26 SECOND AVENUE LTD
💤Zombieactive
12621064 · ltd · incorporated 2020-05-26
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 May 2025
Net worth
£-66.8k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 69/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 2.3y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.3 years old — likely still in initial term.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 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
4 connected companies via shared directors
57
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
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 declaredNegative net assets
Liabilities exceed assets by £66,779
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£41k
↓ 54% YoY
Net Worth
-£67k
↓ 274% YoY
Current Assets
£166k
↑ 70% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £1.76M | £176.8k |
| Current assets | £165.6k | £97.2k |
| Cash | £41.4k | £91.0k |
| Debtors | £124.2k | £6.2k |
| Net assets | £-66.8k | £-17.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 1 accounts
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-25🔒Charge registered #5Lender: State Bank of India (UK) Limited
- 2025-02-25🔒Charge registered #4Lender: State Bank of India (UK) Limited
- 2025-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-28🔒Charge registered #3Lender: Paragon Bank PLC
- 2024-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-25🔒Charge registered #2Lender: Onesavings Bank PLC
- 2024-03-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-06🔒Charge registered #1Lender: Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs
- 2024-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-15📄capital-allotment-sharescapital · SH01
- 2022-08-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-08-16📄gazette-notice-compulsorygazette · GAZ1
- 2022-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-26🏢Company incorporatedAs 26 SECOND AVENUE LTD
- 2020-05-26➕RANA, Yuvrajsinh appointeddirector
- 2020-05-26📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
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.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 low5 live charges
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 Yuvrajsinh Rana Individual · British · DOB 10/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/05/2020 |
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 · HA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2 DIAMONDS CONSTRUCTION LTD→ 13762961 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2 REDHILL LIMITED→ 15596213 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 27TF1 LTD→ 16951931 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 28A ST JOHNS ROAD LTD→ 10560463 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 28B ST JOHNS ROAD LTD→ 10560227 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 29 CORNHILL MANAGEMENT COMPANY 2025 LTD→ 16362678 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2RM PROPERTIES LIMITED→ 16218280 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2SQU4RE LIMITED→ 14012286 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 STAR INVESTMENTS LIMITED→ 12424542 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 3 TEIGNMOUTH GARDENS LIMITED→ 12578434 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 30 BIRCHINGTON ROAD LIMITED→ 03686350 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 30 LEICESTER LIMITED→ 16500980 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2020-05-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
73 Charlton Road
Harrow
Greater London
HA3 9HR
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24
Officers (1 active · 0 resigned)
RANA, Yuvrajsinh→
Activedirector · ~43y · appointed 2020-05-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 25/02/2025 | — | |
| outstanding | State Bank of India (UK) State Bank of India (UK) Limited | A registered charge | 1 property | 25/02/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 28/01/2025 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 25/07/2024 | — | |
| outstanding | Kent Reliance / OSB Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs | A registered charge | 1 property | 06/03/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
change-person-director-company-with-change-date
officers · CH01
2026-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28