A&J NICHOLLS PROPERTY LIMITED
🌿Early-stageactive
15510032 · ltd · incorporated 2024-02-21
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-149.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 76/100 (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 (73/100).
🏦
Refinance opportunity
3 live charges · oldest 1.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (72/100)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
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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 102Negative net assets
Liabilities exceed assets by £149,173
Key financials
1 year extracted from filed iXBRL accountsCash
£3k
Net Worth
-£149k
Current Assets
£3k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Total assets | £1.24M |
| Current assets | £3.2k |
| Cash | £3.2k |
| Net assets | £-149.2k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2025-10-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-09🔒Charge registered #3Lender: West One Secured Loans Limited
- 2024-08-09🔒Charge registered #2Lender: West One Secured Loans Limited
- 2024-08-09🔒Charge registered #1Lender: West One Secured Loans Limited
- 2024-02-21🏢Company incorporatedAs A&J NICHOLLS PROPERTY LIMITED
- 2024-02-21➕NICHOLLS, Adrian Marshall appointeddirector
- 2024-02-21➕NICHOLLS, Janine Louise appointeddirector
- 2024-02-21📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-02-21📄incorporation-companyincorporation · NEWINC
Owner dependency
94/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "NICHOLLS" — strong identity link between founder and business.
- +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.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
A & J Nicholls Limited Individual | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 21/02/2024 |
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 →Similar companies
Active · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1-3 TREVENA MANAGEMENT COMPANY LIMITED→ 15299027 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1-5 THE HAVEN (TRURO) MANAGEMENT COMPANY LIMITED→ 10227579 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 120 EAST ROW LTD→ 17023264 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 121 PROPERTY LTD→ 15543219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 BRIGHTON TERRACE LIMITED→ 13964199 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2 MOUNTS VIEW LIMITED→ 16398296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 BELMONT TERRACE LTD→ 06371002 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 8 MARKET STREET LTD→ 11725570 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 85 TOWER ROAD MANAGEMENT COMPANY LIMITED→ 12125951 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A H&B INVESTMENTS LIMITED→ 16078520 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.E. STOKES PROPERTIES LIMITED→ 01392080 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| AARDVARK SUBSTATIONS LIMITED→ 06635496 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2024-02-21
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Penrose House
Goonhavern
Truro
Cornwall
TR4 9QF
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20
Officers (2 active · 0 resigned)
NICHOLLS, Adrian Marshall→
Activedirector · ~55y · appointed 2024-02-21
View their other companies + combined net worth →
NICHOLLS, Janine Louise→
Activedirector · ~58y · appointed 2024-02-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | West One Secured Loans West One Secured Loans Limited | A registered charge | 1 property | 09/08/2024 | — | |
| outstanding | West One Secured Loans West One Secured Loans Limited | A registered charge | 1 property | 09/08/2024 | — | |
| outstanding | West One Secured Loans West One Secured Loans Limited | A registered charge | 1 property | 09/08/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (8 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
change-account-reference-date-company-current-extended
accounts · AA01
2024-02-21
incorporation-company
incorporation · NEWINC
2024-02-21