DENCOR LIMITED

🌱Startupactive
16929488 · ltd · incorporated 2025-12-23
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.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. 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).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
7
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 change-of-name
Last 90 days
7
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 change-of-name
Last 180 days
8
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-06-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-06-05
    DENCS, Sandor appointed
    director
  3. 2026-06-05
    JOHN, Ceri Richard resigned
    director
  4. 2026-06-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-06-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-06-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2026-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-12-23
    🏢
    Company incorporated
    As DENCOR LIMITED
  10. 2025-12-23
    JOHN, Ceri Richard appointed
    director
  11. 2025-12-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 0.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-06-18: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Sandor Dencs
Individual · Hungarian · DOB 04/1997 · age 29
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/06/2026
1 historic (ceased) PSC
  • Ceri Richard Johnceased 05/06/2026· 75-100% shares · 75-100% voting · board control

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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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.

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Company details

Statusactive
Typeltd
Incorporated2025-12-23
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

33 Claremont Road
Hornchurch
Romford
RM11 1BY
England

Filing status

Accounts
Next due: 2027-09-23
Last made up to:
Confirmation statement
Next due: 2027-06-19
Last: 2026-06-05

Officers (1 active · 1 resigned)

DENCS, Sandor
director · ~29y · appointed 2026-06-05
View their other companies + combined net worth →
Active
JOHN, Ceri Richard
director · ~71y · appointed 2025-12-23 · resigned 2026-06-05
Resigned

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

Recent filings (8 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-06-18
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-05
appoint-person-director-company-with-name-date
officers · AP01
2026-06-05
termination-director-company-with-name-termination-date
officers · TM01
2026-06-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-05
incorporation-company
incorporation · NEWINC
2025-12-23