369 PROPERTY LTD

🌿Early-stageactive
13613658 · ltd · incorporated 2021-09-10
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window opening · high confidence
More negotiable than before — 4 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 50
  • · Bankability: 70 → 50
  • · Deal-killer verdict: clean → complicated
  • · Opportunity score: 76 → 66
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 4 recent signals weakening vs 1 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 1 positive.

  • Deal-killer verdict: cleancomplicated
  • Opportunity score: 7666
  • Hygiene score: 9050
  • Bankability: 7050
  • Filings: 910
  • +1 more
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 Aug 2024
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

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
Confirmed no charges registered
85
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
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-05-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2024-11-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-05-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-15
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  6. 2021-09-10
    🏢
    Company incorporated
    As 369 PROPERTY LTD
  7. 2021-09-10
    MORGAN-RUSSELL, Aaliyah appointed
    director
  8. 2021-09-10
    RUSSELL, Wayne appointed
    director
  9. 2021-09-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +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.

Succession & seller-readiness

46/100
Moderate signal

Some 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Wayne Russell
Individual · British · DOB 11/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting10/09/2021
Aaliyah Morgan-Russell
Individual · British · DOB 01/2002 · age 24
2550%
25–50%25-50% shares · 25-50% voting10/09/2021

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2021-09-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

8 Albury Ride
Cheshunt
Waltham Cross
EN8 8XF
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (2 active · 0 resigned)

MORGAN-RUSSELL, Aaliyah
director · ~24y · appointed 2021-09-10
View their other companies + combined net worth →
Active
RUSSELL, Wayne
director · ~58y · appointed 2021-09-10
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-dormant
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-dormant
accounts · AA
2023-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-dormant
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
change-account-reference-date-company-current-shortened
accounts · AA01
2021-09-15
incorporation-company
incorporation · NEWINC
2021-09-10