22 ST MILDREDS ROAD FREEHOLDERS LTD

🏛️Establishedactive
12141464 · ltd · incorporated 2019-08-06
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
67/100
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 active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

Data confidence

Overall: medium (71/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31

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 (28 events)Click to expand
  1. 2025-05-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2024-09-20
    LEATHEM, Michael Robert appointed
    director
  4. 2024-05-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-05-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-11-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-10-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-12-03
    CORDWELL, Richard Spencer resigned
    director
  12. 2021-11-05
    SANDERS, Susan appointed
    director
  13. 2021-09-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-09-27
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  15. 2021-09-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-09-10
    CORDWELL, Richard Spencer appointed
    director
  17. 2021-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-09-10
    📄
    capital-allotment-shares
    capital · SH01
  19. 2021-08-13
    BROADSTAIRS COMPANT SECRETARIES LIMITED appointed
    corporate-secretary
  20. 2021-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2019-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2019-08-16
    HARTE-LOVELACE, Clive Richard appointed
    director
  25. 2019-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2019-08-06
    🏢
    Company incorporated
    As 22 ST MILDREDS ROAD FREEHOLDERS LTD
  27. 2019-08-06
    DUKE, Michael appointed
    director
  28. 2019-08-06
    DUKE, Michael resigned
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

🔒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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2019-08-06
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Kent Innovation Centre Thanet Reach Business Park
Millennium Way
Broadstairs
CT10 2QQ
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05

Officers (4 active · 2 resigned)

BROADSTAIRS COMPANT SECRETARIES LIMITED
corporate-secretary · appointed 2021-08-13
View their other companies + combined net worth →
Active
HARTE-LOVELACE, Clive Richard
director · ~73y · appointed 2019-08-16
View their other companies + combined net worth →
Active
LEATHEM, Michael Robert
director · ~42y · appointed 2024-09-20
View their other companies + combined net worth →
Active
SANDERS, Susan
director · ~62y · appointed 2021-11-05
View their other companies + combined net worth →
Active
CORDWELL, Richard Spencer
director · ~42y · appointed 2021-09-10 · resigned 2021-12-03
Resigned
DUKE, Michael
director · ~67y · appointed 2019-08-06 · resigned 2019-08-06
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-dormant
accounts · AA
2025-05-16
appoint-person-director-company-with-name-date
officers · AP01
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
accounts-with-accounts-type-dormant
accounts · AA
2024-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-06
accounts-with-accounts-type-dormant
accounts · AA
2023-05-17
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-31
gazette-notice-compulsory
gazette · GAZ1
2022-10-25
accounts-with-accounts-type-dormant
accounts · AA
2022-04-27
termination-director-company-with-name-termination-date
officers · TM01
2022-01-13
appoint-person-director-company-with-name-date
officers · AP01
2022-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-27
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-09-27