AGNEW PROPERTY LTD

💤Zombieactive
SC558449 · ltd · incorporated 2017-02-23
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 Feb 2024
Net worth
£15.8k
book net assets
Opportunity
53/100
Worth a look
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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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
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
Network not yet resolved
30
Filing history
20 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
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £15,817

Key financials

2 years extracted from filed iXBRL accounts
Cash
£16k
Net Worth
£16k
Current Assets
£16k
Current Liabilities
£0£3k£7k£10k£13k£16kFeb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-02-282023-02-28
Total assets£15.8k
Current assets£16.5k
Cash£16.5k
Net assets£15.8k

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 (14 events)Click to expand
  1. 2025-05-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-05-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-02-17
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2020-05-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-02-23
    🏢
    Company incorporated
    As AGNEW PROPERTY LTD
  13. 2017-02-23
    AGNEW, Luke appointed
    director
  14. 2017-02-23
    📄
    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 name in company name: Company name contains director surname "AGNEW" — strong identity link between founder and business.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Luke Agnew
Individual · Scottish · DOB 02/1986 · age 40
75100%
board control75-100% shares · board control23/02/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-02-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

24 Blackhill Crescent
Glasgow
G23 5NF
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-28
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 0 resigned)

AGNEW, Luke
director · ~40y · appointed 2017-02-23
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-18
resolution
resolution · RESOLUTIONS
2021-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-05