AK PROPERTIES (SCOTLAND) LIMITED
💤Zombieactive
SC551366 · ltd · incorporated 2016-11-29
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 Nov 2024
Net worth
£-74.0k
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
26 live charges · 3 lenders · oldest 7.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
26 charges (26/26 with lender, 26/26 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
2 connected companies via shared directors
51
Filing history
67 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
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £73,967
Net assets shrinking
Down £106,530 YoY
Cash YoY
+700%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£31k
↑ 700% YoY
Net Worth
-£74k
↓ 327% YoY
Current Assets
£32k
↑ 720% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £529.3k | £649.9k |
| Current assets | £31.7k | £3.9k |
| Cash | £30.9k | £3.9k |
| Debtors | £770 | — |
| Net assets | £-74.0k | £32.6k |
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
2
filings
- • 2 mortgage
Last 180 days
4
filings
- • 3 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (71 events)Click to expand
- 2026-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-19🔒Charge registered #25Lender: Redwood Bank Limited
- 2026-02-13🔒Charge registered #26Lender: Redwood Bank Limited
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-24🔒Charge registered #24Lender: Aldermore Bank PLC
- 2025-09-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-01🔓Charge satisfied #22
- 2025-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-21🔒Charge registered #23Lender: Aldermore Bank PLC
- 2025-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-04🔒Charge registered #22Lender: Aldermore Bank PLC
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-30🔒Charge registered #21Lender: Aldermore Bank PLC
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-06🔓Charge satisfied #20
- 2024-02-06🔓Charge satisfied #14
- 2023-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-21🔓Charge satisfied #19
- 2023-12-21🔓Charge satisfied #18
- 2023-12-21🔓Charge satisfied #17
- 2023-12-21🔓Charge satisfied #16
- 2023-12-21🔓Charge satisfied #15
- 2023-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-09🔓Charge satisfied #7
- 2023-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-07🔓Charge satisfied #4
- 2023-11-07🔓Charge satisfied #2
- 2023-10-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-26🔓Charge satisfied #1
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-24🔓Charge satisfied #3
- 2022-08-05🔓Charge satisfied #13
- 2022-08-05🔓Charge satisfied #12
- 2022-08-05🔓Charge satisfied #11
- 2022-06-27🔓Charge satisfied #9
- 2022-06-27🔓Charge satisfied #8
- 2022-06-27🔓Charge satisfied #6
- 2022-06-27🔓Charge satisfied #5
- 2022-06-10🔒Charge registered #20Lender: Aldermore Bank PLC
- 2022-06-10🔒Charge registered #19Lender: Aldermore Bank PLC
Showing most recent 50 of 71 events
Owner dependency
80/100
Critical — business is the founderThe 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 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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
2 med · 1 low5 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-02-19: A registered charge; 2026-02-13: A registered charge; 2025-10-24: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Aidan William King Individual · British · DOB 11/1994 · age 32 | 75–100% | — | 75-100% shares | 29/11/2016 |
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 |
|---|---|---|---|---|---|---|---|
| ALLAN PROPERTY LTD→ SC657444 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALO HOMES LIMITED→ SC748867 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AM PLUS LETTINGS LTD→ SC818783 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMIZ PROPERTIES LTD→ SC742333 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMOR CLOE PROPERTIES LTD→ SC809580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMS MANAGEMENT SERVICES LIMITED→ SC593932 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AN CALA PROPERTIES LIMITED→ SC819196 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANCHOR INDUSTRIAL HOLDINGS LIMITED→ SC881784 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AND ORR HOMES LTD→ SC700820 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANDEENA LTD→ SC848783 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANDERSON DOE PROPERTY LIMITED→ SC641112 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANDERSON HOTEL (2024) LTD→ SC818810 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2016-11-29
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
2nd Floor, 22-24 Blythswood Square
Glasgow
G2 4BG
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (1 active · 0 resigned)
KING, Aidan William→
Activedirector · ~32y · appointed 2016-11-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
26
Total charges
5
Outstanding
2
Active lenders
Status:Lender:26 of 26 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Redwood Bank Redwood Bank Limited | A registered charge | 6 properties | 19/02/2026 | — | |
| outstanding | Redwood Bank Redwood Bank Limited | A registered charge | — | 13/02/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 24/10/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 6 properties | 21/08/2025 | — | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 6 properties | 04/07/2025 | 01/09/2025 | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 30/10/2024 | — | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 06/02/2024 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 21/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 21/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 21/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 21/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 21/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/06/2022 | 06/02/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 15/05/2020 | 05/08/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 15/05/2020 | 05/08/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 15/05/2020 | 05/08/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/01/2019 | 17/10/2020 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/08/2018 | 27/06/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/08/2018 | 27/06/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/08/2018 | 09/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 20/08/2018 | 27/06/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/08/2018 | 27/06/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/08/2018 | 07/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/08/2018 | 24/04/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/08/2018 | 07/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 23/07/2018 | 26/10/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-21