149 LONDON ROAD LIMITED

🏛️Establishedactive
11929412 · ltd · incorporated 2019-04-05
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
year to Sept 2024
Net worth
£-36.1k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 6.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 6.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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

Company profile
address, 3 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £36,085

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
Net Worth
-£36k
Current Assets
£71k
Current Liabilities
-£36k-£15k£7k£28k£49k£71kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Total assets£43.8k
Current assets£70.5k
Cash£6.0k
Debtors£64.5k
Net assets£-36.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-07-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-02-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-02-19
    🔒
    Charge registered #4
    Lender: Trevor John Wilcock, Rona Mctavish and Empowered Trustees LTD as Trustees of the Borealis Investments Ssas
  10. 2022-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-10-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-10-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2022-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-03-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2021-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-08-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2021-08-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2021-08-16
    🔓
    Charge satisfied #2
  21. 2021-08-16
    🔓
    Charge satisfied #1
  22. 2021-05-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2021-05-10
    🔒
    Charge registered #3
    Lender: Trustees of the Borealis Investments Ssas
  24. 2021-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  25. 2019-08-02
    🔒
    Charge registered #2
    Lender: Bridgeco Limited
  26. 2019-08-02
    🔒
    Charge registered #1
    Lender: Bridgeco Limited
  27. 2019-04-05
    🏢
    Company incorporated
    As 149 LONDON ROAD LIMITED
  28. 2019-04-05
    MCTAVISH, Rona appointed
    director
  29. 2019-04-05
    WILCOCK, Trevor John appointed
    director

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Rona Mctavish
Individual · British · DOB 01/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/03/2025
1 historic (ceased) PSC
  • Aurora Property Solutions Limitedceased 25/03/2025· 75-100% shares · 75-100% voting · board control

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
Incorporated2019-04-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

36 Herne Road
Petersfield
Hampshire
GU31 4DP
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13

Officers (2 active · 0 resigned)

MCTAVISH, Rona
director · ~62y · appointed 2019-04-05
View their other companies + combined net worth →
Active
WILCOCK, Trevor John
director · ~72y · appointed 2019-04-05
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
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Trevor John Wilcock, Rona Mctavish and Empowered Trustees as Trustees of the Borealis Investments Ssas
Trevor John Wilcock, Rona Mctavish and Empowered Trustees LTD as Trustees of the Borealis Investments Ssas
A registered charge1 property19/02/2024
outstanding
Trustees of the Borealis Investments Ssas
A registered charge1 property10/05/2021
satisfied
Bridgeco
Bridgeco Limited
A registered charge1 property02/08/201916/08/2021
satisfied
Bridgeco
Bridgeco Limited
A registered charge1 property02/08/201916/08/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-26
change-person-director-company-with-change-date
officers · CH01
2024-07-16
change-person-director-company-with-change-date
officers · CH01
2024-07-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-10-05
gazette-notice-compulsory
gazette · GAZ1
2022-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-29