AEK ESTATES LIMITED
💤Zombieactive
12317967 · ltd · incorporated 2019-11-15
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
£-181.9k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 66/100 (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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
10 live charges · 5 lenders · oldest 6.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · 5 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
10 charges (10/10 with lender, 10/10 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
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £181,931
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£182k
↓ 41% YoY
Current Assets
£4k
↑ 135% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £941.9k | £912.8k |
| Current assets | £4.4k | £1.9k |
| Net assets | £-181.9k | £-129.2k |
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
0
filings
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-10🔒Charge registered #10Lender: Vida Bank Limited Trading as Vida Homeloans
- 2025-08-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-21🔒Charge registered #9Lender: Lendco Limited
- 2025-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-03🔒Charge registered #8Lender: Lendco Limited
- 2025-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-29🔓Charge satisfied #6
- 2025-01-29🔓Charge satisfied #5
- 2025-01-29🔓Charge satisfied #2
- 2025-01-29🔓Charge satisfied #1
- 2024-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-11🔒Charge registered #7Lender: Keystone Property Finance Limited
- 2022-08-24📄memorandum-articlesincorporation · MA
- 2022-08-24📄resolutionresolution · RESOLUTIONS
- 2021-03-09🔒Charge registered #6Lender: Hampshire Trust Bank PLC
- 2021-03-09🔒Charge registered #5Lender: Hampshire Trust Bank PLC
- 2021-02-05🔒Charge registered #4Lender: State Bank of India (UK) Limited
- 2021-02-05🔒Charge registered #3Lender: State Bank of India (UK) Limited
- 2020-07-31🔒Charge registered #2Lender: Hampshire Trust Bank PLC
- 2020-07-31🔒Charge registered #1Lender: Hampshire Trust Bank PLC
- 2019-11-15🏢Company incorporatedAs AEK ESTATES LIMITED
- 2019-11-15➕NG, Tse Kit 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tse Kit Ng Individual · British · DOB 10/1977 · age 49 | 75–100% | — | 75-100% shares | 15/11/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · DH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 6OU LIMITED→ 13374162 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A&L DEAN PROPERTIES LTD→ 16573090 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AASRU LTD→ 17110935 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTELY FABULOUS PROPERTIES LTD→ 17129078 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AC ECHO LTD→ 16743445 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACM PORTFOLIOS LTD→ 13933011 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACTON MULTI SERVICES LTD→ 07365080 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADF PROPERTY GROUP LIMITED→ 16669729 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADL HOMES LIMITED→ 14202607 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADR PROPERTIES (NE) LTD→ 17126715 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AF INDUSTRIAL LTD→ 11831616 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AFFINISA HOUSING LTD→ 13435840 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2019-11-15
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
The Royal
Front Street
Stanley
Durham
DH9 0JQ
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (1 active · 0 resigned)
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
6
Outstanding
4
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Vida Bank Trading as Vida Homeloans Vida Bank Limited Trading as Vida Homeloans | A registered charge | 1 property | 10/02/2026 | — | |
| outstanding | Lendco Lendco Limited | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Lendco Lendco Limited | A registered charge | 1 property | 03/02/2025 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 11/10/2022 | — | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 09/03/2021 | 29/01/2025 | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | — | 09/03/2021 | 29/01/2025 | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/02/2021 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 05/02/2021 | — | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 31/07/2020 | 29/01/2025 | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | — | 31/07/2020 | 29/01/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-21
change-person-director-company-with-change-date
officers · CH01
2025-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30