24 PARKWAY LTD
💤Zombieactive
12567074 · ltd · incorporated 2020-04-21
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 Apr 2025
Net worth
£-43.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 6.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 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
3 connected companies via shared directors
54
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £43,010
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£43k
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 |
|---|---|
| Total assets | £724.6k |
| Net assets | £-43.0k |
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
8
filings
- • 3 mortgage
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
8
filings
- • 3 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-04-23📄legacymiscellaneous · ANNOTATION
- 2026-03-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-24🔒Charge registered #3Lender: Cambridge & Counties Bank Limited
- 2026-03-24🔒Charge registered #2Lender: Cambridge & Counties Bank Limited
- 2026-03-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-19🔓Charge satisfied #1
- 2026-03-13📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-01-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-04-30🔒Charge registered #1Lender: Kseye Capital Holdings Limited
- 2020-04-21🏢Company incorporatedAs 24 PARKWAY LTD
- 2020-04-21➕GLAUSIUSZ, Isaac appointeddirector
- 2020-04-21📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Isaac Glausiusz Individual · British · DOB 11/1965 · age 61 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/04/2020 |
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 · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST QUALITY GROUP LIMITED→ 10851721 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 2 M PROPERTY'S LTD→ 09987394 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 2 TRAFALGAR MEWS LTD→ 11868984 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 21BG LTD→ 14907760 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 220A BCL LTD→ 16316054 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 23 ROCHESTER ROAD LIMITED→ 09343061 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 23 SIMONDS ROAD FREEHOLD LIMITED→ 14209804 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 FIX GROUP LTD→ 16518718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 241 CHESTER ESTATES LTD→ 16602607 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 26 ESTATES LIMITED→ 09252112 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 266A PORTLAND LTD→ 16203833 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 27 DISRAELI ROAD (FOREST GATE) MANAGEMENT LIMITED→ 05998634 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2020-04-21
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
162a Clapton Common
London
E5 9AG
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20
Officers (1 active · 0 resigned)
GLAUSIUSZ, Isaac→
Activedirector · ~61y · appointed 2020-04-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 24/03/2026 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 24/03/2026 | — | |
| satisfied | Kseye Capital Holdings Kseye Capital Holdings Limited | A registered charge | 1 property | 30/04/2020 | 19/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-23
legacy
miscellaneous · ANNOTATION
2026-04-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-30
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-19
change-person-director-company-with-change-date
officers · CH01
2026-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-02
accounts-with-accounts-type-dormant
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-dormant
accounts · AA
2023-01-23