LA BELLE PROPERTIES LIMITED

💤Zombieactive
SC252599 · ltd · incorporated 2003-07-10
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
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Turnover
year to Dec 2025
Net worth
£17.8k
book net assets
Opportunity
82/100
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
Property-backed borrower with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -70% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 22.5y

45/100
under pressure

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

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 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
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £17,806
Cash draining
Cash down 70% YoY
Cash YoY
-70%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 70% YoY
Net Worth
£18k
↑ 40% YoY
Current Assets
Current Liabilities
£0£4k£7k£11k£14k£18kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£17.8k£12.7k
Cash£3.7k£12.6k
Net assets£17.8k£12.7k

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-08-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2011-10-11
    CHADWICK, Nigel Andrew resigned
    secretary
  16. 2011-10-11
    CHADWICK, Nigel Andrew resigned
    director
  17. 2003-12-09
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  18. 2003-11-21
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  19. 2003-07-10
    🏢
    Company incorporated
    As LA BELLE PROPERTIES LIMITED
  20. 2003-07-10
    STEVEN, Alexander John appointed
    director
  21. 2003-07-10
    CHADWICK, Nigel Andrew appointed
    secretary
  22. 2003-07-10
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2003-07-10
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2003-07-10
    CHADWICK, Nigel Andrew appointed
    director
  25. 2003-07-10
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  26. 2003-07-10
    STEPHEN MABBOTT LTD. 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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — 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 74 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
Mr Alexander John Steven
Individual · British · DOB 06/1952 · age 74
75100%
75-100% shares10/07/2016

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
Incorporated2003-07-10
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Unit 3 Morris Park
37 Rosyth Road
Glasgow
G5 0YE
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12

Officers (1 active · 4 resigned)

STEVEN, Alexander John
director · ~74y · appointed 2003-07-10
View their other companies + combined net worth →
Active
CHADWICK, Nigel Andrew
secretary · appointed 2003-07-10 · resigned 2011-10-11
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-07-10 · resigned 2003-07-10
Resigned
CHADWICK, Nigel Andrew
director · ~62y · appointed 2003-07-10 · resigned 2011-10-11
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-07-10 · resigned 2003-07-10
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/12/2003
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property21/11/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13