1 SANFORD LIMITED

💤Zombieactive
13496696 · ltd · incorporated 2021-07-06
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 Jul 2024
Net worth
£-1.6k
book net assets
Opportunity
71/100
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 71/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 4.6y

5/100
under pressure

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

  • · Charge age ~4.6 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 £1,606

Key financials

1 year extracted from filed iXBRL accounts
Cash
£12k
Net Worth
-£2k
Current Assets
£13k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-31
Total assets£105.0k
Current assets£12.9k
Cash£12.1k
Debtors£790
Net assets£-1.6k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2025-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-02-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-01-31
    🔒
    Charge registered #4
    Lender: United Trust Bank Limited
  7. 2025-01-31
    🔒
    Charge registered #3
    Lender: United Trust Bank Limited
  8. 2024-07-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-07-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-04-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-04-19
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  13. 2024-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2023-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-10-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-09-30
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  17. 2021-07-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-07-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2021-07-08
    SETHI, Ravi Pershad resigned
    director
  20. 2021-07-08
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2021-07-06
    🏢
    Company incorporated
    As 1 SANFORD LIMITED
  22. 2021-07-06
    SYED, Ilyas Ali appointed
    director
  23. 2021-07-06
    SETHI, Ravi Pershad appointed
    director
  24. 2021-07-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ilyas Ali Syed
Individual · British · DOB 04/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/07/2021
1 historic (ceased) PSC
  • Mr Ravi Pershad Sethiceased 08/07/2021· 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

10 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
Incorporated2021-07-06
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Millennium Court
First Avenue
Burton Upon Trent
Staffordshire
DE14 2WH
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (1 active · 1 resigned)

SYED, Ilyas Ali
director · ~52y · appointed 2021-07-06
View their other companies + combined net worth →
Active
SETHI, Ravi Pershad
director · ~51y · appointed 2021-07-06 · resigned 2021-07-08
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
United Trust Bank
United Trust Bank Limited
A registered charge1 property31/01/2025
outstanding
United Trust Bank
United Trust Bank Limited
A registered charge1 property31/01/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge2 properties19/04/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property30/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2026-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
change-person-director-company-with-change-date
officers · CH01
2024-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27