1LSK PROPERTIES LIMITED

🌿Early-stageactive
13991574 · ltd · incorporated 2022-03-21
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£7.22M
book net assets
Opportunity
68/100
Strong
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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
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 60/100. 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 (58/100).

🏦

Refinance opportunity

16 live charges · 2 lenders · oldest 3.8y

40/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
16 charges (16/16 with lender, 16/16 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
13 connected companies via shared directors
84
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £7,215,474
Cash YoY
+272%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£188k
↑ 272% YoY
Net Worth
£7.2m
~ YoY
Current Assets
£3.2m
↑ 11% YoY
Current Liabilities
£0£1.4m£2.9m£4.3m£5.8m£7.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£12.49M£12.47M
Current assets£3.25M£2.92M
Cash£188.2k£50.5k
Debtors£3.06M£2.87M
Net assets£7.22M£7.20M

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

🔒Filing-note intelligence

3 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
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-12-03
    🔒
    Charge registered #16
    Lender: Paragon Bank PLC
  6. 2025-11-28
    🔒
    Charge registered #15
    Lender: Paragon Bank PLC
  7. 2025-03-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-04-03
    📄
    capital-allotment-shares
    capital · SH01
  12. 2022-11-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-11-29
    🔒
    Charge registered #14
    Lender: Yorkshire Building Society
  14. 2022-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-11-02
    🔒
    Charge registered #13
    Lender: Yorkshire Building Society
  16. 2022-10-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2022-10-11
    🔒
    Charge registered #12
    Lender: Yorkshire Building Society
  27. 2022-10-11
    🔒
    Charge registered #11
    Lender: Yorkshire Building Society
  28. 2022-10-11
    🔒
    Charge registered #10
    Lender: Yorkshire Building Society
  29. 2022-10-11
    🔒
    Charge registered #9
    Lender: Yorkshire Building Society
  30. 2022-10-11
    🔒
    Charge registered #8
    Lender: Yorkshire Building Society
  31. 2022-10-11
    🔒
    Charge registered #7
    Lender: Yorkshire Building Society
  32. 2022-10-11
    🔒
    Charge registered #6
    Lender: Yorkshire Building Society
  33. 2022-10-11
    🔒
    Charge registered #5
    Lender: Yorkshire Building Society
  34. 2022-10-11
    🔒
    Charge registered #4
    Lender: Yorkshire Building Society
  35. 2022-10-11
    🔒
    Charge registered #3
    Lender: Yorkshire Building Society
  36. 2022-10-11
    🔒
    Charge registered #2
    Lender: Yorkshire Building Society
  37. 2022-10-11
    🔒
    Charge registered #1
    Lender: Yorkshire Building Society
  38. 2022-03-21
    🏢
    Company incorporated
    As 1LSK PROPERTIES LIMITED
  39. 2022-03-21
    KALLAR, Lakhbinder appointed
    director
  40. 2022-03-21
    KALLAR, Sarbjit appointed
    director

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 low
16 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Lakhbinder Kallar
Individual · British · DOB 09/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting21/03/2022
Mrs Sarbjit Kallar
Individual · British · DOB 03/1976 · age 50
2550%
25–50%25-50% shares · 25-50% voting21/03/2022

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2022-03-21
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

150 Station Road
Sidcup
DA15 7AB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (2 active · 0 resigned)

KALLAR, Lakhbinder
director · ~53y · appointed 2022-03-21
View their other companies + combined net worth →
Active
KALLAR, Sarbjit
director · ~50y · appointed 2022-03-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

16
Total charges
16
Outstanding
2
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property03/12/2025
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property28/11/2025
outstanding
Yorkshire Building Society
A registered charge1 property29/11/2022
outstanding
Yorkshire Building Society
A registered charge1 property02/11/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge3 properties11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
outstanding
Yorkshire Building Society
A registered charge1 property11/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-03
capital-allotment-shares
capital · SH01
2023-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-03