GLEESON DEVELOPMENTS (NORTH EAST) LTD
🌳Matureactive
03867699 · ltd · incorporated 1999-10-28
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
14 live charges · 11 lenders · oldest 20.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 20.1 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
39 officers (3 active, 39 linked, 28 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
191 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (120 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-20📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-01-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-01➕JOHNSON, Leanne appointedsecretary
- 2023-01-01➕PROTHERO, Graham appointeddirector
- 2022-12-31➖THOMSON, James Michael Douglas resigneddirector
- 2022-12-09📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-28📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-02📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2021-04-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-14🔓Charge satisfied #8
- 2021-04-14🔓Charge satisfied #7
- 2021-03-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-24🔒Charge registered #14Lender: Lloyds Bank PLC
- 2021-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-23🔓Charge satisfied #12
- 2021-02-23🔓Charge satisfied #11
- 2021-02-23🔓Charge satisfied #9
- 2021-02-23🔓Charge satisfied #2
- 2021-02-23🔓Charge satisfied #1
- 2020-11-30📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-08🔒Charge registered #13Lender: Jennifer Anne Workman
- 2019-06-10➖HARRISON, Jolyon Leonard resigneddirector
- 2019-06-10➕THOMSON, James Michael Douglas appointeddirector
- 2017-11-20🔒Charge registered #12Lender: Bates Regeneration Limited
- 2017-05-31🔒Charge registered #11Lender: Lambton (Guernsey) Limited
- 2017-03-24🔒Charge registered #10Lender: Northumbria Healthcare Nhs Foundation Trust
- 2015-07-31➕ALLANSON, Stefan Peter appointeddirector
- 2015-07-31➖MARTIN, Alan Christopher resignedsecretary
- 2015-07-31➖MARTIN, Alan Christopher resigneddirector
- 2014-09-05🔒Charge registered #9Lender: The County Council of Durham
- 2014-04-07🔓Charge satisfied #6
- 2014-03-07🔓Charge satisfied #4
- 2014-01-29🔓Charge satisfied #5
- 2013-12-05🔒Charge registered #8Lender: Lloyds Bank PLC
- 2013-12-05🔒Charge registered #7Lender: Lloyds Bank PLC
- 2013-01-22🔓Charge satisfied #3
- 2012-11-22🔒Charge registered #6Lender: Zurich Insurance PLC
- 2012-11-22🔒Charge registered #5Lender: Chartis Europe Limited
- 2012-11-22🔒Charge registered #4Lender: The Co-Operative Bank PLC
- 2011-03-31➖BALDRY, Joy Elizabeth resignedsecretary
Showing most recent 50 of 120 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 26 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mj Gleeson Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mj Gleeson Plc
Corporate parent · holds 75-100% shares · board control
⬇
GLEESON DEVELOPMENTS (NORTH EAST) LTD
This company · 03867699
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mj Gleeson Plc Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 06377227 LIMITED→ 06377227 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 1 ELITE SERVICES LTD→ 17079609 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1 HORNES HOMES LIMITED→ 06696406 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 1 PENCIL LIMITED→ 12605098 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1 PRO SERVICES LTD→ 17084954 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1-2-1 PLUMBING & HEATING LIMITED→ 08866639 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 100% RECYCLING LTD→ 07546063 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 11FIVE DEVELOPMENTS LTD→ 15500672 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 18ONE CLEANING SERVICES LTD→ 11973288 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 1910 DEVELOPMENTS LIMITED→ 04675308 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| 1GCC LIMITED→ 04414880 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 1PROMAINTANANCRSERVICES LIMITED→ 17120846 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1999-10-28
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
6 Europa Court
Sheffield Business Park
Sheffield
S9 1XE
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (3 active · 36 resigned)
Active
ALLANSON, Stefan Peter→
Activedirector · ~61y · appointed 2015-07-31
View their other companies + combined net worth →
PROTHERO, Graham→
Activedirector · ~65y · appointed 2023-01-01
View their other companies + combined net worth →
ASHMORE, Justine Inez→
Resignedsecretary · appointed 2006-04-28 · resigned 2008-09-30
BALDRY, Joy Elizabeth→
Resignedsecretary · appointed 2008-10-01 · resigned 2011-03-31
DONALDSON, Euan James→
Resignedsecretary · appointed 2000-09-18 · resigned 2002-01-21
HILTON, Paul Edward→
Resignedsecretary · appointed 2005-06-24 · resigned 2006-03-31
LAWRIE, Edwin John→
Resignedsecretary · appointed 2006-03-31 · resigned 2006-04-28
MACKINNON, Iain Lachlan→
Resignedsecretary · appointed 2002-01-21 · resigned 2002-08-30
MARTIN, Alan Christopher→
Resignedsecretary · appointed 2011-03-31 · resigned 2015-07-31
SMYTH, Pamela June→
Resignedsecretary · appointed 2002-08-30 · resigned 2005-06-24
EVERSECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-10-28 · resigned 2000-09-18
ADAMS, Graham Noel→
Resigneddirector · ~64y · appointed 2002-09-04 · resigned 2007-03-02
ANDERSON, Ewan Thomas→
Resigneddirector · ~60y · appointed 2002-05-07 · resigned 2005-06-24
COLEBROOK, Peter→
Resigneddirector · ~63y · appointed 2002-10-10 · resigned 2005-06-24
EVANS, Catherine Jane→
Resigneddirector · ~63y · appointed 2003-07-01 · resigned 2004-03-12
GIDLEY, Stephen Michael→
Resigneddirector · ~66y · appointed 2004-03-12 · resigned 2005-06-24
HARRISON, Jolyon Leonard→
Resigneddirector · ~78y · appointed 2011-01-28 · resigned 2019-06-10
HILTON, Paul Edward→
Resigneddirector · ~60y · appointed 2002-11-11 · resigned 2006-03-31
HODSON, Andrew George→
Resigneddirector · ~69y · appointed 2002-06-01 · resigned 2003-07-01
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
3
Outstanding
3
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 24/03/2021 | — | |
| outstanding | Jennifer Anne Workman | A registered charge | 1 property | 08/07/2019 | — | |
| satisfied | Bates Regeneration Bates Regeneration Limited | A registered charge | 1 property | 20/11/2017 | 23/02/2021 | |
| satisfied | Lambton (Guernsey) Lambton (Guernsey) Limited | A registered charge | 1 property | 31/05/2017 | 23/02/2021 | |
| outstanding | Northumbria Healthcare Nhs Foundation Trust | A registered charge | 1 property | 24/03/2017 | — | |
| satisfied | The County Council of Durham / Lam-Plas (Durham) The County Council of Durham / Lam-Plas (Durham) Limited | A registered charge | 1 property | 05/09/2014 | 23/02/2021 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 05/12/2013 | 14/04/2021 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 05/12/2013 | 14/04/2021 | |
| satisfied | Zurich Insurance Zurich Insurance PLC | Debenture | 1 property | 22/11/2012 | 07/04/2014 | |
| satisfied | Chartis Europe Chartis Europe Limited | Debenture | 1 property | 22/11/2012 | 29/01/2014 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 22/11/2012 | 07/03/2014 | |
| satisfied | Santander Santander UK PLC as Security Trustee for Each Group Member and as Security Trustee for Each Finance Party | Debenture | 1 property | 18/08/2010 | 22/01/2013 | |
| satisfied | The Sheffield City Council | First legal charge | 1 property | 31/03/2006 | 23/02/2021 | |
| satisfied | The Sheffield City Council | First legal charge | 1 property | 31/03/2006 | 23/02/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (191 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-full
accounts · AA
2025-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
appoint-person-secretary-company-with-name-date
officers · AP03
2023-01-03
appoint-person-director-company-with-name-date
officers · AP01
2023-01-03
termination-director-company-with-name-termination-date
officers · TM01
2023-01-03
accounts-with-accounts-type-full
accounts · AA
2022-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-28
accounts-with-accounts-type-full
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
change-sail-address-company-with-old-address-new-address
address · AD02
2021-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2021-04-14