70/100
Strong
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 70/100 (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
7 live charges · 4 lenders · oldest 6.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.5 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 (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 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
13 connected companies via shared directors
84
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £96,663
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£97k
↓ 204% YoY
Current Assets
£122k
↑ 6601% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £1.57M | £477.8k |
| Current assets | £121.8k | £1.8k |
| Net assets | £-96.7k | £-31.8k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-27📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-04🔒Charge registered #7Lender: State Bank of India (UK) Limited
- 2025-02-04🔒Charge registered #6Lender: State Bank of India (UK) Limited
- 2025-02-04🔓Charge satisfied #2
- 2025-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-15🔒Charge registered #5Lender: State Bank of India (UK) Limited
- 2025-01-15🔒Charge registered #4Lender: State Bank of India (UK) Limited
- 2024-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-01🔒Charge registered #3Lender: Fleet Mortgages Limited
- 2024-07-01🔒Charge registered #2Lender: London Credit LTD
- 2024-05-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01➕POPAT, Nikesh appointeddirector
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-23📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-02-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-10🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2019-05-01🏢Company incorporatedAs 120 PRESTON ROAD LIMITED
- 2019-05-01➕POPAT, Sunny Narendra appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +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
1 low6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nikesh Popat Individual · British · DOB 03/1987 · age 39 | — | — | sig. influencesignificant influence | 01/05/2024 |
Mr Sunny Narendra Popat Individual · British · DOB 01/1985 · age 41 | — | — | sig. influencesignificant influence | 01/05/2019 |
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
Active · Property · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 115 YYHS LIMITED→ 16444062 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 11A ST JOHNS WOOD HIGH STREET RTM COMPANY LIMITED→ 05566982 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 12 AGAMEMNON FREEHOLDERS LIMITED→ 07945466 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 12 BOSWELL PLACE LTD→ 16886979 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 12 MACS CLOSE LIMITED→ 10922250 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 12 RIVERS LIMITED→ 12777468 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 12 SHELDON ROAD LIMITED→ 12218668 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 120 BRONDESBURY PARK LIMITED→ 06632156 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 121 BROADHURST GARDENS MANAGEMENT COMPANY LIMITED→ 01844425 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| 121 WEMBOROUGH HOUSE LIMITED→ 16256545 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 122 COTSWOLD GARDENS MANAGEMENT LTD→ 14298076 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1227 INVESTMENTS LTD→ 10312147 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2019-05-01
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
45 Wyndale Avenue Kingsbury
London
NW9 9PT
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04
Officers (2 active · 0 resigned)
POPAT, Nikesh→
Activedirector · ~39y · appointed 2024-05-01
View their other companies + combined net worth →
POPAT, Sunny Narendra→
Activedirector · ~41y · appointed 2019-05-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
6
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | — | 04/02/2025 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 04/02/2025 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 15/01/2025 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | — | 15/01/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 01/07/2024 | — | |
| satisfied | London Credit London Credit LTD | A registered charge | 1 property | 01/07/2024 | 04/02/2025 | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 10/12/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-08