GEORGIAN APARTMENTS LTD

💤Zombieactive
SC299788 · ltd · incorporated 2006-03-28
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 Mar 2025
Net worth
£58.2k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 7.5y

45/100
under pressure

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

  • · Oldest live charge is 7.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £58,230
Net assets shrinking
Down £13,187 YoY
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 99% YoY
Net Worth
£58k
↓ 18% YoY
Current Assets
£195k
↑ 14% YoY
Current Liabilities
£0£39k£78k£117k£156k£195kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£63.2k£86.4k
Current assets£194.7k£170.3k
Cash£2.2k£169.5k
Debtors£192.5k£845
Net assets£58.2k£71.4k

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 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-06-13
    🔓
    Charge satisfied #1
  5. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-10-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-11-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2018-11-15
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  16. 2018-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2006-03-28
    🏢
    Company incorporated
    As GEORGIAN APARTMENTS LTD
  19. 2006-03-28
    TWEEDIE, Irene Mary appointed
    secretary
  20. 2006-03-28
    TWEEDIE, David James appointed
    director

Owner dependency

90/100
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 20 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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 David James Tweedie
Individual · British · DOB 04/1980 · age 46
75100%
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.

🔒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 →

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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
Incorporated2006-03-28
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

17 Knowes Road
Haddington
East Lothian
EH41 3RQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28

Officers (2 active · 0 resigned)

TWEEDIE, Irene Mary
secretary · appointed 2006-03-28
View their other companies + combined net worth →
Active
TWEEDIE, David James
director · ~46y · appointed 2006-03-28
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge15/11/201813/06/2024

Recent filings (50 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
change-person-secretary-company-with-change-date
officers · CH03
2023-10-25
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-25