13 PROPERTIES LTD
🌿Early-stageactive
15604040 · ltd · incorporated 2024-03-29
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
£14.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 70/100. 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
3 live charges · 2 lenders · oldest 1.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 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 declaredPositive net assets
Net assets £14,017
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£14k
Current Assets
£2k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £85.0k |
| Current assets | £1.6k |
| Net assets | £14.0k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-30🔒Charge registered #3Lender: Birmingham Bank Limited
- 2025-02-18📄capital-allotment-sharescapital · SH01
- 2025-02-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-04➖SINGH, Varinder resigneddirector
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-01🔒Charge registered #2Lender: Lendhub Limited
- 2024-07-01🔒Charge registered #1Lender: Lendhub Limited
- 2024-03-29🏢Company incorporatedAs 13 PROPERTIES LTD
- 2024-03-29➕JOHAL, Dalbir Singh appointeddirector
- 2024-03-29➕KAUR, Kamaljit appointeddirector
- 2024-03-29➕SINGH, Varinder appointeddirector
- 2024-03-29📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +Young company: Only 2.2 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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
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 Kamaljit Kaur Individual · Indian · DOB 08/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 29/03/2024 |
Mr Dalbir Singh Johal Individual · British · DOB 11/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/03/2024 |
1 historic (ceased) PSC
- Mr Varinder Singhceased 04/02/2025· 25-50% shares · 25-50% voting
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 · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1.2.1 HOUSES LIMITED→ 13541214 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 105 WHICHMORE PROPERTIES LIMITED→ 11594592 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 137 NEWHALL STREET (MANAGEMENT) LIMITED→ 02196293 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| 168 ESTATES LTD→ 12415040 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 17.17 PROPERTY INVESTMENT LTD→ 16199996 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 170TE ASKL & SONS LTD→ 17077310 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 174SR ASKL & SONS LTD→ 17077409 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1821 PROPERTY INVESTMENTS LIMITED→ 13717351 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 184-66 LTD→ 16081337 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1878 PUBCO LTD→ 07806757 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 18FH LTD→ 14047793 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 192 PROPERTIES LTD→ 16399000 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2024-03-29
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
53 Coles Lane
West Bromwich
B71 2QJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (2 active · 1 resigned)
JOHAL, Dalbir Singh→
Activedirector · ~56y · appointed 2024-03-29
View their other companies + combined net worth →
KAUR, Kamaljit→
Activedirector · ~45y · appointed 2024-03-29
View their other companies + combined net worth →
SINGH, Varinder→
Resigneddirector · ~40y · appointed 2024-03-29 · resigned 2025-02-04
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Birmingham Bank Birmingham Bank Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Lendhub Lendhub Limited | A registered charge | 1 property | 01/07/2024 | — | |
| outstanding | Lendhub Lendhub Limited | A registered charge | 1 property | 01/07/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-18
capital-allotment-shares
capital · SH01
2025-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-06
termination-director-company-with-name-termination-date
officers · TM01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-03
incorporation-company
incorporation · NEWINC
2024-03-29