TR PROPERTIES (EAST) LIMITED

🏛️Establishedactive
SC695184 · ltd · incorporated 2021-04-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£310.9k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Activities of real estate investment trusts
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £310,944
Cash YoY
+19%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£202k
↑ 19% YoY
Net Worth
£311k
↑ 188% YoY
Current Assets
£332k
↑ 69% YoY
Current Liabilities
—
£0£66k£133k£199k£266k£332kJan 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£396.3k£107.9k
Current assets£332.1k£196.9k
Cash£202.0k£169.2k
Debtors£130.1k£27.7k
Net assets£310.9k£107.9k

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2022-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-04-05
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-04-04
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2022-04-01
    📄
    memorandum-articles
    incorporation · MA
  10. 2022-04-01
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2021-12-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2021-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-04-09
    🏢
    Company incorporated
    As TR PROPERTIES (EAST) LIMITED
  14. 2021-04-09
    ➕
    MOLINARI, Calvin appointed
    director
  15. 2021-04-09
    ➕
    MOLINARI, Joseph appointed
    director
  16. 2021-04-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Joseph Molinari
Individual · British · DOB 11/1965 · age 61
50–75%
50–75%board control50-75% shares · 50-75% voting · board control01/03/2022
Mr Calvin Molinari
Individual · British · DOB 09/1999 · age 27
25–50%
25–50%board control25-50% shares · 25-50% voting · board control09/04/2021

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

6 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
Incorporated2021-04-09
Jurisdictionscotland
Primary SIC64306 — Activities of real estate investment trusts

Registered office

30 Tobago Street
Glasgow
G40 2RH
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (2 active · 0 resigned)

MOLINARI, Calvin→
director · ~27y · appointed 2021-04-09
View their other companies + combined net worth →
Active
MOLINARI, Joseph→
director · ~61y · appointed 2021-04-09
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-05
capital-allotment-shares
capital · SH01
2022-04-05
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-04-04
memorandum-articles
incorporation · MA
2022-04-01
resolution
resolution · RESOLUTIONS
2022-04-01