2123 THE BRIDGE LTD

🌱Startupactive
16069094 · ltd · incorporated 2024-11-08
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2025
Net worth
£-155.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.2 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (62/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
No PSC data returned
40
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
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 · FRS 102
Negative net assets
Liabilities exceed assets by £155,801

Key financials

1 year extracted from filed iXBRL accounts
Cash
£7k
Net Worth
-£156k
Current Assets
£7k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-11-30
Total assets£-80.5k
Current assets£7.3k
Cash£7.1k
Debtors£220
Net assets£-155.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-02-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-03-04
    🔒
    Charge registered #2
    Lender: Artem Chefranov
  5. 2025-03-04
    🔒
    Charge registered #1
    Lender: Avamore Finance 1 Limited
  6. 2024-11-08
    🏢
    Company incorporated
    As 2123 THE BRIDGE LTD
  7. 2024-11-08
    BOGUSH, Maxim appointed
    director
  8. 2024-11-08
    ROMANENKO, Anna appointed
    director
  9. 2024-11-08
    📄
    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 1.5 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.)

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2024-11-08
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

10 Bigwood Road
London
NW11 7BD
United Kingdom

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07

Officers (2 active · 0 resigned)

BOGUSH, Maxim
director · ~51y · appointed 2024-11-08
View their other companies + combined net worth →
Active
ROMANENKO, Anna
director · ~49y · appointed 2024-11-08
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Artem Chefranov
A registered charge1 property04/03/2025
outstanding
Avamore Finance 1
Avamore Finance 1 Limited
A registered charge1 property04/03/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (5 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-04
incorporation-company
incorporation · NEWINC
2024-11-08