12 GORE TERRACE LTD
💤Zombieactive
14646234 · ltd · incorporated 2023-02-07
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 Feb 2025
Net worth
£304.6k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 66/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
12 live charges · 8 lenders · oldest 3.1y
5/100
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.
- · 8 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
66/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £304,578
Key financials
1 year extracted from filed iXBRL accountsCash
£1k
Net Worth
£305k
Current Assets
£282k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 |
|---|---|
| Total assets | £1.69M |
| Current assets | £282.1k |
| Cash | £1.2k |
| Debtors | £280.8k |
| Net assets | £304.6k |
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
4
filings
- • 3 mortgage
- • 1 accounts
Last 180 days
7
filings
- • 4 mortgage
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-05🔒Charge registered #12Lender: Hope Capital 3 Limited
- 2026-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-29🔓Charge satisfied #6
- 2026-01-29🔓Charge satisfied #5
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19🔒Charge registered #11Lender: Ultimate Bridging Finance Limited
- 2025-11-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-10-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-01-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-08🔒Charge registered #10Lender: Shawbrook Bank Limited
- 2024-09-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-18🔓Charge satisfied #9
- 2024-09-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-07🔒Charge registered #9Lender: Sophie Joanna Anders
- 2024-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-19🔒Charge registered #8Lender: Paratus Amc Limited
- 2024-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-11🔓Charge satisfied #4
- 2024-04-11🔓Charge satisfied #3
- 2024-04-11🔓Charge satisfied #2
- 2024-04-11🔓Charge satisfied #1
- 2024-04-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-09🔒Charge registered #7Lender: Onesavings Bank PLC
- 2024-01-08🔒Charge registered #6Lender: Funding 365 Mortgages Limited
- 2024-01-08🔒Charge registered #5Lender: Funding 365 Mortgages Limited
- 2023-08-11🔒Charge registered #4Lender: Hbb Bridging Loans Limited
- 2023-08-11🔒Charge registered #3Lender: Hbb Bridging Loans Limited
- 2023-03-08🔒Charge registered #2Lender: Funding 365 Mortgages Limited
- 2023-03-08🔒Charge registered #1Lender: Funding 365 Mortgages Limited
- 2023-02-07🏢Company incorporatedAs 12 GORE TERRACE LTD
- 2023-02-07➕VERNON, Frederick Edward Constantine appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Fecv Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Fecv Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
12 GORE TERRACE LTD
This company · 14646234
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Fecv Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/10/2023 |
3 historic (ceased) PSCs
- Fecv Holdings Ltdceased 10/09/2024· 75-100% shares · 75-100% voting · board control
- Mr Frederick Edward Constantine Vernonceased 09/10/2023· 75-100% shares · 75-100% voting · board control
- Mr Frederick Edward Constantine Vernonceased 02/10/2023· 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 · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 105 PORTLAND LIMITED→ 15216047 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 107 NORMAN ROAD LN LTD→ 14174469 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 10A ROCHESTER CLOSE LIMITED→ 14871024 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 115A HIGH STREET LIMITED→ 12837143 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 13-21 LINDEN COURT RTM COMPANY LIMITED→ 09767222 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 14 BARLEYCORN LTD→ 16042589 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 187 LOWER CLAPTON ROAD LIMITED→ 15284637 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 19 BODMIN ROAD LTD→ 14183613 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1LSK PROPERTIES LIMITED→ 13991574 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST AVENUE CAPITAL LTD→ 12298343 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 1STAVENUE.CO.UK LIMITED→ 05913713 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 2 SWANS LIMITED→ 16932331 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2023-02-07
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
5-7 Station Road
Longfield
Kent
DA3 7QD
England
Filing status
Accounts
Next due: 2026-11-27
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-23
Last: 2026-01-09
Officers (1 active · 0 resigned)
VERNON, Frederick Edward Constantine→
Activedirector · ~34y · appointed 2023-02-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
5
Outstanding
5
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hope Capital 3 Hope Capital 3 Limited | A registered charge | 2 properties | 05/02/2026 | — | |
| outstanding | Ultimate Bridging Finance Ultimate Bridging Finance Limited | A registered charge | 1 property | 19/12/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 08/10/2024 | — | |
| satisfied | Sophie Joanna Anders | A registered charge | 1 property | 07/06/2024 | 18/09/2024 | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 19/04/2024 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 09/02/2024 | — | |
| satisfied | Funding 365 Mortgages Funding 365 Mortgages Limited | A registered charge | 1 property | 08/01/2024 | 29/01/2026 | |
| satisfied | Funding 365 Mortgages Funding 365 Mortgages Limited | A registered charge | 1 property | 08/01/2024 | 29/01/2026 | |
| satisfied | Hbb Bridging Loans Hbb Bridging Loans Limited | A registered charge | 2 properties | 11/08/2023 | 11/04/2024 | |
| satisfied | Hbb Bridging Loans Hbb Bridging Loans Limited | A registered charge | 2 properties | 11/08/2023 | 11/04/2024 | |
| satisfied | Funding 365 Mortgages Funding 365 Mortgages Limited | A registered charge | 1 property | 08/03/2023 | 11/04/2024 | |
| satisfied | Funding 365 Mortgages Funding 365 Mortgages Limited | A registered charge | 1 property | 08/03/2023 | 11/04/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (40 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-17
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-20
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-01-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-18