BT HOLDINGS (SCOTLAND) LTD

💤Zombieactive
SC663315 · ltd · incorporated 2020-06-08
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
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Turnover
year to Jun 2025
Net worth
£-8.3k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. 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 -98% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.2y

0/100
under pressure

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

  • · Newest facility, 1.2 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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 £8,295
Net assets shrinking
Down £10,711 YoY
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£960
↓ 98% YoY
Net Worth
-£8k
↓ 443% YoY
Current Assets
Current Liabilities
-£8k£5k£19k£33k£46k£60kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-8.3k£2.4k
Cash£960£60.1k
Net assets£-8.3k£2.4k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-11-07
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  4. 2025-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-02-11
    🔒
    Charge registered #1
    Lender: Paratus Amc Limited
  7. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-11-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-06-08
    🏢
    Company incorporated
    As BT HOLDINGS (SCOTLAND) LTD
  12. 2020-06-08
    THOMSON, Brooke appointed
    secretary
  13. 2020-06-08
    THOMSON, Brooke appointed
    director
  14. 2020-06-08
    📄
    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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Brooke Thomson
Individual · British · DOB 07/1997 · age 29
75100%
75–100%75-100% shares · 75-100% voting08/06/2020

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2020-06-08
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (2 active · 0 resigned)

THOMSON, Brooke
secretary · appointed 2020-06-08
View their other companies + combined net worth →
Active
THOMSON, Brooke
director · ~29y · appointed 2020-06-08
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
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property07/11/2025
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property11/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-04
incorporation-company
incorporation · NEWINC
2020-06-08