24GROVEHILL(DEVELOPMENTS) LIMITED
🌿Early-stageactive
13870958 · ltd · incorporated 2022-01-25
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 Jan 2025
Net worth
£-33.8k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £33,825
Cash YoY
+109%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£38k
↑ 109% YoY
Net Worth
-£34k
↓ 40% YoY
Current Assets
£1.3m
↑ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.32M | £1.14M |
| Current assets | £1.33M | £1.14M |
| Cash | £38.1k | £18.2k |
| Debtors | £847 | £4.1k |
| Net assets | £-33.8k | £-24.1k |
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
2
filings
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2026-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-24➕SWAFFER, Patrick Leslie James appointeddirector
- 2025-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-02➕SWAFFER, Nicholas Ravi appointeddirector
- 2022-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-25🏢Company incorporatedAs 24GROVEHILL(DEVELOPMENTS) LIMITED
- 2022-01-25➕SWAFFER, Andrew Christian Thomas appointeddirector
- 2022-01-25📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — SWAFFER, Andrew Christian Thomas (same surname) appointed 2022-01-25. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew Patrick Swaffer Individual · British · DOB 03/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/01/2022 |
Mr Nicholas Ravi Swaffer Individual · British · DOB 01/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/01/2022 |
Mr Andrew Christian Thomas Swaffer Individual · British · DOB 12/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/01/2022 |
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
Active · Construction · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 317 FINCHLEY ROAD CONSTRUCTION CO LIMITED→ 12149154 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 317 FINCHLEY ROAD LTD→ 09210311 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 32 ONE HOMES LIMITED→ 13023820 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 333 CN CONSTRUCTION LTD→ 07055356 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 369 ALLIANCE LTD→ 15605771 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 37C FITZJOHNS LIMITED→ 04512027 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 3ACE MEP CONTRACTORS (UK) LIMITED→ 12783807 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3AM PROPERTIES LIMITED→ 13213433 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 3B BATHROOMS LIMITED→ 14671959 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3BILT LTD→ 16739316 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3D PROJECT DESIGN AND APPLICATION SOLUTIONS LTD→ 13260623 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 3EEE- CONSTRUCTION LIMITED→ 14403447 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2022-01-25
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
7a Willow Bridge Road
London
N1 2LB
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10
Officers (3 active · 0 resigned)
SWAFFER, Andrew Christian Thomas→
Activedirector · ~40y · appointed 2022-01-25
View their other companies + combined net worth →
SWAFFER, Nicholas Ravi→
Activedirector · ~34y · appointed 2022-02-02
View their other companies + combined net worth →
SWAFFER, Patrick Leslie James→
Activedirector · ~75y · appointed 2025-11-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
appoint-person-director-company-with-name-date
officers · AP01
2025-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
appoint-person-director-company-with-name-date
officers · AP01
2022-02-02
incorporation-company
incorporation · NEWINC
2022-01-25