45 REDAN STREET LIMITED

🌱Startupactive
16293813 · ltd · incorporated 2025-03-05
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
70/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 0.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (15 events)Click to expand
  1. 2026-05-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-07-30
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  6. 2025-07-30
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  7. 2025-07-30
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  8. 2025-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2025-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2025-03-05
    🏢
    Company incorporated
    As 45 REDAN STREET LIMITED
  13. 2025-03-05
    TIGG, David Peter appointed
    director
  14. 2025-03-05
    TIGG, Rachel Louise appointed
    director
  15. 2025-03-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +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 ·
3 new charges in last 12 months
medium

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

Evidence: 2025-07-30: A registered charge; 2025-07-30: A registered charge; 2025-07-30: A registered charge

Group structure

Seaforward Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Seaforward Limited
Corporate parent · holds 75-100% shares
ultimate parent
45 REDAN STREET LIMITED
This company · 16293813

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Seaforward Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting05/03/2025

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 →
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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
Incorporated2025-03-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Addison Studios
188a Blythe Road
London
Greater London
W14 0HD
England

Filing status

Accounts
Next due: 2026-08-11
Last made up to:
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (2 active · 0 resigned)

TIGG, David Peter
director · ~47y · appointed 2025-03-05
View their other companies + combined net worth →
Active
TIGG, Rachel Louise
director · ~47y · appointed 2025-03-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties30/07/2025
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property30/07/2025
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property30/07/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (10 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-04
change-person-director-company-with-change-date
officers · CH01
2025-07-04
change-person-director-company-with-change-date
officers · CH01
2025-07-04
incorporation-company
incorporation · NEWINC
2025-03-05