3N PROPERTY LIMITED

💤Zombieactive
SC580528 · ltd · incorporated 2017-11-02
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 Nov 2024
Net worth
£-5.8k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
20 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £5,811
Cash YoY
+8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 8.4% YoY
Net Worth
-£6k
↑ 48% YoY
Current Assets
£6k
↑ 3.9% YoY
Current Liabilities
-£11k-£8k-£4k-£745£3k£6kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£220.4k£226.8k
Current assets£6.2k£5.9k
Cash£5.5k£5.1k
Debtors£666£861
Net assets£-5.8k£-11.1k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2021-04-08
    🔒
    Charge registered #3
    Lender: Handelsbanken PLC
  9. 2020-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-06-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2018-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2018-06-15
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  14. 2018-06-11
    🔒
    Charge registered #1
    Lender: Svenska Handelsbanken Ab (Publ)
  15. 2017-11-02
    🏢
    Company incorporated
    As 3N PROPERTY LIMITED
  16. 2017-11-02
    NAIRN, David Hamilton appointed
    director
  17. 2017-11-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr James Cullen Nairn
Individual · British · DOB 03/1998 · age 28
2550%
25–50%25-50% shares · 25-50% voting02/11/2017
Mr David Cullen Hamilton Nairn
Individual · British · DOB 06/2000 · age 26
2550%
25–50%25-50% shares · 25-50% voting02/11/2017
Jack Cullen Hamilton Nairn
Individual · British · DOB 04/2005 · age 21
2550%
25–50%25-50% shares · 25-50% voting02/11/2017
Mr David Hamilton Nairn
Individual · British · DOB 11/1969 · age 57
sig. influencesignificant influence02/11/2017

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 · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
185 PROPERTIES LTD
SC862588 · est 2025 · no financials extracted
1981 LTD
SC757666 · est 2023 · no financials extracted
3y
2 INSTALL PROPERTY LTD
SC820009 · est 2024 · no financials extracted
1y
25PROPERTY INN LTD
SC871000 · est 2025 · no financials extracted
5M ESTATES LTD
SC784798 · est 2023 · no financials extracted
2y
A3 BRANDS LTD
SC558057 · est 2017 · no financials extracted
9y
ACK COMMERCIAL LTD
SC838391 · est 2025 · no financials extracted
1y
ADA JESS PROPERTIES LIMITED
SC822199 · est 2024 · no financials extracted
1y
AG PROPERTIES (SCOTLAND) LTD
SC870761 · est 2025 · no financials extracted
AGR BROTHERS LTD
SC775740 · est 2023 · no financials extracted
2y
AJ PROPERTIES (SCOTLAND) LTD.
SC533198 · est 2016 · no financials extracted
9y
AJ RENTALS (SCOTLAND) LTD.
SC535025 · est 2016 · no financials extracted
9y
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
Incorporated2017-11-02
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Titanium 1 King's Inch Place
Renfrew
PA4 8WF
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (1 active · 0 resigned)

NAIRN, David Hamilton
director · ~57y · appointed 2017-11-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property08/04/2021
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property15/06/2018
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge11/06/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-04-10
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-01