GREEN PADS (SCOTLAND) LIMITED
🏛️Establishedactive
SC613265 · ltd · incorporated 2018-11-09
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
- · Refinance opportunity: clean_up_first → ready
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.0y old — refinance window within 12 months
What changed my view
Last 30 days
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Refinance opportunity: clean_up_first → ready
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£27.6k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 3.0y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.0 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
44 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 declaredPositive net assets
Net assets £27,558
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£28k
↑ 7.0% YoY
Current Assets
£600k
↑ 39% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £27.6k | £25.7k |
| Current assets | £600.2k | £432.6k |
| Net assets | £27.6k | £25.7k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-25🔓Charge satisfied #1
- 2025-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-24🔓Charge satisfied #2
- 2024-08-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-25🔒Charge registered #2Lender: Residential Loans LTD.
- 2023-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-23🔒Charge registered #1Lender: Residential Loans LTD.
- 2022-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-11-01➕KHAN, Rabia appointeddirector
- 2022-10-01➖OKHAI, Amar resignedsecretary
- 2022-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-04-06📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-15➕OKHAI, Amar appointedsecretary
- 2021-12-15➖OKHAI, Mumtaz resignedsecretary
- 2021-12-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-12-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-28➕OKHAI, Mumtaz appointedsecretary
- 2021-10-28➖GREEN PADS LTD resignedcorporate-secretary
- 2021-04-01➕OKHAI, Amar appointeddirector
- 2021-04-01➖OKHAI, Amar resigneddirector
- 2021-01-01➖OKHAI, Mumtaz resigneddirector
- 2020-01-01➕OKHAI, Amar appointeddirector
- 2019-09-01➖OKHAI, Amar resigneddirector
- 2018-11-09🏢Company incorporatedAs GREEN PADS (SCOTLAND) LIMITED
- 2018-11-09➕GREEN PADS LTD appointedcorporate-secretary
- 2018-11-09➕OKHAI, Amar appointeddirector
- 2018-11-09➕OKHAI, Mumtaz appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Amar Okhai Individual · British · DOB 11/1982 · age 44 | — | — | sig. influencesignificant influence · firm interest | 01/04/2021 |
2 historic (ceased) PSCs
- Mumtaz Okhaiceased 15/12/2021· significant influence
- Ms Mumtaz Okhaiceased 01/04/2021· significant influence
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 · Construction · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KILMAC LTD→ SC458759 · est 2013 | £6.45M £4.61M–£8.30M | — | — | 16000 | 12y | 84 | 58y |
| GUILD HOMES (TAYSIDE) LTD.→ SC170248 · est 1996 | £2.17M £1.55M–£2.79M | — | — | 34 | 29y | 84 | 63y |
| D J LAING (CONTRACTS) LIMITED→ SC087805 · est 1984 | £1.52M £1.08M–£1.95M | — | — | 57 | 42y | 87 | 79y |
| ROCKNOWE INTERIORS LIMITED→ SC489276 · est 2014 | £634.1k £452.9k–£815.3k | — | — | 1100 | 11y | 85 | 75y |
| ANGUS DECORATING COMPANY LIMITED→ SC056282 · est 1974 | £605.6k £432.6k–£778.6k | — | — | 6300 | 51y | 83 | 63y |
| FLAGSHIP PROPERTY CARE LIMITED→ SC560189 · est 2017 | £34.1k £24.4k–£43.9k | — | — | 0 | 9y | 83 | 83y |
| DOUBLE KWIK SCAFFOLDING LIMITED→ SC145539 · est 1993 | — | — | — | — | 32y | 83 | 65y |
| ISLAND LEISURE LIMITED→ SC119182 · est 1989 | — | — | — | 23 | 36y | 83 | 64y |
| JACKSON STEEL STRUCTURES LIMITED→ SC047786 · est 1970 | — | — | £1.45M | — | 55y | 83 | 60y |
| JAMES LAMMOND LIMITED→ SC258479 · est 2003 | — | — | — | 3800 | 22y | 83 | 62y |
| M & M PLUMBING & HEATING SUPPLIES LIMITED→ SC333448 · est 2007 | — | — | — | 2300 | 18y | 83 | 63y |
| MARTIN ALAN CONSTRUCTION LIMITED→ SC227220 · est 2002 | — | — | — | 53 | 24y | 83 | 69y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-11-09
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
35 Camperdown Street
Broughty Ferry
Dundee
DD5 3AA
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (2 active · 6 resigned)
Active
Active
OKHAI, Amar→
Resignedsecretary · appointed 2021-12-15 · resigned 2022-10-01
OKHAI, Mumtaz→
Resignedsecretary · appointed 2021-10-28 · resigned 2021-12-15
GREEN PADS LTD→
Resignedcorporate-secretary · appointed 2018-11-09 · resigned 2021-10-28
OKHAI, Amar→
Resigneddirector · ~66y · appointed 2020-01-01 · resigned 2021-04-01
OKHAI, Amar→
Resigneddirector · ~44y · appointed 2018-11-09 · resigned 2019-09-01
OKHAI, Mumtaz→
Resigneddirector · ~66y · appointed 2018-11-09 · resigned 2021-01-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Residential Loans . Residential Loans LTD. | A registered charge | 1 property | 25/05/2023 | 24/06/2025 | |
| satisfied | Residential Loans . Residential Loans LTD. | A registered charge | — | 23/05/2023 | 25/06/2025 |
Recent filings (44 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-30
appoint-person-director-company-with-name-date
officers · AP01
2022-11-30
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-06