02 TWENTY-FIRST CENTURY HOMES LTD
🏛️Establishedactive
12984310 · ltd · incorporated 2020-10-29
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-46.1k
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
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 74/100 (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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 4.2y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
25 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 · FRS 102Negative net assets
Liabilities exceed assets by £46,073
Cash YoY
+1539%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£81k
↑ 1539% YoY
Net Worth
-£46k
↓ 88% YoY
Current Assets
£921k
↑ 18487% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £1.70M | £5.0k |
| Current assets | £921.4k | £5.0k |
| Cash | £81.2k | £5.0k |
| Debtors | £22.7k | — |
| Net assets | £-46.1k | £-24.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-12🔒Charge registered #3Lender: Octane Property Finance Limited
- 2025-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-07🔒Charge registered #2Lender: Octane Property Finance Limited
- 2023-11-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-18🔒Charge registered #1Lender: Paratus Amc Limited
- 2022-02-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-10-29🏢Company incorporatedAs 02 TWENTY-FIRST CENTURY HOMES LTD
- 2020-10-29➕BANERJEE, Bikram appointeddirector
- 2020-10-29➕PANWAR, Karan Singh appointeddirector
- 2020-10-29📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +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 Karan Singh Panwar Individual · British · DOB 07/1976 · age 50 | — | — | sig. influencesignificant influence | 08/02/2022 |
Mr Bikram Banerjee Individual · Indian · DOB 11/1978 · age 48 | — | — | sig. influencesignificant influence | 08/02/2022 |
1 historic (ceased) PSC
- Houseclique Property Developers Limitedceased 08/02/2022· 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 |
|---|---|---|---|---|---|---|---|
| 04 TWENTY-FIRST CENTURY HOMES LTD→ 12986827 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1 COLLEGE MEWS LTD→ 12713602 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 111 MARJORAM WALK LTD→ 12713387 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 147 LDN LTD→ 13925350 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 15 GEORGE STREET (READING) MANAGEMENT COMPANY LIMITED→ 10211672 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2 COLLEGE MEWS LTD→ 14304505 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2 ORMONDE GATE LIMITED→ 08165955 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 2 PRIORY AVENUE FREEHOLD LIMITED→ 16121526 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2 SAXON STREET LIMITED→ 13361686 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 20 ESSEX ROAD MANAGEMENT COMPANY LIMITED→ 03815509 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 20 TANKERTON ROAD LIMITED→ 15823373 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 20-22 FORE STREET LTD→ 12052893 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2020-10-29
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Rivendell, Church Lane
Arborfield
Reading
RG2 9JA
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27
Officers (2 active · 0 resigned)
BANERJEE, Bikram→
Activedirector · ~48y · appointed 2020-10-29
View their other companies + combined net worth →
PANWAR, Karan Singh→
Activedirector · ~50y · appointed 2020-10-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Octane Property Finance Octane Property Finance Limited | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Octane Property Finance Octane Property Finance Limited | A registered charge | 1 property | 07/06/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 18/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-29
change-person-director-company-with-change-date
officers · CH01
2023-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-21