AJRB PROPERTY LIMITED
💤Zombieactive
SC611853 · ltd · incorporated 2018-10-26
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
67/100
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 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 4 lenders · oldest 7.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | — | £573.6k |
| Current assets | — | £213.0k |
| Cash | — | £3.1k |
| Debtors | — | £209.9k |
| Net assets | — | £204.8k |
| Average employees | 3 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
- • 2 mortgage
Last 180 days
6
filings
- • 5 mortgage
- • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-31🔒Charge registered #9Lender: Westwood Capital Finance Limited
- 2026-03-31🔒Charge registered #8Lender: Ajrb Property Limited
- 2026-02-23📄legacymiscellaneous · ANNOTATION
- 2026-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-28📄mortgage-satisfy-charge-partmortgage · MR04
- 2026-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-28🔓Charge satisfied #7
- 2026-01-28🔓Charge satisfied #6
- 2025-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-10➕BOWMAN, Natasha Hayleigh appointeddirector
- 2025-03-10➖BOWMAN, John resigneddirector
- 2025-02-26➖BOWMAN, Ryan resigneddirector
- 2025-01-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-01-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-14➕BOWMAN, Nina appointedsecretary
- 2025-01-14➕BOWMAN, John appointeddirector
- 2024-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-08➖BOWMAN, Audrey resigneddirector
- 2024-03-08➖BOWMAN, John resigneddirector
- 2023-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-06🔒Charge registered #7Lender: Together Commercial Finance Limited
- 2022-03-17🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2019-12-16🔒Charge registered #5Lender: Tennent Caledonian Breweries Wholesale Limited
- 2019-12-12🔒Charge registered #4Lender: Tennent Caledonian Breweries Wholesale Limited
- 2019-03-27🔒Charge registered #3Lender: Tennent Caledonian Breweries Wholesale Limited
- 2019-03-27🔒Charge registered #2Lender: Tennent Caledonian Breweries Wholesale Limited
- 2019-03-21🔒Charge registered #1Lender: Tennent Caledonian Breweries Wholesale Limited
- 2018-11-08➖HYNDMAN, Andrea resigneddirector
- 2018-10-26🏢Company incorporatedAs AJRB PROPERTY LIMITED
- 2018-10-26➕BOWMAN, Audrey appointeddirector
- 2018-10-26➕BOWMAN, John appointeddirector
- 2018-10-26➕BOWMAN, Ryan appointeddirector
- 2018-10-26➕HYNDMAN, Andrea appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 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 |
|---|---|---|---|---|
Mrs Natasha Hayleigh Bowman Individual · British · DOB 10/1991 · age 35 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 10/03/2025 |
1 historic (ceased) PSC
- Mr Ryan Bowmanceased 10/03/2025· 75-100% shares · 75-100% voting · board control
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GANDER EQUITIES LIMITED→ SC038884 · est 1963 | £5.39M £4.58M–£6.20M | — | £5.39M | — | 63y | 83 | 87y |
| NEWTON PROPERTY MANAGEMENT LTD.→ SC224378 · est 2001 | £1.45M £1.23M–£1.66M | — | £1.45M | — | 24y | 83 | 70y |
| MILBEAR HOLDINGS (GLASGOW) LIMITED→ SC046691 · est 1969 | £974.3k £828.2k–£1.12M | — | £974.3k | — | 57y | 83 | 101y |
| CITYPROP INVESTMENTS LTD.→ SC157489 · est 1995 | £927.3k £788.2k–£1.07M | — | £927.3k | — | 31y | 83 | 87y |
| DOMINPLAN PROPERTY CO. LIMITED→ SC039504 · est 1963 | £672.2k £571.4k–£773.1k | — | £672.2k | — | 62y | 83 | 89y |
| CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008 | £623.3k £529.8k–£716.8k | — | £623.3k | — | 17y | 83 | 70y |
| INNOVATION PROPERTIES LIMITED→ SC312436 · est 2006 | £444.7k £378.0k–£511.4k | — | £444.7k | — | 19y | 83 | 86y |
| OREBLOCK LIMITED→ SC161313 · est 1995 | £146.5k £124.6k–£168.5k | — | £146.5k | — | 30y | 83 | 69y |
| HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→ SC315228 · est 2007 | £132.9k £113.0k–£152.9k | — | £132.9k | — | 19y | 83 | 68y |
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| GALEN PROPERTIES LTD→ SC283636 · est 2005 | £64.1k £54.5k–£73.7k | — | £64.1k | — | 21y | 83 | 62y |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 | £53.3k £45.3k–£61.3k | — | £53.3k | — | 22y | 83 | 70y |
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
Incorporated2018-10-26
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (2 active · 5 resigned)
Active
BOWMAN, Natasha Hayleigh→
Activedirector · ~35y · appointed 2025-03-10
View their other companies + combined net worth →
BOWMAN, Audrey→
Resigneddirector · ~56y · appointed 2018-10-26 · resigned 2024-03-08
BOWMAN, John→
Resigneddirector · ~57y · appointed 2025-01-14 · resigned 2025-03-10
BOWMAN, John→
Resigneddirector · ~57y · appointed 2018-10-26 · resigned 2024-03-08
BOWMAN, Ryan→
Resigneddirector · ~37y · appointed 2018-10-26 · resigned 2025-02-26
HYNDMAN, Andrea→
Resigneddirector · ~56y · appointed 2018-10-26 · resigned 2018-11-08
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
7
Outstanding
3
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Westwood Capital Finance Westwood Capital Finance Limited | A registered charge | — | 31/03/2026 | — | |
| outstanding | Ajrb Property Ajrb Property Limited | A registered charge | 1 property | 31/03/2026 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 06/04/2022 | 28/01/2026 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | — | 17/03/2022 | 28/01/2026 | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | 2 properties | 16/12/2019 | — | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | 2 properties | 12/12/2019 | — | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | 2 properties | 27/03/2019 | — | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | 2 properties | 27/03/2019 | — | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | — | 21/03/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-16
legacy
miscellaneous · ANNOTATION
2026-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-28
mortgage-satisfy-charge-part
mortgage · MR04
2026-01-28
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-16
appoint-person-director-company-with-name-date
officers · AP01
2025-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-16
termination-director-company-with-name-termination-date
officers · TM01
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
appoint-person-secretary-company-with-name-date
officers · AP03
2025-01-22