TOUGH PROPERTY LIMITED
🌳Matureactive
SC511415 · ltd · incorporated 2015-07-23
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 9.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£618.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 62-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 9.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
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 →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £618,346
Key financials
1 year extracted from filed iXBRL accountsCash
£22k
Net Worth
£618k
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 |
|---|---|
| Total assets | £618.3k |
| Cash | £21.9k |
| Net assets | £618.3k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-27🔓Charge satisfied #2
- 2024-03-27🔓Charge satisfied #1
- 2023-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-19🔓Charge satisfied #3
- 2022-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-06-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-02-21🔒Charge registered #3Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-01-19🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2016-09-02🔒Charge registered #1Lender: Glasgow City Council
- 2015-07-23🏢Company incorporatedAs TOUGH PROPERTY LIMITED
- 2015-07-23➕DUNCAN, George Alexander appointeddirector
- 2015-07-23➕LEISHMAN, Robert Dunsmore appointeddirector
- 2015-07-23➕MACKENZIE, Kenneth appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Alexander Duncan Individual · British · DOB 07/1964 · age 62 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Robert Dunsmore Leishman Individual · British · DOB 01/1965 · age 61 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Kenneth Mackenzie Individual · British · DOB 05/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| WOODLANDS TRADING ESTATE LIMITED→ SC869169 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WOODRANGLE HOLDINGS LTD→ SC855811 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WRIGHT PROP LIMITED→ SC708884 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| XSTS&CO LTD→ SC678868 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| XYA LTD→ SC633988 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| YASHASVI ENTERPRISE LTD→ SC794958 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| YATES HELLIER (HYNDLAND) LIMITED→ SC815380 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| YCJB PROPERTY LTD→ SC833330 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ZAIN LEASE HOLDING COMPANY LTD→ SC821115 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ZAKIR DYNAMICS LTD→ SC742089 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2015-07-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
100 Dalsetter Avenue
Glasgow
G15 8TE
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22
Officers (3 active · 0 resigned)
DUNCAN, George Alexander→
Activedirector · ~62y · appointed 2015-07-23
View their other companies + combined net worth →
LEISHMAN, Robert Dunsmore→
Activedirector · ~61y · appointed 2015-07-23
View their other companies + combined net worth →
MACKENZIE, Kenneth→
Activedirector · ~60y · appointed 2015-07-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 21/02/2017 | 19/01/2023 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 19/01/2017 | 27/03/2024 | |
| satisfied | Glasgow City Council | A registered charge | 1 property | 02/09/2016 | 27/03/2024 |
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-27
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-05