A12 PROPERTIES LIMITED

🌳Matureactive
SC502505 · ltd · incorporated 2015-04-07
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2024
Net worth
£446.1k
book net assets
Opportunity
67/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 60/100. Strong seller-intent signal (63/100, director aged 69). Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -69% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · oldest 7.1y

45/100
under pressure

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

  • · Oldest live charge is 7.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
34 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
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review 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 £446,074
Net assets shrinking
Down £38,726 YoY
Cash draining
Cash down 69% YoY
Cash YoY
-69%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£35k
↓ 69% YoY
Net Worth
£446k
↓ 8.0% YoY
Current Assets
£459k
↓ 21% YoY
Current Liabilities
£0£116k£231k£347k£462k£578kApr 2023Apr 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-302023-04-30
Total assets£2.92M£2.94M
Current assets£459.0k£577.5k
Cash£34.9k£113.0k
Debtors£388.4k£428.8k
Net assets£446.1k£484.8k

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 (27 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-02-07
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  7. 2025-02-07
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  8. 2025-02-06
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  9. 2025-02-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  10. 2024-08-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2024-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-08-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2023-07-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2023-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-07-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2023-06-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2022-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-06-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2019-06-14
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  23. 2019-04-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2019-03-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 2016-03-21
    FORREST, Andrew appointed
    director
  26. 2015-04-07
    🏢
    Company incorporated
    As A12 PROPERTIES LIMITED
  27. 2015-04-07
    FORREST, Andrew Young appointed
    director

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-21

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Young Forrest
Individual · British · DOB 02/1995 · age 31
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 →

Similar companies

Active · Property · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
5W PROPERTY LTD
SC726372 · est 2022 · no financials extracted
4y
A. & H. G. PROPERTIES LTD.
SC219179 · est 2001 · no financials extracted
24y
A. J. LAURIE PROPERTIES LIMITED
SC224092 · est 2001 · no financials extracted
24y
A1 CITY LETTINGS LTD
SC755915 · est 2023 · no financials extracted
3y
AAL SABRI LTD
SC867722 · est 2025 · no financials extracted
AARONSWOOD PROPERTIES LIMITED
SC200998 · est 1999 · no financials extracted
26y
AB CARFIN PROPERTIES LIMITED
SC722886 · est 2022 · no financials extracted
4y
ABBAS PROPERTY MGT LTD
SC802258 · est 2024 · no financials extracted
2y
ABERNETHYN PROPERTIES LTD
SC505805 · est 2015 · no financials extracted
10y
ACAI PREMIER LETS LTD
SC656059 · est 2020 · no financials extracted
6y
ADAM CRAWFORD LETTING LTD
SC780543 · est 2023 · no financials extracted
2y
ADAMS (MOTHERWELL) PROPERTIES LIMITED
SC690768 · est 2021 · no financials extracted
5y
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
Incorporated2015-04-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

29 Brandon Street
Hamilton
South Lanarkshire
ML3 6DA
United Kingdom

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-04-21OVERDUE
Last: 2025-04-07

Officers (2 active · 0 resigned)

FORREST, Andrew
director · ~69y · appointed 2016-03-21
View their other companies + combined net worth →
Active
FORREST, Andrew Young
director · ~31y · appointed 2015-04-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
6
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property07/02/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property07/02/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/02/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/02/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property14/06/2019
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property28/03/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-06
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-26
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-07-07
gazette-notice-compulsory
gazette · GAZ1
2023-06-27