THISTLE PROPERTY MAINTENANCE LIMITED

💤Zombieactive
SC698695 · ltd · incorporated 2021-05-13
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 May 2025
Net worth
£100
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
ALSO REGISTERED FOR
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£100£100
Current assets£100£100
Cash£100£100
Net assets£100£100

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2021-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-05-21
    GRANT, Derek Edward appointed
    director
  10. 2021-05-21
    GRANT, Nadia Veronica Foy resigned
    director
  11. 2021-05-13
    🏢
    Company incorporated
    As THISTLE PROPERTY MAINTENANCE LIMITED
  12. 2021-05-13
    GRANT, Nadia Veronica Foy appointed
    director
  13. 2021-05-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Derek Edward Grant
Individual · Scottish · DOB 03/1976 · age 50
75100%
75-100% shares21/05/2021
1 historic (ceased) PSC
  • Ms Nadia Veronica Foy Grantceased 21/05/2021· 75-100% shares · 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2021-05-13
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing

Registered office

14 Newton Place
Glasgow
G3 7PY
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (1 active · 1 resigned)

GRANT, Derek Edward
director · ~50y · appointed 2021-05-21
View their other companies + combined net worth →
Active
GRANT, Nadia Veronica Foy
director · ~45y · appointed 2021-05-13 · resigned 2021-05-21
Resigned

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

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-05-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-27
termination-director-company-with-name-termination-date
officers · TM01
2021-05-27
appoint-person-director-company-with-name-date
officers · AP01
2021-05-27
incorporation-company
incorporation · NEWINC
2021-05-13