490 GROUP LTD
💤Zombieactive
13010919 · ltd · incorporated 2020-11-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 4.7y
20/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.7 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 0 | 0 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-29📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-11-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-19🔓Charge satisfied #1
- 2023-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-13🔒Charge registered #2Lender: Charter Court Financial Services Limited
- 2022-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-20🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2020-11-11🏢Company incorporatedAs 490 GROUP LTD
- 2020-11-11➕DIGPAL, Malkeet Singh appointedsecretary
- 2020-11-11➕DIGPAL, Malkeet Singh appointeddirector
- 2020-11-11📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Malkeet Singh Digpal Individual · British · DOB 10/1965 · age 61 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/11/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · IG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 364 GOSWELL ROAD MANAGEMENT COMPANY LTD→ 09512250 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 3TS INVESTMENT LTD→ 10541620 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 44 QUARRY ROAD LTD→ 15389136 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 48 QUEENS ROAD (LONDON) LIMITED→ 16243206 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 4C PROPERTIES LIMITED→ 11461711 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 5 ALBION HOUSE LTD→ 15354840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 51 HIGH STREET LTD→ 14618014 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 581 & 581B KENTON LANE LIMITED→ 06658004 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 590 GREEN LANE PROPERTY LTD→ 15620966 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 5DPROPERTY LTD→ 09236790 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 5JE LONDON LIMITED→ 15891621 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 6 OAK ROAD (STOKE FERRY) LIMITED→ 09819302 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2020-11-11
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
139 Auckland Road
Ilford
Essex
IG1 4SQ
United Kingdom
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (2 active · 0 resigned)
DIGPAL, Malkeet Singh→
Activesecretary · appointed 2020-11-11
View their other companies + combined net worth →
DIGPAL, Malkeet Singh→
Activedirector · ~61y · appointed 2020-11-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 13/01/2023 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 20/10/2021 | 19/01/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
change-person-director-company-with-change-date
officers · CH01
2024-11-29
change-person-secretary-company-with-change-date
officers · CH03
2024-11-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02