APEX PROPERTY AGENCY LTD

🌳Matureactive

NI065010 · ltd · incorporated 2007-06-05

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

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£-9.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Real estate agencies

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (69/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £9,477

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

-£9k

Current Assets

£33k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30
Total assets	£5.2k
Current assets	£33.0k
Net assets	£-9.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2025-02-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-18
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2018-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-06-20
➕
WATSON, Sheila Martha appointed
director
2011-01-21
➕
WATSON, Terry appointed
director
2011-01-21
➖
ANDERSON, Neil resigned
director
2007-06-05
🏢
Company incorporated
As APEX PROPERTY AGENCY LTD
2007-06-05
➕
WATSON, Terry appointed
secretary
2007-06-05
➕
C.S. SECRETARIAL SERVICES LTD appointed
corporate-secretary
2007-06-05
➖
C.S. SECRETARIAL SERVICES LTD resigned
corporate-secretary
2007-06-05
➕
ANDERSON, Neil appointed
director
2007-06-05
➕
CS DIRECTOR SERVICES LIMITED appointed
corporate-director
2007-06-05
➖
CS DIRECTOR SERVICES LIMITED resigned
corporate-director

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100

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 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Terry Watson Individual · British · DOB 10/1976 · age 50	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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

Similar companies

Active · Property · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LETTERMONEY PROPERTIES LTD→ NI630635 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
LETTIFF LODGE LTD→ NI057605 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
LEXUS PROJECTS LIMITED→ NI652052 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
LIMES 1 LTD→ NI725558 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
LISBANE DEVELOPMENTS LIMITED→ NI063222 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
LITCHFIR ESTATES LIMITED→ NI638282 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
LITTLE LARNE LTD→ NI627275 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
LJD HOMES LTD→ NI673678 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
LMJ REAL ESTATE LTD→ NI673467 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
LNC CAPITAL LIMITED→ NI720204 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
LORD HARRY COMMERCIAL PROPERTIES LTD→ NI627462 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
LORUP LIMITED→ NI684126 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2007-06-05

Jurisdictionnorthern-ireland

Primary SIC68310 — Real estate agencies

Registered office

158 Union Street

Lurgan

Craigavon

County Armagh

BT66 8EF

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-06-19

Last: 2025-06-05

Officers (3 active · 3 resigned)

WATSON, Terry→

secretary · appointed 2007-06-05

View their other companies + combined net worth →

Active

WATSON, Sheila Martha→

director · ~70y · appointed 2017-06-20

View their other companies + combined net worth →

Active

WATSON, Terry→

director · ~50y · appointed 2011-01-21

View their other companies + combined net worth →

Active

C.S. SECRETARIAL SERVICES LTD→

corporate-secretary · appointed 2007-06-05 · resigned 2007-06-05

Resigned

ANDERSON, Neil→

director · ~47y · appointed 2007-06-05 · resigned 2011-01-21

Resigned

CS DIRECTOR SERVICES LIMITED→

corporate-director · appointed 2007-06-05 · resigned 2007-06-05

Resigned

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

Recent filings (59 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2025-11-30

change-account-reference-date-company-previous-extended

accounts · AA01

2025-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-19

accounts-with-accounts-type-micro-entity

accounts · AA

2025-02-19

change-account-reference-date-company-current-shortened

accounts · AA01

2024-11-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-18

accounts-with-accounts-type-micro-entity

accounts · AA

2024-02-22

change-account-reference-date-company-previous-shortened

accounts · AA01

2023-11-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-19

accounts-with-accounts-type-micro-entity

accounts · AA

2023-02-23

change-account-reference-date-company-previous-shortened

accounts · AA01

2022-11-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-06-30

accounts-with-accounts-type-micro-entity

accounts · AA

2021-11-18

change-account-reference-date-company-previous-shortened

accounts · AA01

2021-08-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-06-28