KNOCKDOW ESTATES MANAGEMENT LTD

🏛️Establishedactive
SC578854 · ltd · incorporated 2017-10-13
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 Oct 2024
Net worth
£-7.31M
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 03120
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 56210Event catering activities
  • 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), 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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £7,306,437
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£7.3m
↓ 4.8% YoY
Current Assets
£84k
↓ 20% YoY
Current Liabilities
-£7.3m-£5.8m-£4.3m-£2.9m-£1.4m£105kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£274.3k£343.9k
Current assets£84.2k£105.2k
Net assets£-7.31M£-6.97M

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-12
    BARTULS, Janis appointed
    director
  11. 2017-12-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-10-13
    🏢
    Company incorporated
    As KNOCKDOW ESTATES MANAGEMENT LTD
  13. 2017-10-13
    KRUMINS, Maris appointed
    director
  14. 2017-10-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material 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.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Maris Krumins
Individual · Latvian · DOB 05/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/10/2017

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

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
Incorporated2017-10-13
Jurisdictionscotland
Primary SIC03120 — SIC 03120

Registered office

Knockdow House
Toward
Dunoon
PA23 7UL
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12

Officers (2 active · 0 resigned)

BARTULS, Janis
director · ~50y · appointed 2017-12-12
View their other companies + combined net worth →
Active
KRUMINS, Maris
director · ~48y · appointed 2017-10-13
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-14
change-person-director-company-with-change-date
officers · CH01
2025-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-29