71 OLD PENK LTD
🌿Early-stageactive
13876639 · ltd · incorporated 2022-01-27
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 3.1y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~3.1 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
3 charges (3/3 with lender, 3/3 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
8 connected companies via shared directors
69
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 2 mortgage
Last 90 days
4
filings
- • 2 mortgage
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
4
filings
- • 2 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-05-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-15🔓Charge satisfied #2
- 2026-05-15🔓Charge satisfied #1
- 2026-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-17🔒Charge registered #3Lender: Mint Property Finance Limited
- 2023-10-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-12🔒Charge registered #2Lender: Alternative Development Finance Limited
- 2023-04-12🔒Charge registered #1Lender: Alternative Development Finance Limited
- 2022-01-27🏢Company incorporatedAs 71 OLD PENK LTD
- 2022-01-27➕MCLAUGHLIN, Richard appointeddirector
- 2022-01-27➕SALMON, John Julian appointeddirector
- 2022-01-27📄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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
John Salmon Individual · British · DOB 10/1968 · age 58 | 50–75% | 50–75% | 50-75% shares · 50-75% voting · firm interest | 27/01/2022 |
Mr Richard Mclaughlin Individual · British · DOB 05/1971 · age 55 | 50–75% | 50–75% | 50-75% shares · 50-75% voting · firm interest | 27/01/2022 |
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
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|---|---|---|---|---|---|---|---|
| 19 LIFTING LTD→ 16223481 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| A & C ELECTRICAL SERVICES (UK) LIMITED→ 08170449 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| A B PROJECTS LIMITED→ 07340955 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A B PROPERTY & DEVELOPMENT HOLDINGS LTD→ 13062242 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A&C BUSINESS LTD→ 12884631 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 ELECTRICAL CONTRACTORS LTD→ 16236122 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 HARTSHILL PVCU LTD→ 06395001 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| A1 SEALTIGHT ROOFING LIMITED→ 05014970 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| A2Z BATHROOM INSTALLATIONS LTD→ 17070538 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A2Z BATHROOM SERVICES LTD→ 17070545 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A2Z PLUMBING & HEATING LIMITED→ 05316587 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2022-01-27
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
4 Longridge Farm Levedale Road
Dunston
Stafford
Staffordshire
ST18 9AL
United Kingdom
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26
Officers (2 active · 0 resigned)
MCLAUGHLIN, Richard→
Activedirector · ~55y · appointed 2022-01-27
View their other companies + combined net worth →
SALMON, John Julian→
Activedirector · ~58y · appointed 2022-01-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mint Property Finance Mint Property Finance Limited | A registered charge | 1 property | 17/04/2024 | — | |
| satisfied | Alternative Development Finance Alternative Development Finance Limited | A registered charge | 1 property | 12/04/2023 | 15/05/2026 | |
| satisfied | Alternative Development Finance Alternative Development Finance Limited | A registered charge | 1 property | 12/04/2023 | 15/05/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (13 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-15
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-dormant
accounts · AA
2023-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
incorporation-company
incorporation · NEWINC
2022-01-27