1022 LTD
🏛️Establishedactive
12919398 · ltd · incorporated 2020-10-01
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 Oct 2024
Net worth
£-89.9k
book net assets
Opportunity
74/100
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)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 5.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (84/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 declaredNegative net assets
Liabilities exceed assets by £89,897
Cash draining
Cash down 84% YoY
Cash YoY
-84%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 84% YoY
Net Worth
-£90k
↓ 9.7% YoY
Current Assets
£361k
↑ 811% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-89.9k | £-81.9k |
| Current assets | £361.2k | £39.7k |
| Cash | £3.1k | £19.8k |
| Debtors | £358.1k | £19.9k |
| Net assets | £-89.9k | £-81.9k |
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 officers
Last 180 days
3
filings
- • 2 mortgage
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-18🔒Charge registered #5Lender: Cpf One Limited
- 2025-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-12🔒Charge registered #4Lender: Cpf One Limited
- 2025-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-19📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13🔓Charge satisfied #1
- 2024-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-12➕WILLIAMS, Ingrid Christine appointeddirector
- 2024-01-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-11🔒Charge registered #3Lender: Cpf One Limited
- 2023-09-11🔒Charge registered #2Lender: Cpf One Limited
- 2023-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-08-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-01➕WILLIAMS, Joseph Charles appointeddirector
- 2023-01-01➖WILLIAMS, Ingrid Christine resigneddirector
- 2021-12-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-23🔒Charge registered #1Lender: West One Secured Loans Limited
- 2020-10-01🏢Company incorporatedAs 1022 LTD
- 2020-10-01➕WILLIAMS, Ingrid Christine appointeddirector
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
- +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.
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.)
Group structure
Inoe Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Inoe Ltd
Corporate parent · holds 75-100% shares
⬇
1022 LTD
This company · 12919398
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Inoe Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/08/2023 |
2 historic (ceased) PSCs
- Mr Joseph Charles Williamsceased 01/08/2023· 75-100% shares
- Mrs Ingrid Christine Williamsceased 01/01/2023· 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 · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01 TWENTY-FIRST CENTURY HOMES LTD→ 12972095 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 02 TWENTY-FIRST CENTURY HOMES LTD→ 12984310 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 03 TWENTY-FIRST CENTURY HOMES LTD→ 12984467 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 04 TWENTY-FIRST CENTURY HOMES LTD→ 12986827 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1 COLLEGE MEWS LTD→ 12713602 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 10 THE GROVE SLOUGH LTD→ 14262056 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 100A WANDSWORTH BRIDGE ROAD LTD→ 10745304 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 109 GROVELANDS ROAD RTM COMPANY LIMITED→ 08227000 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 11 OXFORD ROAD CLEVELEYS LIMITED→ 14286272 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 11 STATION STREET LIMITED→ 13189205 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 11&11 LIMITED→ 12142160 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 111 MARJORAM WALK LTD→ 12713387 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2020-10-01
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
5 Beech Court
Hurst
Reading
RG10 0RQ
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05
Officers (2 active · 1 resigned)
WILLIAMS, Ingrid Christine→
Activedirector · ~49y · appointed 2024-01-12
View their other companies + combined net worth →
WILLIAMS, Joseph Charles→
Activedirector · ~41y · appointed 2023-01-01
View their other companies + combined net worth →
WILLIAMS, Ingrid Christine→
Resigneddirector · ~49y · appointed 2020-10-01 · resigned 2023-01-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 18/12/2025 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 12/11/2025 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 11/09/2023 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 11/09/2023 | — | |
| satisfied | West One Secured Loans West One Secured Loans Limited | A registered charge | 1 property | 23/02/2021 | 13/05/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
change-person-director-company-with-change-date
officers · CH01
2026-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-05-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-09
appoint-person-director-company-with-name-date
officers · AP01
2024-01-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-01