BLACKHORSE UK PROPCO LTD
🌿Early-stageactive
13753645 · ltd · incorporated 2021-11-19
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and structurally messy structure.
Opportunity 71/100 (strong), bankability 52/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 4.5y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.5 years — mid-life; refi window approaching.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (62/100)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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 8 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
26 connected companies via shared directors
90
Filing history
49 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
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 officers
Last 90 days
5
filings
- • 3 mortgage
- • 2 officers
Last 180 days
8
filings
- • 4 officers
- • 3 mortgage
- • 1 capital
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-05-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-27➕MACDONALD, Elisabeth Rachael appointeddirector
- 2026-04-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-20➖WEBBER, John resigneddirector
- 2026-04-20🔒Charge registered #7Lender: Aareal Bank Ag
- 2026-04-20🔒Charge registered #6Lender: Aareal Bank Ag as Security Agent
- 2026-04-20🔒Charge registered #5Lender: Aareal Bank Ag as Security Agent
- 2026-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-22➕WARD, Thomas appointeddirector
- 2026-01-22➕WEBBER, John appointeddirector
- 2026-01-05📄capital-allotment-sharescapital · SH01
- 2025-10-03📄capital-allotment-sharescapital · SH01
- 2025-07-08📄capital-allotment-sharescapital · SH01
- 2025-06-02📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-28📄capital-allotment-sharescapital · SH01
- 2024-12-23📄capital-allotment-sharescapital · SH01
- 2024-11-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-02📄capital-allotment-sharescapital · SH01
- 2024-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-31➕ROBINSON, Charlotte Noella appointeddirector
- 2024-05-31➖HERTOG, Leonardus Willemszoon resigneddirector
- 2024-05-31➖KIERANS, Ronan Niall resigneddirector
- 2024-05-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-21🔓Charge satisfied #3
- 2024-05-01📄capital-allotment-sharescapital · SH01
- 2024-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-25🔒Charge registered #4Lender: Investec Bank PLC
- 2024-03-19🔓Charge satisfied #2
- 2024-03-19🔓Charge satisfied #1
- 2022-09-30🔒Charge registered #3Lender: Heritage Square Limited as Agent and Trustee
- 2022-08-02➕KIERANS, Ronan Niall appointeddirector
- 2021-12-21🔒Charge registered #2Lender: Lendinvest Security Trustees Limited
- 2021-12-21🔒Charge registered #1Lender: Lendinvest Security Trustees Limited
- 2021-12-15➕HERTOG, Leonardus Willemszoon appointeddirector
- 2021-12-15➖KIERANS, Ronan Niall resigneddirector
- 2021-11-19🏢Company incorporatedAs BLACKHORSE UK PROPCO LTD
- 2021-11-19➕BROCKLEY, Adam Stephen appointeddirector
- 2021-11-19➕KIERANS, Ronan Niall appointeddirector
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
Red flags
2 med ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-20: A registered charge; 2026-04-20: A registered charge; 2026-04-20: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Blackhorse Uk Holdco Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Blackhorse Uk Holdco Ltd
Corporate parent · holds 75-100% shares · board control
⬇
BLACKHORSE UK PROPCO LTD
This company · 13753645
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Blackhorse Uk Holdco Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/11/2021 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BLACKGOLD TOPSOIL LTD→ 16231326 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLENHEIM FILMS LTD→ 10383477 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLESSED HOME LTD→ 10975275 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BLOND. (HARROGATE) LTD→ 15336953 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BNG (YORKSHIRE) LIMITED→ 15509339 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOB SALISBURY ENGINEERING LIMITED→ 03273606 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| BOND AND BEHAVIOUR LTD→ 16691779 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIZZ MANAGEMENT LTD→ 15312557 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BROCK ORIGINAL LIMITED→ 07441044 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BROMPTON SOLAR LIMITED→ 13488230 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BROWNINGS TRUSTEES LIMITED→ 13902772 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BSGRP LTD→ 14505638 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2021-11-19
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Lower Ground Floor Gardner House
Hornbeam Park Avenue
Harrogate
North Yorkshire
HG2 8NA
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18
Officers (4 active · 4 resigned)
BROCKLEY, Adam Stephen→
Activedirector · ~59y · appointed 2021-11-19
View their other companies + combined net worth →
MACDONALD, Elisabeth Rachael→
Activedirector · ~46y · appointed 2026-05-27
View their other companies + combined net worth →
ROBINSON, Charlotte Noella→
Activedirector · ~35y · appointed 2024-05-31
View their other companies + combined net worth →
WARD, Thomas→
Activedirector · ~48y · appointed 2026-01-22
View their other companies + combined net worth →
HERTOG, Leonardus Willemszoon→
Resigneddirector · ~42y · appointed 2021-12-15 · resigned 2024-05-31
KIERANS, Ronan Niall→
Resigneddirector · ~48y · appointed 2022-08-02 · resigned 2024-05-31
KIERANS, Ronan Niall→
Resigneddirector · ~48y · appointed 2021-11-19 · resigned 2021-12-15
WEBBER, John→
Resigneddirector · ~48y · appointed 2026-01-22 · resigned 2026-04-20
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aareal Bank Ag | A registered charge | — | 20/04/2026 | — | |
| outstanding | Aareal Bank Ag as Security Agent | A registered charge | — | 20/04/2026 | — | |
| outstanding | Aareal Bank Ag as Security Agent | A registered charge | 1 property | 20/04/2026 | — | |
| outstanding | Investec Bank Investec Bank PLC | A registered charge | 1 property | 25/04/2024 | — | |
| satisfied | Heritage Square as Agent and Trustee Heritage Square Limited as Agent and Trustee | A registered charge | 1 property | 30/09/2022 | 21/05/2024 | |
| satisfied | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 21/12/2021 | 19/03/2024 | |
| satisfied | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 21/12/2021 | 19/03/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-05-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-21
appoint-person-director-company-with-name-date
officers · AP01
2026-01-23
appoint-person-director-company-with-name-date
officers · AP01
2026-01-23
capital-allotment-shares
capital · SH01
2026-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-18
capital-allotment-shares
capital · SH01
2025-10-03
capital-allotment-shares
capital · SH01
2025-07-08
accounts-with-accounts-type-full
accounts · AA
2025-06-02
capital-allotment-shares
capital · SH01
2025-03-28
capital-allotment-shares
capital · SH01
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18