4U PROPERTIES LIMITED
🏛️Establishedactive
12890087 · ltd · incorporated 2020-09-18
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 Dec 2024
Net worth
£907
book net assets
Opportunity
74/100
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 74/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 5.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.3 years old — likely at or near maturity.
- · 4 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
4 charges (4/4 with lender, 4/4 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
3 connected companies via shared directors
54
Filing history
31 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
74/100Strong
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
85
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 £907
Net assets shrinking
Down £3,824 YoY
Cash YoY
+385%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£81k
↑ 385% YoY
Net Worth
£907
↓ 81% YoY
Current Assets
£113k
↑ 539% 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 | £336.1k | £212.7k |
| Current assets | £113.1k | £17.7k |
| Cash | £81.4k | £16.8k |
| Debtors | £31.7k | £925 |
| Net assets | £907 | £4.7k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-24🔒Charge registered #4Lender: Shawbrook Bank Limited
- 2024-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-31🔒Charge registered #3Lender: Keystone Property Finance Limited
- 2023-08-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-08🔓Charge satisfied #1
- 2023-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-18🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2022-02-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-15🔒Charge registered #1Lender: Pepper Money Limited
- 2020-09-18🏢Company incorporatedAs 4U PROPERTIES LIMITED
- 2020-09-18➕LOCKWOOD, Andrew John appointeddirector
- 2020-09-18➕LOCKWOOD, Kathryn Elizabeth appointeddirector
Owner dependency
71/100
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.
- +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
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
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 Andrew John Lockwood Individual · British · DOB 09/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 18/09/2020 |
Mrs Kathryn Elizabeth Lockwood Individual · British · DOB 06/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 18/09/2020 |
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 · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST DEGREE LEASE COMPANY LIMITED→ 16155646 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2-4 RAKE LANE LIMITED→ 15924543 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2026 PROPERTY LIMITED→ 11308418 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 2211 DEVELOPMENTS LTD→ 14615400 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 2KBH PROPERTIES LTD→ 15369370 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3G LETTINGS LTD→ 13931210 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 462 PROPERTY HOLDINGS LTD→ 17121612 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4ALPHA INVESTMENTS LTD→ 12275819 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 6 MADEIRA PARADE LIMITED→ 06567476 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 71M INVESTMENTS LTD→ 17032642 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 757 HOMES LIMITED→ 05112762 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 76 HIGH STREET WEST RTM COMPANY LIMITED→ 08911057 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2020-09-18
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
C/O Milner Smeaton Viking House, Falcon Court
Preston Farm
Stockton On Tees
Durham
TS18 3TS
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06
Officers (2 active · 0 resigned)
LOCKWOOD, Andrew John→
Activedirector · ~42y · appointed 2020-09-18
View their other companies + combined net worth →
LOCKWOOD, Kathryn Elizabeth→
Activedirector · ~42y · appointed 2020-09-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 24/10/2024 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 31/08/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/02/2022 | — | |
| satisfied | Pepper Money Pepper Money Limited | A registered charge | 1 property | 15/01/2021 | 08/08/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-28
change-person-director-company-with-change-date
officers · CH01
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
change-person-director-company-with-change-date
officers · CH01
2024-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-06
change-person-director-company-with-change-date
officers · CH01
2024-03-06
change-person-director-company-with-change-date
officers · CH01
2024-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-16