HMS 485 PROPERTIES LIMITED

💤Zombieactive
SC684464 · ltd · incorporated 2020-12-23
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 79). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 5.1y

45/100
under pressure

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

  • · Oldest live charge is 5.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 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
10 connected companies via shared directors
75
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-07-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-05-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-01-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2023-09-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2023-09-06
    MCGARVIE, Henry Murray appointed
    secretary
  7. 2023-04-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-07-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2021-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2021-03-24
    🔒
    Charge registered #1
    Lender: Aib Group (UK) P.L.C.
  11. 2020-12-23
    🏢
    Company incorporated
    As HMS 485 PROPERTIES LIMITED
  12. 2020-12-23
    DALGLISH, John Mcgregor appointed
    director
  13. 2020-12-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • 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

The Albex Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Albex Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HMS 485 PROPERTIES LIMITED
This company · SC684464

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Albex Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/12/2020

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

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.

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Company details

Statusactive
Typeltd
Incorporated2020-12-23
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Albex House C/O Kent Foods Limited
1 Marchfield Drive
Paisley
PA3 2RB
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (2 active · 0 resigned)

MCGARVIE, Henry Murray
secretary · appointed 2023-09-06
View their other companies + combined net worth →
Active
DALGLISH, John Mcgregor
director · ~79y · appointed 2020-12-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Aib Group (UK) P.L.C.
A registered charge24/03/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-08
accounts-with-accounts-type-small
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-small
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-01-04
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-07
accounts-with-accounts-type-small
accounts · AA
2023-04-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-full
accounts · AA
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-29
incorporation-company
incorporation · NEWINC
2020-12-23