CATER PROPERTY DEVELOPMENT LIMITED
💤Zombieactive
SC668406 · ltd · incorporated 2020-07-22
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 Jul 2024
Net worth
£-3.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 0.8y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 105 (micro)Negative net assets
Liabilities exceed assets by £3,469
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£3k
↓ 136% YoY
Current Assets
£697k
↑ 3.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £-3.5k | £-1.5k |
| Current assets | £697.1k | £671.7k |
| Net assets | £-3.5k | £-1.5k |
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 (25 events)Click to expand
- 2025-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01🔒Charge registered #1Lender: Jennifer Wiltshire
- 2025-06-30🔒Charge registered #2Lender: Jennifer Wiltshire
- 2025-06-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-24📄gazette-notice-compulsorygazette · GAZ1
- 2025-05-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-01➕CHOI, Yin Jye appointeddirector
- 2025-05-01➖OON, Chye Kok resigneddirector
- 2024-11-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01➖CHOI, Yin Jye resigneddirector
- 2024-11-01➕OON, Chye Kok appointeddirector
- 2024-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-22🏢Company incorporatedAs CATER PROPERTY DEVELOPMENT LIMITED
- 2020-07-22➕CHOI, Yin Jye appointeddirector
- 2020-07-22📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Yin Jye Choi Individual · British · DOB 11/1975 · age 51 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · firm interest | 01/05/2025 |
2 historic (ceased) PSCs
- Mr Chye Kok Oonceased 01/05/2025· 50-75% voting · board control
- Mr Yin Jye Choiceased 01/11/2024· 75-100% voting · board control
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 · Construction · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CADMOR CONSTRUCTION LIMITED→ SC883345 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CAIRNGORM SYSTEMS LTD→ SC484777 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CALA HOMES (WEST) LIMITED→ SC222577 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CAMPBELL & MACINTOSH LIMITED→ SC357350 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CANNIESBURN LIMITED→ SC247755 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| CASTLE PLANT (DEESIDE) LIMITED→ SC099900 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| CASTLEWOOD LEISURE CLUB LIMITED→ SC329739 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CATER CAPITAL INVESTMENT LTD→ SC444341 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CATER PROPERTY INVESTMENT LIMITED→ SC662919 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CDC ELECTRICAL (SCOTLAND) LTD→ SC648604 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CENTURION BUSINESS SOLUTIONS LIMITED→ SC101120 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| CG ASSETS LTD→ SC668753 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2020-07-22
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
703 Great Northern Road
Aberdeen
AB24 2DU
Scotland
Filing status
Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21
Officers (1 active · 2 resigned)
CHOI, Yin Jye→
Activedirector · ~51y · appointed 2025-05-01
View their other companies + combined net worth →
CHOI, Yin Jye→
Resigneddirector · ~51y · appointed 2020-07-22 · resigned 2024-11-01
OON, Chye Kok→
Resigneddirector · ~57y · appointed 2024-11-01 · resigned 2025-05-01
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Jennifer Wiltshire | A registered charge | 1 property | 01/07/2025 | — | |
| outstanding | Jennifer Wiltshire | A registered charge | 1 property | 30/06/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
gazette-notice-compulsory
gazette · GAZ1
2025-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-15
appoint-person-director-company-with-name-date
officers · AP01
2025-05-15
termination-director-company-with-name-termination-date
officers · TM01
2025-05-15
appoint-person-director-company-with-name-date
officers · AP01
2024-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-11