BDL PROPERTY MANAGEMENT LTD
🌳Matureactive
SC411725 · ltd · incorporated 2011-11-22
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£1.12M
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 67/100. 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. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
13 live charges · 6 lenders · oldest 14.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.0 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
62 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £1,121,623
Net assets shrinking
Down £217,690 YoY
Cash YoY
+3752%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£118k
↑ 3752% YoY
Net Worth
£1.1m
↓ 16% YoY
Current Assets
£779k
↑ 218% 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 | £3.29M | £2.94M |
| Current assets | £778.5k | £244.6k |
| Cash | £117.8k | £3.1k |
| Debtors | £660.7k | £241.5k |
| Net assets | £1.12M | £1.34M |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2025-12-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-06🔓Charge satisfied #13
- 2025-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-05🔒Charge registered #13Lender: Lowry Capital Limited
- 2025-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-25🔓Charge satisfied #5
- 2024-09-25🔓Charge satisfied #4
- 2024-08-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-06🔒Charge registered #12Lender: Allica Bank Limited
- 2024-08-02🔒Charge registered #11Lender: Allica Bank Limited
- 2024-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-06🔓Charge satisfied #10
- 2023-08-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-14🔓Charge satisfied #3
- 2023-08-14🔓Charge satisfied #2
- 2023-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-23🔓Charge satisfied #9
- 2018-11-23🔓Charge satisfied #6
- 2018-10-04🔒Charge registered #10Lender: Bank of Scotland PLC
- 2018-10-02🔓Charge satisfied #8
- 2018-10-02🔓Charge satisfied #1
- 2015-07-17🔓Charge satisfied #7
- 2015-07-15🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2015-07-10🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2013-10-21🔒Charge registered #7Lender: Bridging Loans Limited
- 2013-10-08🔒Charge registered #6Lender: Bridging Loans Limited
- 2013-04-22🔒Charge registered #5Lender: Bank of Scotland PLC
- 2013-04-10🔒Charge registered #4Lender: Bank of Scotland PLC
- 2013-01-11🔒Charge registered #3Lender: Glasgow City Heritage Trust
- 2012-04-16🔒Charge registered #2Lender: Bridging Loans Limited
- 2012-04-13🔒Charge registered #1Lender: Bridging Loans Limited
- 2011-11-22🏢Company incorporatedAs BDL PROPERTY MANAGEMENT LTD
- 2011-11-22➕KHANNA, Manish appointeddirector
- 2011-11-22➕PANDEY, Rajan appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Shine Property Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Shine Property Group Limited
Corporate parent · holds 75-100% shares
⬇
BDL PROPERTY MANAGEMENT LTD
This company · SC411725
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Shine Property Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 28/02/2017 |
2 historic (ceased) PSCs
- Mr Manish Khannaceased 28/02/2017· 25-50% shares · 25-50% voting
- Mr Rajan Pandeyceased 28/02/2017· 25-50% shares · 25-50% voting
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 |
|---|---|---|---|---|---|---|---|
| BCT ALLIANCE LTD→ SC745057 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BEACON LETS LIMITED→ SC624622 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BEAT HOLLOW LIMITED→ SC727276 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BEATTIE ASSETS LTD→ SC764469 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BEAUTIFUL ROCK LIMITED→ SC651654 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BELGATE (DUNFERMLINE) LIMITED→ SC835085 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BELL DEVELOPMENTS (SCOTLAND) LIMITED→ SC113130 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| BELLAME SM LIMITED→ SC740404 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELLCOVE LIMITED→ SC504444 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BENBOW PROPERTIES LIMITED→ SC528482 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BENZIE & CO. LIMITED→ SC826118 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BESPOKE SALES & LETTINGS LTD→ SC833909 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-11-22
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Radleigh House 1 Golf Road
Clarkston
Glasgow
G76 7HU
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (2 active · 0 resigned)
KHANNA, Manish→
Activedirector · ~40y · appointed 2011-11-22
View their other companies + combined net worth →
PANDEY, Rajan→
Activedirector · ~46y · appointed 2011-11-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
2
Outstanding
1
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lowry Capital Lowry Capital Limited | A registered charge | 1 property | 05/05/2025 | 06/12/2025 | |
| outstanding | Allica Bank Allica Bank Limited | A registered charge | 5 properties | 06/08/2024 | — | |
| outstanding | Allica Bank Allica Bank Limited | A registered charge | — | 02/08/2024 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/10/2018 | 06/12/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 15/07/2015 | 23/11/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 10/07/2015 | 02/10/2018 | |
| satisfied | Bridging Loans Bridging Loans Limited | A registered charge | 1 property | 21/10/2013 | 17/07/2015 | |
| satisfied | Bridging Loans Bridging Loans Limited | A registered charge | 1 property | 08/10/2013 | 23/11/2018 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 22/04/2013 | 25/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/04/2013 | 25/09/2024 | |
| satisfied | Glasgow City Heritage Trust | Standard security | 1 property | 11/01/2013 | 14/08/2023 | |
| satisfied | Bridging Loans Bridging Loans Limited | Standard security | 1 property | 16/04/2012 | 14/08/2023 | |
| satisfied | Bridging Loans Bridging Loans Limited | Bond & floating charge | 1 property | 13/04/2012 | 02/10/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (62 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-08
change-person-director-company-with-change-date
officers · CH01
2024-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-14