1699 FORMATAE LIMITED
🏛️Establishedactive
12434957 · ltd · incorporated 2020-01-31
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 Jan 2025
Net worth
£1.9k
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: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,885
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↑ 15% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.9k | £1.6k |
| Net assets | £1.9k | £1.6k |
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 (22 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-27➖ANDREWS, Michael Robert resigneddirector
- 2023-05-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-04-18📄gazette-notice-compulsorygazette · GAZ1
- 2022-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-01-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-04📄gazette-notice-compulsorygazette · GAZ1
- 2020-01-31🏢Company incorporatedAs 1699 FORMATAE LIMITED
- 2020-01-31➕BIRAH, Harjinder Singh appointeddirector
- 2020-01-31➕SINGH, Balvinder Jit appointeddirector
- 2020-01-31➕ANDREWS, Michael Robert appointeddirector
- 2020-01-31📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harjinder Singh Birah Individual · British · DOB 10/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/01/2020 |
Mr Balvinder Jit Singh Individual · British · DOB 04/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/01/2020 |
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 · CV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 101 PROPCO LIMITED→ 13590114 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 103 WESTWOOD LTD→ 13133435 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 110 PROPERTY LTD→ 13542080 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 114 TRADING INTERNATIONAL LTD→ 10879838 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 12PD LIMITED→ 15336294 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 13 WILLES ROAD MANAGEMENT LIMITED→ 03518429 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| 131 ADDISON ROAD MANAGEMENT COMPANY LIMITED→ 06044842 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 138 PROPERTY LTD→ 14472238 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 138 WISTASTON ROAD MANAGEMENT COMPANY LIMITED→ 09376187 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 1561566 LTD→ 16343667 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST LETTINGS PROPERTY SERVICES LIMITED→ 05417335 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| 2 BELLE VUE APARTMENTS LTD→ 13990805 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-01-31
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
2 Longrood Road
Rugby
Warwickshire
CV22 7RG
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (2 active · 1 resigned)
BIRAH, Harjinder Singh→
Activedirector · ~43y · appointed 2020-01-31
View their other companies + combined net worth →
SINGH, Balvinder Jit→
Activedirector · ~56y · appointed 2020-01-31
View their other companies + combined net worth →
ANDREWS, Michael Robert→
Resigneddirector · ~41y · appointed 2020-01-31 · resigned 2023-05-27
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-25
termination-director-company-with-name-termination-date
officers · TM01
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-07
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
gazette-notice-compulsory
gazette · GAZ1
2023-04-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-28
change-person-director-company-with-change-date
officers · CH01
2022-04-28
change-person-director-company-with-change-date
officers · CH01
2022-04-28
change-person-director-company-with-change-date
officers · CH01
2022-04-28