110 SHIRLAND LIMITED
🌿Early-stageactive
13957546 · ltd · incorporated 2022-03-05
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 Mar 2025
Net worth
£-615.6k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -46% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 3.5y
20/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)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
5 charges (5/5 with lender, 5/5 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
8 connected companies via shared directors
69
Filing history
24 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £615,575
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 46% YoY
Net Worth
-£616k
↓ 155% YoY
Current Assets
£57k
↑ 1509% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £3.60M | £2.20M |
| Current assets | £57.1k | £3.6k |
| Cash | £1.1k | £1.9k |
| Debtors | £56.1k | £1.6k |
| Net assets | £-615.6k | £-241.5k |
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
0
filings
Last 180 days
4
filings
- • 1 address
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-01-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-10🔒Charge registered #5Lender: Shawbrook Bank Limited
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-08🔓Charge satisfied #2
- 2023-12-08🔓Charge satisfied #1
- 2023-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-29🔒Charge registered #4Lender: Shawbrook Bank Limited
- 2023-11-29🔒Charge registered #3Lender: Shawbrook Bank Limited
- 2023-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-03🔒Charge registered #2Lender: Gfs 1 LTD
- 2022-11-03🔒Charge registered #1Lender: Gfs 1 LTD
- 2022-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-26➕WIGG, Stuart John appointeddirector
- 2022-06-13📄capital-alter-shares-subdivisioncapital · SH02
- 2022-06-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-06-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-05🏢Company incorporatedAs 110 SHIRLAND LIMITED
- 2022-03-05➕MCCARTHY, Shane Joseph appointeddirector
- 2022-03-05📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mcwigg Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mcwigg Ltd
Corporate parent · holds 75-100% shares · board control
⬇
110 SHIRLAND LIMITED
This company · 13957546
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mcwigg Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/05/2022 |
1 historic (ceased) PSC
- Mr Shane Joseph Mccarthyceased 31/05/2022· 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 →Similar companies
Active · Construction · HP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01442MAINTENANCE LIMITED→ 08489103 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 101 CONSTRUCTION & LANDSCAPING LTD→ 12779229 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1169 LIMITED→ 09178042 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 123UPVC LIMITED→ 06088813 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 126 BPM LTD→ 15427261 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 15/09 POWER ENGINEERING LIMITED→ 05637956 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST AYLESBURY PLUMBING & HEATING LIMITED→ 06968781 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 1ST CHOICE BUILDING LTD→ 16508368 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST CLASS DATA AND ELECTRICAL SERVICES LIMITED→ 04264111 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| 1ST GAS HEATING SERVICES LTD→ 13345892 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST GLAZE DIRECT LIMITED→ 06759317 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 2020 VISION HOMES LTD→ 12529382 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2022-03-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
21 Gilbert Way
Berkhamsted
Hertfordshire
HP4 3JF
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-11
Last: 2025-10-28
Officers (2 active · 0 resigned)
MCCARTHY, Shane Joseph→
Activedirector · ~44y · appointed 2022-03-05
View their other companies + combined net worth →
WIGG, Stuart John→
Activedirector · ~53y · appointed 2022-09-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 10/11/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 2 properties | 29/11/2023 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 2 properties | 29/11/2023 | — | |
| satisfied | Gfs 1 Gfs 1 LTD | A registered charge | — | 03/11/2022 | 08/12/2023 | |
| satisfied | Gfs 1 Gfs 1 LTD | A registered charge | 1 property | 03/11/2022 | 08/12/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-08
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-02-23