BOARDBEACH LIMITED
💤Zombieactive
SC268898 · ltd · incorporated 2004-06-08
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 Sept 2024
Net worth
—
book net assets
Opportunity
74/100
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 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: portfolio break-up (40/100).
🏦
Refinance opportunity
10 live charges · 6 lenders · oldest 21.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
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 | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 1 | 100 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-23🔒Charge registered #10Lender: Barclays Security Trustee Limited (As Security Trustee)
- 2025-06-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-19🔓Charge satisfied #8
- 2025-06-19🔓Charge satisfied #7
- 2025-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-09🔒Charge registered #9Lender: Barclays Security Trustee Limited
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-08📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-08-29📄gazette-notice-compulsorygazette · GAZ1
- 2023-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-09-09📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-08-30📄gazette-notice-compulsorygazette · GAZ1
- 2022-03-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-18🔒Charge registered #8Lender: Assetz Capital Trust Company Limited as Security Trustee
- 2019-09-11🔓Charge satisfied #5
- 2019-09-11🔓Charge satisfied #4
- 2019-09-11🔓Charge satisfied #3
- 2019-09-11🔓Charge satisfied #2
- 2019-09-11🔓Charge satisfied #1
- 2019-09-05🔒Charge registered #7Lender: Assetz Capital Trust Company Limited (As Security Trustee)
- 2005-11-10🔒Charge registered #6Lender: Mortgage Trust Limited
- 2005-10-11➕RASUL, Sobia appointedsecretary
- 2005-10-11➖DARCH, Christopher Paul resignedsecretary
- 2005-10-11➖DARCH, Christopher Paul resigneddirector
- 2005-10-11➖KELLY, Michael David Thomas resigneddirector
- 2004-11-24🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2004-11-24🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2004-09-24🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2004-07-22🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2004-06-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2004-06-22➕RASUL, Amjed appointeddirector
- 2004-06-22➕DARCH, Christopher Paul appointedsecretary
- 2004-06-22➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2004-06-22➕DARCH, Christopher Paul appointeddirector
- 2004-06-22➕KELLY, Michael David Thomas appointeddirector
- 2004-06-22➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 2004-06-08🏢Company incorporatedAs BOARDBEACH LIMITED
- 2004-06-08➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-06-08➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
85/100
Critical — business is the founderThe 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 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Amjed Rasul Individual · British · DOB 07/1972 · age 54 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AB PROPERTIES LTD→ SC846455 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB&MB PROPERTIES LTD→ SC841515 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASIA & MUN PROPERTY HOLDINGS LTD→ SC878669 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BG PROPERTIES (SCOTLAND) LIMITED→ SC565856 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BRUMLEY BRAE LIMITED→ SC030114 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| BUNCHREW ESTATE COMPANY LIMITED→ SC115393 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| C & P PROPERTY LETS LTD→ SC835663 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CAMERON LOURO PROPERTIES LTD.→ SC580098 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CCL REAL ESTATE LIMITED→ SC777122 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CENTRETIDE LIMITED→ SC426299 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CF NORTH LIMITED→ SC877446 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CG RENEWABLES LIMITED→ SC671360 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2004-06-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
18 Queensgate
Inverness
IV1 1DJ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08
Officers (2 active · 5 resigned)
Active
RASUL, Amjed→
Activedirector · ~54y · appointed 2004-06-22
View their other companies + combined net worth →
DARCH, Christopher Paul→
Resignedsecretary · appointed 2004-06-22 · resigned 2005-10-11
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-08 · resigned 2004-06-22
DARCH, Christopher Paul→
Resigneddirector · ~51y · appointed 2004-06-22 · resigned 2005-10-11
KELLY, Michael David Thomas→
Resigneddirector · ~68y · appointed 2004-06-22 · resigned 2005-10-11
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2004-06-08 · resigned 2004-06-22
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
3
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited (As Security Trustee) | A registered charge | 2 properties | 23/06/2025 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 09/04/2025 | — | |
| satisfied | Assetz Capital Trust Company as Security Trustee Assetz Capital Trust Company Limited as Security Trustee | A registered charge | 1 property | 18/09/2019 | 19/06/2025 | |
| satisfied | Assetz Capital Trust Company (As Security Trustee) Assetz Capital Trust Company Limited (As Security Trustee) | A registered charge | — | 05/09/2019 | 19/06/2025 | |
| outstanding | Mortgage Trust Mortgage Trust Limited | Standard security | 1 property | 10/11/2005 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/11/2004 | 11/09/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/11/2004 | 11/09/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/09/2004 | 11/09/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/07/2004 | 11/09/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/06/2004 | 11/09/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-27
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-09-08
gazette-notice-compulsory
gazette · GAZ1
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29