ECO RETREATS LTD

🏛️Establishedactive
SC649394 · ltd · incorporated 2019-12-11
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£13.4k
book net assets
Opportunity
74/100
Strong
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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
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -46% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 5.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £13,438
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 46% YoY
Net Worth
£13k
↑ 35% YoY
Current Assets
£5k
↓ 46% YoY
Current Liabilities
£0£3k£5k£8k£11k£13kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£149.0k£151.7k
Current assets£4.7k£8.6k
Cash£4.7k£8.6k
Net assets£13.4k£10.0k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-04-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-04-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2020-07-20
    🔒
    Charge registered #2
    Lender: Cumberland Building Society
  13. 2020-07-09
    🔒
    Charge registered #1
    Lender: Cumberland Building Society
  14. 2019-12-11
    🏢
    Company incorporated
    As ECO RETREATS LTD
  15. 2019-12-11
    GHOSH, Robin appointed
    director
  16. 2019-12-11
    SHENNAN, Derek appointed
    director
  17. 2019-12-11
    📄
    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 6 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Derek Shennan
Individual · British · DOB 05/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/12/2019
Mr Robin Ghosh
Individual · British · DOB 07/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/12/2019

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

6 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
Incorporated2019-12-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

64 Fort Street
Ayr
KA7 1EH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20

Officers (2 active · 0 resigned)

GHOSH, Robin
director · ~48y · appointed 2019-12-11
View their other companies + combined net worth →
Active
SHENNAN, Derek
director · ~53y · appointed 2019-12-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Cumberland Building Society
A registered charge1 property20/07/2020
outstanding
Cumberland Building Society
A registered charge1 property09/07/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-19
change-person-director-company-with-change-date
officers · CH01
2023-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-17
gazette-notice-compulsory
gazette · GAZ1
2023-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21