475 ASHLEY ROAD LTD

🌿Early-stageactive
14547641 · ltd · incorporated 2022-12-19
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
year to Dec 2024
Net worth
£-45.1k
book net assets
Opportunity
69/100
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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 70/100. 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 -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 3.1y

20/100
under pressure

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

  • · Charge age ~3.1 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 £45,106
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↓ 37% YoY
Net Worth
-£45k
↓ 23% YoY
Current Assets
£17k
Current Liabilities
-£45k-£33k-£20k-£8k£5k£17kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£393.1k£329.6k
Current assets£17.1k
Cash£6.1k£9.8k
Debtors£11.0k
Net assets£-45.1k£-36.6k

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 address
Last 180 days
2
filings
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-05-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-06-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-06-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2024-06-20
    🔓
    Charge satisfied #2
  9. 2024-06-20
    🔓
    Charge satisfied #1
  10. 2024-06-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2024-06-17
    🔒
    Charge registered #3
    Lender: Onesavings Bank PLC
  12. 2024-03-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2023-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-05-26
    🔒
    Charge registered #2
    Lender: Commercial Acceptances Limited
  16. 2023-05-26
    🔒
    Charge registered #1
    Lender: Commercial Acceptances Limited
  17. 2022-12-19
    🏢
    Company incorporated
    As 475 ASHLEY ROAD LTD
  18. 2022-12-19
    WIGG, Benjamin Lindsay appointed
    director
  19. 2022-12-19
    WIGG, Oliver Laurence appointed
    director
  20. 2022-12-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

1 med · 1 low
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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

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

🏛️
Wiggbros Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
475 ASHLEY ROAD LTD
This company · 14547641

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
Wiggbros Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting19/12/2022

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-12-19
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Tc Thompson Taraz Rand Suite 20, New Cambridge House
Bassingbourn Road
Litlington
Cambridgeshire
SG8 0SS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (2 active · 0 resigned)

WIGG, Benjamin Lindsay
director · ~43y · appointed 2022-12-19
View their other companies + combined net worth →
Active
WIGG, Oliver Laurence
director · ~45y · appointed 2022-12-19
View their other companies + combined net worth →
Active

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
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property17/06/2024
satisfied
Commercial Acceptances
Commercial Acceptances Limited
A registered charge26/05/202320/06/2024
satisfied
Commercial Acceptances
Commercial Acceptances Limited
A registered charge1 property26/05/202320/06/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-18
certificate-change-of-name-company
change-of-name · CERTNM
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-01
incorporation-company
incorporation · NEWINC
2022-12-19