ACHERON INVESTMENTS LTD
💤Zombieactive
12149111 · ltd · incorporated 2019-08-09
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 Mar 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (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. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 4.0y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.0 years — mid-life; refi window approaching.
- · 6 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
8 charges (8/8 with lender, 8/8 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
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
79
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
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 (29 events)Click to expand
- 2025-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-09🔒Charge registered #8Lender: Fleet Mortgages Limited
- 2025-06-09🔒Charge registered #7Lender: Aldermore Bank PLC
- 2025-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20🔒Charge registered #6Lender: Fleet Mortgages Limited
- 2024-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-21🔒Charge registered #5Lender: Paragon Bank PLC
- 2023-07-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-13🔒Charge registered #4Lender: Fleet Mortgages Limited
- 2023-05-02📄memorandum-articlesincorporation · MA
- 2023-05-02📄resolutionresolution · RESOLUTIONS
- 2022-10-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-14🔒Charge registered #3Lender: Kensington Mortgage Company Limited
- 2022-08-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-16🔒Charge registered #2Lender: Nottingham Building Society
- 2022-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-24🔒Charge registered #1Lender: Paratus Amc Limited
- 2021-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-09🏢Company incorporatedAs ACHERON INVESTMENTS LTD
- 2019-08-09➕ORMSHAW, Martin Andrew appointeddirector
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
2 low8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Andrew Ormshaw Individual · British · DOB 07/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/08/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 121 PROPERTY LTD→ 15543219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 MOUNTS VIEW LIMITED→ 16398296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 BELMONT TERRACE LTD→ 06371002 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| A.E. STOKES PROPERTIES LIMITED→ 01392080 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| A&M MARSTON HOLDINGS LTD→ 14330068 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEY BUILDERS CORNWALL LIMITED→ 04296400 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ABSOLUTE ACCOMMODATION LIMITED→ 14506349 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AC HOLDINGS (CORNWALL) LIMITED→ 11898739 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACDH PROPERTY LIMITED→ 10257775 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACER PROPERTY ESTATE LTD→ 12441725 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ACS LAND & PROPERTY LIMITED→ 11008292 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACT RENEWABLES LIMITED→ 07758478 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2019-08-09
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis
Registered office
Unit 3 Building B Green Court, Truro Business Park
Threemilestone
Truro
Cornwall
TR4 9LF
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23
Officers (1 active · 0 resigned)
ORMSHAW, Martin Andrew→
Activedirector · ~44y · appointed 2019-08-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
8
Outstanding
6
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 09/06/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 09/06/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 20/03/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 21/07/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 13/07/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Nottingham Building Society | A registered charge | 1 property | 16/08/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 24/05/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
change-person-director-company-with-change-date
officers · CH01
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-24