40HHR LIMITED

🏛️Establishedactive
13490179 · ltd · incorporated 2021-07-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window closing · high confidence
Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.
  • · Lifecycle stage: early → established
  • · Bankability: 70 → 75
  • · Filings: 22 → 23
Opportunity decay
hardening · 6-months
Hardening — profile is tightening. If you want to act, do it before the window closes further.
  • · 3 recent signals strengthening vs 0 weakening
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • Lifecycle stage: earlyestablished
  • Bankability: 7075
  • Filings: 2223
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£4
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
Confirmed no charges registered
85
Directors & officers
7 officers (5 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4
~ YoY
Current Assets
Current Liabilities
£0£1£2£2£3£4Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£4£4
Debtors£4£4
Net assets£4£4

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
1
filing
  • 1 confirmation-statement
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
6
filings
  • 4 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-08
    HEDGER, Angus Benjamin appointed
    director
  2. 2026-06-08
    SWEENEY, Georgia Alisha appointed
    director
  3. 2026-06-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-06-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2026-02-27
    CARTER, Patrick Alexander John resigned
    director
  9. 2026-02-27
    GRIFFITHS, Jessica Holly resigned
    director
  10. 2025-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-11-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2024-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2024-11-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-11-23
    📄
    capital-allotment-shares
    capital · SH01
  18. 2024-11-22
    ASHBOURNE, Richard appointed
    director
  19. 2023-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-12-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  22. 2022-09-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  23. 2021-07-02
    🏢
    Company incorporated
    As 40HHR LIMITED
  24. 2021-07-02
    CERULLI, Vittorio appointed
    director
  25. 2021-07-02
    CERULLI HARMS, Annette Katharina appointed
    director
  26. 2021-07-02
    CARTER, Patrick Alexander John appointed
    director
  27. 2021-07-02
    GRIFFITHS, Jessica Holly appointed
    director
  28. 2021-07-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

40/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CARTER, Patrick Alexander John resigned 2026-02-27; GRIFFITHS, Jessica Holly resigned 2026-02-27

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Richard Ashbourne
Individual · British · DOB 03/1994 · age 32
2550%
25-50% shares22/11/2024
4 historic (ceased) PSCs
  • Mr Patrick Alexander John Carterceased 22/11/2024· 25-50% shares
  • Ms Jessica Holly Griffithsceased 22/11/2024· 25-50% shares
  • Mr Vittorio Cerulliceased 22/11/2024· 25-50% shares
  • Ms Annette Katharina Cerulli Harmsceased 22/11/2024· 25-50% shares

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

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
Incorporated2021-07-02
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

40 Herne Hill Road
London
SE24 0AR
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-07-15
Last: 2026-07-01

Officers (5 active · 2 resigned)

ASHBOURNE, Richard
director · ~32y · appointed 2024-11-22
View their other companies + combined net worth →
Active
CERULLI, Vittorio
director · ~41y · appointed 2021-07-02
View their other companies + combined net worth →
Active
CERULLI HARMS, Annette Katharina
director · ~40y · appointed 2021-07-02
View their other companies + combined net worth →
Active
HEDGER, Angus Benjamin
director · ~26y · appointed 2026-06-08
View their other companies + combined net worth →
Active
SWEENEY, Georgia Alisha
director · ~25y · appointed 2026-06-08
View their other companies + combined net worth →
Active
CARTER, Patrick Alexander John
director · ~38y · appointed 2021-07-02 · resigned 2026-02-27
Resigned
GRIFFITHS, Jessica Holly
director · ~38y · appointed 2021-07-02 · resigned 2026-02-27
Resigned

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

Recent filings (23 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-07-05
appoint-person-director-company-with-name-date
officers · AP01
2026-06-08
appoint-person-director-company-with-name-date
officers · AP01
2026-06-08
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-23
appoint-person-director-company-with-name-date
officers · AP01
2024-11-23
capital-allotment-shares
capital · SH01
2024-11-23