201 PROPERTIES LTD
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
6 live charges · 4 lenders · oldest 5.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £753.9k |
| Current assets | — | £195.4k |
| Cash | — | £196.4k |
| Debtors | — | £-1.1k |
| Net assets | — | £201.6k |
| Average employees | 1 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
Corporate timeline (22 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-30🔒Charge registered #6Lender: The Mortgage Works (UK) PLC
- 2024-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-24🔒Charge registered #5Lender: The Mortgage Lender Limited
- 2022-05-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-16🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2022-01-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-20🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2021-08-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-19🔒Charge registered #2Lender: Charter Court Financial Services LTD
- 2021-07-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-15🔒Charge registered #1Lender: Paratus Amc Limited
- 2020-05-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-04-20🏢Company incorporatedAs 201 PROPERTIES LTD
- 2020-04-20➕SALTER, Brendan Neil appointeddirector
- 2020-04-20📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 70 — 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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 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 |
|---|---|---|---|---|
Mr Brendan Neil Salter Individual · British · DOB 02/1956 · age 70 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/04/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 30/01/2025 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 24/02/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 16/05/2022 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 20/12/2021 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services LTD | A registered charge | 1 property | 19/07/2021 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 15/02/2021 | — |