3 ON THE ROAD ESTATES LIMITED

🌱Startupactive
16003653 · ltd · incorporated 2024-10-08
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
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Turnover
year to Dec 2025
Net worth
£-711
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
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (68/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £711

Key financials

1 year extracted from filed iXBRL accounts
Cash
£36k
Net Worth
-£711
Current Assets
£36k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-31
Total assets£-711
Current assets£35.7k
Cash£35.7k
Net assets£-711

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-08
    🏢
    Company incorporated
    As 3 ON THE ROAD ESTATES LIMITED
  4. 2024-10-08
    GETGROUND SECRETARY LIMITED appointed
    corporate-secretary
  5. 2024-10-08
    HUNSAWAENG, Seksun appointed
    director
  6. 2024-10-08
    PAYYAWAD, Thanwadee appointed
    director
  7. 2024-10-08
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2024-10-08
    📄
    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 1.8 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Thanwadee Payyawad
Individual · British · DOB 12/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting08/10/2024
Seksun Hunsawaeng
Individual · British · DOB 07/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting08/10/2024

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
Incorporated2024-10-08
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Getground
1 Lyric Square
London
W6 0NB
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (3 active · 0 resigned)

GETGROUND SECRETARY LIMITED
corporate-secretary · appointed 2024-10-08
View their other companies + combined net worth →
Active
HUNSAWAENG, Seksun
director · ~52y · appointed 2024-10-08
View their other companies + combined net worth →
Active
PAYYAWAD, Thanwadee
director · ~49y · appointed 2024-10-08
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-25
change-account-reference-date-company-current-extended
accounts · AA01
2024-10-08
incorporation-company
incorporation · NEWINC
2024-10-08