23 PROPERTY LTD
🌿Early-stageactive
15030917 · ltd · incorporated 2023-07-26
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 Jul 2025
Net worth
£-34.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 1.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)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
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
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £34,823
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£35k
↓ 322% YoY
Current Assets
£1k
↑ 253% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £62.9k | £89.4k |
| Current assets | £1.4k | £388 |
| Net assets | £-34.8k | £-8.2k |
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
2
filings
- • 1 accounts
- • 1 address
Last 180 days
2
filings
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-04-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-29🔒Charge registered #2Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2024-07-29🔒Charge registered #1Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2023-12-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-07-26🏢Company incorporatedAs 23 PROPERTY LTD
- 2023-07-26➕DHAMMI, Vanisha appointedsecretary
- 2023-07-26➕NARENDRALAL, Hardic appointedsecretary
- 2023-07-26➕DHAMMI, Vanisha appointeddirector
- 2023-07-26➕NARENDRALAL, Hardic appointeddirector
- 2023-07-26📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Vanisha Dhammi Individual · British · DOB 03/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/07/2023 |
Mr Hardic Narendralal Individual · Portuguese · DOB 04/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/07/2023 |
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.
See pricing →Similar companies
Active · Property · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 THE PLACE LTD→ 11943812 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 13 DEVELOPMENTS AND DWELLINGS LTD→ 16428300 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 14 WESTGATE HUNSTANTON LIMITED→ 14961189 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 140MD LIMITED→ 16379901 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1507 LETTINGS LIMITED→ 12535683 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 208 LR LTD→ 13470276 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 22 BELTON ROAD WEST LIMITED→ 16981770 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 22HD LTD→ 12700118 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 22K LTD→ 13576626 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 234 EPR LTD→ 12325591 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 234 PROPERTIES LTD→ 13882710 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 24 CHAPEL STREET LIMITED→ 10428602 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2023-07-26
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
21-23 High View Close
Leicester
LE4 9LJ
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (4 active · 0 resigned)
Active
NARENDRALAL, Hardic→
Activesecretary · appointed 2023-07-26
View their other companies + combined net worth →
DHAMMI, Vanisha→
Activedirector · ~57y · appointed 2023-07-26
View their other companies + combined net worth →
NARENDRALAL, Hardic→
Activedirector · ~36y · appointed 2023-07-26
View their other companies + combined net worth →
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 | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 29/07/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 29/07/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-31
accounts-with-accounts-type-dormant
accounts · AA
2023-12-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-09
incorporation-company
incorporation · NEWINC
2023-07-26