3 SHIPS PROPERTIES LIMITED
💤Zombieactive
12034540 · ltd · incorporated 2019-06-05
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 Nov 2024
Net worth
£9.3k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (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. 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
4 live charges · 3 lenders · oldest 6.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 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
4 charges (4/4 with lender, 4/4 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
Network not yet resolved
30
Filing history
18 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
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 · accounting standard not declaredPositive net assets
Net assets £9,314
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£9k
↑ 48% YoY
Current Assets
£770
↓ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £308.5k | £310.6k |
| Current assets | £770 | £1.4k |
| Net assets | £9.3k | £6.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-17🔒Charge registered #4Lender: Nottingham Building Society
- 2021-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-06-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-18🔒Charge registered #3Lender: Paragon Bank PLC
- 2019-11-18🔒Charge registered #2Lender: Paragon Bank PLC
- 2019-11-15🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2019-06-05🏢Company incorporatedAs 3 SHIPS PROPERTIES LIMITED
- 2019-06-05➕NETTLESHIP, Anna Jayne appointeddirector
- 2019-06-05📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Anna Jayne Nettleship Individual · British · DOB 08/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/06/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| A K M PROPERTIES (YORKSHIRE) LIMITED→ 12761558 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A.I.P. COMPRESSORS LIMITED→ 16409149 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADEL PROPERTY SOLUTIONS LTD→ 14547545 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADNAR LIMITED→ 11858018 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADS NORTH EAST LTD→ 12464971 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AFOR PROPERTY LIMITED→ 12514274 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AHMADKHAN PROPERTIES LIMITED→ 16226382 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AHN PROPERTY LTD→ 12514972 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AHQ HOLDINGS LTD→ 12302766 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AIB PROPERTY DEVELOPMENTS LIMITED→ 11159764 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AIF HOUSES LTD→ 16399971 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIF PROPERTY LTD→ 16803386 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-06-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
17 Valley View
South Elmsall
Pontefract
WF9 2DD
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01
Officers (1 active · 0 resigned)
NETTLESHIP, Anna Jayne→
Activedirector · ~46y · appointed 2019-06-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nottingham Building Society | A registered charge | 1 property | 17/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 18/11/2019 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 18/11/2019 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 15/11/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
change-account-reference-date-company-previous-extended
accounts · AA01
2021-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-25