PROPERTY PLUS EU LTD

💤Zombieactive

SC363998 · ltd · incorporated 2009-08-14

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 Aug 2024

Net worth

£2.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Management of real estate on a fee or contract basis

Sector: Real estate

Investor take

Pursue

Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

38 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

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,614

Net assets shrinking

Down £84 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3k

↓ 3.1% YoY

Current Assets

£8k

↑ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-08-31	2023-08-31
Total assets	£8.2k	£6.2k
Current assets	£8.3k	£6.2k
Net assets	£2.6k	£2.7k

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 (17 events)Click to expand

2025-09-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-15
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2018-05-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-08-23
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-05-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-08-14
🏢
Company incorporated
As PROPERTY PLUS EU LTD
2009-08-14
➕
KHOKHAR, Nisar Alam appointed
director

Owner dependency

100/100

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 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.
+No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

98/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Nisar Alam Khokhar Individual · British · DOB 10/1954 · age 72	—	—	sig. influencesignificant influence	11/08/2016

1 historic (ceased) PSC

Mr Nisar Alam Khokharceased 26/09/2017· significant influence

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
BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974	£117.8k £100.1k–£135.5k	—	£117.8k	—	52y	83	59y
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
HOWE STREET PROPERTIES LIMITED→ SC435893 · est 2012	—	£24.9k	—	0	13y	84	65y
ROSS & LIDDELL LIMITED→ SC097770 · est 1986	—	—	—	100	40y	84	60y
AEROBLUE LIMITED→ SC185922 · est 1998 · no financials extracted	—	—	—	—	28y	83	73y
BALMORE ESTATES LIMITED→ SC435326 · est 2012	—	—	—	300	13y	83	60y
BEARSDEN SOLUTIONS LTD→ SC394655 · est 2011	—	—	—	100	15y	83	60y
BROOMPARK DEVELOPMENTS LIMITED→ SC156310 · est 1995 · no financials extracted	—	—	—	—	31y	83	85y
YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2009-08-14

Jurisdictionscotland

Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

180 West Regent Street

Glasgow

G2 4RW

Scotland

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-08-28

Last: 2025-08-14

Officers (1 active · 0 resigned)

KHOKHAR, Nisar Alam→

director · ~72y · appointed 2009-08-14

View their other companies + combined net worth →

Active

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

Recent filings (38 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-25

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-09-18