21 CENTURY HOMES LTD

💤Zombieactive
11987552 · ltd · incorporated 2019-05-09
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
£-50.0k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — 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 5.5y

15/100
under pressure

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

  • · Oldest live charge is 5.5 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, 1 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
24 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £49,980

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£50k
↓ 846% YoY
Current Assets
£1k
↑ 7767% YoY
Current Liabilities
-£50k-£40k-£30k-£19k-£9k£1kMay 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£139.1k£68.7k
Current assets£1.2k£15
Net assets£-50.0k£-5.3k

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
1
filing
  • 1 address
Last 180 days
2
filings
  • 1 address
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-05-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-05-21
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  5. 2025-04-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-04-29
    🔓
    Charge satisfied #1
  7. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-11-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2024-11-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2024-02-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-11-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-11-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-07-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-06-30
    🔒
    Charge registered #2
    Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
  16. 2021-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-10-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2020-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2020-12-02
    🔒
    Charge registered #1
    Lender: Fleet Mortgages Limited
  20. 2019-05-09
    🏢
    Company incorporated
    As 21 CENTURY HOMES LTD
  21. 2019-05-09
    FLYNN, David appointed
    director
  22. 2019-05-09
    📄
    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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Flynn
Individual · British · DOB 06/1982 · age 44
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/05/2019

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 →

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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
Incorporated2019-05-09
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

13 Ribblesdale Avenue
Wilpshire
Blackburn
BB1 9LY
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-09-02
Last: 2025-08-19

Officers (1 active · 0 resigned)

FLYNN, David
director · ~44y · appointed 2019-05-09
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
Aldermore
Aldermore Bank PLC
A registered charge1 property21/05/2025
outstanding
Precise Mortgages
Charter Court Financial Services Limited Trading as Precise Mortgages
A registered charge1 property30/06/2022
satisfied
Fleet Mortgages
Fleet Mortgages Limited
A registered charge1 property02/12/202029/04/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (24 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-06
gazette-notice-compulsory
gazette · GAZ1
2024-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-02
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
gazette-notice-compulsory
gazette · GAZ1
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-16