11SK LTD
🏛️Establishedactive
12780615 · ltd · incorporated 2020-07-30
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 Mar 2025
Net worth
£162.4k
book net assets
Opportunity
71/100
Strong
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
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 67/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 5.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 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
4 connected companies via shared directors
57
Filing history
24 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
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £162,407
Net assets shrinking
Down £50,933 YoY
Cash YoY
-6%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£8k
↓ 5.8% YoY
Net Worth
£162k
↓ 24% YoY
Current Assets
£26k
↑ 3.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.00M | £1.07M |
| Current assets | £26.0k | £25.1k |
| Cash | £7.6k | £8.0k |
| Debtors | £18.4k | £17.1k |
| Net assets | £162.4k | £213.3k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-23🔓Charge satisfied #5
- 2023-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-16🔒Charge registered #6Lender: Yorkshire Building Society
- 2022-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-08-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22🔒Charge registered #5Lender: Hazeldine Capital Limited
- 2022-04-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-13🔓Charge satisfied #3
- 2022-04-13🔓Charge satisfied #2
- 2022-04-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-11🔒Charge registered #4Lender: Yorkshire Building Society
- 2022-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-10🔒Charge registered #3Lender: Hazeldine Capital Limited
- 2022-03-10🔒Charge registered #2Lender: Hazeldine Capital Limited
- 2022-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-16🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2020-10-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-30🏢Company incorporatedAs 11SK LTD
- 2020-07-30➕KEEHAN, Kevin Fredrick Arthur appointeddirector
- 2020-07-30➕PEARSON, Christopher David appointeddirector
- 2020-07-30📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Fredrick Arthur Keehan Individual · British · DOB 12/1985 · age 41 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/07/2020 |
Mr Christopher David Pearson Individual · British · DOB 06/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/07/2020 |
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 →Similar companies
Active · Property · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 LIVINGSTONE ROAD FREEHOLD LIMITED→ 15680744 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1 RICHMOND PARADE LTD→ 16642538 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 146 CHURCH ROAD MANAGEMENT CO. LTD.→ 11246619 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 151 GOLDSMITHS ROW RTM COMPANY LTD→ 07404938 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 16 DERWENT ROAD RESIDENTS LIMITED→ 07887180 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 16A COLLINGBOURNE ROAD FREEHOLD MANAGEMENT COMPANY LIMITED→ 10813641 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 17 - 22 ANTIGUA CLOSE RTM COMPANY LIMITED→ 09795201 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 191 KINGSWAY BN3 FREEHOLD LIMITED→ 10620620 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 19A - 23A SOUTH STREET LIMITED→ 13280869 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 20 BRISTOL ROAD BRIGHTON LIMITED→ 05585856 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 20 BUCKINGHAM ROAD RESIDENTS LIMITED→ 04455592 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 209 PROJECTS LTD→ 16247742 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2020-07-30
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
100 Church Street
Brighton
BN1 1UJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (2 active · 0 resigned)
KEEHAN, Kevin Fredrick Arthur→
Activedirector · ~41y · appointed 2020-07-30
View their other companies + combined net worth →
PEARSON, Christopher David→
Activedirector · ~40y · appointed 2020-07-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Yorkshire Building Society | A registered charge | 2 properties | 16/12/2022 | — | |
| satisfied | Hazeldine Capital Hazeldine Capital Limited | A registered charge | 1 property | 22/07/2022 | 23/01/2024 | |
| outstanding | Yorkshire Building Society | A registered charge | 3 properties | 11/04/2022 | — | |
| satisfied | Hazeldine Capital Hazeldine Capital Limited | A registered charge | 2 properties | 10/03/2022 | 13/04/2022 | |
| satisfied | Hazeldine Capital Hazeldine Capital Limited | A registered charge | 2 properties | 10/03/2022 | 13/04/2022 | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 16/04/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-13