ERROL LAND LTD

💤Zombieactive
SC400742 · ltd · incorporated 2011-06-01
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
£1
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 72/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 4.3y

5/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.3 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1
~ YoY
Current Assets
Current Liabilities
£0£0£0£1£1£1Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£1£1
Net assets£1£1

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 (29 events)Click to expand
  1. 2025-06-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-06-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-06-24
    🔒
    Charge registered #4
    Lender: Df Capital Bank Limited
  4. 2025-06-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-06-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-06-23
    🔓
    Charge satisfied #3
  7. 2025-06-23
    🔓
    Charge satisfied #2
  8. 2025-06-20
    🔒
    Charge registered #5
    Lender: Df Capital Bank Limited
  9. 2025-06-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2024-07-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-07-26
    🔓
    Charge satisfied #1
  12. 2024-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2024-06-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2024-06-28
    🔒
    Charge registered #3
    Lender: A Shade Greener Finance Limited
  15. 2024-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2024-06-20
    🔒
    Charge registered #2
    Lender: A Shade Greener Finance Limited
  17. 2023-06-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2023-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2023-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2022-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2022-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2022-05-06
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  23. 2022-01-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2021-12-22
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  25. 2021-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  26. 2020-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2019-11-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  28. 2011-06-01
    🏢
    Company incorporated
    As ERROL LAND LTD
  29. 2011-06-01
    SIM, Roderick Michael appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • 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
medium

Multiple 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%
NameSharesVoting rightsNature of controlNotified
Mr Roderick Michael Sim
Individual · British · DOB 05/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2011-06-01
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Silverwood
Inchcoonans
Errol
PH2 7RB
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01

Officers (1 active · 0 resigned)

SIM, Roderick Michael
director · ~48y · appointed 2011-06-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Df Capital Bank
Df Capital Bank Limited
A registered charge1 property24/06/2025
outstanding
Df Capital Bank
Df Capital Bank Limited
A registered charge1 property20/06/2025
satisfied
A Shade Greener Finance
A Shade Greener Finance Limited
A registered charge1 property28/06/202423/06/2025
satisfied
A Shade Greener Finance
A Shade Greener Finance Limited
A registered charge20/06/202423/06/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property22/12/202126/07/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-dormant
accounts · AA
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-01
accounts-with-accounts-type-dormant
accounts · AA
2024-06-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-dormant
accounts · AA
2023-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-29
change-person-director-company-with-change-date
officers · CH01
2023-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-19