275 PROPERTIES LTD

🌱Startupactive
16218042 · ltd · incorporated 2025-01-30
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 1.0y

0/100
too messy

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

  • · Newest facility, 1.0 years old — likely still in initial term.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 mortgage
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
5
filings
  • 4 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-05-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-05-20
    🔒
    Charge registered #6
    Lender: Onesavings Bank PLC
  3. 2025-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-12-08
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  7. 2025-12-08
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  8. 2025-12-08
    🔒
    Charge registered #3
    Lender: Paratus Amc Limited
  9. 2025-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-06-20
    🔒
    Charge registered #2
    Lender: Ms Lending Spv 1 Limited
  12. 2025-06-20
    🔒
    Charge registered #1
    Lender: Ms Lending Spv 1 Limited
  13. 2025-01-30
    🏢
    Company incorporated
    As 275 PROPERTIES LTD
  14. 2025-01-30
    ATANASOV, Dimitar Radoslavov appointed
    director
  15. 2025-01-30
    LUCAVETCHI, Mugurel appointed
    director
  16. 2025-01-30
    📄
    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 1.3 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

1 med · 1 low
6 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-05-20: A registered charge; 2025-12-08: A registered charge; 2025-12-08: A registered charge

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mugurel Lucavetchi
Individual · British · DOB 03/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting30/01/2025
Mr Dimitar Radoslavov Atanasov
Individual · Bulgarian · DOB 09/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting30/01/2025

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2025-01-30
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

27 Camden Road
Sutton
SM1 2SH
England

Filing status

Accounts
Next due: 2026-10-30
Last made up to:
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29

Officers (2 active · 0 resigned)

ATANASOV, Dimitar Radoslavov
director · ~43y · appointed 2025-01-30
View their other companies + combined net worth →
Active
LUCAVETCHI, Mugurel
director · ~49y · appointed 2025-01-30
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
6
Outstanding
4
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property20/05/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property08/12/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property08/12/2025
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property08/12/2025
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge1 property20/06/2025
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge1 property20/06/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (8 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-24
incorporation-company
incorporation · NEWINC
2025-01-30