FIRST BOND PROPERTY INVESTMENTS LIMITED

💤Zombieactive

SC090277 · ltd · incorporated 1984-10-30

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 Mar 2025

Net worth

—

book net assets

Opportunity

77/100

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

Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 64). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

12 live charges · 2 lenders · oldest 37.9y

30/100

under pressure

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

· Oldest live charge is 37.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

12 charges (12/12 with lender, 12/12 with type)

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

127 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	2	200

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-12
🔓
Charge satisfied #9
2024-04-12
🔓
Charge satisfied #7
2024-04-08
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08
🔓
Charge satisfied #5
2024-04-08
🔓
Charge satisfied #1
2024-04-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-05
🔓
Charge satisfied #11
2024-04-05
🔓
Charge satisfied #10
2024-04-05
🔓
Charge satisfied #8
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-01
🔓
Charge satisfied #12
2023-02-01
🔓
Charge satisfied #6
2022-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-14
🔓
Charge satisfied #13
2021-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-28
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-07-27
🔒
Charge registered #13
Lender: Bank of Scotland PLC
2020-07-27
🔒
Charge registered #12
Lender: Bank of Scotland PLC
2013-06-06
🔒
Charge registered #11
Lender: Bank of Scotland PLC
2013-06-06
🔒
Charge registered #10
Lender: Bank of Scotland PLC
2011-10-03
➖
ESSON, Hunter Alexander resigned
secretary
2011-04-01
➕
ESSON, Nicola appointed
secretary
2009-07-10
➖
ESSON, James William resigned
director
2005-12-22
🔒
Charge registered #9
Lender: The Governor and Company of the Bank of Scotland
2004-01-19
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
2004-01-18
🔒
Charge registered #7
Lender: The Governor and Company of the Bank of Scotland
2003-08-14
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
2003-07-15
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1989-09-25
🔓
Charge satisfied #4
1989-04-05
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
1988-10-04
🔓
Charge satisfied #2
1988-06-28
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1988-05-27
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1984-10-30
🏢
Company incorporated
As FIRST BOND PROPERTY INVESTMENTS LIMITED

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Hunter Alexander Esson Individual · British · DOB 05/1962 · age 64	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
G&T FULLER PROPERTIES LTD→ SC646142 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
GOODLAD PROPERTIES LIMITED→ SC278555 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
GORDON INVESTMENT CORPORATION LIMITED→ SC122112 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
GRAMPIAN COMMERCIAL PROPERTY LTD→ SC626512 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
GRAMPIAN HOMES LIMITED→ SC370080 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
GRAMPIAN PROPERTY BUYERS LTD→ SC711109 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRAND PROPERTIES ABERDEEN LTD→ SC712912 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRANDHOLM PROPERTY LTD→ SC773995 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
GRANITE CITY RENTALS LTD→ SC824447 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GRANITE CONSTRUCTION (ABERDEEN) LTD→ SC323316 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
GRANTON SA LTD→ SC808064 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GREAT WHITE LIMITED→ SC832658 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated1984-10-30

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 Albert Street

Aberdeen

AB25 1XQ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-13

Last: 2025-09-29

Officers (2 active · 2 resigned)

ESSON, Nicola→

secretary · appointed 2011-04-01

View their other companies + combined net worth →

Active

ESSON, Hunter Alexander→

director · ~64y

View their other companies + combined net worth →

Active

ESSON, Hunter Alexander→

secretary · resigned 2011-10-03

Resigned

ESSON, James William→

director · ~90y · resigned 2009-07-10

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:12 of 12 shown

		Type	Properties
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	2 properties	27/07/2020	14/11/2022
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	27/07/2020	01/02/2023
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	06/06/2013	05/04/2024
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	06/06/2013	05/04/2024
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	2 properties	22/12/2005	12/04/2024
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	19/01/2004	05/04/2024
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	18/01/2004	12/04/2024
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	14/08/2003	01/02/2023
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	15/07/2003	08/04/2024
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	05/04/1989	25/09/1989
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	28/06/1988	04/10/1988
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	27/05/1988	08/04/2024

Recent filings (127 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-02

change-person-director-company-with-change-date

officers · CH01

2025-10-02

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-10-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-04

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-12

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-12

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-08

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-08

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-05

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-05

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-02