108 LONDON ST LTD
💤Zombieactive
12065501 · ltd · incorporated 2019-06-24
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 Dec 2024
Net worth
£191.7k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 6.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.5 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
35 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
71/100Strong
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
77
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 £191,696
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£192k
↑ 8.7% YoY
Current Assets
£462
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-30 | 2023-12-30 |
|---|---|---|
| Total assets | £1.82M | £1.81M |
| Current assets | £462 | £0 |
| Net assets | £191.7k | £176.4k |
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
2
filings
- • 1 address
- • 1 mortgage
Last 180 days
6
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-02-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-11🔓Charge satisfied #2
- 2026-01-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-21➕DHUNAY, Tajinder Singh appointeddirector
- 2026-01-21➖STEEL, Mark Jonothan resigneddirector
- 2025-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-07🔓Charge satisfied #1
- 2021-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-13➖DHUNAY, Tajinder Singh resigneddirector
- 2021-08-31📄resolutionresolution · RESOLUTIONS
- 2021-08-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-04-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-31🔒Charge registered #4Lender: Landbay Partners Limited
- 2021-03-31🔒Charge registered #3Lender: Landbay Partners Limited
- 2019-10-22🔒Charge registered #2Lender: Mark Jonothan Steel
- 2019-10-22🔒Charge registered #1Lender: Bridgeco Limited
- 2019-06-24🏢Company incorporatedAs 108 LONDON ST LTD
- 2019-06-24➕DHUNAY, Tajinder Singh appointeddirector
- 2019-06-24➕STEEL, Mark Jonothan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Tajinder Singh Dhunay Individual · British · DOB 03/1985 · age 41 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/01/2025 |
3 historic (ceased) PSCs
- Mr Mark Jonothan Steelceased 21/01/2026· significant influence
- Steel Properties Ltdceased 06/03/2021· 25-50% shares · 25-50% voting
- Sky Luxury Homes Limitedceased 16/02/2020· 25-50% shares · 25-50% voting
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 · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 072 PROPERTY LTD→ 16907843 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 09 DEVELOPMENTS LIMITED→ 16817945 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10 CHAPEL STREET LTD→ 13406666 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 10 VE LTD→ 13323604 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 10 WESTWOOD GROVE LIMITED→ 16718375 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10-11 GNS LIMITED→ 05207668 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 10021 LIMITED→ 13391485 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 101 GROUP CAC LTD→ 16545027 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 101 NEW BOND STREET LIMITED→ 06389811 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 101 WHICHMORE PROPERTIES LIMITED→ 11594355 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 108 LEDBURY ROAD FREEHOLD LIMITED→ 11862452 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 108 WEST GROVE LIMITED→ 17100273 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-06-24
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
124 City Road
London
EC1V 2NX
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17
Officers (1 active · 2 resigned)
DHUNAY, Tajinder Singh→
Activedirector · ~41y · appointed 2026-01-21
View their other companies + combined net worth →
DHUNAY, Tajinder Singh→
Resigneddirector · ~41y · appointed 2019-06-24 · resigned 2021-09-13
STEEL, Mark Jonothan→
Resigneddirector · ~60y · appointed 2019-06-24 · resigned 2026-01-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Landbay Landbay Partners Limited | A registered charge | 1 property | 31/03/2021 | — | |
| outstanding | Landbay Landbay Partners Limited | A registered charge | 1 property | 31/03/2021 | — | |
| satisfied | Mark Jonothan Steel | A registered charge | 1 property | 22/10/2019 | 11/02/2026 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 22/10/2019 | 07/02/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (35 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-25
termination-director-company-with-name-termination-date
officers · TM01
2026-01-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-25
appoint-person-director-company-with-name-date
officers · AP01
2026-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-10