23 QNS HIGHLANDS LTD
💤Zombieactive
SC566985 · ltd · incorporated 2017-05-24
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 May 2024
Net worth
£2
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunityDistressed property with salvageable qualities — special-situations priority.
Opportunity 62/100 (worth a look), bankability 55/100. 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).
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
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
37 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
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Total assets | £2 | £2 |
| Net assets | £2 | £2 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- 2025-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-14➕FRIED, Martin appointeddirector
- 2023-04-14➖CHARLTON, John resigneddirector
- 2023-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-05-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-05-07➕CHARLTON, John appointeddirector
- 2020-05-07➖HARRISON, Kelly Jane resigneddirector
- 2020-04-28📄resolutionresolution · RESOLUTIONS
- 2020-04-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-07➖CHARLTON, John resigneddirector
- 2020-02-07➕HARRISON, Kelly Jane appointeddirector
- 2019-03-03➕CHARLTON, John appointeddirector
- 2019-03-03➖KERR, Duncan Hamish Edward resigneddirector
- 2017-05-24🏢Company incorporatedAs 23 QNS HIGHLANDS LTD
- 2017-05-24➕KERR, Duncan Hamish Edward appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Fried Individual · British · DOB 04/1981 · age 45 | 75–100% | — | 75-100% shares | 14/04/2023 |
4 historic (ceased) PSCs
- Mr John Charltonceased 14/04/2023· 75-100% shares
- Mrs Kelly Harrisonceased 07/05/2020· 75-100% shares
- Mr John Charltonceased 07/02/2020· 75-100% shares
- Mr Duncan Hamish Edward Kerrceased 03/03/2019· 75-100% shares · 75-100% voting · board control
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 123CS LIMITED→ SC718222 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 16 RUBISLAW DRIVE LTD→ SC566685 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 16CS LIMITED→ SC692446 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 19 WOODLANDS TERRACE LTD→ SC566693 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 21 MAC LTD→ SC592551 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 22 POLMUIR GARDENS LTD→ SC566695 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 34 QNS HIGHLANDS LTD→ SC566999 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 43 QNS HIGHLANDS LTD→ SC566990 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 46 QNS HIGHLANDS LTD→ SC566989 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 499-501 UNION STREET (MANAGEMENT) LIMITED→ SC867188 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4JL LTD→ SC616115 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 5 SISTER INVESTMENTS LTD→ SC869702 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2017-05-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
34 Queens Highlands
Aberdeen
AB15 4AR
Scotland
Filing status
Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12
Officers (1 active · 4 resigned)
FRIED, Martin→
Activedirector · ~45y · appointed 2023-04-14
View their other companies + combined net worth →
CHARLTON, John→
Resigneddirector · ~74y · appointed 2020-05-07 · resigned 2023-04-14
CHARLTON, John→
Resigneddirector · ~74y · appointed 2019-03-03 · resigned 2020-02-07
HARRISON, Kelly Jane→
Resigneddirector · ~46y · appointed 2020-02-07 · resigned 2020-05-07
KERR, Duncan Hamish Edward→
Resigneddirector · ~59y · appointed 2017-05-24 · resigned 2019-03-03
Click a director name to see their full track record across all companies.
Recent filings (37 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
appoint-person-director-company-with-name-date
officers · AP01
2023-12-21
termination-director-company-with-name-termination-date
officers · TM01
2023-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
appoint-person-director-company-with-name-date
officers · AP01
2022-06-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-15
termination-director-company-with-name-termination-date
officers · TM01
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-26