20-22 FORE STREET LTD

🏛️Establishedactive
12052893 · ltd · incorporated 2019-06-17
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£31.1k
book net assets
Opportunity
74/100
Strong
🔔
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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
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 6.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
22 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
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 declared
Positive net assets
Net assets £31,107
Cash YoY
+107%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£15k
↑ 107% YoY
Net Worth
£31k
↑ 16% YoY
Current Assets
£39k
↑ 25% YoY
Current Liabilities
£0£8k£16k£23k£31k£39kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£131.6k£127.2k
Current assets£39.0k£31.3k
Cash£15.0k£7.3k
Debtors£24.0k£24.0k
Net assets£31.1k£26.7k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-02-12
    🔒
    Charge registered #1
    Lender: Shawbrook Bank Limited
  12. 2019-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-09-19
    LE GALLEZ, Anna Margaret appointed
    director
  17. 2019-09-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-06-17
    🏢
    Company incorporated
    As 20-22 FORE STREET LTD
  19. 2019-06-17
    LE GALLEZ, Thomas James appointed
    director
  20. 2019-06-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +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 signal

Limited 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

54-56 Torbay Road Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
54-56 Torbay Road Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
20-22 FORE STREET LTD
This company · 12052893

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%
NameSharesVoting rightsNature of controlNotified
54-56 Torbay Road Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/12/2024
2 historic (ceased) PSCs
  • Mr Tom Legallezceased 10/12/2024· 25-50% shares · 25-50% voting · board control
  • Mrs Anna Legallezceased 10/12/2024· 25-50% shares · 25-50% voting · board control

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

6 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
Incorporated2019-06-17
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (2 active · 0 resigned)

LE GALLEZ, Anna Margaret
director · ~44y · appointed 2019-09-19
View their other companies + combined net worth →
Active
LE GALLEZ, Thomas James
director · ~47y · appointed 2019-06-17
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property12/02/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (22 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-22