24 KARAT PROPERTIES LTD

🌱Startupactive
16451241 · ltd · incorporated 2025-05-14
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 75 → 66
  • · Bankability: 65 → 55
  • · Distress / opportunity: avoid → speculative
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 1 positive.

  • Opportunity score: 7566
  • Hygiene score: 9070
  • Bankability: 6555
  • Filings: 13
  • ·Distress / opportunity: avoidspeculative
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒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: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
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
3 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
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2026-07-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-06-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-05-14
    🏢
    Company incorporated
    As 24 KARAT PROPERTIES LTD
  4. 2025-05-14
    HORAN, Kenneth appointed
    director
  5. 2025-05-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-27

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mary Horan
Individual · American · DOB 09/1943 · age 83
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/05/2025
Mr Kenneth Horan
Individual · Irish · DOB 07/1946 · age 80
sig. influencesignificant influence14/05/2025

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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10 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeltd
Incorporated2025-05-14
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2, Flat 5 Pier Road
Milford Haven
SA73 3BA
United Kingdom

Filing status

Accounts
Next due: 2027-02-14
Last made up to:
Confirmation statement
Next due: 2026-05-27OVERDUE
Last:

Officers (1 active · 0 resigned)

HORAN, Kenneth
director · ~80y · appointed 2025-05-14
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-07
dissolution-application-strike-off-company
dissolution · DS01
2026-06-19
incorporation-company
incorporation · NEWINC
2025-05-14