COSMOS PROPERTIES LIMITED
💤Zombieactive
SC309746 · ltd · incorporated 2006-10-06
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 Mar 2025
Net worth
£1.33M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 19.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 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
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,330,920
Net assets shrinking
Down £171,385 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£39k
Net Worth
£1.3m
↓ 11% YoY
Current Assets
£42k
↑ 2909% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.33M | £1.50M |
| Current assets | £42.1k | £1.4k |
| Cash | £39.3k | — |
| Debtors | £2.8k | £1.4k |
| Net assets | £1.33M | £1.50M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-21🔒Charge registered #7Lender: Barclays Security Trustee Limited
- 2020-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-09🔓Charge satisfied #1
- 2019-11-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-04-04➖KITSON, Mark Harford resigneddirector
- 2017-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-03🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2009-12-08➖COLVIN, Alan Douglas resigneddirector
- 2008-06-05🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2007-05-24🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2007-05-22🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2007-05-22🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-05-01🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-10-06🏢Company incorporatedAs COSMOS PROPERTIES LIMITED
- 2006-10-06➕KITSON, Mark appointedsecretary
- 2006-10-06➕KITSON, Mark John Harford appointeddirector
- 2006-10-06➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-10-06➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-10-06➕COLVIN, Alan Douglas appointeddirector
- 2006-10-06➕KITSON, Mark Harford appointeddirector
- 2006-10-06➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-10-06➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
85/100
Critical — business is the founderThe 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.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 20 years.
- 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 low6 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 Mark John Harford Kitson Individual · British · DOB 03/1970 · age 56 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Gillian Eilidh Kitson Individual · British · DOB 03/1969 · 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 · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CHAP PROPERTIES LTD→ SC666252 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CHEPSTOW (HOLDINGS) LIMITED→ SC386345 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CLARAWARA INVESTMENTS LIMITED→ SC333658 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| COATBANK BUSINESS CENTRE LIMITED→ SC414227 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CRAMARAND PROPERTY LIMITED→ SC666360 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CREATIVE HEADSPACE LTD→ SC596797 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DAB PROPERTY MANAGEMENT LTD→ SC873691 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DARJAY CONSULTANTS LIMITED→ SC040078 · est 1964 · no financials extracted | — | — | — | — | 62y | — | — |
| DEAN HJA PROPERTIES LTD→ SC882351 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DECLAN CHARLES BYRNE DEVELOPMENTS LTD→ SC754221 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| DEYAAR INVESTMENTS LTD→ SC823201 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DMFK PROPERTIES LIMITED→ SC744477 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2006-10-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
91 Alexander Street
Airdrie
ML6 0BD
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (2 active · 4 resigned)
Active
KITSON, Mark John Harford→
Activedirector · ~56y · appointed 2006-10-06
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-10-06 · resigned 2006-10-06
COLVIN, Alan Douglas→
Resigneddirector · ~65y · appointed 2006-10-06 · resigned 2009-12-08
KITSON, Mark Harford→
Resigneddirector · ~86y · appointed 2006-10-06 · resigned 2018-04-04
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-10-06 · resigned 2006-10-06
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
6
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 21/09/2021 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 03/09/2010 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 05/06/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/05/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/05/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/05/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 01/05/2007 | 09/06/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-06
mortgage-satisfy-charge-full
mortgage · MR04
2020-06-09