ASHNOR PROPERTIES LTD
💤Zombieactive
SC571771 · ltd · incorporated 2017-07-21
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 Jul 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 8.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
5 charges (5/5 with lender, 5/5 with type)
90
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
5 connected companies via shared directors
60
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|
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
3
filings
- • 1 officers
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 90 days
3
filings
- • 1 officers
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 officers
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-15📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-27🔒Charge registered #5Lender: Lendinvest Btl Limited
- 2024-11-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-12🔒Charge registered #4Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31🔓Charge satisfied #1
- 2024-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-23🔒Charge registered #3Lender: Paragon Bank PLC
- 2022-03-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-07🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2021-04-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-04-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-10-24🔒Charge registered #1Lender: Bank of Scotland PLC
- 2017-07-21🏢Company incorporatedAs ASHNOR PROPERTIES LTD
- 2017-07-21➕ASHIQ, Fahim appointeddirector
- 2017-07-21📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe 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.
- +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 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
cleanNo 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 Fahim Ashiq Individual · British · DOB 09/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/07/2017 |
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 & T RESIDENTIAL PROPERTIES LIMITED→ SC387555 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AJC LETTINGS LIMITED→ SC722932 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AJT PROPERTIES LARKHALL LTD→ SC749409 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARC33 INVESTMENTS LTD→ SC878485 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARCHER PROPERTY(FIFE) LIMITED→ SC839438 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDCRAIG DEVELOPMENTS LIMITED→ SC177712 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ARLA PROPERTY GROUP LTD→ SC838139 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARRAN SIDHU PORTFOLIO LTD→ SC676311 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASK DUNFERMLINE PROPERTY LTD→ SC841673 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATL REAL ESTATE LTD→ SC697373 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ATRIX LIMITED→ SC077731 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| ATS LETTING LTD→ SC583272 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2017-07-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
16 Ladywynd
Cupar
KY15 4DE
Scotland
Filing status
Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30
Officers (1 active · 0 resigned)
ASHIQ, Fahim→
Activedirector · ~56y · appointed 2017-07-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 27/11/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 12/11/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 23/01/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 07/01/2022 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 24/10/2017 | 31/07/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-dormant
accounts · AA
2022-03-10