22 CATHARINE STREET LTD

🌿Early-stageactive
14484076 · ltd · incorporated 2022-11-14
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£-1.4k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

Company profile
address, 2 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
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
7 connected companies via shared directors
66
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
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 £1,400

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
↓ 115% YoY
Current Assets
Current Liabilities
-£1k-£1k-£1k-£950-£800-£650Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£-650£-650
Net assets£-1.4k£-650

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2023-03-10
    🔒
    Charge registered #1
    Lender: Marco Cardinali
  5. 2022-11-14
    🏢
    Company incorporated
    As 22 CATHARINE STREET LTD
  6. 2022-11-14
    BABOURIS, Alexander appointed
    director
  7. 2022-11-14
    CARDINALI, Marco Roberto appointed
    director
  8. 2022-11-14
    📄
    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

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

Group structure

Babouris Properties Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Babouris Properties Ltd
Corporate parent · holds 25-50% shares · board control
significant stake
22 CATHARINE STREET LTD
This company · 14484076

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Babouris Properties Ltd
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/11/2022
Mr Marco Roberto Cardinali
Individual · British · DOB 03/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/11/2022

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

7 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.

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Company details

Statusactive
Typeltd
Incorporated2022-11-14
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Babouris At Wework
50-60 Station Road
Cambridge
Cambridgeshire
CB1 2JH
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (2 active · 0 resigned)

BABOURIS, Alexander
director · ~38y · appointed 2022-11-14
View their other companies + combined net worth →
Active
CARDINALI, Marco Roberto
director · ~49y · appointed 2022-11-14
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
Marco Cardinali
A registered charge1 property10/03/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-22
incorporation-company
incorporation · NEWINC
2022-11-14