208 PROPERTIES LIMITED
Opportunity 73/100 (strong), bankability 80/100. 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: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 4.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.7 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £102.6k | £100.8k |
| Current assets | £6.1k | £5.6k |
| Net assets | £-8.8k | £-10.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (9 events)Click to expand
- 2025-04-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-07🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2020-12-24🏢Company incorporatedAs 208 PROPERTIES LIMITED
- 2020-12-24➕HOWELL, Thomas Joseph appointeddirector
- 2020-12-24📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Joseph Howell Individual · British · DOB 11/1993 · age 33 | 75–100% | — | 75-100% shares | 24/12/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 2 PORTLAND STREET RTM CO. LTD.→ 16609490 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2 STAR DEVELOPERS LTD→ 16130582 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 22 MAIN STREET LTD→ 14228373 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 23 HIGH STREET LTD→ 11027733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 247 LETTINGS LTD→ 10780124 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 26 MEREVALE LTD→ 17043937 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 27A AVENUE ROAD MANAGEMENT LIMITED→ 14159405 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 07/09/2021 | — |