04 PROPERTY LIMITED
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Opportunity 76/100 (strong), bankability 70/100. 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 (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 2.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 mortgage
- • 1 mortgage
Corporate timeline (10 events)Click to expand
- 2026-02-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-02🔒Charge registered #2Lender: Godiva Mortgages Limited
- 2025-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-17🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2023-09-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-11🏢Company incorporatedAs 04 PROPERTY LIMITED
- 2022-05-11➕THORBURN, John Alexander appointeddirector
- 2022-05-11📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Alexander Thorburn Individual · British · DOB 01/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/05/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Property · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1881 PROPERTIES LIMITED→ 12718014 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 19 GLOUCESTER ROAD (SOUTHPORT) LIMITED→ 13462981 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 19 SK LTD→ 12616882 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1AC LIMITED→ 15308254 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1RP LIMITED→ 16540523 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 226 (NW) LTD→ 15248569 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 27 RP LIMITED→ 16114431 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 29 NETHERWOOD ROAD LTD→ 16103240 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2FYJ LIMITED→ 16914447 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2R PROPERTY LTD→ 11090026 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 33HOMES LTD→ 14082364 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 35 PARK ROAD SOUTHPORT RTM LIMITED→ 13542393 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Godiva Mortgages Godiva Mortgages Limited | A registered charge | 1 property | 02/02/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 17/01/2024 | — |