BG PROPERTIES (SCOTLAND) LIMITED
💤Zombieactive
SC565856 · ltd · incorporated 2017-05-13
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 May 2025
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
13 live charges · 5 lenders · oldest 8.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · 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
13 charges (13/13 with lender, 13/13 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
4 connected companies via shared directors
57
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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.
🔒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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-12🔒Charge registered #13Lender: Paragon Bank PLC
- 2025-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-01🔒Charge registered #12Lender: Paragon Bank PLC
- 2024-12-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-28🔒Charge registered #11Lender: Paragon Bank PLC
- 2024-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-28🔒Charge registered #10Lender: Paragon Bank PLC
- 2024-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-01🔒Charge registered #9Lender: The Mortgage Works (UK) PLC
- 2023-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-25🔒Charge registered #8Lender: The Mortgage Works (UK) PLC
- 2023-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-18🔒Charge registered #7Lender: The Mortgage Works (UK) PLC
- 2022-11-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-18🔒Charge registered #6Lender: The Mortgage Works (UK) PLC
- 2022-10-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-15🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2022-06-13📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2022-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-28🔒Charge registered #4Lender: Shawbrook Bank Limited
- 2021-06-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-16🔒Charge registered #3Lender: Onesavings Bank PLC
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-12🔒Charge registered #1Lender: Aldermore Bank PLC
- 2018-04-05🔒Charge registered #2Lender: Aldermore Bank PLC
- 2017-05-13🏢Company incorporatedAs BG PROPERTIES (SCOTLAND) LIMITED
- 2017-05-13➕GUL, Baris appointeddirector
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
1 low13 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 Baris Gul Individual · British · DOB 12/1989 · age 37 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/05/2017 |
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 →Similar companies
Active · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AB PROPERTIES LTD→ SC846455 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB&MB PROPERTIES LTD→ SC841515 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRUMLEY BRAE LIMITED→ SC030114 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| BUNCHREW ESTATE COMPANY LIMITED→ SC115393 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| C & P PROPERTY LETS LTD→ SC835663 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CCL REAL ESTATE LIMITED→ SC777122 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CENTRETIDE LIMITED→ SC426299 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CF NORTH LIMITED→ SC877446 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COILTIE LETTINGS LTD→ SC883365 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COILTY LEISURE AND RECREATION LIMITED→ SC090699 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| COIRE BEAG LTD→ SC702608 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COLMUR LIMITED→ SC146799 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
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
Incorporated2017-05-13
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
23 Commerce Street
Elgin
Morayshire
IV30 1BS
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12
Officers (1 active · 0 resigned)
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
13
Outstanding
5
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 12/04/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 01/02/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 28/11/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 28/06/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 01/03/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 25/01/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/01/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/11/2022 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 15/07/2022 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 28/07/2021 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 16/06/2021 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 12/04/2018 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | — | 05/04/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-22