1 AST PROPERTIES LIMITED

🌿Early-stageactive
13857789 · ltd · incorporated 2022-01-19
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-36.8k
book net assets
Opportunity
62/100
Worth a look
🔔
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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 active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £36,789

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£37k
↑ 37% YoY
Current Assets
£69
↓ 98% YoY
Current Liabilities
-£58k-£46k-£34k-£22k-£9k£3kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£441.7k£424.1k
Current assets£69£3.0k
Net assets£-36.8k£-58.4k

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 (14 events)Click to expand
  1. 2025-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-05-15
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2023-05-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-02-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-02-14
    AHMED, Adam resigned
    director
  10. 2022-01-19
    🏢
    Company incorporated
    As 1 AST PROPERTIES LIMITED
  11. 2022-01-19
    AHMED, Ifthakar appointed
    director
  12. 2022-01-19
    AHMED, Sheraz appointed
    director
  13. 2022-01-19
    AHMED, Adam appointed
    director
  14. 2022-01-19
    📄
    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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-01

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Sheraz Ahmed
Individual · British · DOB 06/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting19/01/2022
Mr Ifthakar Ahmed
Individual · British · DOB 06/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting19/01/2022
1 historic (ceased) PSC
  • Mr Adam Ahmedceased 14/02/2022· 25-50% shares · 25-50% voting

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

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
Incorporated2022-01-19
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

26 Gatefield Road
Sheffield
S7 1RD
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-01OVERDUE
Last: 2025-02-15

Officers (2 active · 1 resigned)

AHMED, Ifthakar
director · ~53y · appointed 2022-01-19
View their other companies + combined net worth →
Active
AHMED, Sheraz
director · ~47y · appointed 2022-01-19
View their other companies + combined net worth →
Active
AHMED, Adam
director · ~21y · appointed 2022-01-19 · resigned 2022-02-14
Resigned

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

Recent filings (13 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-02
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-16
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
gazette-notice-compulsory
gazette · GAZ1
2023-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-15
termination-director-company-with-name-termination-date
officers · TM01
2022-02-15
incorporation-company
incorporation · NEWINC
2022-01-19