PINEHURST (BEARSDEN) LTD.

🏛️Establishedactive

SC632697 · ltd · incorporated 2019-06-07

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 Jun 2025

Net worth

£-835

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (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 (65/100).

Data confidence

Overall: medium (72/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (4 active, 4 linked, 4 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

13 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £835

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£835

↓ 43% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£-835	£-585
Net assets	£-835	£-585

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (12 events)Click to expand

2026-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-07
🏢
Company incorporated
As PINEHURST (BEARSDEN) LTD.
2019-06-07
➕
GIOVANAZZI, Anna appointed
director
2019-06-07
➕
GIOVANAZZI, Emilio appointed
director
2019-06-07
➕
GIOVANAZZI, Matteo Angelo appointed
director
2019-06-07
➕
GIOVANAZZI, Sandro Giovanni Celesto appointed
director
2019-06-07
📄
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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.

Red flags

clean

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Similar companies

Active · Property · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PHBP INVESTMENTS LTD→ SC547543 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
PRIME PROPERTY CO (NO 1) LTD→ SC769650 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PRO PROPERTY (SCOTLAND) LTD→ SC771224 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PROPERTY 123 LIMITED→ SC826768 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PROPERTY 2000 LIMITED→ SC843054 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PROPERTY ANGELS INTERNATIONAL LIMITED→ SC821765 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PROPERTY BY FAB LIMITED→ SC678732 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PROPERTY COLLECTIVE SCOTLAND LTD→ SC825768 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PROPERTY DEVELOPMENT INTERNATIONAL LTD→ SC733591 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
PROPERTY INVESTMENTS BC LIMITED→ SC869199 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PROPERTY LETTING GLASGOW LTD→ SC517344 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
PROPERTY LETTINGS SAS LTD→ SC687085 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2019-06-07

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

Stevenson & Kyles

25 Sandyford Place

Glasgow

G3 7NG

United Kingdom

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-20

Last: 2025-06-06

Officers (4 active · 0 resigned)

GIOVANAZZI, Anna→

director · ~70y · appointed 2019-06-07

View their other companies + combined net worth →

Active

GIOVANAZZI, Emilio→

director · ~30y · appointed 2019-06-07

View their other companies + combined net worth →

Active

GIOVANAZZI, Matteo Angelo→

director · ~39y · appointed 2019-06-07

View their other companies + combined net worth →

Active

GIOVANAZZI, Sandro Giovanni Celesto→

director · ~69y · appointed 2019-06-07

View their other companies + combined net worth →

Active

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