FASQUE CASTLE LIMITED
🏛️Establishedactive
SC569888 · ltd · incorporated 2017-06-28
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 Apr 2025
Net worth
£-898.0k
book net assets
Opportunity
76/100
Strong
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 active trading company — structural issues outweigh the discount.
Opportunity 76/100 (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 (73/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £898,049
Cash YoY
+781%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£34k
↑ 781% YoY
Net Worth
-£898k
↓ 43% YoY
Current Assets
£663k
↓ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-882.3k | £-609.9k |
| Current assets | £663.3k | £742.8k |
| Cash | £34.0k | £3.9k |
| Debtors | £629.3k | £738.9k |
| Net assets | £-898.0k | £-629.1k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-06-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-10📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-05-30📄gazette-notice-compulsorygazette · GAZ1
- 2022-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-06-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-05-31📄gazette-notice-compulsorygazette · GAZ1
- 2022-03-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-04➕DICK REID, Douglas Andrew Bonar appointeddirector
- 2017-06-28🏢Company incorporatedAs FASQUE CASTLE LIMITED
- 2017-06-28➕KATSAITAS, Leonidas appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Fasque House Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Fasque House Properties Ltd
Corporate parent · holds 75-100% shares
⬇
FASQUE CASTLE LIMITED
This company · SC569888
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Fasque House Properties Ltd Corporate entity | 75–100% | — | 75-100% shares | 24/04/2019 |
2 historic (ceased) PSCs
- Leonidas Katsaitisceased 24/04/2019· 25-50% shares · 25-50% voting
- Poccs Holding Saceased 11/05/2018· 25-50% shares · 25-50% 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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DISCOVERY DWELLINGS LTD→ SC855000 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EDM PROPERTY MANAGEMENT LTD→ SC752444 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ELABOR LIMITED→ SC555871 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| EXTEND ESTATES LIMITED→ SC212020 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| F&M PROPERTY (DUNDEE) LTD→ SC467979 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| FIELDSTREAM LIMITED→ SC169444 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| FINE NEST PROPERTY MANAGEMENT LTD→ SC722248 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FJE PROPERTY INVESTMENTS LIMITED→ SC223111 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| FOCALSTREAM LIMITED→ SC369889 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| FORFAR ATHLETIC 2016 LIMITED→ SC525242 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| FORGAN PROPERTY COMPANY LIMITED→ SC690485 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| FORMOSA DEVELOPMENTS LIMITED→ SC514074 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2017-06-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Stewart & Co, Suite 11 Castlecroft Business Centre
Tom Johnston Road
Dundee
DD4 8XD
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27
Officers (2 active · 0 resigned)
DICK REID, Douglas Andrew Bonar→
Activedirector · ~62y · appointed 2020-06-04
View their other companies + combined net worth →
KATSAITAS, Leonidas→
Activedirector · ~64y · appointed 2017-06-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-16
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-06-10
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-20