NOTMAN PROPERTIES LIMITED

💤Zombieactive
SC231443 · ltd · incorporated 2002-05-13
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
£51.4k
book net assets
Opportunity
80/100
Exceptional
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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
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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).

Data confidence

Overall: medium (76/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £51,368

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£51k
Current Assets
£55k
Current Liabilities
—
£0£11k£22k£33k£44k£55kJun 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£54.8k—
Current assets£54.9k—
Net assets£51.4k—
Average employees—0

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2021-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-05-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2018-02-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2017-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-04-08
    ➖
    BUCHANAN, John Edward resigned
    secretary
  14. 2017-04-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2017-02-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-04-18
    ➖
    NOTMAN, George William resigned
    director
  18. 2002-05-13
    🏢
    Company incorporated
    As NOTMAN PROPERTIES LIMITED
  19. 2002-05-13
    ➕
    NOTMAN, Anthea appointed
    director
  20. 2002-05-13
    ➕
    BUCHANAN, John Edward appointed
    secretary
  21. 2002-05-13
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  22. 2002-05-13
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  23. 2002-05-13
    ➕
    NOTMAN, George William appointed
    director
  24. 2002-05-13
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  25. 2002-05-13
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "NOTMAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Mrs Anthea Notman
Individual · British · DOB 09/1954 · age 72
75–100%
75–100%75-100% shares · 75-100% voting01/07/2016
1 historic (ceased) PSC
  • Mrs Anthea Notmanceased 01/01/2022· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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—£112.9k—23y8072y
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—£99.0k—59y8269y
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—£86.0k—15y8071y
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—£39.0k—21y8280y
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
Incorporated2002-05-13
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

26 Border Crescent
Gretna
DG16 5JZ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-05-27
Last: 2026-05-13

Officers (1 active · 4 resigned)

NOTMAN, Anthea→
director · ~72y · appointed 2002-05-13
View their other companies + combined net worth →
Active
BUCHANAN, John Edward→
secretary · appointed 2002-05-13 · resigned 2017-04-08
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-05-13 · resigned 2002-05-13
Resigned
NOTMAN, George William→
director · ~79y · appointed 2002-05-13 · resigned 2016-04-18
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2002-05-13 · resigned 2002-05-13
Resigned

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

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23