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.
🔒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
68 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 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. 2016-05-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2016-04-18
    ➖
    NOTMAN, George William resigned
    director
  19. 2002-05-13
    🏢
    Company incorporated
    As NOTMAN PROPERTIES LIMITED
  20. 2002-05-13
    ➕
    NOTMAN, Anthea appointed
    director
  21. 2002-05-13
    ➕
    BUCHANAN, John Edward appointed
    secretary
  22. 2002-05-13
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 2002-05-13
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 2002-05-13
    ➕
    NOTMAN, George William appointed
    director
  25. 2002-05-13
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  26. 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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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: 2026-05-27
Last: 2025-05-13

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 (68 total)

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
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-13