ESION DEVELOPMENTS LIMITED

🌱Startupactive
16036842 · ltd · incorporated 2024-10-23
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
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does

Day-to-day, this Manchester-based real estate management firm likely handles the operational oversight of properties on behalf of third-party owners — collecting rents, coordinating maintenance, and managing tenancies — though its very recent incorporation and wave of director terminations suggest it is still in an early, transitional setup phase.

Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 1 change-of-name
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-12-02
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-12-16
    WHITTINGHAM, Jonathan appointed
    director
  4. 2024-12-16
    A G SECRETARIAL LIMITED resigned
    corporate-secretary
  5. 2024-12-16
    HART, Roger resigned
    director
  6. 2024-12-16
    A G SECRETARIAL LIMITED resigned
    corporate-director
  7. 2024-12-16
    INHOCO FORMATIONS LIMITED resigned
    corporate-director
  8. 2024-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-12-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2024-12-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2024-10-23
    🏢
    Company incorporated
    As ESION DEVELOPMENTS LIMITED
  16. 2024-10-23
    A G SECRETARIAL LIMITED appointed
    corporate-secretary
  17. 2024-10-23
    HART, Roger appointed
    director
  18. 2024-10-23
    A G SECRETARIAL LIMITED appointed
    corporate-director
  19. 2024-10-23
    INHOCO FORMATIONS LIMITED appointed
    corporate-director
  20. 2024-10-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-12-03: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Whittingham
Individual · British · DOB 12/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/12/2024
1 historic (ceased) PSC
  • Inhoco Formations Limitedceased 16/12/2024· 75-100% shares · 75-100% 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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-10-23
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

One St Peter's Square
Manchester
M2 3DE
United Kingdom

Filing status

Accounts
Next due: 2026-07-23
Last made up to:
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (1 active · 4 resigned)

WHITTINGHAM, Jonathan
director · ~51y · appointed 2024-12-16
View their other companies + combined net worth →
Active
A G SECRETARIAL LIMITED
corporate-secretary · appointed 2024-10-23 · resigned 2024-12-16
Resigned
HART, Roger
director · ~55y · appointed 2024-10-23 · resigned 2024-12-16
Resigned
A G SECRETARIAL LIMITED
corporate-director · appointed 2024-10-23 · resigned 2024-12-16
Resigned
INHOCO FORMATIONS LIMITED
corporate-director · appointed 2024-10-23 · resigned 2024-12-16
Resigned

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

Recent filings (11 total)

certificate-change-of-name-company
change-of-name · CERTNM
2025-12-03
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-16
incorporation-company
incorporation · NEWINC
2024-10-23