ABSOLUTE PROPERTY & LETTINGS LTD
🌱Startupactive
16364640 · ltd · incorporated 2025-04-04
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
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
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
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 0.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (56/100)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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2026-05-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-08🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2025-12-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-10-21📄capital-allotment-sharescapital · SH01
- 2025-04-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-14📄capital-allotment-sharescapital · SH01
- 2025-04-04🏢Company incorporatedAs ABSOLUTE PROPERTY & LETTINGS LTD
- 2025-04-04➕LEDDIE, Ryan Adam appointeddirector
- 2025-04-04📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
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.
- +Young company: Only 1.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ryan Adam Leddie Individual · British · DOB 01/1987 · age 39 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 04/04/2025 |
Mrs Laura Leddie Individual · English · DOB 04/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/04/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 8486 HIGH GOSPORT (FREEHOLDCO) LIMITED→ 16676187 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| ABRAR SATTAR ASSOCIATES LTD→ 16104869 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| AC PAHN PROPERTY LTD→ 14153648 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AC TC PROPERTY LTD→ 14595084 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACACIA TREE HOMES LTD→ 12999890 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACAMAS PROPERTIES LIMITED→ 01531665 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| ACCE HOLDINGS LTD→ 13503765 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOMMODATIONS EUROPE LIMITED→ 11991401 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACCRINGTON EXPRESS HOUSE (FREEHOLDCO) LIMITED→ 14156232 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2025-04-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Unit 1 Cabourn House Station Street
Bingham
Nottingham
NG13 8AQ
England
Filing status
Accounts
Next due: 2027-01-04
Last made up to: —
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (1 active · 0 resigned)
LEDDIE, Ryan Adam→
Activedirector · ~39y · appointed 2025-04-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 08/05/2026 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (10 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-28
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-15
capital-allotment-shares
capital · SH01
2025-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-14
capital-allotment-shares
capital · SH01
2025-04-14
incorporation-company
incorporation · NEWINC
2025-04-04