INNOVATION PROPERTIES LIMITED

🌳Matureactive

SC312436 · ltd · incorporated 2006-11-23

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£444.7k

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 18.5y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 18.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

10 officers (5 active, 10 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £444,660

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£445k

↑ 29% YoY

Current Assets

£27k

↓ 78% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Total assets	£444.7k	£555.8k
Current assets	£26.9k	£120.5k
Net assets	£444.7k	£345.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2025-09-12
➕
TAYLOR, Susan appointed
secretary
2025-09-12
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-08-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
➕
SHARMA, Monica appointed
director
2023-11-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-15
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-10-25
📄
gazette-notice-compulsory
gazette · GAZ1
2021-10-14
➕
KAUSHAL, Amit Rahul appointed
director
2021-10-14
➕
KAUSHAL, Brig appointed
director
2021-10-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-10-14
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-10
➖
SHARMA, Rajesh Kumar resigned
secretary
2021-10-10
➖
SHARMA, Rajesh Kumar resigned
director
2021-08-25
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-21
🔒
Charge registered #2
Lender: Bank of India
2020-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-10
➖
KAUSHAL, Amit Rahul resigned
director
2020-01-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-09-30
➕
KAUSHAL, Amit Rahul appointed
director
2007-11-29
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2006-11-23
🏢
Company incorporated
As INNOVATION PROPERTIES LIMITED
2006-11-23
➕
KAUSHAL, Amrit Paul appointed
director
2006-11-23
➕
SHARMA, Rajesh Kumar appointed
secretary
2006-11-23
➕
HCS SECRETARIAL LIMITED appointed
corporate-nominee-secretary
2006-11-23
➖
HCS SECRETARIAL LIMITED resigned
corporate-nominee-secretary
2006-11-23
➕
SHARMA, Rajesh Kumar appointed
director
2006-11-23
➕
HANOVER DIRECTORS LIMITED appointed
corporate-nominee-director
2006-11-23
➖
HANOVER DIRECTORS LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

Material 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.
+Founder age: Director aged approximately 86 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — KAUSHAL, Amit Rahul (same surname) appointed 2021-10-14. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Amrit Kaushal Individual · Indian · DOB 03/1940 · age 86	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	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 · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GANDER EQUITIES LIMITED→ SC038884 · est 1963	£5.39M £4.58M–£6.20M	—	£5.39M	—	62y	83	87y
DOMINPLAN PROPERTY CO. LIMITED→ SC039504 · est 1963	£1.92M £1.63M–£2.21M	—	£1.92M	—	62y	83	89y
CITYPROP INVESTMENTS LTD.→ SC157489 · est 1995	£927.3k £788.2k–£1.07M	—	£927.3k	—	31y	83	87y
CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008	£623.3k £529.8k–£716.8k	—	£623.3k	—	17y	83	70y
HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→ SC315228 · est 2007	£132.9k £113.0k–£152.9k	—	£132.9k	—	19y	83	68y
BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974	£117.8k £100.1k–£135.5k	—	£117.8k	—	52y	83	59y
GALEN PROPERTIES LTD→ SC283636 · est 2005	£64.1k £54.5k–£73.7k	—	£64.1k	—	21y	83	62y
LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003	£53.3k £45.3k–£61.3k	—	£53.3k	—	22y	83	70y
CAIRN LETTING LIMITED→ SC210819 · est 2000	£40.0k £34.0k–£46.0k	—	£40.0k	—	25y	83	58y
AR (WELLMEADOW) LTD→ SC393743 · est 2011	£5.0k £4.2k–£5.7k	—	£5.0k	—	15y	83	59y
AMBASSADOR REAL ESTATE INVESTMENTS LTD→ SC393740 · est 2011	£100 £85–£115	—	£100	—	15y	83	59y
H & C PROPERTY COMPANY LIMITED→ SC241958 · est 2003	—	£159.0k	—	0	23y	83	58y

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

Incorporated2006-11-23

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

14 Royal Terrace

Glasgow

G3 7NY

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-10-30

Last: 2025-10-16