4RW LTD

🌿Early-stageactive
15206475 · ltd · incorporated 2023-10-12
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£-350.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 2.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
7 filings
60
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 102
Negative net assets
Liabilities exceed assets by £350,789

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£351k
Current Assets
£27k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31
Total assets£480.4k
Current assets£27.5k
Cash£1.1k
Debtors£26.4k
Net assets£-350.8k

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-12-12
    🔒
    Charge registered #3
    Lender: Lendco Limited
  3. 2025-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-09-27
    🔒
    Charge registered #2
    Lender: Castle Trust Capital PLC
  6. 2023-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2023-12-14
    🔒
    Charge registered #1
    Lender: Castle Trust Capital PLC
  8. 2023-10-12
    🏢
    Company incorporated
    As 4RW LTD
  9. 2023-10-12
    ELEGBEDE, Adetokunbo Adedeji Oluwaseun appointed
    director
  10. 2023-10-12
    ERIEMO, Nathan Valla appointed
    director
  11. 2023-10-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Adetokunbo Adedeji Oluwaseun Elegbede
Individual · British · DOB 05/1991 · age 35
2550%
25–50%25-50% shares · 25-50% voting12/10/2023
Mr Nathan Valla Eriemo
Individual · British · DOB 12/1991 · age 35
2550%
25–50%25-50% shares · 25-50% voting12/10/2023

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2023-10-12
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

27 Old Gloucester Street
London
WC1N 3AX
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (2 active · 0 resigned)

ELEGBEDE, Adetokunbo Adedeji Oluwaseun
director · ~35y · appointed 2023-10-12
View their other companies + combined net worth →
Active
ERIEMO, Nathan Valla
director · ~35y · appointed 2023-10-12
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
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lendco
Lendco Limited
A registered charge1 property12/12/2025
outstanding
Castle Trust Capital
Castle Trust Capital PLC
A registered charge1 property27/09/2024
outstanding
Castle Trust Capital
Castle Trust Capital PLC
A registered charge1 property14/12/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
incorporation-company
incorporation · NEWINC
2023-10-12