105 WATER GARDENS LIMITED

💤Zombieactive
10773136 · ltd · incorporated 2017-05-16
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 May 2025
Net worth
£461.8k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 7.6y

30/100
under pressure

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

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £461,837

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£462k
↑ 8.4% YoY
Current Assets
£15k
↓ 3.0% YoY
Current Liabilities
£0£92k£185k£277k£369k£462kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£434.1k£387.1k
Current assets£15.3k£15.7k
Net assets£461.8k£426.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 accounts
  • 1 address
Last 180 days
2
filings
  • 1 accounts
  • 1 address
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-02-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-05-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-11-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2019-11-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2019-11-28
    🔓
    Charge satisfied #2
  17. 2019-11-28
    🔓
    Charge satisfied #1
  18. 2019-11-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2019-11-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-11-01
    🔒
    Charge registered #4
    Lender: Al Rayan Bank PLC
  21. 2019-11-01
    🔒
    Charge registered #3
    Lender: Al Rayan Bank PLC
  22. 2019-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2018-09-17
    🔒
    Charge registered #2
    Lender: Spf Bridging LTD
  24. 2018-09-17
    🔒
    Charge registered #1
    Lender: Spf Bridging LTD
  25. 2017-05-16
    🏢
    Company incorporated
    As 105 WATER GARDENS LIMITED
  26. 2017-05-16
    AHMED, Fahad Sultan appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 med · 1 low
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.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Fahad Sultan Ahmed
Individual · Pakistani,British · DOB 05/1977 · age 49
75100%
75–100%75-100% shares · 75-100% voting16/05/2017

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 →

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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
Incorporated2017-05-16
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

22 Gilbert Street, London
Gilbert Street
London
W1K 5HD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-03
Last: 2025-04-19

Officers (1 active · 0 resigned)

AHMED, Fahad Sultan
director · ~49y · appointed 2017-05-16
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Al Rayan Bank
Al Rayan Bank PLC
A registered charge1 property01/11/2019
outstanding
Al Rayan Bank
Al Rayan Bank PLC
A registered charge2 properties01/11/2019
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property17/09/201828/11/2019
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property17/09/201828/11/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-06
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-30
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-14