BROWN & HOPE PROPERTY LTD

💤Zombieactive
14711803 · ltd · incorporated 2023-03-07
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
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
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 70/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 2.9y

0/100
under pressure

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

  • · Newest facility, 2.9 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-12-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2024-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-04-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-04-30
    🔓
    Charge satisfied #2
  8. 2024-04-30
    🔓
    Charge satisfied #1
  9. 2024-03-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-03-22
    🔒
    Charge registered #3
    Lender: Paratus Amc Limited
  11. 2023-07-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2023-07-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-07-14
    🔒
    Charge registered #2
    Lender: Romaco Spv 2 Limited
  14. 2023-07-14
    🔒
    Charge registered #1
    Lender: Romaco Spv 2 Limited
  15. 2023-03-07
    🏢
    Company incorporated
    As BROWN & HOPE PROPERTY LTD
  16. 2023-03-07
    JOHNSTON, Luke appointed
    director
  17. 2023-03-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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 ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Luke Johnston
Individual · British · DOB 03/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/03/2023

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
Incorporated2023-03-07
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7 The Croft
East Ord
Berwick Upon Tweed
Northumberland
TD15 2NB
England

Filing status

Accounts
Next due: 2026-06-27
Last made up to: 2024-03-30
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (1 active · 0 resigned)

JOHNSTON, Luke
director · ~34y · appointed 2023-03-07
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
Paratus Amc
Paratus Amc Limited
A registered charge1 property22/03/2024
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property14/07/202330/04/2024
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property14/07/202330/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-20
incorporation-company
incorporation · NEWINC
2023-03-07