ABILITY PROPERTIES LIMITED
🏛️Establishedactive
12804849 · ltd · incorporated 2020-08-11
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window steady · low confidence
Asset base steady — strong defensive profile, no urgency cue.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-7.1k
book net assets
Opportunity
76/100
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)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (83/100)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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £7,123
Cash YoY
+113%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£14k
↑ 113% YoY
Net Worth
-£7k
↑ 45% YoY
Current Assets
£27k
↑ 47% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.04M | £1.05M |
| Current assets | £27.2k | £18.5k |
| Cash | £13.7k | £6.4k |
| Debtors | £13.5k | £12.1k |
| Net assets | £-7.1k | £-12.9k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 address
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2026-02-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-05-09➕HENDERSON, Rebecca Mary appointeddirector
- 2023-05-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-08-11🏢Company incorporatedAs ABILITY PROPERTIES LIMITED
- 2020-08-11➕HENDERSON, Joseph Edgar appointeddirector
- 2020-08-11📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — HENDERSON, Rebecca Mary (same surname) appointed 2023-05-09. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Joseph Edgar Henderson Individual · British · DOB 11/1951 · age 75 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/08/2020 |
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 · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACACIA PROPERTY GROUP (YORKSHIRE) LIMITED→ 15016155 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACD (UTTOXETER) LTD→ 16970617 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACTIVEWHEEL UK LIMITED→ 16905155 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADOBA ESTATES LTD→ 16548399 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADZ PROPERTY MANAGEMENT LIMITED→ 12306623 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AEA INVESTMENTS LEEDS LTD→ 15134705 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AEM HOLDINGS LTD→ 16516721 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AERE PROPERTY LIMITED→ 16423525 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFS (YORKSHIRE) LIMITED→ 13742782 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGAVINVESTMENTS LTD→ 15716792 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGENDA21 LIMITED→ 10918424 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGRAWAL & SONS LTD→ 16365750 · 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
Incorporated2020-08-11
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Abc Building
Millshaw Park Lane
Leeds
LS11 0PA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26
Officers (2 active · 0 resigned)
HENDERSON, Joseph Edgar→
Activedirector · ~75y · appointed 2020-08-11
View their other companies + combined net worth →
HENDERSON, Rebecca Mary→
Activedirector · ~52y · appointed 2023-05-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-25
appoint-person-director-company-with-name-date
officers · AP01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-17
incorporation-company
incorporation · NEWINC
2020-08-11