LOCKSBRIDGE LAND DEVELOPMENTS LTD

🌿Early-stageactive
14396259 · ltd · incorporated 2022-10-04
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.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£-7.9k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -42% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.2y

10/100
under pressure

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

  • · Newest facility, 2.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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 £7,868
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 42% YoY
Net Worth
-£8k
↓ 290% YoY
Current Assets
£1.4m
↑ 149% YoY
Current Liabilities
-£8k£269k£547k£824k£1.1m£1.4mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£-7.9k£-2.0k
Current assets£1.38M£552.8k
Cash£5.4k£9.4k
Net assets£-7.9k£-2.0k

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

🔒Filing-note intelligence

2 signals 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 (10 events)Click to expand
  1. 2025-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-03-01
    🔒
    Charge registered #1
    Lender: Roslyn Elizabeth Gibbs & James Dean Gibbs
  6. 2022-10-04
    🏢
    Company incorporated
    As LOCKSBRIDGE LAND DEVELOPMENTS LTD
  7. 2022-10-04
    GONZALEZ-SAYANS, Martin appointed
    director
  8. 2022-10-04
    SOFAT, Anna appointed
    director
  9. 2022-10-04
    SOFAT, Janardan appointed
    director
  10. 2022-10-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Anna Sofat
Individual · British · DOB 01/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting04/10/2022
Mr Martin Gonzalez-Sayans
Individual · British · DOB 04/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting04/10/2022
Mr Janardan Sofat
Individual · British · DOB 05/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting04/10/2022

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
Incorporated2022-10-04
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Karinga House The Warren
Caversham
Reading
Berkshire
RG4 7TQ
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17

Officers (3 active · 0 resigned)

GONZALEZ-SAYANS, Martin
director · ~43y · appointed 2022-10-04
View their other companies + combined net worth →
Active
SOFAT, Anna
director · ~66y · appointed 2022-10-04
View their other companies + combined net worth →
Active
SOFAT, Janardan
director · ~68y · appointed 2022-10-04
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
Roslyn Elizabeth Gibbs & James Dean Gibbs
A registered charge1 property01/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
incorporation-company
incorporation · NEWINC
2022-10-04