PLANET 9 PROPERTIES LIMITED

🏛️Establishedactive
SC559494 · ltd · incorporated 2017-03-06
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-2.6k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 2 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,602

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£3k
↓ 21% YoY
Current Assets
—
Current Liabilities
—
-£3k-£3k-£2k-£2k-£2k-£2kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-2.6k£-2.2k
Debtors£2£2
Net assets£-2.6k£-2.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-06-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-06-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-02-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-11-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-03-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2017-03-06
    🏢
    Company incorporated
    As PLANET 9 PROPERTIES LIMITED
  12. 2017-03-06
    ➕
    COLLETT, Charles Richard appointed
    director
  13. 2017-03-06
    ➕
    FARMER, Mark Darren appointed
    director
  14. 2017-03-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +No director turnover: Company is 9 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 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mark Darren Farmer
Individual · British · DOB 04/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting06/03/2017
Mr Charles Richard Collett
Individual · British · DOB 01/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/03/2017

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

6 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
Incorporated2017-03-06
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

C/O Robb Ferguson Regent Court
70 West Regent Street
Glasgow
G2 2QZ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (2 active · 0 resigned)

COLLETT, Charles Richard→
director · ~64y · appointed 2017-03-06
View their other companies + combined net worth →
Active
FARMER, Mark Darren→
director · ~60y · appointed 2017-03-06
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)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19
accounts-with-accounts-type-dormant
accounts · AA
2020-02-20