HOUSETOWN LIMITED

🌳Matureactive
04018855 · ltd · incorporated 2000-06-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
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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
Pursue
Property-backed borrower with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (73/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

20 live charges · 2 lenders · oldest 25.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 25.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (74/100)

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
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
13 connected companies via shared directors
84
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£861k£1.7m£2.6m£3.4m£4.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£4.42M
Current assets£38.6k
Net assets£4.30M
Average employees400

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-06-19
    🔓
    Charge satisfied #20
  4. 2025-01-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-01-29
    🔓
    Charge satisfied #21
  6. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2025-01-09
    🔓
    Charge satisfied #19
  14. 2025-01-09
    🔓
    Charge satisfied #18
  15. 2025-01-09
    🔓
    Charge satisfied #17
  16. 2025-01-09
    🔓
    Charge satisfied #16
  17. 2025-01-09
    🔓
    Charge satisfied #15
  18. 2025-01-09
    🔓
    Charge satisfied #14
  19. 2025-01-09
    🔓
    Charge satisfied #13
  20. 2024-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2024-10-08
    📄
    capital-allotment-shares
    capital · SH01
  22. 2023-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2023-09-08
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  24. 2023-06-13
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  25. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  26. 2022-01-05
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  27. 2021-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  28. 2015-06-17
    🔓
    Charge satisfied #11
  29. 2015-06-17
    🔓
    Charge satisfied #10
  30. 2015-06-17
    🔓
    Charge satisfied #6
  31. 2015-06-17
    🔓
    Charge satisfied #5
  32. 2015-06-17
    🔓
    Charge satisfied #4
  33. 2015-06-17
    🔓
    Charge satisfied #3
  34. 2015-06-17
    🔓
    Charge satisfied #2
  35. 2015-06-15
    🔒
    Charge registered #21
    Lender: Lloyds Bank PLC
  36. 2015-06-12
    🔒
    Charge registered #19
    Lender: Lloyds Bank PLC
  37. 2015-06-12
    🔒
    Charge registered #18
    Lender: Lloyds Bank PLC
  38. 2015-06-12
    🔒
    Charge registered #17
    Lender: Lloyds Bank PLC
  39. 2015-06-12
    🔒
    Charge registered #16
    Lender: Lloyds Bank PLC
  40. 2015-06-12
    🔒
    Charge registered #15
    Lender: Lloyds Bank PLC
  41. 2015-06-12
    🔒
    Charge registered #14
    Lender: Lloyds Bank PLC
  42. 2015-06-12
    🔒
    Charge registered #13
    Lender: Lloyds Bank PLC
  43. 2015-06-12
    🔓
    Charge satisfied #9
  44. 2015-06-12
    🔓
    Charge satisfied #8
  45. 2015-06-12
    🔓
    Charge satisfied #1
  46. 2015-06-10
    🔒
    Charge registered #20
    Lender: Lloyds Bank PLC
  47. 2005-11-23
    🔒
    Charge registered #12
    Lender: National Westminster Bank PLC
  48. 2005-05-18
    🔒
    Charge registered #11
    Lender: National Westminster Bank PLC
  49. 2005-05-09
    🔒
    Charge registered #10
    Lender: National Westminster Bank PLC
  50. 2004-07-08
    🔒
    Charge registered #9
    Lender: National Westminster Bank PLC
Showing most recent 50 of 67 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 72 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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 →

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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
Incorporated2000-06-21
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

6th Floor, Amp House
Dingwall Road
Croydon
CR0 2LX
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (5 active · 2 resigned)

PATEL, Rakesh Ghanshyambhai
secretary · appointed 2000-06-21
View their other companies + combined net worth →
Active
PATEL, Deven Ghanshyambhai
director · ~66y · appointed 2000-06-21
View their other companies + combined net worth →
Active
PATEL, Kamini Maheshkumar
director · ~72y · appointed 2000-06-21
View their other companies + combined net worth →
Active
PATEL, Rakesh Ghanshyambhai
director · ~62y · appointed 2000-06-21
View their other companies + combined net worth →
Active
PATEL, Yogini Bhupendra
director · ~70y · appointed 2000-06-21
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2000-06-21 · resigned 2000-06-21
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2000-06-21 · resigned 2000-06-21
Resigned

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

Mortgages & charges

20
Total charges
1
Outstanding
1
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property15/06/201529/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/06/201509/01/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge10/06/201519/06/2025
outstanding
National Westminster Bank
National Westminster Bank PLC
Standard security which was presented for registration in scotland on 1 december 2005 and1 property23/11/2005
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property18/05/200517/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property09/05/200517/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property08/07/200412/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property08/08/200312/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property18/03/200217/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property06/07/200117/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property16/02/200117/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property02/08/200017/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property02/08/200017/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage2 properties05/07/200012/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (116 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-15
capital-allotment-shares
capital · SH01
2024-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08