11 KSB LIMITED
🏛️Establishedactive
12858082 · ltd · incorporated 2020-09-04
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£-17.3k
book net assets
Opportunity
77/100
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
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (83/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 £17,279
Net assets shrinking
Down £21,093 YoY
Cash YoY
+96%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£111k
↑ 96% YoY
Net Worth
-£17k
↓ 553% YoY
Current Assets
£633k
↑ 25% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £2.08M | £1.95M |
| Current assets | £632.7k | £507.9k |
| Cash | £111.3k | £56.8k |
| Debtors | £521.5k | £451.2k |
| Net assets | £-17.3k | £3.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
6
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-02-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-09➕BASRA, Balvinder Kaur appointeddirector
- 2026-02-09➕BASRA, Kuldip Singh appointeddirector
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-04🏢Company incorporatedAs 11 KSB LIMITED
- 2020-09-04➕BASRA, Mandeep Singh appointeddirector
- 2020-09-04📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kuldip Singh Basra Individual · British · DOB 02/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/02/2026 |
Mrs Balvinder Kaur Basra Individual · British · DOB 06/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/02/2026 |
1 historic (ceased) PSC
- Mr Mandeep Singh Basraceased 09/02/2026· 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.
🔒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 · SG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 HSB LIMITED→ 16585867 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1 MSB LIMITED→ 16059197 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1 RIVER LANE LIMITED→ 15211025 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 100 - 106 CAMPDEN ROAD LTD→ 10608522 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 11 MSB LIMITED→ 16059045 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 128NOR LTD→ 12245738 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 129 CLOPHILL ROAD RMC LTD→ 12257450 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 12SPR LTD→ 16907431 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 130 QUEENSWAY LIMITED→ 14775464 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 139A GHR LIMITED→ 09558040 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 14 BRANCASTER ROAD LIMITED→ 04077302 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 1403 PROPERTIES LIMITED→ 13836813 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-09-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
10 Station Road
Letchworth Garden City
Hertfordshire
SG6 3AU
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12
Officers (3 active · 0 resigned)
BASRA, Balvinder Kaur→
Activedirector · ~60y · appointed 2026-02-09
View their other companies + combined net worth →
BASRA, Kuldip Singh→
Activedirector · ~60y · appointed 2026-02-09
View their other companies + combined net worth →
BASRA, Mandeep Singh→
Activedirector · ~52y · appointed 2020-09-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (16 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-15