PARK PROPERTY MANAGEMENT LTD

💤Zombieactive
SC413993 · ltd · incorporated 2012-01-05
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 Jun 2025
Net worth
£-216.3k
book net assets
Opportunity
75/100
Strong
🔔
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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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £216,314
Cash YoY
+534%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£69k
↑ 534% YoY
Net Worth
-£216k
↓ 3.2% YoY
Current Assets
£82k
↑ 399% YoY
Current Liabilities
—
-£216k-£157k-£97k-£37k£22k£82kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£999.5k£1.08M
Current assets£81.9k£16.4k
Cash£69.4k£10.9k
Debtors£12.5k£5.5k
Net assets£-216.3k£-209.6k

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • • 1 address
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-25
    ➖
    ADAMS, Laine resigned
    director
  6. 2024-03-25
    ➖
    MCCUBBINE, Thomas resigned
    director
  7. 2024-03-25
    ➖
    SIMS, Aishling resigned
    director
  8. 2024-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2022-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2020-09-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2020-09-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-09-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  23. 2020-03-01
    ➕
    ADAMS, Laine appointed
    director
  24. 2020-03-01
    ➕
    MCCUBBINE, Thomas appointed
    director
  25. 2020-03-01
    ➕
    SIMS, Aishling appointed
    director
  26. 2016-10-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 2012-01-05
    🏢
    Company incorporated
    As PARK PROPERTY MANAGEMENT LTD
  28. 2012-01-05
    ➕
    MCDERMOTT, Paul appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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 14 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Michael Mcdermott
Individual · British · DOB 09/1969 · age 57
50–75%
50–75%50-75% shares · 50-75% voting31/08/2016
Mrs Wilma Isla Mcdermott
Individual · British · DOB 02/1979 · age 47
25–50%
25–50%25-50% shares · 25-50% voting26/06/2022
1 historic (ceased) PSC
  • Mrs Wilma Isla Mcdermottceased 27/06/2018· 25-50% shares

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 →

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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
Incorporated2012-01-05
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

8 Seaward Place
Glasgow
G41 1HH
Scotland

Filing status

Accounts
Next due: 2027-03-25
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (1 active · 3 resigned)

MCDERMOTT, Paul→
director · ~57y · appointed 2012-01-05
View their other companies + combined net worth →
Active
ADAMS, Laine→
director · ~48y · appointed 2020-03-01 · resigned 2024-03-25
Resigned
MCCUBBINE, Thomas→
director · ~41y · appointed 2020-03-01 · resigned 2024-03-25
Resigned
SIMS, Aishling→
director · ~42y · appointed 2020-03-01 · resigned 2024-03-25
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—12/10/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-22
termination-director-company-with-name-termination-date
officers · TM01
2024-03-25
termination-director-company-with-name-termination-date
officers · TM01
2024-03-25
termination-director-company-with-name-termination-date
officers · TM01
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-05