5AB LEASING LIMITED

🌿Early-stageactive
15208583 · ltd · incorporated 2023-10-13
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£195.1k
book net assets
Opportunity
72/100
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 bankable structure.

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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 2.0y

50/100
clean up first

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

  • · Newest facility, 2.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · accounting standard not declared
Positive net assets
Net assets £195,111

Key financials

1 year extracted from filed iXBRL accounts
Cash
£293k
Net Worth
£195k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-31
Total assets£225.6k
Cash£293.2k
Net assets£195.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
3
filings
  • 2 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-02-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-20
    🔓
    Charge satisfied #1
  4. 2026-02-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-02-09
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  6. 2026-01-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2026-01-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2026-01-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-06-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-09-19
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2024-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2024-08-08
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  14. 2023-10-13
    🏢
    Company incorporated
    As 5AB LEASING LIMITED
  15. 2023-10-13
    KALIRAI, Satbir Singh appointed
    director
  16. 2023-10-13
    THEARA, Sanjeevan Singh appointed
    director
  17. 2023-10-13
    📄
    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 2.8 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.)

Group structure

5ab Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
5ab Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
5AB LEASING LIMITED
This company · 15208583

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
5ab Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/10/2023

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-10-13
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Devonshire Business Centre
Unit 27 Works Road
Letchworth Garden City
Hertfordshire
SG6 1GJ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12

Officers (2 active · 0 resigned)

KALIRAI, Satbir Singh
director · ~37y · appointed 2023-10-13
View their other companies + combined net worth →
Active
THEARA, Sanjeevan Singh
director · ~38y · appointed 2023-10-13
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
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property09/02/2026
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge08/08/202420/02/2026
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
2026-04-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-10
change-person-director-company-with-change-date
officers · CH01
2026-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-13
change-person-director-company-with-change-date
officers · CH01
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
change-account-reference-date-company-current-extended
accounts · AA01
2024-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
incorporation-company
incorporation · NEWINC
2023-10-13