A&L LETTINGS AND REFURBS LTD
🏛️Establishedactive
12503543 · ltd · incorporated 2020-03-09
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£169.7k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (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. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
15 live charges · 8 lenders · oldest 5.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.7 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
15 charges (15/15 with lender, 15/15 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
1 connected companies via shared directors
48
Filing history
30 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
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £169,731
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£170k
↑ 28% YoY
Current Assets
£5k
↑ 61% YoY
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 |
|---|---|---|
| Total assets | £963.0k | £817.9k |
| Current assets | £5.4k | £3.3k |
| Net assets | £169.7k | £132.1k |
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 (38 events)Click to expand
- 2025-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-23🔒Charge registered #15Lender: Aldermore Bank PLC
- 2025-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03🔒Charge registered #14Lender: Fleet Mortgages Limited
- 2024-01-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-20🔒Charge registered #13Lender: Charter Court Financial Services Trading as Precise Mortgages
- 2023-08-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-19🔒Charge registered #12Lender: Precise Mortgages
- 2022-12-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-12🔒Charge registered #11Lender: West Bromwich Commercial Limited
- 2022-10-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-05🔒Charge registered #10Lender: West Bromwich Commercial Limited
- 2022-08-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-22🔒Charge registered #9Lender: Precise Mortgages
- 2022-07-22🔒Charge registered #8Lender: Precise Mortgages
- 2022-05-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-13🔒Charge registered #7Lender: Lendinvest Btl Limited
- 2022-04-13🔒Charge registered #6Lender: Lendinvest Btl Limited
- 2022-03-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-23🔒Charge registered #5Lender: West Bromwich Commercial Limited
- 2021-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-10🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2021-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-21🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2020-12-11🔒Charge registered #2Lender: Precise Mortgages
- 2020-10-22🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2020-06-18➕REIZLEIN, Lucy Ann appointeddirector
- 2020-03-09🏢Company incorporatedAs A&L LETTINGS AND REFURBS LTD
- 2020-03-09➕REIZLEIN, Alexander David appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
1 low15 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lucy Ann Reizlein Individual · British · DOB 06/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/03/2020 |
Mr Alexander David Reizlein Individual · British · DOB 06/1986 · age 40 | 25–50% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/03/2020 |
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 · HR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A2M REAL ESTATE LIMITED→ 15259754 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACTIVE MUSLIM NATION LTD→ 16189065 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVAIT PROPERTY LTD→ 16677426 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCEDTEC PROPERTY SOLUTIONS LTD→ 13229913 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVENT HOLDINGS LIMITED→ 16261706 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFINITY LIVING CONCEPTS LTD→ 13665895 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AJJAN CAPITAL LTD→ 11690512 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AJJAN INVESTMENTS LTD→ 11957164 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AKULA PROPERTIES LTD→ 11835440 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AL PROPERTIES ALLIANCE LIMITED→ 08446102 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALBECORE LTD→ 13412964 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALDGATE EDUCATION PROPCO 1 LIMITED→ 12106670 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2020-03-09
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
61 Bridge Street
Kington
HR5 3DJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-03
Last: 2025-07-20
Officers (2 active · 0 resigned)
REIZLEIN, Alexander David→
Activedirector · ~40y · appointed 2020-03-09
View their other companies + combined net worth →
REIZLEIN, Lucy Ann→
Activedirector · ~38y · appointed 2020-06-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
15
Outstanding
7
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 23/05/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 03/07/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Trading as Precise Mortgages | A registered charge | 1 property | 20/12/2023 | — | |
| outstanding | Precise Mortgages | A registered charge | 1 property | 19/05/2023 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 12/12/2022 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 05/10/2022 | — | |
| outstanding | Precise Mortgages | A registered charge | 1 property | 22/07/2022 | — | |
| outstanding | Precise Mortgages | A registered charge | 1 property | 22/07/2022 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 13/04/2022 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 13/04/2022 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 23/02/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 10/08/2021 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 21/04/2021 | — | |
| outstanding | Precise Mortgages | A registered charge | 1 property | 11/12/2020 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 22/10/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-01