ABSA PROPERTIES LTD

🌿Early-stageactive
15343532 · ltd · incorporated 2023-12-11
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 Dec 2024
Net worth
£1.6k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 71/100 (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

1 live charge · oldest 2.2y

50/100
clean up first

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

  • · Newest facility, 2.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 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
Network not yet resolved
30
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
71/100Strong
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
82
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 £1,572

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£2k
Current Assets
£3k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£314.0k
Current assets£2.5k
Net assets£1.6k

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 (15 events)Click to expand
  1. 2025-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-04-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2024-04-24
    🔒
    Charge registered #1
    Lender: Chl Mortgages for Intermediaries Limited
  12. 2023-12-11
    🏢
    Company incorporated
    As ABSA PROPERTIES LTD
  13. 2023-12-11
    JOSEPH, Bijo appointed
    director
  14. 2023-12-11
    LEKSHMI SASIDHARAN, Sandhya appointed
    director
  15. 2023-12-11
    📄
    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 2.6 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Sandhya Lekshmi Sasidharan
Individual · British · DOB 04/1985 · age 41
2550%
25–50%25-50% shares · 25-50% voting11/12/2023
Mr Bijo Joseph
Individual · British · DOB 11/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting11/12/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

7 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
Incorporated2023-12-11
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

105 Humber Road
Chelmsford
CM1 7PG
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15

Officers (2 active · 0 resigned)

JOSEPH, Bijo
director · ~42y · appointed 2023-12-11
View their other companies + combined net worth →
Active
LEKSHMI SASIDHARAN, Sandhya
director · ~41y · appointed 2023-12-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Chl Mortgages for Intermediaries
Chl Mortgages for Intermediaries Limited
A registered charge1 property24/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-04
change-person-director-company-with-change-date
officers · CH01
2024-09-04
change-person-director-company-with-change-date
officers · CH01
2024-09-04
change-person-director-company-with-change-date
officers · CH01
2024-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-29
incorporation-company
incorporation · NEWINC
2023-12-11