BHR HOMES LIMITED

💤Zombieactive
SC562506 · ltd · incorporated 2017-04-04
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
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Turnover
year to Apr 2025
Net worth
£-29.5k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. 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).

🏦

Refinance opportunity

2 live charges · oldest 8.5y

45/100
under pressure

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

  • · Oldest live charge is 8.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
2 charges (2/2 with lender, 2/2 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
5 connected companies via shared directors
60
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
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £29,529

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£30k
↓ 11% YoY
Current Assets
£71k
↑ 136% YoY
Current Liabilities
-£30k-£9k£11k£31k£51k£71kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£-29.5k£-26.6k
Current assets£71.2k£30.2k
Net assets£-29.5k£-26.6k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-23
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  6. 2022-11-22
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2022-05-20
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  8. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-04-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-03-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-08-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2019-08-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2019-08-30
    🔓
    Charge satisfied #2
  16. 2019-08-30
    🔓
    Charge satisfied #1
  17. 2019-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-10-27
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  19. 2017-10-25
    🔒
    Charge registered #1
    Lender: Close Brothers Limited
  20. 2017-04-04
    🏢
    Company incorporated
    As BHR HOMES LIMITED
  21. 2017-04-04
    INNES, Douglas Simon Alan appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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 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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Douglas Simon Alan Innes
Individual · British · DOB 02/1983 · age 43
75100%
board control75-100% shares · board control04/04/2017

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

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
Incorporated2017-04-04
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

18 Observatory Road
Edinburgh
EH9 3HE
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-17OVERDUE
Last: 2025-04-03

Officers (1 active · 0 resigned)

INNES, Douglas Simon Alan
director · ~43y · appointed 2017-04-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Close Brothers
Close Brothers Limited
A registered charge1 property27/10/201730/08/2019
satisfied
Close Brothers
Close Brothers Limited
A registered charge25/10/201730/08/2019

Recent filings (28 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-11-23
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-11-22
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-11
gazette-notice-compulsory
gazette · GAZ1
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30