1298 LTD
🌿Early-stageactive
13527637 · ltd · incorporated 2021-07-23
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 4.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£-143.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 72/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 4.5y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · 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, 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
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
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £143,761
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£144k
↓ 131% YoY
Current Assets
£8k
↓ 30% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £399.1k | £414.8k |
| Current assets | £8.5k | £12.1k |
| Net assets | £-143.8k | £-62.2k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-16📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-04-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-11🔓Charge satisfied #1
- 2021-11-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-26🔒Charge registered #1Lender: United Trust Bank Limited
- 2021-07-23🏢Company incorporatedAs 1298 LTD
- 2021-07-23➕HAYWARD, Jonathan Malcolm appointeddirector
- 2021-07-23➕HAYWARD, Vanessa appointeddirector
- 2021-07-23📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 Jonathan Malcolm Hayward Individual · British · DOB 12/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/07/2021 |
Mrs Vanessa Hayward Individual · British · DOB 11/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 4TH STREET KITCHEN LTD.→ 10749788 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 5 RIVERS SPORTS BAR & GRILL LTD→ 10305559 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 52 COBBOLD ROAD MANAGEMENT COMPANY LIMITED→ 03601282 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-07-23
Jurisdictionengland-wales
Primary SIC55209 — Other holiday and other collective accommodation
Registered office
Green Gable Hill Pound
Swanmore
Southampton
SO32 2UN
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (2 active · 0 resigned)
HAYWARD, Jonathan Malcolm→
Activedirector · ~51y · appointed 2021-07-23
View their other companies + combined net worth →
HAYWARD, Vanessa→
Activedirector · ~55y · appointed 2021-07-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | 1 property | 26/11/2021 | 11/02/2023 |
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-07
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-26
incorporation-company
incorporation · NEWINC
2021-07-23