22 THE STREET (WF) 1 LTD

💤Zombieactive
13970932 · ltd · incorporated 2022-03-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

1 live charge · oldest 0.7y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 0.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-312023-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (19 events)Click to expand
  1. 2025-10-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-10-21
    🔒
    Charge registered #1
    Lender: Hmx Holdings Limited (Co Reg No. 13390855)
  3. 2025-10-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-10-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-10-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-10-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-10-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2025-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-10-03
    MCPHERSON, Alistair Keith appointed
    director
  11. 2025-10-03
    NEWMAN, Trevor Malcolm resigned
    director
  12. 2025-03-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2025-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2025-01-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2022-03-11
    🏢
    Company incorporated
    As 22 THE STREET (WF) 1 LTD
  18. 2022-03-11
    NEWMAN, Trevor Malcolm appointed
    director
  19. 2022-03-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-31

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alistair Keith Mcpherson
Individual · British · DOB 10/1983 · age 43
75100%
75-100% shares03/10/2025
2 historic (ceased) PSCs
  • Mr Alistair Keith Mcphersonceased 03/10/2025· 75-100% shares
  • Mr Trevor Malcolm Newmanceased 03/10/2025· 75-100% shares · 75-100% voting · board control

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

10 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
Incorporated2022-03-11
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

3 Cecil Square
Margate
CT9 1BD
England

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (1 active · 1 resigned)

MCPHERSON, Alistair Keith
director · ~43y · appointed 2025-10-03
View their other companies + combined net worth →
Active
NEWMAN, Trevor Malcolm
director · ~80y · appointed 2022-03-11 · resigned 2025-10-03
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Hmx Holdings (Co Reg No. 13390855)
Hmx Holdings Limited (Co Reg No. 13390855)
A registered charge2 properties21/10/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-06
termination-director-company-with-name-termination-date
officers · TM01
2025-10-06
appoint-person-director-company-with-name-date
officers · AP01
2025-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-06
accounts-with-accounts-type-dormant
accounts · AA
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-18
change-person-director-company-with-change-date
officers · CH01
2025-02-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-14