R & K PROPERTIES (SCOTLAND) LTD

💤Zombieactive

SC490587 · ltd · incorporated 2014-11-05

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

£2.66M

book net assets

Opportunity

78/100

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

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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: 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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,662,776

Cash YoY

-9%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£232k

↓ 8.8% YoY

Net Worth

£2.7m

↑ 38% YoY

Current Assets

£242k

↓ 7.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.77M	£2.03M
Current assets	£241.6k	£262.2k
Cash	£232.1k	£254.4k
Debtors	£9.6k	£7.8k
Net assets	£2.66M	£1.93M

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2025-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-02
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2014-11-05
🏢
Company incorporated
As R & K PROPERTIES (SCOTLAND) LTD
2014-11-05
➕
REEKIE, Robert appointed
director
2014-11-05
📄
incorporation-company
incorporation · NEWINC

Owner dependency

95/100

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.
+Founder age: Director aged approximately 66 — succession pressure is live.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Reekie Individual · British · DOB 10/1960 · age 66	75–100%	75–100%	75-100% shares · 75-100% voting	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 · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A J W PROPERTIES (SCOTLAND) LIMITED→ SC254914 · est 2003	£631.0k £536.4k–£725.7k	—	£631.0k	—	22y	82	73y
BENTHEAD DEVELOPMENTS LIMITED→ SC123999 · est 1990	£469.5k £399.1k–£539.9k	—	£469.5k	—	36y	82	65y
ABBEYFORT HOLIDAYS LIMITED→ SC301687 · est 2006	£408.0k £346.8k–£469.2k	—	£408.0k	—	20y	83	61y
TAYLOR BROTHERS (PROPERTY DEVELOPMENT) LIMITED→ SC058985 · est 1975	£314.3k £267.2k–£361.5k	—	£314.3k	—	50y	83	79y
BRAEFIELD LIMITED→ SC158886 · est 1995	£276.5k £235.1k–£318.0k	—	£276.5k	—	30y	82	74y
MERLIN HOUSE LIMITED→ SC216220 · est 2001	£40.5k £34.4k–£46.6k	—	£40.5k	—	25y	83	64y
ARDCRAIG DEVELOPMENTS LIMITED→ SC177712 · est 1997	£8.2k £7.0k–£9.5k	—	£8.2k	—	28y	82	78y
STIRLING DEVELOPMENTS LIMITED→ SC200452 · est 1999	—	—	—	7	26y	87	61y
BPR PROPERTIES LIMITED→ SC295430 · est 2006	—	—	—	0	20y	83	65y
KKR LIMITED→ SC059312 · est 1976	—	—	—	400	50y	83	89y
ALBION INVESTMENTS LIMITED→ SC182475 · est 1998	—	—	—	200	28y	82	69y
CALORIDE LIMITED→ SC392459 · est 2011	—	—	—	—	15y	82	63y

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

Incorporated2014-11-05

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

28 Rodger Street

Anstruther

Fife

KY10 3DU

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-19

Last: 2025-11-05

Officers (1 active · 0 resigned)

REEKIE, Robert→

director · ~66y · appointed 2014-11-05

View their other companies + combined net worth →

Active

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

Recent filings (25 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-05-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-18

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-08-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-08-17

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-03-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-08-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-11-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2019-08-21