SOLID ASSET PROPERTIES LTD
🏛️Establishedactive
SC552923 · ltd · incorporated 2016-12-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
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
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. 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 (65/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-04-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-08-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-12-19🏢Company incorporatedAs SOLID ASSET PROPERTIES LTD
- 2016-12-19➕MICHEL, Jane Pamela appointeddirector
- 2016-12-19➕MICHEL, Murray appointeddirector
- 2016-12-19➕MICHEL, Sarah Elizabeth appointeddirector
- 2016-12-19➕MICHEL, Timothy Ian 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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
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 Timothy Ian Michel Individual · British · DOB 08/1949 · age 77 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/12/2016 |
Mrs Jane Pamela Michel Individual · British · DOB 05/1950 · age 76 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| SECOND COAST LIMITED→ SC681818 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SMURRANLEY INVESTMENTS LTD→ SC713971 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SPROG HOLDINGS LTD→ SC835035 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STRATHALLAN PROPERTIES LTD→ SC711443 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TAYLET LTD→ SC831323 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE CAIRN PARTNERSHIP LIMITED→ SC286211 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| THE LIME BLUE PROPERTY COMPANY LTD→ SC703220 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TOPSAIL LIMITED→ SC301388 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| TRAMPS LIKE US LTD→ SC858533 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TREND PROPERTIES AND INTERIORS LTD→ SC440630 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| TRESCORP LIMITED→ SC111612 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| TSHAKOOR PROPERTIES LTD→ SC748968 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2016-12-19
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Foothills Perth Road
Abernethy
Perth
PH2 9LW
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (4 active · 0 resigned)
MICHEL, Jane Pamela→
Activedirector · ~76y · appointed 2016-12-19
View their other companies + combined net worth →
MICHEL, Murray→
Activedirector · ~49y · appointed 2016-12-19
View their other companies + combined net worth →
MICHEL, Sarah Elizabeth→
Activedirector · ~48y · appointed 2016-12-19
View their other companies + combined net worth →
MICHEL, Timothy Ian→
Activedirector · ~77y · appointed 2016-12-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (26 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-dormant
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-dormant
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-dormant
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-28
accounts-with-accounts-type-dormant
accounts · AA
2022-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-22
change-person-director-company-with-change-date
officers · CH01
2021-12-22
change-person-director-company-with-change-date
officers · CH01
2021-12-22
accounts-with-accounts-type-dormant
accounts · AA
2021-08-18