BML PROPERTY SHETLAND LIMITED

💤Zombieactive
SC466426 · ltd · incorporated 2013-12-24
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 Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 74/100 (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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 7.7y

45/100
under pressure

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

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees200200

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-10-03
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2018-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-08-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2018-08-21
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  12. 2018-02-19
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  13. 2017-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-02-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2014-11-10
    ➕
    LAURENSON, Margaret Helen appointed
    secretary
  18. 2013-12-24
    🏢
    Company incorporated
    As BML PROPERTY SHETLAND LIMITED
  19. 2013-12-24
    ➕
    LAURENSON, Ben Anthony Harry appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 12 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
NameSharesVoting rightsNature of controlNotified
Mr Ben Anthony Harry Laurenson
Individual · British · DOB 04/1975 · age 51
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · ZE postcode area
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LEAGARTH ESTATES LIMITED→
SC032734 · est 1957
£555.6k
£472.3k–£639.0k
—£555.6k—68y8171y
M.I.A. (PROPERTIES) LIMITED→
SC233583 · est 2002
£69.5k
£59.1k–£80.0k
—£69.5k—23y8269y
EID DEVELOPMENTS LTD.→
SC274955 · est 2004
£59.0k
£50.1k–£67.8k
—£59.0k—21y8064y
G & E PROPERTIES (SHETLAND) LTD→
SC642636 · est 2019
£21.7k
£18.4k–£24.9k
—£21.7k—6y7959y
NORTHERN ROCK PROPERTIES LIMITED→
SC526769 · est 2016
£7.6k
£6.4k–£8.7k
—£7.6k—10y7858y
IRVINE ENTERPRISES SHETLAND LIMITED→
SC136867 · est 1992
———50034y8264y
DTM PROPERTY LETTING SERVICES LIMITED→
SC362655 · est 2009
———016y8066y
GLOBE BUTCHERS→
SC245569 · est 2003
———10023y8060y
ADAMSON BROS (SHETLAND) LIMITED→
SC143091 · est 1993
———10033y7973y
DERRYARKIN ASSET MGT LTD→
SC506541 · est 2015
———010y7959y
M & M JOHNSON INVESTMENTS LIMITED→
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———222y7965y
GARTH ESTATE LIMITED→
SC650045 · est 2019
———3006y7760y
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
Incorporated2013-12-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

St Clair Cottage Houl Road
Scalloway
Shetland
ZE1 0XA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-07
Last: 2025-12-24

Officers (2 active · 0 resigned)

LAURENSON, Margaret Helen→
secretary · appointed 2014-11-10
View their other companies + combined net worth →
Active
LAURENSON, Ben Anthony Harry→
director · ~51y · appointed 2013-12-24
View their other companies + combined net worth →
Active

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 charge1 property21/08/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-01-05