23 INCORPORATED LTD

🌿Early-stageactive
15324411 · ltd · incorporated 2023-12-03
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£500
book net assets
Opportunity
61/100
Worth a look
🔔
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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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 60/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (71/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
8 filings
60
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
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £500

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£500
Current Assets
£83k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£500
Current assets£83.0k
Net assets£500

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-11-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-05-13
    IFABIYI, Olabode appointed
    director
  5. 2025-05-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-12-03
    🏢
    Company incorporated
    As 23 INCORPORATED LTD
  8. 2023-12-03
    ABEGUNDE, Femi Abidemi appointed
    director
  9. 2023-12-03
    AKANJI, Musbau appointed
    director
  10. 2023-12-03
    SESAN, Akinyemi Oluwaseun appointed
    director
  11. 2023-12-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

45/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Young company: Only 2.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Musbau Akanji
Individual · Nigerian · DOB 06/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/12/2023

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
Incorporated2023-12-03
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

15 Laurel Court
Malton
YO17 6BY
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-31OVERDUE
Last: 2025-05-17

Officers (4 active · 0 resigned)

ABEGUNDE, Femi Abidemi
director · ~47y · appointed 2023-12-03
View their other companies + combined net worth →
Active
AKANJI, Musbau
director · ~46y · appointed 2023-12-03
View their other companies + combined net worth →
Active
IFABIYI, Olabode
director · ~44y · appointed 2025-05-13
View their other companies + combined net worth →
Active
SESAN, Akinyemi Oluwaseun
director · ~47y · appointed 2023-12-03
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (8 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-30
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-17
appoint-person-director-company-with-name-date
officers · AP01
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
change-person-director-company-with-change-date
officers · CH01
2024-05-13
incorporation-company
incorporation · NEWINC
2023-12-03