1 LEICESTER ROAD LIMITED

💤Zombieactive
13140847 · ltd · incorporated 2021-01-18
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 Jan 2025
Net worth
£-4.0k
book net assets
Opportunity
78/100
Strong
🔔
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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 78/100 (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: Cash flow review and working-capital discipline. Cash down -38% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 5.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
16 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £3,957
Cash YoY
-38%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 38% YoY
Net Worth
-£4k
↑ 26% YoY
Current Assets
£2k
↓ 38% YoY
Current Liabilities
-£5k-£4k-£2k-£569£1k£3kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£248.6k£247.2k
Current assets£1.6k£2.6k
Cash£1.6k£2.6k
Net assets£-4.0k£-5.4k

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
0
filings
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-01-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2021-03-24
    🔒
    Charge registered #1
    Lender: Charter Court Financial Services Limited
  9. 2021-01-18
    🏢
    Company incorporated
    As 1 LEICESTER ROAD LIMITED
  10. 2021-01-18
    BINDINGER, Nathan Benjamin appointed
    director
  11. 2021-01-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The 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 58 — approaching natural succession window.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Nathan Benjamin Bindinger
Individual · British · DOB 08/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/01/2021

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 →

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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
Incorporated2021-01-18
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

160 Holmleigh Road
London
N16 5PY
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25

Officers (1 active · 0 resigned)

BINDINGER, Nathan Benjamin
director · ~58y · appointed 2021-01-18
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property24/03/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-21