361 PROPERTIES (SCOTLAND) LTD

🌿Early-stageactive
SC705300 · ltd · incorporated 2021-07-29
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£1.3k
book net assets
Opportunity
72/100
Strong
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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
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 4.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
18 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
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,286
Cash YoY
+10%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£59k
↑ 9.6% YoY
Net Worth
£1k
↑ 577% YoY
Current Assets
£59k
↑ 9.6% YoY
Current Liabilities
£0£12k£24k£35k£47k£59kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Total assets£42.5k£41.4k
Current assets£59.0k£53.8k
Cash£59.0k£53.8k
Net assets£1.3k£190

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
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-07-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-06-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-01-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-02-03
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  14. 2021-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-09-01
    CONNELLY, Corrie appointed
    director
  16. 2021-07-29
    🏢
    Company incorporated
    As 361 PROPERTIES (SCOTLAND) LTD
  17. 2021-07-29
    CONNELLY, Declan appointed
    director
  18. 2021-07-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Corrie Stewart
Individual · British · DOB 03/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/07/2021
Mr Declan Connelly
Individual · British · DOB 07/1995 · age 31
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/07/2021

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

7 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
Incorporated2021-07-29
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

16 Daffodil Drive
Robroyston
Glasgow City
G33 6PQ

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-08
Last: 2025-07-25

Officers (2 active · 0 resigned)

CONNELLY, Corrie
director · ~32y · appointed 2021-09-01
View their other companies + combined net worth →
Active
CONNELLY, Declan
director · ~31y · appointed 2021-07-29
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge2 properties03/02/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-30
change-person-director-company-with-change-date
officers · CH01
2025-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
change-person-director-company-with-change-date
officers · CH01
2023-02-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-02