GLOBAL PROPERTIES LIMITED
🌳Matureactive
SC305330 · ltd · incorporated 2006-07-11
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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 Jun 2025
Net worth
£-36.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
16 live charges · 4 lenders · oldest 19.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: high (80/100)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
75
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
5 officers (5 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £36,320
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£36k
↓ 486% YoY
Current Assets
£5k
↑ 21% 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 | £1.10M | £1.03M |
| Current assets | £5.2k | £4.3k |
| Net assets | £-36.3k | £-6.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (40 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-13🔒Charge registered #16Lender: Bank of Scotland
- 2025-01-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-06🔒Charge registered #15Lender: Bank of Scotland PLC
- 2024-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-05-11📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-20➕MCCULLOCH, Ian Robert appointeddirector
- 2020-07-20➕SALIM, Amir appointeddirector
- 2020-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-01-29🔒Charge registered #13Lender: Bank of Scotland PLC
- 2016-01-28🔒Charge registered #14Lender: Bank of Scotland PLC
- 2016-01-21🔒Charge registered #12Lender: Bank of Scotland PLC
- 2016-01-21🔒Charge registered #11Lender: Bank of Scotland PLC
- 2016-01-19🔒Charge registered #10Lender: Bank of Scotland PLC
- 2015-12-18🔒Charge registered #9Lender: Bank of Scotland PLC
- 2015-11-13🔒Charge registered #8Lender: Bank of Scotland PLC
- 2009-07-08🔒Charge registered #7Lender: Clydesdale Bank PLC
- 2008-12-11🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2008-04-04🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2008-03-21🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2007-12-07🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2007-01-05🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2006-11-28🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2006-07-11🏢Company incorporatedAs GLOBAL PROPERTIES LIMITED
- 2006-07-11➕SALIM, Mazhar appointedsecretary
- 2006-07-11➕SALIM, Ashar appointeddirector
- 2006-07-11➕SALIM, Mazhar appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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
1 low16 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ashar Salim Individual · British · DOB 11/1978 · age 48 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Mazhar Salim Individual · British · DOB 09/1969 · age 57 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PCM PROPERTIES LIMITED→ SC142138 · est 1993 | £1.18M £1.01M–£1.36M | — | £1.18M | — | 33y | 82 | 68y |
| G.W. DOUGLAS PROPERTY & GARAGE COMPANY LIMITED→ SC031202 · est 1955 | £1.10M £938.6k–£1.27M | — | £1.10M | — | 70y | 82 | 70y |
| MVPR LIMITED→ SC240584 · est 2002 | £753.5k £640.4k–£866.5k | — | £753.5k | — | 23y | 82 | 69y |
| A J W PROPERTIES (SCOTLAND) LIMITED→ SC254914 · est 2003 | £631.0k £536.4k–£725.7k | — | £631.0k | — | 22y | 82 | 73y |
| BENTHEAD DEVELOPMENTS LIMITED→ SC123999 · est 1990 | £469.5k £399.1k–£539.9k | — | £469.5k | — | 36y | 82 | 65y |
| ABBEYFORT HOLIDAYS LIMITED→ SC301687 · est 2006 | £408.0k £346.8k–£469.2k | — | £408.0k | — | 20y | 83 | 61y |
| TAYLOR BROTHERS (PROPERTY DEVELOPMENT) LIMITED→ SC058985 · est 1975 | £392.5k £333.7k–£451.4k | — | £392.5k | — | 50y | 83 | 79y |
| STARK'S PARK PROPERTIES LTD→ SC226922 · est 2002 | £337.6k £287.0k–£388.3k | — | £337.6k | — | 24y | 82 | 75y |
| GOOD NEWS (DUNFERMLINE) LIMITED→ SC168501 · est 1996 | £126.6k £107.6k–£145.6k | — | £126.6k | — | 29y | 82 | 67y |
| SUMMITS INVESTMENTS LIMITED→ SC169947 · est 1996 | £123.7k £105.1k–£142.3k | — | £123.7k | — | 29y | 82 | 73y |
| REGENTS ESTATES AND MORTGAGES LIMITED→ SC252333 · est 2003 | £107.7k £91.5k–£123.8k | — | £107.7k | — | 23y | 82 | 64y |
| RUMOURS (KIRKCALDY) LTD.→ SC240082 · est 2002 | £58.1k £49.4k–£66.9k | — | £58.1k | — | 23y | 82 | 61y |
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
Incorporated2006-07-11
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
338 High Street
Kirkcaldy
Fife
KY1 1LD
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-17
Last: 2026-06-03
Officers (5 active · 0 resigned)
Active
MCCULLOCH, Ian Robert→
Activedirector · ~60y · appointed 2020-07-20
View their other companies + combined net worth →
Active
SALIM, Ashar→
Activedirector · ~48y · appointed 2006-07-11
View their other companies + combined net worth →
SALIM, Mazhar→
Activedirector · ~57y · appointed 2006-07-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
16
Outstanding
2
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland | A registered charge | 1 property | 13/02/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/01/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/01/2016 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 28/01/2016 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/01/2016 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/01/2016 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/01/2016 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 18/12/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 13/11/2015 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 08/07/2009 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 11/12/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 04/04/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 21/03/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/12/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 05/01/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/11/2006 | — |
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
2026-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-04
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2023-05-11