123NDEA LTD
🌿Early-stageactive
15465050 · ltd · incorporated 2024-02-04
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 Jun 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 1.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 200 | — |
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
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07🔒Charge registered #4Lender: Sdka LTD
- 2025-10-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-10-23📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-19🔒Charge registered #3Lender: Aldermore Bank PLC
- 2025-08-19🔒Charge registered #2Lender: Aldermore Bank PLC
- 2025-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-12🔒Charge registered #1Lender: Aldermore Bank PLC
- 2025-02-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-04🏢Company incorporatedAs 123NDEA LTD
- 2024-02-04➕AHMED, Asema appointeddirector
- 2024-02-04➕HUSSAIN, Bilal appointeddirector
- 2024-02-04📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +Young company: Only 2.2 years old — management layer unlikely to be developed.
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 ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-11-07: A registered charge; 2025-08-19: A registered charge; 2025-08-19: A registered charge
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bilal Hussain Individual · British · DOB 08/1998 · age 28 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2024 |
Mrs Asema Ahmed Individual · British · DOB 10/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 0161 HOLDINGS LIMITED→ 16282620 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1 APEX WAY LTD→ 12132717 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 10/50 PROPERTIES LTD→ 15694842 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 101CITYLETS LTD→ 16324983 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 11 LUDLOW CROFT LTD→ 16478036 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 11 PARK PLACE (LEEDS) LTD→ 16031203 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 11 QUEEN STREET RIPON (MANAGEMENT) LIMITED→ 07420774 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 116 CARDIGAN ROAD LIMITED→ 09115358 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 119 WORTLEY MANAGEMENT COMPANY LEEDS LIMITED→ 14777896 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 124 OTLEY ROAD LIMITED→ 03422354 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| 13 BEACH LAWN LTD→ 13857462 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 130 CR LTD→ 15805841 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2024-02-04
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
135 135 Alwoodley Lane
Leeds
LS17 7PG
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (2 active · 0 resigned)
AHMED, Asema→
Activedirector · ~42y · appointed 2024-02-04
View their other companies + combined net worth →
HUSSAIN, Bilal→
Activedirector · ~28y · appointed 2024-02-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Sdka Sdka LTD | A registered charge | 1 property | 07/11/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 19/08/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 19/08/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 12/02/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-10
accounts-with-accounts-type-dormant
accounts · AA
2025-10-23
change-account-reference-date-company-current-shortened
accounts · AA01
2025-10-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-05
incorporation-company
incorporation · NEWINC
2024-02-04