A1 GROUP HOLDINGS LTD

🏛️Establishedactive
12756260 · ltd · incorporated 2020-07-20
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£3.4k
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 4.0y

5/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.0 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
61/100Worth 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
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,445
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 77% YoY
Net Worth
£3k
↑ 138% YoY
Current Assets
£1k
↓ 100% YoY
Current Liabilities
-£9k£137k£282k£428k£574k£719kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£693.8k£439.1k
Current assets£1.4k£719.4k
Cash£1.4k£6.3k
Net assets£3.4k£-9.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-07-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2023-10-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-10-03
    🔒
    Charge registered #5
    Lender: Paragon Bank PLC
  9. 2023-10-03
    🔓
    Charge satisfied #2
  10. 2023-08-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-08-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-08-07
    🔓
    Charge satisfied #3
  13. 2023-08-07
    🔓
    Charge satisfied #1
  14. 2023-04-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-04-21
    🔒
    Charge registered #4
    Lender: Monmouthshire Building Society
  16. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-03-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-03-17
    🔒
    Charge registered #3
    Lender: Monmouthshire Building Society
  19. 2023-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-02-09
    🔒
    Charge registered #2
    Lender: Family Finance Limited
  21. 2022-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2022-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2022-05-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2022-05-27
    🔒
    Charge registered #1
    Lender: Family Finance Limited
  25. 2021-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2021-12-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  27. 2021-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2021-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  29. 2020-07-20
    🏢
    Company incorporated
    As A1 GROUP HOLDINGS LTD
  30. 2020-07-20
    COVELL, Lee Martin appointed
    director
  31. 2020-07-20
    JONES, Christopher Robert Charles appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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 · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Lee Martin Covell
Individual · British · DOB 10/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/07/2020
Mr Christopher Robert Charles Jones
Individual · British · DOB 09/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/07/2020

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 →

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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
Incorporated2020-07-20
Jurisdictionwales
Primary SIC68100 — Buying and selling of own real estate

Registered office

39 Ridgeway Hill
Newport
NP20 5DG
Wales

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (2 active · 0 resigned)

COVELL, Lee Martin
director · ~37y · appointed 2020-07-20
View their other companies + combined net worth →
Active
JONES, Christopher Robert Charles
director · ~45y · appointed 2020-07-20
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property03/10/2023
outstanding
Monmouthshire Building Society
A registered charge1 property21/04/2023
satisfied
Monmouthshire Building Society
A registered charge1 property17/03/202307/08/2023
satisfied
Family Finance
Family Finance Limited
A registered charge1 property09/02/202303/10/2023
satisfied
Family Finance
Family Finance Limited
A registered charge1 property27/05/202207/08/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-09
change-person-director-company-with-change-date
officers · CH01
2024-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-07
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-17