1015 PROPERTY LTD

💤Zombieactive
11453402 · ltd · incorporated 2018-07-06
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 Jul 2025
Net worth
book net assets
Opportunity
69/100
Strong
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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. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

20 live charges · 8 lenders · oldest 6.2y

15/100
under pressure

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

  • · Oldest live charge is 6.2 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · 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
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review 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£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31

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
6
filings
  • 6 mortgage
Last 90 days
6
filings
  • 6 mortgage
Last 180 days
8
filings
  • 8 mortgage
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2026-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-03-30
    🔒
    Charge registered #20
    Lender: Soda Estates LTD
  4. 2026-03-30
    🔒
    Charge registered #19
    Lender: Shawbrook Bank Limited
  5. 2026-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2026-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2026-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2026-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2026-03-24
    🔓
    Charge satisfied #11
  10. 2026-03-24
    🔓
    Charge satisfied #10
  11. 2026-03-24
    🔓
    Charge satisfied #9
  12. 2026-03-24
    🔓
    Charge satisfied #8
  13. 2025-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2025-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-10-31
    🔒
    Charge registered #18
    Lender: Shawbrook Bank Limited
  16. 2025-10-30
    🔒
    Charge registered #17
    Lender: Shawbrook Bank Limited
  17. 2025-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2025-03-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2025-03-21
    🔒
    Charge registered #16
    Lender: Paratus Amc Limited
  20. 2025-01-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2025-01-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2025-01-24
    🔒
    Charge registered #15
    Lender: Soda Estates LTD
  23. 2025-01-24
    🔒
    Charge registered #14
    Lender: Soda Estates LTD
  24. 2024-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2024-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2024-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2024-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2024-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2024-10-29
    🔒
    Charge registered #13
    Lender: Romaco Spv 2 Limited
  30. 2024-10-29
    🔒
    Charge registered #12
    Lender: Romaco Spv 2 Limited
  31. 2024-10-29
    🔒
    Charge registered #11
    Lender: Romaco Spv 2 Limited
  32. 2024-10-29
    🔒
    Charge registered #10
    Lender: Romaco Spv 2 Limited
  33. 2024-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  34. 2024-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  35. 2024-10-25
    🔒
    Charge registered #9
    Lender: Romaco Spv 2 Limited
  36. 2024-10-25
    🔒
    Charge registered #8
    Lender: Romaco Spv 2 Limited
  37. 2023-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  38. 2023-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  39. 2023-11-22
    🔓
    Charge satisfied #6
  40. 2023-11-22
    🔓
    Charge satisfied #5
  41. 2023-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  42. 2023-07-03
    🔒
    Charge registered #7
    Lender: Keystone Property Finance Limited
  43. 2023-01-16
    🔒
    Charge registered #6
    Lender: Arjan Eskes
  44. 2023-01-16
    🔒
    Charge registered #5
    Lender: Ivan Eng Joo Goh
  45. 2021-11-30
    🔒
    Charge registered #4
    Lender: Paratus Amc Limited
  46. 2021-01-08
    🔒
    Charge registered #3
    Lender: Keystone Property Finance Limited
  47. 2020-05-15
    🔒
    Charge registered #2
    Lender: Paratus Amc Limited
  48. 2020-02-03
    🔒
    Charge registered #1
    Lender: Onesavings Bank PLC
  49. 2018-07-06
    🏢
    Company incorporated
    As 1015 PROPERTY LTD
  50. 2018-07-06
    DENNEHY, John appointed
    director

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-30: A registered charge; 2026-03-30: A registered charge; 2025-10-31: A registered charge

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.

14 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Dennehy
Individual · British · DOB 12/1965 · age 61
75100%
75-100% shares06/07/2018
1 historic (ceased) PSC
  • Miss Fatima Zianiceased 07/11/2019· 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

9 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
Incorporated2018-07-06
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Fusion @ Magna Business Centre, Unit 23
Magna Way
Rotherham
S60 1FE
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12

Officers (1 active · 0 resigned)

DENNEHY, John
director · ~61y · appointed 2018-07-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

20
Total charges
14
Outstanding
6
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
outstanding
Soda Estates
Soda Estates LTD
A registered charge1 property30/03/2026
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property30/03/2026
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property31/10/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property30/10/2025
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge2 properties21/03/2025
outstanding
Soda Estates
Soda Estates LTD
A registered charge1 property24/01/2025
outstanding
Soda Estates
Soda Estates LTD
A registered charge1 property24/01/2025
outstanding
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property29/10/2024
outstanding
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property29/10/2024
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property29/10/202424/03/2026
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property29/10/202424/03/2026
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property25/10/202424/03/2026
satisfied
Romaco Spv 2
Romaco Spv 2 Limited
A registered charge1 property25/10/202424/03/2026
outstanding
Keystone Property Finance
Keystone Property Finance Limited
A registered charge2 properties03/07/2023
satisfied
Arjan Eskes
A registered charge1 property16/01/202322/11/2023
satisfied
Ivan Eng Joo Goh
A registered charge1 property16/01/202322/11/2023
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge2 properties30/11/2021
outstanding
Keystone Property Finance
Keystone Property Finance Limited
A registered charge1 property08/01/2021
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property15/05/2020
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property03/02/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-01