QWR PROPERTIES NE02 LIMITED

🌿Early-stageactive
14133664 · ltd · incorporated 2022-05-26
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
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 3.7y

25/100
too messy

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

  • · Charge age ~3.7 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
5
filings
  • 3 mortgage
  • 2 officers
Last 90 days
5
filings
  • 3 mortgage
  • 2 officers
Last 180 days
7
filings
  • 4 officers
  • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-06-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2026-06-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2026-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-05-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2026-05-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2026-05-31
    🔓
    Charge satisfied #2
  7. 2026-05-31
    🔓
    Charge satisfied #1
  8. 2026-05-28
    🔒
    Charge registered #3
    Lender: Prs Operations Limited
  9. 2026-05-22
    WILLIS, Jacqui Laura appointed
    secretary
  10. 2026-05-22
    HEAZELL, Frances Victoria resigned
    secretary
  11. 2026-01-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2026-01-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-12-19
    RIDDELL, James Hendry appointed
    director
  14. 2025-12-19
    SAUNDERS, James Michael Edward resigned
    director
  15. 2025-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2025-01-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-01-23
    🔒
    Charge registered #2
    Lender: Trimont Europe Limited
  18. 2024-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2023-10-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2022-10-16
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  21. 2022-09-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2022-09-12
    🔒
    Charge registered #1
    Lender: Trimont Real Estate Advisors, U.K., LTD.
  23. 2022-05-26
    🏢
    Company incorporated
    As QWR PROPERTIES NE02 LIMITED
  24. 2022-05-26
    SLAVIN, Philip Simon appointed
    director
  25. 2022-05-26
    HEAZELL, Frances Victoria appointed
    secretary
  26. 2022-05-26
    SAUNDERS, James Michael Edward appointed
    director
  27. 2022-05-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some 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 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

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HEAZELL, Frances Victoria resigned 2026-05-22; SAUNDERS, James Michael Edward resigned 2025-12-19

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Wembley Ne02 Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wembley Ne02 Investments Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
QWR PROPERTIES NE02 LIMITED
This company · 14133664

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
Wembley Ne02 Investments Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/05/2022

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 →

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

8 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
Incorporated2022-05-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

180 Great Portland Street
London
W1W 5QZ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-08
Last: 2025-05-25

Officers (3 active · 2 resigned)

WILLIS, Jacqui Laura
secretary · appointed 2026-05-22
View their other companies + combined net worth →
Active
RIDDELL, James Hendry
director · ~47y · appointed 2025-12-19
View their other companies + combined net worth →
Active
SLAVIN, Philip Simon
director · ~52y · appointed 2022-05-26
View their other companies + combined net worth →
Active
HEAZELL, Frances Victoria
secretary · appointed 2022-05-26 · resigned 2026-05-22
Resigned
SAUNDERS, James Michael Edward
director · ~60y · appointed 2022-05-26 · resigned 2025-12-19
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Prs Operations
Prs Operations Limited
A registered charge1 property28/05/2026
satisfied
Trimont Europe
Trimont Europe Limited
A registered charge1 property23/01/202531/05/2026
satisfied
Trimont Real Estate Advisors, U.K., .
Trimont Real Estate Advisors, U.K., LTD.
A registered charge12/09/202231/05/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2026-06-05
appoint-person-secretary-company-with-name-date
officers · AP03
2026-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-01
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-31
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-31
termination-director-company-with-name-termination-date
officers · TM01
2026-01-02
appoint-person-director-company-with-name-date
officers · AP01
2026-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-08
accounts-with-accounts-type-dormant
accounts · AA
2025-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-24
accounts-with-accounts-type-dormant
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-03
accounts-with-accounts-type-dormant
accounts · AA
2023-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
change-account-reference-date-company-current-shortened
accounts · AA01
2022-10-16