48 CHATSWORTH ROAD LTD

🌿Early-stageactive
14048086 · ltd · incorporated 2022-04-14
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 3.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
£-301.5k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

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 72/100 (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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.6y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 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
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £301,528

Key financials

1 year extracted from filed iXBRL accounts
Cash
£42k
Net Worth
-£302k
Current Assets
£43k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-31
Total assets£378.6k
Current assets£43.4k
Cash£42.2k
Debtors£1.2k
Net assets£-301.5k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-09-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-08-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-07-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-10-20
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  11. 2022-04-25
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2022-04-14
    🏢
    Company incorporated
    As 48 CHATSWORTH ROAD LTD
  13. 2022-04-14
    JOSHI, Bilesh Kumar Dhirajlal appointed
    director
  14. 2022-04-14
    JOSHI, Trupti appointed
    director
  15. 2022-04-14
    📄
    incorporation-company
    incorporation · NEWINC

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

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

Group structure

Mayfields Estates Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mayfields Estates Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
48 CHATSWORTH ROAD LTD
This company · 14048086

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mayfields Estates Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/04/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · TS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1ST DEGREE LEASE COMPANY LIMITED
16155646 · est 2024 · no financials extracted
1y
2-4 RAKE LANE LIMITED
15924543 · est 2024 · no financials extracted
1y
2026 PROPERTY LIMITED
11308418 · est 2018 · no financials extracted
8y
2211 DEVELOPMENTS LTD
14615400 · est 2023 · no financials extracted
3y
2KBH PROPERTIES LTD
15369370 · est 2023 · no financials extracted
2y
3G LETTINGS LTD
13931210 · est 2022 · no financials extracted
4y
462 PROPERTY HOLDINGS LTD
17121612 · est 2026 · no financials extracted
4ALPHA (9BG) LTD
11807631 · est 2019 · no financials extracted
7y
4ALPHA INVESTMENTS LTD
12275819 · est 2019 · no financials extracted
6y
4LIFE PROPERTIES LTD
14809777 · est 2023 · no financials extracted
3y
4U PROPERTIES LIMITED
12890087 · est 2020 · no financials extracted
5y
6 MADEIRA PARADE LIMITED
06567476 · est 2008 · no financials extracted
18y
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
Incorporated2022-04-14
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Ocg Accountants Ltd Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
TS23 4EA
England

Filing status

Accounts
Next due: 2026-06-27
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-05-06
Last: 2026-04-22

Officers (2 active · 0 resigned)

JOSHI, Bilesh Kumar Dhirajlal
director · ~56y · appointed 2022-04-14
View their other companies + combined net worth →
Active
JOSHI, Trupti
director · ~55y · appointed 2022-04-14
View their other companies + combined net worth →
Active

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
Paragon
Paragon Bank PLC
A registered charge2 properties20/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-09
gazette-notice-compulsory
gazette · GAZ1
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-24
change-account-reference-date-company-current-shortened
accounts · AA01
2022-04-25
incorporation-company
incorporation · NEWINC
2022-04-14