FIRST MANAGEMENT (GB) LTD.

💤Zombieactive

SC208447 · ltd · incorporated 2000-06-23

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 Apr 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

🔒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

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

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 24.4y

15/100

under pressure

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

· Oldest live charge is 24.4 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· 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

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

10 officers (1 active, 10 linked, 5 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

135 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 · accounting standard unknown

Metric	2025-04-30	2024-04-30

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (55 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
➖
WONG, Kaye Hoi Yan resigned
director
2025-08-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-08
➕
WONG, Chung Man appointed
director
2025-01-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-10
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-09
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-02
📄
gazette-notice-compulsory
gazette · GAZ1
2023-09-23
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-12
📄
gazette-notice-compulsory
gazette · GAZ1
2023-02-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-14
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-13
📄
gazette-notice-compulsory
gazette · GAZ1
2022-04-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-01
🔓
Charge satisfied #8
2022-03-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-03
🔓
Charge satisfied #7
2022-02-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-05
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-09-07
📄
gazette-notice-compulsory
gazette · GAZ1
2021-04-23
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2015-02-26
🔓
Charge satisfied #2
2013-04-01
➖
WONG, Chung Man resigned
secretary
2011-07-26
🔓
Charge satisfied #6
2008-12-01
➕
WONG, Chung Man appointed
secretary
2008-12-01
➖
COHEN & CO SOLICITORS resigned
corporate-secretary
2008-06-12
🔓
Charge satisfied #3
2006-01-20
🔓
Charge satisfied #1
2006-01-14
🔓
Charge satisfied #5
2006-01-14
🔓
Charge satisfied #4
2005-12-05
➕
WONG, Kaye Hoi Yan appointed
director
2005-11-02
🔒
Charge registered #8
Lender: The Royal Bank of Scotland PLC
2005-08-01
➖
LAM, Kevin resigned
director
2005-03-29
🔒
Charge registered #7
Lender: The Royal Bank of Scotland PLC
2004-05-19
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2004-05-06
➖
WONG, Kaye Hoi Yan resigned
director
2003-10-24
🔒
Charge registered #5
Lender: Lloyds Tsb Scotland PLC
2002-12-05
➕
WONG, Kaye Hoi Yan appointed
director
2002-06-04
➖
WONG, Chung Man resigned
director
2002-03-25
➖
WONG, Kaye Hoi Yan resigned
secretary
2002-01-08
🔒
Charge registered #4
Lender: Lloyds Tsb Scotland PLC
2002-01-08
🔒
Charge registered #3
Lender: Scottish Courage LTD
2001-12-14
🔒
Charge registered #2
Lender: Scottish Courage LTD
2001-12-13
🔒
Charge registered #1
Lender: Lloyds Tsb Scotland PLC
2001-10-12
➕
COHEN & CO SOLICITORS appointed
corporate-secretary
2001-08-01
➕
LAM, Kevin appointed
director
2001-05-01
➕
WONG, Kaye Hoi Yan appointed
secretary
2001-05-01
➕
WONG, Chung Man appointed
director

Showing most recent 50 of 55 events

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

65/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.

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
Mrs Kaye Hoi Yan Wong Individual · British · DOB 05/1974 · age 52	75–100%	—	75-100% shares	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
SJMC PROPERTY LTD→ SC767624 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
SOLUTIONS SUBSEA LTD→ SC455552 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
SR DAVIDSON PROPERTY DEVELOPMENTS LTD→ SC390901 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
TABASS LTD.→ SC222547 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
THISTLE HOUSE PROPERTY MANAGEMENT LIMITED→ SC690926 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
THT MCBEY LTD→ SC569422 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
TIGH PROPERTIES LIMITED→ SC724676 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
TIME4 PROPERTY SERVICES LIMITED→ SC792734 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
TOORPROPS LIMITED→ SC795481 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
TORLUNDIE PROPERTY HOLDINGS LTD→ SC847457 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TROUBADOUR MANAGEMENT LIMITED→ SC755847 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
TYRONE PETROLEUM CONSULTANTS LIMITED→ SC141414 · est 1992 · no financials extracted	—	—	—	—	33y	—	—

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

Incorporated2000-06-23

Jurisdictionscotland

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

Registered office

28 Forest Road

Aberdeen

AB15 4BS

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-07-07

Last: 2025-06-23

Officers (1 active · 9 resigned)

WONG, Chung Man→

director · ~64y · appointed 2025-08-08

View their other companies + combined net worth →

Active

WONG, Chung Man→

secretary · appointed 2008-12-01 · resigned 2013-04-01

Resigned

WONG, Kaye Hoi Yan→

secretary · appointed 2001-05-01 · resigned 2002-03-25

Resigned

COHEN & CO SOLICITORS→

corporate-secretary · appointed 2001-10-12 · resigned 2008-12-01

Resigned

FORM 10 SECRETARIES FD LTD→

corporate-nominee-secretary · appointed 2000-06-23 · resigned 2000-06-23

Resigned

LAM, Kevin→

director · ~70y · appointed 2001-08-01 · resigned 2005-08-01

Resigned

WONG, Chung Man→

director · ~64y · appointed 2001-05-01 · resigned 2002-06-04

Resigned

WONG, Kaye Hoi Yan→

director · ~52y · appointed 2005-12-05 · resigned 2025-09-01

Resigned

WONG, Kaye Hoi Yan→

director · ~52y · appointed 2002-12-05 · resigned 2004-05-06

Resigned

FORM 10 DIRECTORS FD LTD→

corporate-nominee-director · appointed 2000-06-23 · resigned 2000-06-23

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:8 of 8 shown

		Type	Properties
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	02/11/2005	01/04/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	29/03/2005	03/03/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	19/05/2004	26/07/2011
satisfied	Lloyds Banking Group Lloyds Tsb Scotland PLC	Standard security	1 property	24/10/2003	14/01/2006
satisfied	Lloyds Banking Group Lloyds Tsb Scotland PLC	Standard security	1 property	08/01/2002	14/01/2006
satisfied	Scottish Courage Scottish Courage LTD	Standard security	1 property	08/01/2002	12/06/2008
satisfied	Scottish Courage Scottish Courage LTD	Floating charge	1 property	14/12/2001	26/02/2015
satisfied	Lloyds Banking Group Lloyds Tsb Scotland PLC	Bond & floating charge	1 property	13/12/2001	20/01/2006

Recent filings (135 total)

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-12-22

termination-director-company-with-name-termination-date

officers · TM01

2025-09-04

appoint-person-director-company-with-name-date

officers · AP01

2025-08-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-27

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-01-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-24

gazette-filings-brought-up-to-date

gazette · DISS40

2024-04-10

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-04-09

gazette-notice-compulsory

gazette · GAZ1

2024-04-02

gazette-filings-brought-up-to-date

gazette · DISS40

2023-09-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-20

gazette-notice-compulsory

gazette · GAZ1

2023-09-12

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-02-14

gazette-filings-brought-up-to-date

gazette · DISS40

2022-09-14

gazette-notice-compulsory

gazette · GAZ1

2022-09-13