TLS PROPERTIES (MORAY) LTD
Opportunity 69/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £149.7k | £129.8k |
| Current assets | £14.9k | £12.3k |
| Cash | £14.3k | £11.6k |
| Debtors | £630 | £654 |
| Net assets | £136.2k | £116.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (16 events)Click to expand
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-18🏢Company incorporatedAs TLS PROPERTIES (MORAY) LTD
- 2014-06-18➕SMITH, Lynn appointeddirector
- 2014-06-18➕SMITH, Trevor appointeddirector
- 2014-06-18📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lynn Smith Individual · British · DOB 09/1968 · age 58 | 25–50% | — | 25-50% shares | 01/07/2016 |
Mr Trevor Smith Individual · British · DOB 10/1966 · age 60 | 25–50% | — | 25-50% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SARIAN PROPERTY LTD→ SC823824 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SCOT LAND AND HOMES LTD→ SC808882 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SHARIS INVESTMENT LTD→ SC739878 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SKYE DEVELOPMENTS LIMITED→ SC225921 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| STUARTS COTTAGES LTD→ SC868383 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SUMMER SKYE PROPERTY LTD→ SC844498 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| T3AS PROPERTY LIMITED→ SC767629 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TOPPO PROPERTIES LTD→ SC770410 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TORRIESTON PROPERTY LTD→ SC607602 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| TRAMAR PROPERTY LTD→ SC683583 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| TRB ALEXANDRIA LANE LIMITED→ SC693986 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| TULLOCH PROPERTY LTD→ SC777062 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.