A PROPERTY INITIATIVE LIMITED
🏛️Establishedactive
12432247 · ltd · incorporated 2020-01-29
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 6.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 6.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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 · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | — | £1.58M |
| Current assets | — | £21.5k |
| Cash | — | £17.9k |
| Debtors | — | £3.6k |
| Net assets | — | £267.3k |
| Average employees | 1 | — |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-27➕PROSS, Editha Theresia appointeddirector
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-04📄resolutionresolution · RESOLUTIONS
- 2021-09-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-17🔓Charge satisfied #1
- 2021-09-16🔒Charge registered #2Lender: Michael Andrew
- 2021-07-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-12📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-10-29📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-05🔒Charge registered #1Lender: Michael Andrew
- 2020-01-29🏢Company incorporatedAs A PROPERTY INITIATIVE LIMITED
- 2020-01-29➕ANDREW, Michael appointeddirector
- 2020-01-29📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Editha Pross Individual · German · DOB 04/1946 · age 80 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 15/07/2021 |
Mr Michael Andrew Individual · British · DOB 05/1947 · age 79 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/01/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · BH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A P CONSTRUCTION SOUTH LIMITED→ 13311870 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLGLAZE DORSET LTD→ 07073258 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AMPRESS ELECTRICAL CONTRACTORS LTD→ 11197184 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ANB PLASTERING & DRYLINING LIMITED→ 11768382 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ANDREW APPLIN CONSTRUCTION LIMITED→ 09820865 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANDREW COOMBS (GAS ENGINEER) LIMITED→ 06768849 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ANDREW HICKS & ASSOCIATES LTD→ 11105088 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDREWS EARTH MOVING LIMITED→ 02743949 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| ANDREWS PLANT HIRE LIMITED→ 04176077 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ANDREWS PROPERTY MAINTENANCE RINGWOOD LIMITED→ 11066999 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDY P LIMITED→ 07160363 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ANGLO INTERNATIONAL ASSETS LTD→ 01312352 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
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
Incorporated2020-01-29
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Unit 1, St Stephens Court
15 - 17 St Stephens Road
Bournemouth
Dorset
BH2 6LA
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28
Officers (2 active · 0 resigned)
ANDREW, Michael→
Activedirector · ~79y · appointed 2020-01-29
View their other companies + combined net worth →
PROSS, Editha Theresia→
Activedirector · ~80y · appointed 2025-03-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Michael Andrew / Editha Theresia Pross | A registered charge | 1 property | 16/09/2021 | — | |
| satisfied | Michael Andrew | A registered charge | 1 property | 05/03/2020 | 17/09/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-11
appoint-person-director-company-with-name-date
officers · AP01
2025-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
change-person-director-company-with-change-date
officers · CH01
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21
resolution
resolution · RESOLUTIONS
2021-10-04