31 LEG STREET LTD

🌿Early-stageactive
14650858 · ltd · incorporated 2023-02-09
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 Feb 2025
Net worth
£-204
book net assets
Opportunity
71/100
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 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 1.0y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (76/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
9 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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £204
Very low cash
Cash position: £96

Key financials

1 year extracted from filed iXBRL accounts
Cash
£96
Net Worth
-£204
Current Assets
£7k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-28
Total assets£-204
Current assets£6.6k
Cash£96
Debtors£6.5k
Net assets£-204

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-04-10
    🔒
    Charge registered #2
    Lender: Romaco Spv 2 Limited (Company Number 10179215)
  5. 2025-04-10
    🔒
    Charge registered #1
    Lender: Romaco Spv 2 Limited (Company Number 10179215)
  6. 2024-12-11
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2024-11-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-02-09
    🏢
    Company incorporated
    As 31 LEG STREET LTD
  9. 2023-02-09
    FRENCH, Alexander James appointed
    director
  10. 2023-02-09
    HICKMAN, Alexander William appointed
    director
  11. 2023-02-09
    SINGH, Bhagwant appointed
    director
  12. 2023-02-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

Vidya Group Holdiings Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Vidya Group Holdiings Ltd
Corporate parent · holds 25-50% shares
significant stake
31 LEG STREET LTD
This company · 14650858

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
Mr Bhagwant Singh
Individual · British · DOB 11/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting09/02/2023
Vidya Group Holdiings Ltd
Corporate entity
2550%
25-50% shares · firm interest09/02/2023

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-02-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Heame House 23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (3 active · 0 resigned)

FRENCH, Alexander James
director · ~37y · appointed 2023-02-09
View their other companies + combined net worth →
Active
HICKMAN, Alexander William
director · ~35y · appointed 2023-02-09
View their other companies + combined net worth →
Active
SINGH, Bhagwant
director · ~42y · appointed 2023-02-09
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Romaco Spv 2 (Company Number 10179215)
Romaco Spv 2 Limited (Company Number 10179215)
A registered charge1 property10/04/2025
outstanding
Romaco Spv 2 (Company Number 10179215)
Romaco Spv 2 Limited (Company Number 10179215)
A registered charge1 property10/04/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-12-11
accounts-with-accounts-type-dormant
accounts · AA
2024-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-08
incorporation-company
incorporation · NEWINC
2023-02-09