3 SPENCER PARADE LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 66/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
7 live charges · 5 lenders · oldest 1.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.9 years old — likely still in initial term.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £477.1k | £150.0k |
| Current assets | £284 | £2 |
| Cash | £284 | — |
| Net assets | £-174.1k | £150.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 3 mortgage
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2026-02-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-22🔒Charge registered #7Lender: Hampshire Trust Bank PLC
- 2026-01-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-06🔓Charge satisfied #2
- 2026-01-06🔓Charge satisfied #1
- 2025-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-21🔒Charge registered #6Lender: Lendco Limited
- 2025-11-21🔓Charge satisfied #5
- 2025-11-21🔓Charge satisfied #4
- 2025-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-25🔒Charge registered #5Lender: Romaco Spv 10 Limited
- 2025-06-25🔒Charge registered #4Lender: Romaco Spv 10 Limited
- 2025-05-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-22🔒Charge registered #3Lender: Interbay Funding LTD
- 2025-03-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-01➕CHAUHAN, Anneka Bhavini appointeddirector
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-28🔒Charge registered #2Lender: Romaco Spv 2 Limited
- 2024-06-28🔒Charge registered #1Lender: Romaco Spv 2 Limited
- 2024-05-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-02-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-03🏢Company incorporatedAs 3 SPENCER PARADE LIMITED
- 2022-08-03➕PUTJATINS, Aleksandrs appointeddirector
- 2022-08-03📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-01-22: A registered charge; 2025-11-21: A registered charge; 2025-06-25: A registered charge
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Chauhan & Putjatins Estates Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Chauhan & Putjatins Estates Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/08/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 11 LEICESTER ROAD MANAGEMENT COMPANY LIMITED→ 06736651 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 146 TACHBROOK STREET (MANAGEMENT COMPANY) LIMITED→ 03919288 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| 168 ESTATE GROUP LTD→ 15172261 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST CHOICE LETTINGS (CORBY) LTD→ 11844968 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 2 THE GREEN RENTALS LTD→ 14544482 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 247 DESTINY LTD→ 15257774 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 27 EARDLEY CRESCENT FREEHOLD LIMITED→ 08634135 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 28 PORTLAND PLACE LIMITED→ 16951256 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2FA PROPERTIES LIMITED→ 14268369 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 35 PROPERTY (LETTINGS) LTD→ 12393043 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 37 REGENT STREET LIMITED→ 12908131 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 389 DEVELOPMENTS LIMITED→ 15842023 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 2 properties | 22/01/2026 | — | |
| outstanding | Lendco Lendco Limited | A registered charge | 1 property | 21/11/2025 | — | |
| satisfied | Romaco Spv 10 Romaco Spv 10 Limited | A registered charge | 1 property | 25/06/2025 | 21/11/2025 | |
| satisfied | Romaco Spv 10 Romaco Spv 10 Limited | A registered charge | 1 property | 25/06/2025 | 21/11/2025 | |
| outstanding | InterBay Interbay Funding LTD | A registered charge | 1 property | 22/05/2025 | — | |
| satisfied | Romaco Spv 2 Romaco Spv 2 Limited | A registered charge | 1 property | 28/06/2024 | 06/01/2026 | |
| satisfied | Romaco Spv 2 Romaco Spv 2 Limited | A registered charge | 1 property | 28/06/2024 | 06/01/2026 |