CATER PROPERTY INVESTMENT LIMITED

🚨Distressedactive
SC662919 · ltd · incorporated 2020-06-03
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2023
Net worth
£-2.7k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

4 live charges · oldest 3.4y

35/100
under pressure

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

  • · Charge age ~3.4 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £2,697

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£3k
↓ 97% YoY
Current Assets
£796k
↑ 6734% YoY
Current Liabilities
-£3k£157k£317k£476k£636k£796kJun 2022Jun 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-06-302022-06-30
Total assets£-2.7k£-1.4k
Current assets£795.7k£11.6k
Net assets£-2.7k£-1.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-07-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-03-23
    🔒
    Charge registered #4
    Lender: Lowry Capital Limited
  7. 2023-01-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-01-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-01-10
    🔒
    Charge registered #3
    Lender: Lowry Capital Limited
  10. 2023-01-10
    🔒
    Charge registered #2
    Lender: Lowry Capital Limited
  11. 2022-12-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-12-21
    🔒
    Charge registered #1
    Lender: Lowry Capital Limited
  13. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-06-03
    🏢
    Company incorporated
    As CATER PROPERTY INVESTMENT LIMITED
  15. 2020-06-03
    CHOI, Yin Jye appointed
    director
  16. 2020-06-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Yin Jye Choi
Individual · Scottish · DOB 11/1975 · age 51
75–100%board control75-100% voting · board control03/06/2020

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

10 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
Incorporated2020-06-03
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

703 Great Northern Road
Aberdeen
AB24 2DU
Scotland

Filing status

Accounts
Next due: 2025-03-31OVERDUE
Last made up to: 2023-06-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (1 active · 0 resigned)

CHOI, Yin Jye
director · ~51y · appointed 2020-06-03
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
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lowry Capital
Lowry Capital Limited
A registered charge2 properties23/03/2023
outstanding
Lowry Capital
Lowry Capital Limited
A registered charge2 properties10/01/2023
outstanding
Lowry Capital
Lowry Capital Limited
A registered charge1 property10/01/2023
outstanding
Lowry Capital
Lowry Capital Limited
A registered charge21/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-27
incorporation-company
incorporation · NEWINC
2020-06-03