SPB PROPERTY LTD

💤Zombieactive
SC534747 · ltd · incorporated 2016-05-06
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 May 2025
Net worth
£-58.7k
book net assets
Opportunity
64/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68310Real estate agencies
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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
28 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £58,715

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
Net Worth
-£59k
↓ 44% YoY
Current Assets
£3k
Current Liabilities
-£59k-£46k-£34k-£22k-£9k£3kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£-58.7k£-40.9k
Current assets£3.1k
Cash£3.1k
Net assets£-58.7k£-40.9k

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
3
filings
  • 2 address
  • 1 persons-with-significant-control
Last 90 days
4
filings
  • 2 address
  • 1 persons-with-significant-control
  • 1 accounts
Last 180 days
4
filings
  • 2 address
  • 1 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-05-05
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  3. 2026-05-05
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  4. 2026-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-07-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-07-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-05-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-10-05
    HERD, David Norval resigned
    secretary
  9. 2024-10-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-05-17
    HERD, David Norval appointed
    secretary
  14. 2021-05-17
    HERD, David Norval resigned
    director
  15. 2021-05-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2021-05-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-05-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2016-05-06
    🏢
    Company incorporated
    As SPB PROPERTY LTD
  22. 2016-05-06
    STEWART, Dylan appointed
    director
  23. 2016-05-06
    HERD, David Norval appointed
    director

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

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 · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-14

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Dylan Stewart
Individual · British · DOB 04/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting06/05/2016
1 historic (ceased) PSC
  • David Norval Herdceased 17/05/2021· 25-50% shares · 25-50% voting

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
TMKP PROPERTIES LTD
SC777849 · est 2023 · no financials extracted
2y
TOKA REALTY LIMITED
SC868665 · est 2025 · no financials extracted
TOP FLOOR STUDIOS LTD
SC825558 · est 2024 · no financials extracted
1y
TOTES PROPERTIES LTD
SC843523 · est 2025 · no financials extracted
1y
TOTEX REAL ESTATE LIMITED
SC876329 · est 2026 · no financials extracted
TOTLEYWELLS LTD
SC733419 · est 2022 · no financials extracted
3y
TOURIST SERVICES (EDINBURGH) LIMITED
SC069067 · est 1979 · no financials extracted
46y
TOWN AND GOWN PROPERTY LIMITED
SC775577 · est 2023 · no financials extracted
2y
TOWNHOUSE LETTING SERVICES LIMITED
SC516951 · est 2015 · no financials extracted
10y
TRAININGCREST LTD
SC622242 · est 2019 · no financials extracted
7y
TRANSCAL PROPERTIES LIMITED
SC339568 · est 2008 · no financials extracted
18y
TRANSPARENTLY.INVEST LIMITED
SC738089 · est 2022 · no financials extracted
3y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2016-05-06
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

SC534747 - COMPANIES HOUSE DEFAULT ADDRESS
Edinburgh
EH7 9HR

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-14OVERDUE
Last: 2025-04-30

Officers (1 active · 2 resigned)

STEWART, Dylan
director · ~46y · appointed 2016-05-06
View their other companies + combined net worth →
Active
HERD, David Norval
secretary · appointed 2021-05-17 · resigned 2024-10-05
Resigned
HERD, David Norval
director · ~80y · appointed 2016-05-06 · resigned 2021-05-17
Resigned

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

Recent filings (28 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-06
default-companies-house-registered-office-address-applied
address · RP05
2026-05-05
default-companies-house-service-address-applied-officer
address · RP09
2026-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-23
gazette-notice-compulsory
gazette · GAZ1
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-02
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30