A1 CITY PROPERTIES LTD
🏛️Establishedactive
SC575715 · ltd · incorporated 2017-09-07
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 Mar 2025
Net worth
£-34.5k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
11 live charges · 4 lenders · oldest 8.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £34,526
Cash YoY
-16%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£9k
↓ 16% YoY
Net Worth
-£35k
↑ 61% YoY
Current Assets
£180k
↑ 1046% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £286.8k | £193.5k |
| Current assets | £179.7k | £15.7k |
| Cash | £9.2k | £11.0k |
| Debtors | £2.2k | £4.7k |
| Net assets | £-34.5k | £-87.8k |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-03🔓Charge satisfied #8
- 2025-07-03🔓Charge satisfied #4
- 2025-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-20🔒Charge registered #11Lender: Paratus Amc Limited
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-18🔓Charge satisfied #7
- 2024-12-18🔓Charge satisfied #6
- 2024-12-16🔒Charge registered #10Lender: Charter Court Financial Services Limited
- 2024-12-16🔒Charge registered #9Lender: Charter Court Financial Services Limited
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-23🔓Charge satisfied #5
- 2021-12-23🔓Charge satisfied #3
- 2021-12-23🔓Charge satisfied #1
- 2020-07-20🔒Charge registered #8Lender: Macfarlane Harris LTD
- 2019-10-22🔒Charge registered #7Lender: Shawbrook Bank Limited
- 2019-08-28🔒Charge registered #6Lender: Shawbrook Bank Limited
- 2019-08-07🔒Charge registered #5Lender: Shawbrook Bank Limited
- 2018-06-25🔒Charge registered #4Lender: Shawbrook Bank Limited
- 2018-06-25🔒Charge registered #3Lender: Shawbrook Bank Limited
- 2018-05-03🔒Charge registered #2Lender: Shawbrook Bank Limited
- 2017-12-13🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2017-09-07🏢Company incorporatedAs A1 CITY PROPERTIES LTD
- 2017-09-07➕HOWARD, Philip appointedsecretary
- 2017-09-07➕CONDIE, Jonathan appointeddirector
- 2017-09-07➕HOWARD, Philip appointeddirector
- 2017-09-07➕HOWARD, Shona appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Shona Howard Individual · British · DOB 09/1992 · age 34 | — | — | board controlboard control | 07/09/2021 |
Mr Philip Howard Individual · British · DOB 09/1993 · age 33 | — | — | board controlboard control | 07/09/2021 |
Mr Jonathan Condie Individual · British · DOB 01/1993 · age 33 | — | — | board controlboard control | 07/09/2017 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 78 BELMONT WEST LTD→ SC732832 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 8 INVESTMENTS SCOTLAND LTD→ SC686363 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 876 PROPERTIES LTD→ SC816665 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 9395 PROPERTY MANAGEMENT LIMITED→ SC749443 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 964 INVESTMENTS LTD→ SC866596 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A & A PROPERTIES (SCOTLAND) LTD.→ SC275175 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| A ARAN'S SCOT LTD→ SC466524 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A&A S ENTERPRISES LTD→ SC775314 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 CHIRO HOLDINGS LTD→ SC707037 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A3 HOLDINGS LTD→ SC676722 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A3 PROPERTIES LIMITED→ SC453426 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A3L PROPERTY LTD→ SC830344 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2017-09-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Cambuslang Court
Glasgow
G32 8FH
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06
Officers (4 active · 0 resigned)
Active
CONDIE, Jonathan→
Activedirector · ~33y · appointed 2017-09-07
View their other companies + combined net worth →
HOWARD, Philip→
Activedirector · ~33y · appointed 2017-09-07
View their other companies + combined net worth →
HOWARD, Shona→
Activedirector · ~34y · appointed 2017-09-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
4
Outstanding
3
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 20/02/2025 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 16/12/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 16/12/2024 | — | |
| satisfied | Macfarlane Harris Macfarlane Harris LTD | A registered charge | 1 property | 20/07/2020 | 03/07/2025 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 22/10/2019 | 18/12/2024 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 28/08/2019 | 18/12/2024 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 07/08/2019 | 23/12/2021 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 25/06/2018 | 03/07/2025 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 25/06/2018 | 23/12/2021 | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 03/05/2018 | — | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 13/12/2017 | 23/12/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06