27A-29 THE GROVE LTD

🌿Early-stageactive
14033471 · ltd · incorporated 2022-04-07
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 3.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2024
Net worth
£439.7k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 60/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 3.6y

60/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
38 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
70
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 · accounting standard not declared
Positive net assets
Net assets £439,749

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£440k
Current Assets
£75
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-30
Total assets£4.55M
Current assets£75
Net assets£439.7k

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
6
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Last 180 days
7
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-04-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2026-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2025-03-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-03-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-03-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-03-19
    🔒
    Charge registered #4
    Lender: United Trust Bank Limited
  12. 2025-03-19
    🔒
    Charge registered #3
    Lender: United Trust Bank Limited
  13. 2025-03-19
    🔒
    Charge registered #2
    Lender: United Trust Bank Limited
  14. 2025-01-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2024-11-01
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  16. 2024-03-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-03-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2024-03-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2024-03-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2024-03-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  21. 2024-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2024-03-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  23. 2023-11-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  24. 2023-10-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  25. 2022-10-13
    🔒
    Charge registered #1
    Lender: Downing LLP
  26. 2022-04-07
    🏢
    Company incorporated
    As 27A-29 THE GROVE LTD
  27. 2022-04-07
    ABHAYARATNA, Kenelm Walter Evan appointed
    director
  28. 2022-04-07
    BODESCU, Tiberiu appointed
    director
  29. 2022-04-07
    CHIFOR, Ioan Alexandru appointed
    director
  30. 2022-04-07
    NASH, David Michael appointed
    director

Owner dependency

48/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Kenelm Walter Evan Abhayaratna
Individual · British · DOB 08/1965 · age 61
sig. influencesignificant influence01/12/2022
Mr Tiberiu Bodescu
Individual · Romanian · DOB 04/1974 · age 52
sig. influencesignificant influence01/12/2022
Mr Ioan Alexandru Chifor
Individual · British · DOB 04/1977 · age 49
sig. influencesignificant influence01/12/2022
Mr David Michael Nash
Individual · British · DOB 02/1987 · age 39
sig. influencesignificant influence07/04/2022

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
Incorporated2022-04-07
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

9 Ferring Marine
Ferring
Worthing
BN12 5PP
England

Filing status

Accounts
Next due: 2027-01-29
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-20
Last: 2026-04-06

Officers (4 active · 0 resigned)

ABHAYARATNA, Kenelm Walter Evan
director · ~61y · appointed 2022-04-07
View their other companies + combined net worth →
Active
BODESCU, Tiberiu
director · ~52y · appointed 2022-04-07
View their other companies + combined net worth →
Active
CHIFOR, Ioan Alexandru
director · ~49y · appointed 2022-04-07
View their other companies + combined net worth →
Active
NASH, David Michael
director · ~39y · appointed 2022-04-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
United Trust Bank
United Trust Bank Limited
A registered charge19/03/2025
outstanding
United Trust Bank
United Trust Bank Limited
A registered charge1 property19/03/2025
outstanding
United Trust Bank
United Trust Bank Limited
A registered charge1 property19/03/2025
outstanding
Downing
Downing LLP
A registered charge1 property13/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
change-person-director-company-with-change-date
officers · CH01
2026-04-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-31
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-15