TRESPASS RETAIL PROPERTIES LIMITED
🌳Matureactive
SC465265 · ltd · incorporated 2013-12-05
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (83/100)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
Confirmed no charges registered
85
Directors & officers
6 officers (5 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-07-02 |
|---|---|---|
| Average employees | 0 | 0 |
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
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-19➕KHUSHI, Omar Nadeem appointeddirector
- 2026-01-19➕KHUSHI, Waleed appointeddirector
- 2025-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-13➖KHUSHI, Usman resigneddirector
- 2024-03-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-18📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-21📄accounts-with-accounts-type-smallaccounts · AA
- 2020-03-25📄resolutionresolution · RESOLUTIONS
- 2020-02-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-02📄resolutionresolution · RESOLUTIONS
- 2019-03-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2013-12-05🏢Company incorporatedAs TRESPASS RETAIL PROPERTIES LIMITED
- 2013-12-05➕KHUSHI, Akmal appointedsecretary
- 2013-12-05➕KHUSHI, Afzal appointeddirector
- 2013-12-05➕KHUSHI, Akmal appointeddirector
- 2013-12-05➕KHUSHI, Usman 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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
33/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — KHUSHI, Omar Nadeem (same surname) appointed 2026-01-19. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Jacobs & Turner Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Jacobs & Turner Limited
Corporate parent · holds 75-100% shares
⬇
TRESPASS RETAIL PROPERTIES LIMITED
This company · SC465265
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 |
|---|---|---|---|---|
Jacobs & Turner Limited Corporate entity | 75–100% | — | 75-100% shares | 05/12/2016 |
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 |
|---|---|---|---|---|---|---|---|
| UVK GROUP LIMITED→ SC852428 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VALENTINE INVESTMENT PROPERTY LTD→ SC804333 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VAULT PROPERTY SERVICES LTD→ SC652365 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| VID ASSETS LTD→ SC644403 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| VINT ENTERPRISE LTD→ SC816810 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| VS.VICTORIOUS LIMITED→ SC823335 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| VSA HOMES LTD→ SC876464 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| VT PROP LTD→ SC835831 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| WATPRO LIMITED→ SC866318 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WATSON HALE LTD→ SC621929 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| WATT & CO PROPERTY MANAGEMENT LTD→ SC301087 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| WEALTHBRIDGE HOLDINGS LTD→ SC661775 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2013-12-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Vermont House 149 Vermont Street
Kinning Park
Glasgow
G41 1LU
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (5 active · 1 resigned)
Active
KHUSHI, Afzal→
Activedirector · ~71y · appointed 2013-12-05
View their other companies + combined net worth →
KHUSHI, Akmal→
Activedirector · ~70y · appointed 2013-12-05
View their other companies + combined net worth →
KHUSHI, Omar Nadeem→
Activedirector · ~31y · appointed 2026-01-19
View their other companies + combined net worth →
KHUSHI, Waleed→
Activedirector · ~35y · appointed 2026-01-19
View their other companies + combined net worth →
KHUSHI, Usman→
Resigneddirector · ~38y · appointed 2013-12-05 · resigned 2024-05-13
Click a director name to see their full track record across all companies.
Recent filings (34 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-23
appoint-person-director-company-with-name-date
officers · AP01
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-small
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
termination-director-company-with-name-termination-date
officers · TM01
2024-05-14
accounts-with-accounts-type-small
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-small
accounts · AA
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-small
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-small
accounts · AA
2021-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-16
resolution
resolution · RESOLUTIONS
2020-03-25