PODLAND LTD

💤Zombieactive
SC492392 · ltd · incorporated 2014-12-01
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
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. 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 (38/100).

🏦

Refinance opportunity

2 live charges · oldest 11.2y

45/100
under pressure

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

  • · Oldest live charge is 11.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (60/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-11-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-09-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-12-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-11-30
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2024-10-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-02-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-01-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2023-11-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-04-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-04-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2023-02-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-12-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-10-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  15. 2022-09-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-06-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2021-06-18
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  18. 2021-04-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2020-12-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2015-10-29
    🔓
    Charge satisfied #2
  21. 2015-10-29
    🔓
    Charge satisfied #1
  22. 2015-03-20
    🔒
    Charge registered #2
    Lender: Fortis Developments LTD
  23. 2015-03-20
    🔒
    Charge registered #1
    Lender: Fortis Developments LTD
  24. 2014-12-01
    🏢
    Company incorporated
    As PODLAND LTD
  25. 2014-12-01
    GARCIA, David 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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2016-09-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Garcia
Individual · British · DOB 05/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated2014-12-01
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

196 Rose Street
Office 210
Edinburgh
EH2 4AT

Filing status

Accounts
Next due: 2016-09-01OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (1 active · 0 resigned)

GARCIA, David
director · ~52y · appointed 2014-12-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Fortis Developments
Fortis Developments LTD
A registered charge1 property20/03/201529/10/2015
satisfied
Fortis Developments
Fortis Developments LTD
A registered charge1 property20/03/201529/10/2015

Recent filings (46 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-14
gazette-notice-compulsory
gazette · GAZ1
2025-09-02
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-11-30
gazette-notice-compulsory
gazette · GAZ1
2024-10-15
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-01-16
gazette-notice-compulsory
gazette · GAZ1
2023-11-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-04-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-04-05