CHERRYPICK HOMES LTD

💤Zombieactive
SC568792 · ltd · incorporated 2017-06-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£-146.3k
book net assets
Opportunity
64/100
Worth a look
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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 property-backed borrower — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), 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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 8.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £146,340

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£146k
↑ 1.4% YoY
Current Assets
£438
~ YoY
Current Liabilities
-£148k-£119k-£89k-£59k-£29k£438Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Current assets£438£438
Net assets£-146.3k£-148.4k

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-05-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-04-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-02-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2024-12-27
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  9. 2024-05-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-05-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-06-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2022-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-03-31
    LEUNG, Peter appointed
    director
  18. 2020-03-31
    LAU, Jonathan Wai Pong resigned
    director
  19. 2020-03-31
    LAU, Moon Chook resigned
    director
  20. 2020-03-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2020-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2017-10-13
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  23. 2017-09-26
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  24. 2017-06-15
    🏢
    Company incorporated
    As CHERRYPICK HOMES LTD
  25. 2017-06-15
    LAU, Jonathan Wai Pong appointed
    director
  26. 2017-06-15
    LAU, Moon Chook appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-14

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Peter Siu-Kwong Leung
Individual · British · DOB 01/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control31/03/2025
3 historic (ceased) PSCs
  • Wealthone Holdings Ltdceased 31/03/2025· 75-100% shares · 75-100% voting · board control
  • Peter Leungceased 05/05/2022· 75-100% shares · 75-100% voting · board control
  • Mr Jonathan Wai Pong Lauceased 31/03/2020· 25-50% shares · 25-50% voting

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 →
🔒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
Incorporated2017-06-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

352 Holburn Street
Aberdeen
AB10 7GX

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-04-14OVERDUE
Last: 2025-03-31

Officers (1 active · 2 resigned)

LEUNG, Peter
director · ~44y · appointed 2020-03-31
View their other companies + combined net worth →
Active
LAU, Jonathan Wai Pong
director · ~37y · appointed 2017-06-15 · resigned 2020-03-31
Resigned
LAU, Moon Chook
director · ~71y · appointed 2017-06-15 · resigned 2020-03-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property13/10/2017
outstanding
Together Money
Together Commercial Finance Limited
A registered charge26/09/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-21
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-21
gazette-notice-compulsory
gazette · GAZ1
2025-02-11
default-companies-house-registered-office-address-applied
address · RP05
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
change-person-director-company-with-change-date
officers · CH01
2024-05-22
change-person-director-company-with-change-date
officers · CH01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-10