CLUDEN PROPERTIES LTD

💤Zombieactive
SC663722 · ltd · incorporated 2020-06-10
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Jun 2025
Net worth
£40.3k
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

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: Cash flow review and working-capital discipline. Cash down -47% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 5.7y

30/100
under pressure

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

  • · Oldest live charge is 5.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
Positive net assets
Net assets £40,336
Net assets shrinking
Down £5 YoY
Cash draining
Cash down 47% YoY
Cash YoY
-47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£835
↓ 47% YoY
Net Worth
£40k
~ YoY
Current Assets
—
Current Liabilities
—
£0£8k£16k£24k£32k£40kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£141.0k£145.4k
Cash£835£1.6k
Net assets£40.3k£40.3k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-05-31
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  7. 2022-03-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-04-23
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  12. 2020-09-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2020-09-18
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  14. 2020-06-10
    🏢
    Company incorporated
    As CLUDEN PROPERTIES LTD
  15. 2020-06-10
    ➕
    DEMPSTER, William appointed
    director
  16. 2020-06-10
    📄
    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 6 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Dempster
Individual · British · DOB 06/1982 · age 44
75–100%
—75-100% shares10/06/2020

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 · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DUMFRIES PROPERTY RENTALS LIMITED→
SC358491 · est 2009
£265.7k
£225.8k–£305.5k
—£265.7k—17y8261y
S.W. PLANT (PROPERTY) LIMITED→
SC203221 · est 2000
£117.4k
£99.8k–£135.0k
—£117.4k—26y8274y
KENMURE FISHERIES LIMITED→
SC044129 · est 1966
£99.0k
£84.2k–£113.9k
—£99.0k—59y8269y
CATHERINEFIELD PROPERTIES LTD→
SC388898 · est 2010
£86.0k
£73.1k–£98.9k
—£86.0k—15y8071y
THE GLENSTOCKEN FARMING COMPANY LTD.→
SC039562 · est 1963
£46.2k
£39.3k–£53.2k
—£46.2k—62y8282y
RED SKY REAL ESTATE LIMITED→
SC277622 · est 2004
£39.0k
£33.1k–£44.8k
—£39.0k—21y8280y
CARGEN TOWER LIMITED→
SC252204 · est 2003
———30022y8382y
DEVORGILLA PROPERTY COMPANY LIMITED→
SC048759 · est 1971 · no financials extracted
————54y8376y
SAINT PROPERTY LIMITED→
SC214770 · est 2001
———20025y8258y
SOUTH WEST PROPERTY CENTRE LIMITED→
SC213156 · est 2000
———30025y8260y
T.A.V. INVESTMENTS LIMITED→
SC218611 · est 2001
———025y8262y
SOUTH OF SCOTLAND ICE RINK LIMITED→
SC043163 · est 1966
———060y8179y
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
Incorporated2020-06-10
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Thornside
Hardthorn Road
Dumfries
Dumfries And Galloway
DG2 9TG
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-06
Last: 2025-06-22

Officers (1 active · 0 resigned)

DEMPSTER, William→
director · ~44y · appointed 2020-06-10
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
Shawbrook
Shawbrook Bank Limited
A registered charge1 property31/05/2022—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property23/04/2021—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property18/09/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-19