STAG PROPERTIES LTD.

💤Zombieactive

SC232325 · ltd · incorporated 2002-06-05

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

£-67.5k

book net assets

Opportunity

79/100

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

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · oldest 23.7y

45/100

under pressure

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

· Oldest live charge is 23.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· 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

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

3 officers (1 active, 3 linked, 1 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

77 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £67,502

High leverage

Liabilities are 100% of total assets

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£68k

↑ 31% YoY

Current Assets

£4k

↑ 383% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£58.6k	£130.9k
Current assets	£3.6k	£747
Net assets	£-67.5k	£-97.3k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2026-01-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-27
🔓
Charge satisfied #9
2019-03-27
🔓
Charge satisfied #8
2019-03-27
🔓
Charge satisfied #7
2019-03-27
🔓
Charge satisfied #6
2019-03-27
🔓
Charge satisfied #5
2019-03-27
🔓
Charge satisfied #4
2019-03-27
🔓
Charge satisfied #3
2019-03-27
🔓
Charge satisfied #1
2019-03-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-22
➖
COLLIN, Douglas Alexander resigned
secretary
2015-04-08
➕
COLLIN, Douglas Alexander appointed
secretary
2015-04-08
➖
HEWITT, Ashleigh resigned
secretary
2015-03-10
🔓
Charge satisfied #2
2007-03-08
🔒
Charge registered #9
Lender: Clydesdale Bank Public Limited Company
2006-03-30
🔒
Charge registered #8
Lender: Clydesdale Bank Public Limited Company
2004-09-06
🔒
Charge registered #7
Lender: Clydesdale Bank Public Limited Company
2004-02-02
🔒
Charge registered #6
Lender: Clydesdale Bank Public Limited Company
2003-06-26
🔒
Charge registered #5
Lender: Clydesdale Bank Public Limited Company
2003-01-09
🔒
Charge registered #4
Lender: Clydesdale Bank Public Limited Company
2002-11-13
🔒
Charge registered #3
Lender: Clydesdale Bank Public Limited Company
2002-11-07
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
2002-09-09
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2002-06-05
🏢
Company incorporated
As STAG PROPERTIES LTD.
2002-06-05
➕
COLLIN, Douglas Alexander appointed
director
2002-06-05
➕
HEWITT, Ashleigh appointed
secretary

Owner dependency

93/100

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.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
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

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 Derek Martin Hewitt Individual · British · DOB 09/1951 · age 75	75–100%	—	75-100% shares	08/04/2016

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 · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
THE WAYFARER PROPERTIES LTD.→ SC230423 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
THIRD SECTOR SPACE LTD→ SC645980 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
THISTLE PROPERTY SERVICES LTD→ SC854385 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TIGER SABHARWAL PROPERTIES LIMITED→ SC702588 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
TILLY PROPERTY SERVICES LTD→ SC698383 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
TNT PROPERTY DEVELOPMENTS LTD→ SC841010 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
TOFF PROPERTY & LETTING LIMITED→ SC739306 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
TOM TOM PROPERTY LIMITED→ SC261761 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
TORWOOD ESTATES LTD→ SC641254 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
TOUCHWOOD PROPERTIES LIMITED→ SC181895 · est 1998 · no financials extracted	—	—	—	—	28y	—	—
TOWN PROPERTY MANAGEMENT LIMITED→ SC653465 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
TRABAJO PROPERTIES LIMITED→ SC862060 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2002-06-05

Jurisdictionscotland

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

Registered office

Suite 6 Firhill Business Centre

76 Firhill Road

Glasgow

G20 7BA

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-04-22

Last: 2026-04-08

Officers (1 active · 2 resigned)

COLLIN, Douglas Alexander→

director · ~60y · appointed 2002-06-05

View their other companies + combined net worth →

Active

COLLIN, Douglas Alexander→

secretary · appointed 2015-04-08 · resigned 2017-05-22

Resigned

HEWITT, Ashleigh→

secretary · appointed 2002-06-05 · resigned 2015-04-08

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:9 of 9 shown

		Type	Properties
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	08/03/2007	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	30/03/2006	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	06/09/2004	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	02/02/2004	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	26/06/2003	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	09/01/2003	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	13/11/2002	27/03/2019
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	07/11/2002	10/03/2015
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	09/09/2002	27/03/2019