HANDLEFLAT LIMITED

💤Zombieactive
SC232010 · ltd · incorporated 2002-05-24
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 Aug 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (75/100)

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
7 officers (1 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees1100

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-06-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2023-06-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-06-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-06-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-06-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-05-25
    ➕
    BHATTI, Tahir Ibraheem appointed
    director
  13. 2022-05-25
    ➖
    FINDLAYS resigned
    corporate-secretary
  14. 2022-05-25
    ➖
    BHATTI, Mohammed resigned
    director
  15. 2021-08-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-04-19
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  21. 2010-05-10
    ➕
    FINDLAYS appointed
    corporate-secretary
  22. 2010-04-30
    ➖
    BLACKADDERS LLP resigned
    corporate-secretary
  23. 2008-04-01
    ➖
    BLACKADDERS resigned
    corporate-secretary
  24. 2008-04-01
    ➕
    BLACKADDERS LLP appointed
    corporate-secretary
  25. 2003-07-09
    ➕
    BLACKADDERS appointed
    corporate-secretary
  26. 2002-06-11
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2002-06-11
    ➕
    BHATTI, Mohammed appointed
    director
  28. 2002-06-11
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  29. 2002-05-24
    🏢
    Company incorporated
    As HANDLEFLAT LIMITED
  30. 2002-05-24
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  31. 2002-05-24
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
Mr Tahir Ibraheem Bhatti
Individual · British · DOB 11/2000 · age 26
75–100%
75–100%board control75-100% shares · 75-100% voting · board control25/05/2022
1 historic (ceased) PSC
  • Mr Mohammed Bhatticeased 25/05/2022· 75-100% shares · 75-100% voting · board control

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

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————24y——
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————4y——
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————6y——
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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
Incorporated2002-05-24
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

288 Brook Street
Broughty Ferry
Dundee
DD5 2AN
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (1 active · 6 resigned)

BHATTI, Tahir Ibraheem→
director · ~26y · appointed 2022-05-25
View their other companies + combined net worth →
Active
BLACKADDERS→
corporate-secretary · appointed 2003-07-09 · resigned 2008-04-01
Resigned
BLACKADDERS LLP→
corporate-secretary · appointed 2008-04-01 · resigned 2010-04-30
Resigned
FINDLAYS→
corporate-secretary · appointed 2010-05-10 · resigned 2022-05-25
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-05-24 · resigned 2002-06-11
Resigned
BHATTI, Mohammed→
director · ~66y · appointed 2002-06-11 · resigned 2022-05-25
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2002-05-24 · resigned 2002-06-11
Resigned

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

Recent filings (77 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-06
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-06
appoint-person-director-company-with-name-date
officers · AP01
2023-06-06
termination-director-company-with-name-termination-date
officers · TM01
2023-06-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30