SRC PROPERTIES LTD
🏛️Establishedactive
SC536416 · ltd · incorporated 2016-05-25
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
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
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 3.4y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-24🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2023-01-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-14🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2022-09-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-19➕IMAM, Syed appointeddirector
- 2021-10-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-25🏢Company incorporatedAs SRC PROPERTIES LTD
- 2016-05-25➕RUSSELL, Syed Shafi Imam appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Syed Imam Individual · British · DOB 05/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/12/2021 |
Mr Syed Shafi Imam Russell Individual · British · DOB 01/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/05/2016 |
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 · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ROBBO PROP CO LTD→ SC694969 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| SCHIEHALLIONLODGE LTD→ SC858356 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SCORIA ESTATE LTD→ SC827555 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SECOND COAST LIMITED→ SC681818 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SMURRANLEY INVESTMENTS LTD→ SC713971 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SOLID ASSET PROPERTIES LTD→ SC552923 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SPROG HOLDINGS LTD→ SC835035 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SSE OWS GLASGOW LIMITED→ SC228283 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ST. JOHN'S HOLDINGS LIMITED→ SC545841 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| STANDCO LIMITED→ SC211193 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| STRATHALLAN PROPERTIES LTD→ SC711443 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| STREETFIELD PROPERTY COMPANY→ SC037525 · est 1962 · no financials extracted | — | — | — | — | 64y | — | — |
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
Incorporated2016-05-25
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Queen Anne House 111 High Street
2nd Floor
Fort William
PH33 6DG
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (2 active · 0 resigned)
Active
RUSSELL, Syed Shafi Imam→
Activedirector · ~49y · appointed 2016-05-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 24/02/2023 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 14/12/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (35 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
change-person-director-company-with-change-date
officers · CH01
2024-02-22
change-person-director-company-with-change-date
officers · CH01
2024-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-08
accounts-with-accounts-type-dormant
accounts · AA
2023-01-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-14