BATH STREET PROPERTY COMPANY LIMITED

💤Zombieactive
SC665026 · ltd · incorporated 2020-06-23
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 Jun 2025
Net worth
£351.6k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased 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 -62% 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 3.8y

35/100
under pressure

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

  • · Charge age ~3.8 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, 2 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
32 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 · accounting standard not declared
Positive net assets
Net assets £351,615
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 62% YoY
Net Worth
£352k
↑ 8.6% YoY
Current Assets
Current Liabilities
£0£70k£141k£211k£281k£352kJun 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£916.6k£903.7k
Cash£7.2k£19.0k
Net assets£351.6k£323.8k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-08-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-06-03
    FINLAYSON, William Alexander resigned
    director
  9. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-23
    📄
    capital-allotment-shares
    capital · SH01
  12. 2022-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-09-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-09-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-09-24
    COOPER, Ross Falconer appointed
    director
  16. 2022-09-22
    COOPER, Alexander Stewart resigned
    director
  17. 2022-09-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-08-30
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  19. 2022-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-06-28
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  21. 2022-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2021-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2021-07-01
    COOPER, Alexander Stewart appointed
    director
  24. 2020-06-23
    🏢
    Company incorporated
    As BATH STREET PROPERTY COMPANY LIMITED
  25. 2020-06-23
    FINLAYSON, William Alexander appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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.)

Group structure

Grj Bath Street Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Grj Bath Street Limited
Corporate parent · holds 50-75% shares
majority
BATH STREET PROPERTY COMPANY LIMITED
This company · SC665026

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Grj Bath Street Limited
Corporate entity
5075%
50-75% shares01/06/2024
Mrs Joan Finlayson
Individual · British · DOB 03/1960 · age 66
2550%
25-50% shares01/06/2024
2 historic (ceased) PSCs
  • Mr Alexander Stewart Cooperceased 22/09/2022· 25-50% shares · 25-50% voting
  • Mr William Alexander Finlaysonceased 03/06/2024· 25-50% shares · 25-50% voting

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 →

Similar companies

Active · Property · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BCT ALLIANCE LTD
SC745057 · est 2022 · no financials extracted
3y
BEACON LETS LIMITED
SC624622 · est 2019 · no financials extracted
7y
BEAT HOLLOW LIMITED
SC727276 · est 2022 · no financials extracted
4y
BEATTIE ASSETS LTD
SC764469 · est 2023 · no financials extracted
3y
BELGATE (DUNFERMLINE) LIMITED
SC835085 · est 2025 · no financials extracted
1y
BELL DEVELOPMENTS (SCOTLAND) LIMITED
SC113130 · est 1988 · no financials extracted
37y
BELLAME SM LIMITED
SC740404 · est 2022 · no financials extracted
3y
BELLCOVE LIMITED
SC504444 · est 2015 · no financials extracted
10y
BENBOW PROPERTIES LIMITED
SC528482 · est 2016 · no financials extracted
10y
BENZIE & CO. LIMITED
SC826118 · est 2024 · no financials extracted
1y
BESPOKE SALES & LETTINGS LTD
SC833909 · est 2025 · no financials extracted
1y
BEVE SMILES LIMITED
SC334447 · est 2007 · no financials extracted
18y
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
Incorporated2020-06-23
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

2nd Floor 24 Blythswood Square
Glasgow
G2 4BG
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23

Officers (1 active · 2 resigned)

COOPER, Ross Falconer
director · ~32y · appointed 2022-09-24
View their other companies + combined net worth →
Active
COOPER, Alexander Stewart
director · ~74y · appointed 2021-07-01 · resigned 2022-09-22
Resigned
FINLAYSON, William Alexander
director · ~69y · appointed 2020-06-23 · resigned 2024-06-03
Resigned

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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/08/2022
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge28/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-23
termination-director-company-with-name-termination-date
officers · TM01
2024-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-23
capital-allotment-shares
capital · SH01
2023-02-23