IVAN TAIT PROPERTY LIMITED
💤Zombieactive
SC600074 · ltd · incorporated 2018-06-15
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 Mar 2025
Net worth
£-43.7k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 6.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
5 charges (5/5 with lender, 5/5 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
Network not yet resolved
30
Filing history
25 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £43,673
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£44k
↑ 23% YoY
Current Assets
£16k
↑ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £598.7k | £598.8k |
| Current assets | £16.1k | £10.0k |
| Net assets | £-43.7k | £-56.6k |
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
1
filing
- • 1 address
Last 180 days
2
filings
- • 1 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-06📄mortgage-satisfy-charge-partmortgage · MR04
- 2022-06-06📄mortgage-satisfy-charge-partmortgage · MR04
- 2022-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-06🔒Charge registered #5Lender: Paratus Amc Limited
- 2022-06-01🔒Charge registered #4Lender: The Mortgage Lender Limited
- 2021-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-14🔒Charge registered #2Lender: Paragon Bank PLC
- 2019-10-03🔒Charge registered #3Lender: Paragon Bank PLC
- 2019-09-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-02🔒Charge registered #1Lender: Kensington Mortgage Company Limited
- 2018-10-15📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2018-06-15🏢Company incorporatedAs IVAN TAIT PROPERTY LIMITED
- 2018-06-15➕TAIT, Ivan appointeddirector
- 2018-06-15📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
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.
- +Founder name in company name: Company name contains director surname "TAIT" — strong identity link between founder and business.
- +No director turnover: Company is 8 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 low5 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 Ivan Tait Individual · British · DOB 06/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 15/06/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| KEY INVESTMENT SOLUTION LTD→ SC466633 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| KEYSTONE PROPERTIES (MONTROSE) LIMITED→ SC261608 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| KINELLAN BUILDING LTD→ SC331246 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| KINLOSS STORAGE LIMITED→ SC458641 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| KINTAIL (PROPERTIES) LTD→ SC636974 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| KNOCKGRENA LTD→ SC823725 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KRM SKYE LTD→ SC806000 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| KYLE & LOCHALSH COMMUNITY TRUST→ SC430036 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| KYLEAKIN FEUS, LIMITED→ SC028292 · est 1951 · no financials extracted | — | — | — | — | 74y | — | — |
| LASHLEY HOMES LIMITED→ SC546666 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| LAWNMARKET LIMITED→ SC547525 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| LAWSON PROPERTY ENTERPRISES LIMITED→ SC855244 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-06-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
10 Scorguie Avenue
Inverness
IV3 8SD
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (1 active · 0 resigned)
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 06/06/2022 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 01/06/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 14/10/2019 | — | |
| part-satisfied | Paragon Paragon Bank PLC / Paragon Mortgages (2010) Limited | A registered charge | — | 03/10/2019 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 02/09/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-07
mortgage-satisfy-charge-part
mortgage · MR04
2022-06-06
mortgage-satisfy-charge-part
mortgage · MR04
2022-06-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20