THORNTONS PROPERTIES LIMITED

💤Zombieactive
SC112372 · ltd · incorporated 1988-07-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). 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).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-10-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-06-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-05-31
    ➖
    WILSON, Graham Alexander resigned
    director
  7. 2021-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-10-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-06-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2017-06-01
    ➖
    ROBERTSON, John Stewart resigned
    director
  14. 2016-10-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-01-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2008-05-31
    ➖
    MCDONALD, Alexander Francis resigned
    director
  18. 2008-01-21
    ➕
    BARCLAY, Nicholas appointed
    director
  19. 2008-01-21
    ➕
    ROBERTSON, John Stewart appointed
    director
  20. 2004-12-01
    ➕
    THORNTONS LAW LLP appointed
    corporate-secretary
  21. 2004-11-30
    ➖
    THORNTONS WS resigned
    corporate-secretary
  22. 2002-06-01
    ➖
    MCNICOL, Graham resigned
    director
  23. 1998-06-30
    ➖
    MATHIESON, John George resigned
    director
  24. 1998-06-30
    ➕
    MCNICOL, Graham appointed
    director
  25. 1992-05-23
    ➖
    BLACK, Douglas Maclean resigned
    nominee-director
  26. 1992-05-23
    ➖
    BRYMER, Stewart, Prof resigned
    director
  27. 1992-05-23
    ➕
    MATHIESON, John George appointed
    director
  28. 1992-05-23
    ➕
    MCDONALD, Alexander Francis appointed
    director
  29. 1992-05-23
    ➕
    WILSON, Graham Alexander appointed
    director
  30. 1990-06-01
    ➕
    THORNTONS WS appointed
    corporate-secretary
  31. 1990-06-01
    ➖
    THORNTONS WS resigned
    corporate-nominee-secretary
  32. 1990-05-04
    ➕
    BLACK, Douglas Maclean appointed
    nominee-director
  33. 1990-05-04
    ➕
    BRYMER, Stewart, Prof appointed
    director
  34. 1990-05-04
    ➖
    MCPHERSON, Muriel Stewart resigned
    director
  35. 1988-07-21
    🏢
    Company incorporated
    As THORNTONS PROPERTIES LIMITED

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Whitehall Chambers Trustees Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Whitehall Chambers Trustees Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
THORNTONS PROPERTIES LIMITED
This company · SC112372

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%
NameSharesVoting rightsNature of controlNotified
Whitehall Chambers Trustees Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

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
Incorporated1988-07-21
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (2 active · 10 resigned)

THORNTONS LAW LLP→
corporate-secretary · appointed 2004-12-01
View their other companies + combined net worth →
Active
BARCLAY, Nicholas→
director · ~67y · appointed 2008-01-21
View their other companies + combined net worth →
Active
THORNTONS WS→
corporate-secretary · appointed 1990-06-01 · resigned 2004-11-30
Resigned
THORNTONS WS→
corporate-nominee-secretary · resigned 1990-06-01
Resigned
BLACK, Douglas Maclean→
nominee-director · ~67y · appointed 1990-05-04 · resigned 1992-05-23
Resigned
BRYMER, Stewart, Prof→
director · ~69y · appointed 1990-05-04 · resigned 1992-05-23
Resigned
MATHIESON, John George→
director · ~94y · appointed 1992-05-23 · resigned 1998-06-30
Resigned
MCDONALD, Alexander Francis→
director · ~71y · appointed 1992-05-23 · resigned 2008-05-31
Resigned
MCNICOL, Graham→
director · ~90y · appointed 1998-06-30 · resigned 2002-06-01
Resigned
MCPHERSON, Muriel Stewart→
director · ~108y · resigned 1990-05-04
Resigned
ROBERTSON, John Stewart→
director · ~77y · appointed 2008-01-21 · resigned 2017-06-01
Resigned
WILSON, Graham Alexander→
director · ~71y · appointed 1992-05-23 · resigned 2022-05-31
Resigned

Click a director name to see their full track record across all companies.

Recent filings (114 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-dormant
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-dormant
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-dormant
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-dormant
accounts · AA
2022-10-10
termination-director-company-with-name-termination-date
officers · TM01
2022-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-29
accounts-with-accounts-type-dormant
accounts · AA
2021-11-30
accounts-with-accounts-type-dormant
accounts · AA
2021-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-07