2P PROPERTY LTD
🏛️Establishedactive
13295290 · ltd · incorporated 2021-03-26
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-10.3k
book net assets
Opportunity
79/100
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 79/100 (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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 4.7y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~4.7 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 105 (micro)Negative net assets
Liabilities exceed assets by £10,334
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£10k
Current Assets
£170
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £295.7k | — |
| Current assets | £170 | — |
| Net assets | £-10.3k | — |
| Average employees | — | 200 |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-30🔒Charge registered #2Lender: Newbury Building Society
- 2022-02-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-10🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2021-03-26🏢Company incorporatedAs 2P PROPERTY LTD
- 2021-03-26➕BARTLE, Paul Leonard appointeddirector
- 2021-03-26➕BARTLE, Phillip Patrick appointeddirector
- 2021-03-26📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- 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 Paul Leonard Bartle Individual · English · DOB 11/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/03/2021 |
Mr Phillip Patrick Bartle Individual · British · DOB 10/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/03/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 COLLEGE MEWS LTD→ 12713602 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 15 GEORGE STREET (READING) MANAGEMENT COMPANY LIMITED→ 10211672 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 21ST PROPERTY LTD→ 13536128 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 22 AUGUSTA WAY WEST LTD→ 12096277 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 23Q LTD→ 14185311 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 WESTERN ELMS AVENUE MANAGEMENT LIMITED→ 01651500 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| 28 ORIENTAL PLACE LIMITED→ 05365529 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| 29 BELL STREET MANAGEMENT COMPANY (WHITCHURCH) LIMITED→ 02374379 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 2EWS PROPERTIES LIMITED→ 13462542 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 313 BASINGSTOKE ROAD LTD→ 11800501 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 339 INVESTMENTS LTD→ 15803732 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 35 BARN CRESCENT MANAGEMENT COMPANY LIMITED→ 05033944 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2021-03-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Lindenmuth House
37 Greenham Business Park
Thatcham
Berkshire
RG19 6HW
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16
Officers (2 active · 0 resigned)
BARTLE, Paul Leonard→
Activedirector · ~58y · appointed 2021-03-26
View their other companies + combined net worth →
BARTLE, Phillip Patrick→
Activedirector · ~56y · appointed 2021-03-26
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
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Newbury Building Society | A registered charge | 1 property | 30/03/2022 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 10/09/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-16
change-person-director-company-with-change-date
officers · CH01
2022-02-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-23
change-person-director-company-with-change-date
officers · CH01
2022-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-21