CAS PROPERTY GROUP LTD

💤Zombieactive
SC686096 · ltd · incorporated 2021-01-15
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 Jan 2025
Net worth
£60.8k
book net assets
Opportunity
66/100
Strong
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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
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. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

15 live charges · 8 lenders · oldest 4.6y

5/100
under pressure

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

  • · Charge age ~4.6 years — mid-life; refi window approaching.
  • · 8 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
15 charges (15/15 with lender, 15/15 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
1 connected companies via shared directors
48
Filing history
30 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 £60,772
Cash YoY
+2226%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 2226% YoY
Net Worth
£61k
↑ 18% YoY
Current Assets
£45k
↑ 93% YoY
Current Liabilities
£0£12k£24k£36k£49k£61kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£60.8k£51.4k
Current assets£45.0k£23.3k
Cash£1.7k£74
Debtors£43.3k£23.3k
Net assets£60.8k£51.4k

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 mortgage
Last 90 days
3
filings
  • 3 mortgage
Last 180 days
10
filings
  • 9 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-04-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-18
    🔒
    Charge registered #15
    Lender: Paratus Amc Limited
  3. 2026-03-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-03-09
    🔒
    Charge registered #14
    Lender: Together Commercial Finance Limited
  5. 2026-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-02-27
    🔒
    Charge registered #13
    Lender: Together Commercial Finance Limited
  7. 2026-01-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2026-01-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2026-01-05
    🔒
    Charge registered #12
    Lender: Hope Capital 3 Limited
  10. 2025-12-25
    🔒
    Charge registered #11
    Lender: Hope Capital 3 Limited
  11. 2025-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-12-19
    🔒
    Charge registered #10
    Lender: Ultimate Bridging Finance Limited
  13. 2025-12-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2025-12-16
    🔒
    Charge registered #9
    Lender: Ultimate Bridging Finance Limited
  15. 2025-12-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2025-12-09
    🔓
    Charge satisfied #6
  17. 2025-11-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2025-11-18
    🔒
    Charge registered #8
    Lender: Lendinvest Btl Limited
  19. 2025-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2025-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2025-07-14
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  22. 2025-07-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2025-07-04
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  24. 2025-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2025-04-07
    🔒
    Charge registered #5
    Lender: Aldermore Bank PLC
  26. 2024-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2023-10-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2023-10-27
    🔒
    Charge registered #4
    Lender: Paragon Bank PLC
  29. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2023-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  31. 2023-08-04
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  32. 2023-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  33. 2023-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  34. 2023-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  35. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  36. 2022-07-05
    🔒
    Charge registered #2
    Lender: Paragon Bank PLC
  37. 2021-09-08
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  38. 2021-01-15
    🏢
    Company incorporated
    As CAS PROPERTY GROUP LTD
  39. 2021-01-15
    STEPHEN, Connor Andrew appointed
    director

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 5 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
10 new charges in last 12 months
medium

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

Evidence: 2026-04-18: A registered charge; 2026-03-09: A registered charge; 2026-02-27: A registered charge

14 live charges
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Connor Andrew Stephen
Individual · British · DOB 07/1999 · age 27
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/01/2021

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
Incorporated2021-01-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

25 Millfield Avenue
Inverurie
Aberdeenshire
AB51 4UF
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14

Officers (1 active · 0 resigned)

STEPHEN, Connor Andrew
director · ~27y · appointed 2021-01-15
View their other companies + combined net worth →
Active

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

Mortgages & charges

15
Total charges
14
Outstanding
8
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge2 properties18/04/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge2 properties09/03/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge27/02/2026
outstanding
Hope Capital 3
Hope Capital 3 Limited
A registered charge05/01/2026
outstanding
Hope Capital 3
Hope Capital 3 Limited
A registered charge1 property25/12/2025
outstanding
Ultimate Bridging Finance
Ultimate Bridging Finance Limited
A registered charge7 properties19/12/2025
outstanding
Ultimate Bridging Finance
Ultimate Bridging Finance Limited
A registered charge16/12/2025
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property18/11/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property14/07/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge04/07/202509/12/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property07/04/2025
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property27/10/2023
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property04/08/2023
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property05/07/2022
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property08/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-15