FOUR SEASONS REAL ESTATES LIMITED

🌳Matureactive
SC538507 · ltd · incorporated 2016-06-21
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Lifecycle stage: established → mature
  • · Distress / opportunity: avoid → attractive
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Lifecycle stage: establishedmature
  • ·Distress / opportunity: avoidattractive
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£775.4k
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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

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. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

82 live charges · 6 lenders · oldest 9.1y

15/100
under pressure

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

  • · Oldest live charge is 9.1 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (90/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
82 charges (82/82 with lender, 82/82 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
192 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
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 · FRS 102
Positive net assets
Net assets £775,429
Very low cash
Cash position: £41
Net assets shrinking
Down £89,180 YoY
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£41
↓ 77% YoY
Net Worth
£775k
↓ 10% YoY
Current Assets
£1.5m
↑ 16% YoY
Current Liabilities
£0£294k£587k£881k£1.2m£1.5mMay 2023May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-312023-05-31
Total assets£5.04M£5.25M£4.45M
Current assets£1.47M£1.27M£781.1k
Cash£41£175£39.9k
Debtors£1.47M£1.27M£741.2k
Net assets£775.4k£864.6k£895.0k

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 address
Counts from Companies House filing history.
Corporate timeline (177 events)Click to expand
  1. 2026-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-11-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-11-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2025-11-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-10-31
    🔒
    Charge registered #82
    Lender: Allica Bank Limited
  7. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-11-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2023-11-16
    🔒
    Charge registered #81
    Lender: Shawbrook Bank Limited
  12. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2023-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2023-11-10
    🔓
    Charge satisfied #80
  26. 2023-11-10
    🔓
    Charge satisfied #79
  27. 2023-11-10
    🔓
    Charge satisfied #78
  28. 2023-11-10
    🔓
    Charge satisfied #77
  29. 2023-11-10
    🔓
    Charge satisfied #76
  30. 2023-11-10
    🔓
    Charge satisfied #75
  31. 2023-11-10
    🔓
    Charge satisfied #74
  32. 2023-11-10
    🔓
    Charge satisfied #73
  33. 2023-11-10
    🔓
    Charge satisfied #72
  34. 2023-11-10
    🔓
    Charge satisfied #70
  35. 2023-11-10
    🔓
    Charge satisfied #69
  36. 2023-11-10
    🔓
    Charge satisfied #68
  37. 2023-11-10
    🔓
    Charge satisfied #67
  38. 2023-11-10
    🔓
    Charge satisfied #66
  39. 2023-11-10
    🔓
    Charge satisfied #65
  40. 2023-11-10
    🔓
    Charge satisfied #64
  41. 2023-11-10
    🔓
    Charge satisfied #63
  42. 2023-11-10
    🔓
    Charge satisfied #62
  43. 2023-11-10
    🔓
    Charge satisfied #61
  44. 2023-11-10
    🔓
    Charge satisfied #60
  45. 2023-11-10
    🔓
    Charge satisfied #59
  46. 2023-11-10
    🔓
    Charge satisfied #58
  47. 2023-11-10
    🔓
    Charge satisfied #57
  48. 2023-11-10
    🔓
    Charge satisfied #56
  49. 2023-11-10
    🔓
    Charge satisfied #55
  50. 2023-11-10
    🔓
    Charge satisfied #54
Showing most recent 50 of 177 events

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +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

41/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

12 live charges
low

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

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Dhami Property Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Hanslink Ltd
Corporate parent · holds 25-50% shares
significant stake
FOUR SEASONS REAL ESTATES LIMITED
This company · SC538507

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dhami Property Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting02/06/2021
Hanslink Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting02/06/2021
1 historic (ceased) PSC
  • Kingdom Holding Group Ltdceased 02/06/2021· 75-100% shares · 75-100% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2016-06-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Northgate Accounting Services Ltd
32 Houstoun Court
Johnstone
Renfrewshire
PA5 8DL
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (2 active · 0 resigned)

DHAMI, Satinder Singh, Dr
director · ~48y · appointed 2016-06-21
View their other companies + combined net worth →
Active
HANS, Jagdeep Singh, Dr
director · ~38y · appointed 2016-06-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

82
Total charges
12
Outstanding
2
Active lenders
Status:Lender:82 of 82 shown
TypeProperties
outstanding
Allica Bank
Allica Bank Limited
A registered charge2 properties31/10/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property16/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge2 properties09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202312/04/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge2 properties09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge2 properties09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property09/01/202310/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property12/12/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge2 properties12/10/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge3 properties12/10/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property12/10/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property12/10/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property12/10/202210/11/2023
satisfied
Spf Bridging
Spf Bridging LTD
A registered charge1 property22/09/202210/11/2023
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property21/03/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property28/02/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property23/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property23/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property23/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge2 properties12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge2 properties12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge2 properties12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge2 properties12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge2 properties12/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property02/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property02/06/202109/09/2022
satisfied
Santander
Santander UK PLC
A registered charge1 property02/06/202109/09/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties01/06/202007/06/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property15/02/201907/06/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property19/10/201807/06/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property31/05/201807/06/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property31/05/201807/06/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property31/05/201807/06/2021
satisfied
Wesleyan Bank
Wesleyan Bank Limited
A registered charge2 properties22/08/201707/06/2021
satisfied
Wesleyan Bank
Wesleyan Bank Limited
A registered charge28/06/201707/06/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (192 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-08
change-person-director-company-with-change-date
officers · CH01
2025-11-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-10
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-10
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-10