108 PALACE LTD
- 68209Other letting and operating of own or leased real estate
Opportunity 46/100 (watch), bankability 22/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (65/100). Current lenders should be on monthly review.
Refinance opportunity
5 live charges · 4 lenders · oldest 5.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 gazette
- • 1 accounts
Corporate timeline (27 events)Click to expand
- 2025-11-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-20📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-04-01📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-19⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2024-07-19⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2024-06-25⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2024-06-25⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2024-01-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-17🔒Charge registered #5Lender: Khk One Limited
- 2023-11-29📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-02-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-11-03📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-06-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-22🔒Charge registered #4Lender: Landbay Partners Limited
- 2021-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-15🔒Charge registered #3Lender: Lendinvest Btl Limited
- 2020-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-21🔒Charge registered #2Lender: Lendinvest Btl Limited
- 2020-06-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-29🔒Charge registered #1Lender: Artemis Holdings International Limited
- 2020-06-16🏢Company incorporatedAs 108 PALACE LTD
- 2020-06-16➕FINK, David appointeddirector
- 2020-06-16📄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.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 high · 1 med · 1 lowAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-03-02
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-07-19: liquidation-receiver-cease-to-act-receiver; 2024-07-19: liquidation-receiver-cease-to-act-receiver
Companies House flags prior insolvency events. Review the insolvency filings for context.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Fink Individual · British · DOB 11/1995 · age 31 | — | — | sig. influencesignificant influence | 01/12/2022 |
1 historic (ceased) PSC
- Kcwestciff Ltdceased 16/02/2023· 75-100% shares · 75-100% voting · board control
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.
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11 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 | Khk One Khk One Limited | A registered charge | 1 property | 17/01/2024 | — | |
| outstanding | Landbay Landbay Partners Limited | A registered charge | 1 property | 22/06/2021 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 15/03/2021 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 21/12/2020 | — | |
| outstanding | Artemis Holdings International Artemis Holdings International Limited | A registered charge | 3 properties | 29/06/2020 | — |