HIF PROPERTIES LTD

💤Zombieactive
SC668698 · ltd · incorporated 2020-07-24
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 Jul 2025
Net worth
£169.9k
book net assets
Opportunity
66/100
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
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 2.1y

0/100
under pressure

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

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · 4 lenders named — inter-creditor friction likely.
  • · 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
9 charges (9/9 with lender, 9/9 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
4 connected companies via shared directors
57
Filing history
24 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
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
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 £169,898

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£170k
↑ 31% YoY
Current Assets
£368k
↑ 592% YoY
Current Liabilities
£0£74k£147k£221k£294k£368kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£767.9k£132.0k
Current assets£367.5k£53.1k
Net assets£169.9k£129.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
3
filings
  • 2 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-20
    🔒
    Charge registered #9
    Lender: The Royal Bank of Scotland PLC
  3. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-02
    🔒
    Charge registered #8
    Lender: The Royal Bank of Scotland PLC
  5. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-10-16
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  8. 2025-10-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-10-03
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  10. 2025-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-09-01
    🔓
    Charge satisfied #5
  12. 2025-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-07-28
    🔒
    Charge registered #5
    Lender: Hsbc UK Bank PLC
  14. 2025-07-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-07-08
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  16. 2024-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2024-09-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-09-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-09-05
    🔒
    Charge registered #3
    Lender: Atom Bank PLC
  20. 2024-09-03
    🔒
    Charge registered #2
    Lender: Atom Bank PLC
  21. 2024-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-04-05
    🔒
    Charge registered #1
    Lender: Bdw Trading Limited
  23. 2023-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2023-05-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2023-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2023-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2022-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  28. 2020-07-24
    🏢
    Company incorporated
    As HIF PROPERTIES LTD
  29. 2020-07-24
    IQBAL, Zahid appointed
    director
  30. 2020-07-24
    📄
    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 med · 1 low
6 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-20: A registered charge; 2025-12-02: A registered charge; 2025-10-16: A registered charge

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Zahid Iqbal
Individual · Scottish · DOB 08/1985 · age 41
sig. influencesignificant influence24/07/2020

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

9 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
Incorporated2020-07-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1 Newton Manse Court
Newton Church Road
Dalkeith
EH22 1SR
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 0 resigned)

IQBAL, Zahid
director · ~41y · appointed 2020-07-24
View their other companies + combined net worth →
Active

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

Mortgages & charges

9
Total charges
8
Outstanding
3
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property20/03/2026
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property02/12/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge16/10/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/10/2025
satisfied
HSBC
Hsbc UK Bank PLC
A registered charge1 property28/07/202501/09/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property08/07/2025
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property05/09/2024
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property03/09/2024
outstanding
Bdw Trading
Bdw Trading Limited
A registered charge1 property05/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (24 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-03