PERTH PROPERTIES LIMITED

🏛️Establishedactive
SC585454 · ltd · incorporated 2018-01-11
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 Jan 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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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 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: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
41 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees4400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
2
filings
  • 1 confirmation-statement
  • 1 address
Last 180 days
11
filings
  • 4 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-04
    SIMPSON, Graeme Forbes resigned
    director
  3. 2025-12-04
    SIMPSON, Kenneth resigned
    director
  4. 2025-12-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-12-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-12-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-12-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2025-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-12-02
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2025-12-02
    📄
    memorandum-articles
    incorporation · MA
  12. 2025-11-28
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2024-12-11
    📄
    memorandum-articles
    incorporation · MA
  15. 2024-11-21
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  16. 2024-11-21
    📄
    legacy
    capital · SH20
  17. 2024-11-21
    ⚠️
    legacy
    insolvency · CAP-SS
  18. 2024-11-21
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2024-11-13
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2024-11-12
    📄
    capital-allotment-shares
    capital · SH01
  21. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2023-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2022-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-06-03
    FERGUSON, Lisa Jane appointed
    director
  25. 2018-01-11
    🏢
    Company incorporated
    As PERTH PROPERTIES LIMITED
  26. 2018-01-11
    FERGUSON, Jamie Alan appointed
    director
  27. 2018-01-11
    SIMPSON, Graeme Forbes appointed
    director
  28. 2018-01-11
    SIMPSON, Kenneth appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-11-21: legacy

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SIMPSON, Graeme Forbes resigned 2025-12-04; SIMPSON, Kenneth resigned 2025-12-04

Group structure

Taylet Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Taylet Ltd
Corporate parent · holds 75-100% shares
ultimate parent
PERTH PROPERTIES LIMITED
This company · SC585454

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%
NameSharesVoting rightsNature of controlNotified
Taylet Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting04/12/2025
6 historic (ceased) PSCs
  • Mr Graeme Forbes Simpsonceased 17/10/2024· significant influence
  • Mr Kenneth Simpsonceased 17/10/2024· significant influence
  • Mr Jamie Alan Fergusonceased 17/10/2024· significant influence
  • Mr Kenneth Simpsonceased 03/06/2019· 25-50% shares
  • Mr Graeme Forbes Simpsonceased 03/06/2019· 25-50% shares
  • Mr Jamie Alan Fergusonceased 03/06/2019· 25-50% shares

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
Incorporated2018-01-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

33 Athollbank Drive
Perth
PH1 1NF
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-24
Last: 2026-01-10

Officers (2 active · 2 resigned)

FERGUSON, Jamie Alan
director · ~49y · appointed 2018-01-11
View their other companies + combined net worth →
Active
FERGUSON, Lisa Jane
director · ~47y · appointed 2019-06-03
View their other companies + combined net worth →
Active
SIMPSON, Graeme Forbes
director · ~55y · appointed 2018-01-11 · resigned 2025-12-04
Resigned
SIMPSON, Kenneth
director · ~80y · appointed 2018-01-11 · resigned 2025-12-04
Resigned

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

Recent filings (41 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-04
termination-director-company-with-name-termination-date
officers · TM01
2025-12-04
termination-director-company-with-name-termination-date
officers · TM01
2025-12-04
resolution
resolution · RESOLUTIONS
2025-12-02
memorandum-articles
incorporation · MA
2025-12-02
capital-name-of-class-of-shares
capital · SH08
2025-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
memorandum-articles
incorporation · MA
2024-12-11
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-11-21