1056 PROPERTY LIMITED

💤Zombieactive
14367195 · ltd · incorporated 2022-09-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
68/100
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
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

13 live charges · 2 lenders · oldest 2.1y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees1100

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-12-10
    🔒
    Charge registered #13
    Lender: Coutts & Company
  9. 2024-12-05
    🔒
    Charge registered #12
    Lender: Coutts & Company
  10. 2024-12-05
    🔒
    Charge registered #11
    Lender: Coutts & Company
  11. 2024-12-05
    🔒
    Charge registered #10
    Lender: Coutts & Company
  12. 2024-12-05
    🔒
    Charge registered #8
    Lender: Coutts & Company
  13. 2024-12-04
    🔒
    Charge registered #9
    Lender: Coutts & Company
  14. 2024-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-03-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2024-03-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2024-03-20
    🔓
    Charge satisfied #6
  18. 2024-03-19
    🔒
    Charge registered #7
    Lender: Paragon Bank PLC
  19. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-03-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2024-03-12
    🔒
    Charge registered #6
    Lender: Paragon Bank PLC
  26. 2024-03-12
    🔒
    Charge registered #5
    Lender: Paragon Bank PLC
  27. 2024-03-12
    🔒
    Charge registered #4
    Lender: Paragon Bank PLC
  28. 2024-03-12
    🔒
    Charge registered #3
    Lender: Paragon Bank PLC
  29. 2024-03-12
    🔒
    Charge registered #2
    Lender: Paragon Bank PLC
  30. 2024-03-12
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  31. 2023-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  32. 2023-10-23
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  33. 2022-09-21
    🏢
    Company incorporated
    As 1056 PROPERTY LIMITED
  34. 2022-09-21
    RUSSELL, Finn Alastair appointed
    director
  35. 2022-09-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
12 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Finn1056 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Finn1056 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
1056 PROPERTY LIMITED
This company · 14367195

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
Finn1056 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/09/2022

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

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

10 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
Incorporated2022-09-21
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Lynton House
7-12 Tavistock Square
London
WC1H 9BQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (1 active · 0 resigned)

RUSSELL, Finn Alastair
director · ~34y · appointed 2022-09-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

13
Total charges
12
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
TypeProperties
outstanding
NatWest Group
Coutts & Company
A registered charge1 property10/12/2024
outstanding
NatWest Group
Coutts & Company
A registered charge1 property05/12/2024
outstanding
NatWest Group
Coutts & Company
A registered charge1 property05/12/2024
outstanding
NatWest Group
Coutts & Company
A registered charge1 property05/12/2024
outstanding
NatWest Group
Coutts & Company
A registered charge1 property05/12/2024
outstanding
NatWest Group
Coutts & Company
A registered charge1 property04/12/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property19/03/2024
satisfied
Paragon
Paragon Bank PLC
A registered charge1 property12/03/202420/03/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property12/03/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property12/03/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property12/03/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property12/03/2024
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property12/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (22 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-17
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-13