8NORTH PROPERTY LTD
🌿Early-stageactive
13936465 · ltd · incorporated 2022-02-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£-36.2k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. 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
2 live charges · oldest 3.9y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £36,155
Cash YoY
-11%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£934
↓ 11% YoY
Net Worth
-£36k
↑ 19% YoY
Current Assets
£935
↓ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £147.3k | £138.2k |
| Current assets | £935 | £1.0k |
| Cash | £934 | £1.0k |
| Debtors | £1 | £1 |
| Net assets | £-36.2k | £-44.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2025-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-12🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2022-08-12🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2022-03-19➕WESTOE, Maureen appointeddirector
- 2022-03-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-23🏢Company incorporatedAs 8NORTH PROPERTY LTD
- 2022-02-23➕PEARSON, Jonathan appointeddirector
- 2022-02-23📄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 60 — 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 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jonathan Pearson Individual · British · DOB 08/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/02/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R.B ESTATES LTD→ 13256144 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AHCR PROPERTIES LTD→ 12326325 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ PROPERTY DEVELOPMENT AND RENTALS LIMITED→ 16700237 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AK NORTH EAST PROPERTY SPECIALIST LIMITED→ 13136895 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALJ PROPERTY INVESTMENT LTD→ 13206167 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL IN A ROWE LIMITED→ 16863944 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL IN ONE BUSINESS CENTRE LIMITED→ 15869091 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLURE PROPCO (BC) LIMITED→ 05835250 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALMIT PROPERTIES LIMITED→ 06642506 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ALPHA CENTAURI GROUP LIMITED→ 10254024 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALTIC INDUSTRIES LIMITED→ 03734630 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| AMIRAPROPERTYHOLDINGS LTD→ 15986498 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2022-02-23
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
17 Pine Grove
Darlington
DL3 8JF
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22
Officers (2 active · 0 resigned)
PEARSON, Jonathan→
Activedirector · ~58y · appointed 2022-02-23
View their other companies + combined net worth →
WESTOE, Maureen→
Activedirector · ~60y · appointed 2022-03-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/08/2022 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/08/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-16
appoint-person-director-company-with-name-date
officers · AP01
2022-03-19
incorporation-company
incorporation · NEWINC
2022-02-23