LANDSTONE HOMES (GOLDENHILL) LTD

🚨Distressedactive
05827897 · ltd · incorporated 2006-05-24
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
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Turnover
year to Mar 2023
Net worth
£-252.8k
book net assets
Opportunity
48/100
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 37/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 19.8y

15/100
under pressure

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

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (0 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £252,811

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£253k
~ YoY
Current Assets
£1k
↓ 5.4% YoY
Current Liabilities
-£253k-£202k-£151k-£100k-£49k£1kMar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-03-312022-03-31
Total assets£133.4k£134.6k
Current assets£1.3k£1.4k
Net assets£-252.8k£-251.6k

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
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-01-30
    DATWANI, Sanjay resigned
    director
  3. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-03-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-11-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-01-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-01-01
    SQUIRE, Paul James resigned
    secretary
  19. 2012-01-01
    AHMED, Sultan resigned
    director
  20. 2011-08-02
    DATWANI, Balram Dayaram resigned
    director
  21. 2011-08-02
    DATWANI, Sanjay appointed
    director
  22. 2009-10-02
    DATWANI, Balram Dayaram appointed
    director
  23. 2009-01-29
    🔓
    Charge satisfied #3
  24. 2009-01-29
    🔓
    Charge satisfied #2
  25. 2009-01-29
    🔓
    Charge satisfied #1
  26. 2009-01-15
    🔒
    Charge registered #5
    Lender: West One Loan Limited
  27. 2009-01-15
    🔒
    Charge registered #4
    Lender: West One Loan Limited
  28. 2007-11-19
    🔒
    Charge registered #3
    Lender: Regentsmead Limited
  29. 2007-11-19
    🔒
    Charge registered #2
    Lender: Regentsmead Limited
  30. 2007-07-01
    AHMED, Hawa resigned
    director
  31. 2007-06-01
    AHMED, Bilal resigned
    director
  32. 2007-06-01
    AHMED, Sultan appointed
    director
  33. 2007-04-12
    GHOSH, Ujjal Kanti resigned
    secretary
  34. 2007-04-12
    SQUIRE, Paul James appointed
    secretary
  35. 2006-08-03
    AHMED, Hawa appointed
    director
  36. 2006-07-10
    🔒
    Charge registered #1
    Lender: Midland and Provincial Finance Limited
  37. 2006-05-24
    🏢
    Company incorporated
    As LANDSTONE HOMES (GOLDENHILL) LTD
  38. 2006-05-24
    GHOSH, Ujjal Kanti appointed
    secretary
  39. 2006-05-24
    AHMED, Bilal appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-14

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

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.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Gulabrai Sugnomal Aswani
Individual · Singaporean · DOB 08/1953 · age 73
sig. influencesignificant influence06/04/2016

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

10 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
Incorporated2006-05-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

173 Cleveland Street
London
W1T 6QR
England

Filing status

Accounts
Next due: 2024-12-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2026-03-14OVERDUE
Last: 2025-02-28

Officers (0 active · 7 resigned)

GHOSH, Ujjal Kanti
secretary · appointed 2006-05-24 · resigned 2007-04-12
Resigned
SQUIRE, Paul James
secretary · appointed 2007-04-12 · resigned 2012-01-01
Resigned
AHMED, Bilal
director · ~55y · appointed 2006-05-24 · resigned 2007-06-01
Resigned
AHMED, Hawa
director · ~55y · appointed 2006-08-03 · resigned 2007-07-01
Resigned
AHMED, Sultan
director · ~70y · appointed 2007-06-01 · resigned 2012-01-01
Resigned
DATWANI, Balram Dayaram
director · ~83y · appointed 2009-10-02 · resigned 2011-08-02
Resigned
DATWANI, Sanjay
director · ~53y · appointed 2011-08-02 · resigned 2026-01-30
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
West One Loan
West One Loan Limited
Legal charge1 property15/01/2009
outstanding
West One Loan
West One Loan Limited
Debenture1 property15/01/2009
satisfied
Regentsmead
Regentsmead Limited
Legal charge1 property19/11/200729/01/2009
satisfied
Regentsmead
Regentsmead Limited
Debenture1 property19/11/200729/01/2009
satisfied
Midland and Provincial Finance
Midland and Provincial Finance Limited
Charge1 property10/07/200629/01/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-03-05