18 SEAFORTH LTD
🌱Startupactive
16015063 · ltd · incorporated 2024-10-14
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 Oct 2025
Net worth
£-55.6k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 1.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £55,615
Key financials
1 year extracted from filed iXBRL accountsCash
£43k
Net Worth
-£56k
Current Assets
£46k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 |
|---|---|
| Total assets | £378.5k |
| Current assets | £45.7k |
| Cash | £43.3k |
| Debtors | £2.4k |
| Net assets | £-55.6k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-14🔓Charge satisfied #2
- 2025-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-09🔒Charge registered #3Lender: Quantum Mortgages Limited
- 2025-05-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-08🔒Charge registered #2Lender: Quantum Mortgages Limited
- 2025-01-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-07➖FELDMAN, Abraham resigneddirector
- 2025-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-26🔒Charge registered #1Lender: Leto Holdings Limited
- 2024-11-18➕RECHNITZER, Raphael Aaron appointeddirector
- 2024-11-18➖WINEGARTEN, Moshe Yisroel resigneddirector
- 2024-11-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-14🏢Company incorporatedAs 18 SEAFORTH LTD
- 2024-10-14➕FELDMAN, Abraham appointeddirector
- 2024-10-14➕WINEGARTEN, Moshe Yisroel appointeddirector
- 2024-10-14📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Young company: Only 1.7 years old — management layer unlikely to be developed.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raphael Aaron Rechnitzer Individual · British · DOB 02/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/11/2024 |
3 historic (ceased) PSCs
- Yetta Rechnitzerceased 29/01/2025· 25-50% shares · 25-50% voting · board control
- Mr Saul Aaron Meyerceased 18/11/2024· 50-75% shares · 50-75% voting · board control
- Hillbourne Group Ltdceased 18/11/2024· 25-50% shares · 25-50% voting · board control
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 · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 GRANGE LTD→ 17104939 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1 HOWITT ROAD MANAGEMENT COMPANY LIMITED→ 04396497 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 1 WEST HEATH LODGE LTD→ 11377781 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1-STAAR LTD→ 14791730 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 16 SEAFORTH LTD→ 16014968 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 167 LANGHAM ROAD LIMITED→ 04095656 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 17 LEALAND LTD→ 15370387 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 172/174 ST. ANN'S ROAD MANAGEMENT COMPANY LIMITED→ 03125516 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 18 CRANWICH LTD→ 16592962 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 18 WRAY CRESCENT FREEHOLD COMPANY LIMITED→ 14394368 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 189 TUFNELL PARK ROAD LIMITED→ 01732039 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 19 UMBERSTON LTD→ 12497611 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2024-10-14
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
165 Kyverdale Road
London
N16 6PS
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (1 active · 2 resigned)
RECHNITZER, Raphael Aaron→
Activedirector · ~67y · appointed 2024-11-18
View their other companies + combined net worth →
FELDMAN, Abraham→
Resigneddirector · ~34y · appointed 2024-10-14 · resigned 2025-01-07
WINEGARTEN, Moshe Yisroel→
Resigneddirector · ~35y · appointed 2024-10-14 · resigned 2024-11-18
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Quantum Mortgages Quantum Mortgages Limited | A registered charge | 1 property | 09/05/2025 | — | |
| satisfied | Quantum Mortgages Quantum Mortgages Limited | A registered charge | 1 property | 08/05/2025 | 14/05/2025 | |
| outstanding | Leto Holdings Leto Holdings Limited | A registered charge | 1 property | 26/11/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-29
termination-director-company-with-name-termination-date
officers · TM01
2025-01-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18