A BETTER HOME LIMITED
🚨Distressedactive
12674124 · ltd · incorporated 2020-06-16
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£-79.0k
book net assets
Opportunity
63/100
Worth a look
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 63/100 (worth a look), bankability 50/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
4 live charges · oldest 5.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £79,014
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£79k
↓ 57% YoY
Current Assets
£16k
↑ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £517.3k | £542.1k |
| Current assets | £16.3k | £10.1k |
| Net assets | £-79.0k | £-50.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 gazette
Last 90 days
1
filing
- • 1 gazette
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-06-02📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-05📄gazette-notice-compulsorygazette · GAZ1
- 2023-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-21🔒Charge registered #4Lender: Gatehouse Bank PLC
- 2021-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-26🔒Charge registered #3Lender: Gatehouse Bank PLC
- 2021-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-25🔒Charge registered #2Lender: Gatehouse Bank PLC
- 2021-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-28🔒Charge registered #1Lender: Gatehouse Bank PLC
- 2020-06-16🏢Company incorporatedAs A BETTER HOME LIMITED
- 2020-06-16➕AJ CONSULTANTS LIMITED appointedcorporate-secretary
- 2020-06-16➕MA, Ka Man appointeddirector
- 2020-06-16➕SHIU, Wai Hung Lester appointeddirector
- 2020-06-16📄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
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wai Hung Lester Shiu Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 16/06/2020 |
Ka Man Ma Individual · Chinese · DOB 11/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 16/06/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A. & B. RUDGE LIMITED→ 00479273 · est 1950 · no financials extracted | — | — | — | — | 76y | — | — |
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| AB REAL ESTATES LTD→ 12267965 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOT MANAGEMENT SERVICES LIMITED→ 01186170 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| ABCOAT PROPERTY LTD→ 16808703 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABEL GRAY LIMITED→ 17068228 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABODE AND GO LIMITED→ 15272578 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABODE AXIS LTD→ 16849829 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABOLON LTD→ 16885467 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABYSSINIA PROPERTIES LTD→ 15758763 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABYZ LTD→ 15271605 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCELERATOR INVESTMENTS LTD→ 13078174 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2020-06-16
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
27 Old Gloucester Street
London
WC1N 3AX
United Kingdom
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15
Officers (3 active · 0 resigned)
AJ CONSULTANTS LIMITED→
Activecorporate-secretary · appointed 2020-06-16
View their other companies + combined net worth →
Active
SHIU, Wai Hung Lester→
Activedirector · ~38y · appointed 2020-06-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Gatehouse Bank Gatehouse Bank PLC | A registered charge | 1 property | 21/12/2021 | — | |
| outstanding | Gatehouse Bank Gatehouse Bank PLC | A registered charge | 1 property | 26/11/2021 | — | |
| outstanding | Gatehouse Bank Gatehouse Bank PLC | A registered charge | 1 property | 25/03/2021 | — | |
| outstanding | Gatehouse Bank Gatehouse Bank PLC | A registered charge | 1 property | 28/01/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
gazette-notice-compulsory
gazette · GAZ1
2026-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-25
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
gazette-notice-compulsory
gazette · GAZ1
2023-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-03