AVANTI COMMERCIAL PROPERTIES LTD

💤Zombieactive
SC489862 · ltd · incorporated 2014-10-27
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
£-326.1k
book net assets
Opportunity
69/100
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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 57/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 10.4y

15/100
under pressure

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

  • · Oldest live charge is 10.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · 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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 £326,116

Key financials

2 years extracted from filed iXBRL accounts
Cash
£101k
Net Worth
-£326k
Current Assets
£3.5m
Current Liabilities
-£326k£448k£1.2m£2.0m£2.8m£3.5mDec 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
Total assets£4.54M
Current assets£3.54M
Cash£100.5k
Debtors£3.44M
Net assets£-326.1k

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

🔒Filing-note intelligence

3 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
4
filings
  • 4 mortgage
Last 180 days
4
filings
  • 4 mortgage
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-03-04
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  4. 2026-02-28
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2026-02-23
    🔒
    Charge registered #8
    Lender: Together Commercial Finance Limited
  6. 2026-02-23
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  7. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-07-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2025-06-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-06-04
    🔒
    Charge registered #6
    Lender: Reward Finance Group Limited
  11. 2025-05-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-05-07
    🔒
    Charge registered #5
    Lender: Reward Finance Group Limited
  13. 2025-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2025-04-01
    🔒
    Charge registered #4
    Lender: Reward Finance Group Limited
  15. 2024-09-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2024-09-18
    🔒
    Charge registered #3
    Lender: Avanti Commercial Properties LTD
  17. 2024-09-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-09-05
    🔒
    Charge registered #2
    Lender: Reward Finance Group Limited
  19. 2024-07-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2024-05-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2024-05-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2024-03-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  23. 2024-03-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2024-03-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  25. 2024-03-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  26. 2024-03-18
    ATWAL, Narinder Singh resigned
    secretary
  27. 2023-10-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2022-11-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  29. 2021-08-12
    🔓
    Charge satisfied #1
  30. 2015-11-17
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  31. 2014-10-27
    🏢
    Company incorporated
    As AVANTI COMMERCIAL PROPERTIES LTD
  32. 2014-10-27
    ATWAL, Harjinder Singh appointed
    director
  33. 2014-10-27
    ATWAL, Narinder Singh appointed
    secretary

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

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-02-23: A registered charge; 2026-02-23: A registered charge; 2025-06-04: A registered charge

7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Icon Brands (Global) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Icon Brands (Global) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
AVANTI COMMERCIAL PROPERTIES LTD
This company · SC489862

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%
NameSharesVoting rightsNature of controlNotified
Icon Brands (Global) Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/05/2024
3 historic (ceased) PSCs
  • Nalmond Ltdceased 10/05/2024· 75-100% shares
  • Mr Harjinder Singh Atwalceased 09/04/2019· 50-75% shares
  • Narinder Singh Atwalceased 09/04/2019· 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

9 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
Incorporated2014-10-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

108/1 George Street
Edinburgh
EH2 4LH

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21

Officers (1 active · 1 resigned)

ATWAL, Harjinder Singh
director · ~53y · appointed 2014-10-27
View their other companies + combined net worth →
Active
ATWAL, Narinder Singh
secretary · appointed 2014-10-27 · resigned 2024-03-18
Resigned

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

Mortgages & charges

8
Total charges
7
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property23/02/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge23/02/2026
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property04/06/2025
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property07/05/2025
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property01/04/2025
outstanding
Avanti Commercial Properties
Avanti Commercial Properties LTD
A registered charge1 property18/09/2024
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property05/09/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge17/11/201512/08/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-03-04
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-09
accounts-with-accounts-type-dormant
accounts · AA
2024-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30