104 HOLDINGS UK LTD
🌿Early-stageactive
14087431 · ltd · incorporated 2022-05-05
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 3.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-40.2k
book net assets
Opportunity
67/100
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 67/100 (strong), bankability 60/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
9 live charges · 2 lenders · oldest 3.9y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~3.9 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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 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
9 connected companies via shared directors
72
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £40,240
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£40k
Current Assets
£2k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 |
|---|---|
| Total assets | £175.4k |
| Current assets | £2.0k |
| Net assets | £-40.2k |
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
3
filings
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-04-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-10-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-31🔒Charge registered #9Lender: The Mortgage Lender Limited
- 2025-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-11🔒Charge registered #8Lender: Together Commercial Finance Limited
- 2024-12-11🔒Charge registered #7Lender: Together Commercial Finance Limited
- 2024-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-05🔒Charge registered #6Lender: The Mortgage Lender Limited
- 2024-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-06🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2024-03-06🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2024-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-02🔒Charge registered #3Lender: The Mortgage Lender Limited
- 2023-01-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-04🔓Charge satisfied #1
- 2022-12-21🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2022-06-23🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2022-05-05🏢Company incorporatedAs 104 HOLDINGS UK LTD
- 2022-05-05➕BOAK, Matthew Dempster appointeddirector
- 2022-05-05➕HALL, Jonathon Ryan appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited 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 low8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jonathon Ryan Hall Individual · British · DOB 08/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/05/2022 |
Mr Matthew Dempster Boak Individual · British · DOB 12/1994 · age 32 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/05/2022 |
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 →Similar companies
Active · Property · CA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMCAT(UK) LTD→ 08683790 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ANNEDERSKY PROPERTY DEVELOPMENTS LIMITED→ 08926007 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ARMSTRONG HENDERSON LIMITED→ 09433073 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ARMSTRONG HOUSE MANAGEMENT COMPANY LIMITED→ 09414756 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ASH LEA CARGO LTD→ 15928571 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASIDUO LTD→ 16939804 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASKHAM MOTORS LIMITED→ 05838596 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ASM PROPERTIES (CARLISLE) LTD→ 16896395 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASW (PROPERTIES) LIMITED→ 05170512 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AT HOME WITH FW LTD→ 13586675 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AT RENTALS LIMITED→ 11626515 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ATACK PROPERTIES LIMITED→ 12617251 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-05-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Caldew Properties Former Mgm Motors
Morton Street
Carlisle
CA2 5UU
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-18
Last: 2026-05-04
Officers (2 active · 0 resigned)
BOAK, Matthew Dempster→
Activedirector · ~32y · appointed 2022-05-05
View their other companies + combined net worth →
HALL, Jonathon Ryan→
Activedirector · ~34y · appointed 2022-05-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
8
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 31/03/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 11/12/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 11/12/2024 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 05/11/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 06/03/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 06/03/2024 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 02/02/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 21/12/2022 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 23/06/2022 | 04/01/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-15
change-person-director-company-with-change-date
officers · CH01
2025-10-15
change-person-director-company-with-change-date
officers · CH01
2025-10-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-30
change-person-director-company-with-change-date
officers · CH01
2024-12-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-28
change-person-director-company-with-change-date
officers · CH01
2024-12-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-27