CARLOS PROPERTIES LIMITED

💤Zombieactive
SC257412 · ltd · incorporated 2003-10-10
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.
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 Oct 2024
Net worth
—
book net assets
Opportunity
75/100
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
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 5 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

14 live charges · 2 lenders · oldest 21.9y

30/100
under pressure

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

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Average employees00

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 (42 events)Click to expand
  1. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-02-11
    🔓
    Charge satisfied #10
  4. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-07-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-10-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-07-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-07-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-12-11
    🔓
    Charge satisfied #1
  18. 2014-07-09
    🔓
    Charge satisfied #9
  19. 2014-07-09
    🔓
    Charge satisfied #7
  20. 2014-07-09
    🔓
    Charge satisfied #3
  21. 2014-03-03
    🔒
    Charge registered #14
    Lender: Bank of Scotland PLC
  22. 2014-03-03
    🔒
    Charge registered #13
    Lender: Bank of Scotland PLC
  23. 2014-03-03
    🔒
    Charge registered #11
    Lender: Bank of Scotland PLC
  24. 2014-02-27
    🔒
    Charge registered #10
    Lender: Bank of Scotland PLC
  25. 2014-02-19
    🔒
    Charge registered #12
    Lender: Bank of Scotland PLC
  26. 2009-02-16
    ➖
    C & P (NOMINEES) LIMITED resigned
    corporate-secretary
  27. 2008-07-01
    ➖
    THE GRANT SMITH LAW PRACTICE resigned
    corporate-secretary
  28. 2007-06-19
    🔒
    Charge registered #9
    Lender: Clydesdale Bank Public Limited Company
  29. 2007-05-21
    🔒
    Charge registered #8
    Lender: Clydesdale Bank Public Limited Company
  30. 2007-01-29
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  31. 2006-12-22
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  32. 2006-11-16
    ➕
    C & P (NOMINEES) LIMITED appointed
    corporate-secretary
  33. 2006-10-11
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  34. 2006-10-06
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  35. 2006-10-06
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  36. 2005-10-28
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  37. 2004-08-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  38. 2003-10-10
    🏢
    Company incorporated
    As CARLOS PROPERTIES LIMITED
  39. 2003-10-10
    ➕
    AHMED, Khalid Mehmood appointed
    director
  40. 2003-10-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  41. 2003-10-10
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  42. 2003-10-10
    ➕
    THE GRANT SMITH LAW PRACTICE appointed
    corporate-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 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — 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 59. 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 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

1 med · 1 low
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.

9 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Khalid Mehmood Ahmed
Individual · British · DOB 07/1967 · age 59
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Registered office

C/O 70 Victoria Road
Aberdeen
AB11 9DS
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 3 resigned)

AHMED, Khalid Mehmood→
director · ~59y · appointed 2003-10-10
View their other companies + combined net worth →
Active
C & P (NOMINEES) LIMITED→
corporate-secretary · appointed 2006-11-16 · resigned 2009-02-16
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-10-10 · resigned 2003-10-10
Resigned
THE GRANT SMITH LAW PRACTICE→
corporate-secretary · appointed 2003-10-10 · resigned 2008-07-01
Resigned

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

Mortgages & charges

14
Total charges
9
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/03/2014—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/03/2014—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/03/2014—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/02/201411/02/2025
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property19/02/2014—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property19/06/200709/07/2014
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property21/05/2007—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/01/200709/07/2014
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property22/12/2006—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property11/10/2006—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property06/10/2006—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property06/10/200609/07/2014
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/10/2005—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/08/200411/12/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-25