1865 PROPERTIES LTD
🌿Early-stageactive
15477574 · ltd · incorporated 2024-02-09
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 Feb 2025
Net worth
£-178
book net assets
Opportunity
77/100
Strong
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)Property-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 77/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 1.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.1 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · 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
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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 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 105 (micro)Negative net assets
Liabilities exceed assets by £178
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£178
Current Assets
£877
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 |
|---|---|
| Total assets | £-178 |
| Current assets | £877 |
| Net assets | £-178 |
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
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-14🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2025-07-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-17🔒Charge registered #1Lender: Chetwood Financial Limited, Trading as Modamortgages
- 2024-05-30➕MELLOR, Sara Patricia appointeddirector
- 2024-05-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-09🏢Company incorporatedAs 1865 PROPERTIES LTD
- 2024-02-09➕MELLOR, Neil Brian appointeddirector
- 2024-02-09📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sara Patricia Mellor Individual · British · DOB 06/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/07/2025 |
Mr Neil Brian Mellor Individual · English · DOB 12/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/02/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 1983 PROPERTIES LTD→ 16212731 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1AAM LTD→ 16630570 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1B PROPERTY LIMITED→ 11854825 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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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
Incorporated2024-02-09
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
3rd Floor, 86-90 Paul Street
London
England
EC2A 4NE
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18
Officers (2 active · 0 resigned)
MELLOR, Neil Brian→
Activedirector · ~58y · appointed 2024-02-09
View their other companies + combined net worth →
MELLOR, Sara Patricia→
Activedirector · ~51y · appointed 2024-05-30
View their other companies + combined net worth →
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 | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 14/08/2025 | — | |
| outstanding | Chetwood Financial , Trading as Modamortgages Chetwood Financial Limited, Trading as Modamortgages | A registered charge | 1 property | 17/04/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (10 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-18
appoint-person-director-company-with-name-date
officers · AP01
2024-05-30
incorporation-company
incorporation · NEWINC
2024-02-09