1987 PROPERTY LTD

🏛️Establishedactive
12871587 · ltd · incorporated 2020-09-10
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 Mar 2024
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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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
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (53/100).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-31

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 (23 events)Click to expand
  1. 2024-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-06-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2024-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-03-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-03-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-10-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-06-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2023-03-02
    SINGH, Bhupinder appointed
    director
  11. 2022-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-01-24
    SINGH, Bhupinder resigned
    director
  14. 2022-01-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-01-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-11-26
    SANDHU, Harpreet Singh appointed
    director
  17. 2020-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-11-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2020-11-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2020-10-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2020-09-10
    🏢
    Company incorporated
    As 1987 PROPERTY LTD
  22. 2020-09-10
    SINGH, Bhupinder appointed
    director
  23. 2020-09-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
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: 2026-03-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Bhupinder Singh
Individual · British · DOB 05/1955 · age 71
2550%
25–50%board control25-50% shares · 25-50% voting · board control02/03/2024
Mr Harpreet Singh Sandhu
Individual · British · DOB 05/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting26/11/2020
2 historic (ceased) PSCs
  • Mr Bhupinder Singhceased 24/01/2022· significant influence
  • Mr Harpreet Singh Sandhuceased 23/10/2020· 25-50% shares

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

9 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
Incorporated2020-09-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

19 Scott Close
West Bromwich
B71 1PT
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (2 active · 1 resigned)

SANDHU, Harpreet Singh
director · ~39y · appointed 2020-11-26
View their other companies + combined net worth →
Active
SINGH, Bhupinder
director · ~71y · appointed 2023-03-02
View their other companies + combined net worth →
Active
SINGH, Bhupinder
director · ~71y · appointed 2020-09-10 · resigned 2022-01-24
Resigned

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
change-account-reference-date-company-previous-extended
accounts · AA01
2024-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-11
appoint-person-director-company-with-name-date
officers · AP01
2024-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-23
change-person-director-company-with-change-date
officers · CH01
2022-05-31