ASSET PROPERTIES (SCOTLAND) LTD.

💤Zombieactive
SC600176 · ltd · incorporated 2018-06-18
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 Dec 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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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 active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-12-312023-12-31
Average employees00

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

🔒Filing-note intelligence

1 signal 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 (16 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-01-31
    COCKBURN, Jemma Ann resigned
    director
  5. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-07-05
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2018-06-18
    🏢
    Company incorporated
    As ASSET PROPERTIES (SCOTLAND) LTD.
  14. 2018-06-18
    COCKBURN, Kyle appointed
    director
  15. 2018-06-18
    COCKBURN, Jemma Ann appointed
    director
  16. 2018-06-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-21

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kyle Cockburn
Individual · British · DOB 10/1985 · age 41
2550%
25-50% shares18/06/2018
1 historic (ceased) PSC
  • Mrs Jemma Ann Cockburnceased 30/12/2024· 25-50% shares

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 →

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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
Incorporated2018-06-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

21 West High Street
Crieff
Perthshire
PH7 4AU
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-02-21OVERDUE
Last: 2025-02-07

Officers (1 active · 1 resigned)

COCKBURN, Kyle
director · ~41y · appointed 2018-06-18
View their other companies + combined net worth →
Active
COCKBURN, Jemma Ann
director · ~37y · appointed 2018-06-18 · resigned 2025-01-31
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-07
termination-director-company-with-name-termination-date
officers · TM01
2025-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-27