48SC LTD
🌿Early-stageactive
15180736 · ltd · incorporated 2023-10-02
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 Oct 2024
Net worth
£-8.0k
book net assets
Opportunity
77/100
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 77/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 2.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.0 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · 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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £8,036
Very low cash
Cash position: £32
Key financials
1 year extracted from filed iXBRL accountsCash
£32
Net Worth
-£8k
Current Assets
£32
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 |
|---|---|
| Total assets | £101.0k |
| Current assets | £32 |
| Cash | £32 |
| Net assets | £-8.0k |
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 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-20🔒Charge registered #2Lender: Joan Rita Davies
- 2024-05-20🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2023-12-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-01➕NEALES, Carole Angela appointeddirector
- 2023-11-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-12➕CROCKER, Patricia Louise appointeddirector
- 2023-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-23➖CROCKER, Patricia Louise resigneddirector
- 2023-10-23➖NEALES, Carole Angela resigneddirector
- 2023-10-02🏢Company incorporatedAs 48SC LTD
- 2023-10-02➕CLEARWATER PROPERTY INVESTMENTS appointedcorporate-director
- 2023-10-02➕TRICIA & PAUL PROPERTIES LTD appointedcorporate-director
- 2023-10-02➕CROCKER, Patricia Louise appointeddirector
- 2023-10-02➕NEALES, Carole Angela appointeddirector
- 2023-10-02📄incorporation-companyincorporation · NEWINC
Owner dependency
60/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Young company: Only 2.7 years old — management layer unlikely to be developed.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
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
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Clearwater Property Investments
Corporate parent · holds 25-50% shares · board control
🏛️significant stake
Tricia & Paul Properties Ltd
Corporate parent · holds 25-50% shares · board control
⬇
48SC LTD
This company · 15180736
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Clearwater Property Investments Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/10/2023 |
Tricia & Paul Properties Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/10/2023 |
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
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| 126 LONDON ROAD MANAGEMENT COMPANY PETERBOROUGH LIMITED→ 13363234 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 145 ALL SAINTS ROAD LTD→ 15450257 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2-3 AMOR WAY LIMITED→ 16864621 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 22 TREGOTHNAN ROAD LIMITED→ 06744389 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 2CMFY LTD→ 13928269 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2H HOMES LTD→ 14527114 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 327 HIGH STREET COTTENHAM LIMITED→ 02825327 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| 33 SIMPSON STREET MANCHESTER (UK) LTD→ 14504484 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 365RESIDENTIAL LTD→ 12157001 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 38 PLEASANT VALLEY MANAGEMENT CO. LIMITED→ 02204559 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| 4EVER HOME RENTALS LIMITED→ 11299308 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 50/51 BATEMAN STREET FREEHOLD LIMITED→ 06996527 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2023-10-02
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
36 Oatlands Avenue
Bar Hill
Cambridge
CB23 8EQ
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (4 active · 2 resigned)
CROCKER, Patricia Louise→
Activedirector · ~45y · appointed 2023-11-12
View their other companies + combined net worth →
NEALES, Carole Angela→
Activedirector · ~69y · appointed 2023-12-01
View their other companies + combined net worth →
CLEARWATER PROPERTY INVESTMENTS→
Activecorporate-director · appointed 2023-10-02
View their other companies + combined net worth →
TRICIA & PAUL PROPERTIES LTD→
Activecorporate-director · appointed 2023-10-02
View their other companies + combined net worth →
CROCKER, Patricia Louise→
Resigneddirector · ~45y · appointed 2023-10-02 · resigned 2023-10-23
NEALES, Carole Angela→
Resigneddirector · ~69y · appointed 2023-10-02 · resigned 2023-10-23
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Joan Rita Davies | A registered charge | 1 property | 20/05/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 20/05/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
change-person-director-company-with-change-date
officers · CH01
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-18
change-person-director-company-with-change-date
officers · CH01
2024-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-21
appoint-person-director-company-with-name-date
officers · AP01
2023-12-12
appoint-person-director-company-with-name-date
officers · AP01
2023-11-23
termination-director-company-with-name-termination-date
officers · TM01
2023-10-25
termination-director-company-with-name-termination-date
officers · TM01
2023-10-25
incorporation-company
incorporation · NEWINC
2023-10-02