SKYE VIEW LTD

💤Zombieactive
SC649555 · ltd · incorporated 2019-12-13
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 Dec 2024
Net worth
£-5.2k
book net assets
Opportunity
75/100
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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 67/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 5.0y

5/100
under pressure

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

  • · Charge age ~5.0 years — mid-life; refi window approaching.
  • · 3 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £5,247
Cash YoY
-3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£113k
↓ 2.9% YoY
Net Worth
-£5k
↓ 191% YoY
Current Assets
£113k
↓ 2.9% YoY
Current Liabilities
-£5k£19k£44k£68k£92k£117kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-5.2k£-1.8k
Current assets£113.4k£116.8k
Cash£112.5k£115.9k
Debtors£899£899
Net assets£-5.2k£-1.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-08-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-08-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-08-12
    🔒
    Charge registered #4
    Lender: Tsb Bank PLC
  9. 2022-08-12
    🔓
    Charge satisfied #2
  10. 2022-08-12
    🔓
    Charge satisfied #1
  11. 2022-08-11
    📄
    mortgage-satisfy-charge-part
    mortgage · MR04
  12. 2022-08-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-07-27
    🔒
    Charge registered #3
    Lender: Tsb Bank PLC
  14. 2021-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-07-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-07-02
    🔒
    Charge registered #2
    Lender: Hampden & Co PLC
  17. 2021-05-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2021-05-27
    🔒
    Charge registered #1
    Lender: Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
  19. 2019-12-13
    🏢
    Company incorporated
    As SKYE VIEW LTD
  20. 2019-12-13
    MELROSE, Gillian Anne appointed
    director
  21. 2019-12-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The 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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Gillian Anne Melrose
Individual · British · DOB 08/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control13/12/2019
Mr Alan Muir Melrose
Individual · British · DOB 11/1966 · age 60
2550%
25-50% shares13/12/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2019-12-13
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1st Floor Mclay, Mcalister & Mcgibbon Llp
145 St Vincent Street
Glasgow
G2 5JF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (1 active · 0 resigned)

MELROSE, Gillian Anne
director · ~58y · appointed 2019-12-13
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Tsb Bank PLC
A registered charge2 properties12/08/2022
outstanding
Lloyds Banking Group
Tsb Bank PLC
A registered charge27/07/2022
satisfied
Hampden & Co
Hampden & Co PLC
A registered charge1 property02/07/202112/08/2022
satisfied
Hampden & Co , 9 Charlotte Square, Edinburgh, EH2 4DR
Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
A registered charge1 property27/05/202112/08/2022
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
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-12
mortgage-satisfy-charge-part
mortgage · MR04
2022-08-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30