AR28 LTD
🌿Early-stageactive
SC714423 · ltd · incorporated 2021-11-08
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2023
Net worth
£96.5k
book net assets
Opportunity
61/100
Worth a look
What this business does
Primary activity: Dental practice activities
Sector: Human health & social work
Investor take
Special-situation opportunityDistressed healthcare with salvageable qualities — special-situations priority.
Opportunity 61/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).
🏦
Refinance opportunity
4 live charges · oldest 4.1y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.1 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £96,540
Key financials
1 year extracted from filed iXBRL accountsCash
£56k
Net Worth
£97k
Current Assets
£72k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-10-30 |
|---|---|
| Total assets | £385.8k |
| Current assets | £72.1k |
| Cash | £55.8k |
| Debtors | £15.3k |
| Net assets | £96.5k |
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
2
filings
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 90 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-20🔒Charge registered #4Lender: Tsb Bank PLC
- 2024-02-01📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-01-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-01-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-12🔓Charge satisfied #2
- 2023-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-30➕HINDAWI, Mohammad Diab appointeddirector
- 2023-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-21➖ABDOU, Ahmed, Dr resigneddirector
- 2022-07-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-23🔒Charge registered #3Lender: Tsb Bank PLC
- 2022-03-11🔒Charge registered #2Lender: Tsb Bank PLC
- 2022-03-02🔒Charge registered #1Lender: Tsb Bank PLC
- 2021-11-08🏢Company incorporatedAs AR28 LTD
- 2021-11-08➕RAWASHDEH, Riyad Ali Morshed appointeddirector
- 2021-11-08➕ABDOU, Ahmed, Dr appointeddirector
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 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-10-30
Group structure
Jordan Rm 2 Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Jordan Rm 2 Ltd
Corporate parent · holds 75-100% shares · board control
⬇
AR28 LTD
This company · SC714423
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 |
|---|---|---|---|---|
Jordan Rm 2 Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/10/2023 |
2 historic (ceased) PSCs
- Dr Ahmed Abdouceased 09/01/2024· 25-50% shares · 25-50% voting
- Mr Riyad Ali Morshed Rawashdehceased 30/10/2023· 25-50% shares · 25-50% voting
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
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|---|---|---|---|---|---|---|---|
| ASPEN TOWER SILVERSTONE PROPCO (QVH) LIMITED→ SC603160 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| BEST HEARING LIMITED→ SC748989 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BIRRELL AND RAINFORD OPTICIANS LIMITED→ SC383043 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BITE DENTISTRY LIMITED→ SC477706 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BLACKHILLS CLINIC LIMITED→ SC312434 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BLAST BOXING CIC→ SC802686 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BLETHER SOCIAL LIMITED→ SC836308 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLISS CARE SOLUTIONS LTD→ SC624411 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2021-11-08
Jurisdictionscotland
Primary SIC86230 — Dental practice activities
Registered office
28 Annandale Street
Edinburgh
EH7 4AN
Scotland
Filing status
Accounts
Next due: 2025-10-30OVERDUE
Last made up to: 2023-10-30
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23
Officers (2 active · 1 resigned)
HINDAWI, Mohammad Diab→
Activedirector · ~52y · appointed 2023-10-30
View their other companies + combined net worth →
RAWASHDEH, Riyad Ali Morshed→
Activedirector · ~51y · appointed 2021-11-08
View their other companies + combined net worth →
ABDOU, Ahmed, Dr→
Resigneddirector · ~43y · appointed 2021-11-08 · resigned 2023-09-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 20/03/2024 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | 1 property | 23/06/2022 | — | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 11/03/2022 | 12/12/2023 | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 02/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-25
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-01-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-20