398 UNR LTD
🌿Early-stageactive
14600630 · ltd · incorporated 2023-01-18
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 Jan 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 0.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.1 years old — likely still in initial term.
- · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
17 filings on record
85
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|
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
2
filings
- • 2 mortgage
Last 90 days
4
filings
- • 2 mortgage
- • 2 persons-with-significant-control
Last 180 days
4
filings
- • 2 mortgage
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-07🔒Charge registered #2Lender: Titan Finance Limited
- 2026-05-07🔒Charge registered #1Lender: Titan Finance Limited
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-14➕YIP, Alex appointeddirector
- 2024-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-23➖YIP, Alex resigneddirector
- 2023-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-01-18🏢Company incorporatedAs 398 UNR LTD
- 2023-01-18➕CHEUNG, Ka Shing appointeddirector
- 2023-01-18➕YIP, Alex appointeddirector
- 2023-01-18📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Ka Shing Holdings Ltd holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Ka Shing Holdings Ltd
Corporate parent · holds 50-75% shares
⬇
398 UNR LTD
This company · 14600630
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ka Shing Holdings Ltd Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 22/04/2026 |
3 historic (ceased) PSCs
- Suite Spaces Ltdceased 22/04/2026· 75-100% shares
- A Yip Trading Limitedceased 23/10/2023· 25-50% shares · 25-50% voting · board control
- Ka Shing Holdings Ltdceased 23/10/2023· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Property · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3-EIGHT PROPERTY SOLUTIONS LTD→ 12501577 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 32-34 MARKET STREET LIMITED→ 12022556 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 34 HIGH STREET LTD→ 14430039 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 37 WARD STREET LIMITED→ 14624455 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 398 DUFFIELD RD MANAGEMENT COMPANY LIMITED→ 12549561 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 3G'S HINIT PROPERTY LTD→ 16295087 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3S GLOBAL PROPERTY LTD→ 11809519 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 4 BRENT CLOSE LTD→ 16537816 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 VISION PROPERTY LIMITED→ 15471842 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 4 YOU ALL PROPERTY LIMITED→ 12776812 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 47 LETTINGS LTD→ 13017597 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 4KONCEPT LTD→ 13199124 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2023-01-18
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Duffield Road
Derby
DE1 3BB
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24
Officers (2 active · 1 resigned)
CHEUNG, Ka Shing→
Activedirector · ~35y · appointed 2023-01-18
View their other companies + combined net worth →
Active
YIP, Alex→
Resigneddirector · ~44y · appointed 2023-01-18 · resigned 2023-10-23
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Titan Finance Titan Finance Limited | A registered charge | 3 properties | 07/05/2026 | — | |
| outstanding | Titan Finance Titan Finance Limited | A registered charge | 3 properties | 07/05/2026 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (17 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-dormant
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
appoint-person-director-company-with-name-date
officers · AP01
2024-11-14
accounts-with-accounts-type-dormant
accounts · AA
2024-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-24
termination-director-company-with-name-termination-date
officers · TM01
2023-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-10-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-09-07