UREKARMA PROPERTY GROUP LTD

💤Zombieactive
SC698887 · ltd · incorporated 2021-05-17
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
£2
book net assets
Opportunity
76/100
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
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 1.3y

10/100
under pressure

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

  • · Newest facility, 1.3 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
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
Network not yet resolved
30
Filing history
18 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2
Very low cash
Cash position: £2
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2
~ YoY
Net Worth
£2
~ YoY
Current Assets
Current Liabilities
£0£0£1£1£2£2May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£2£2
Cash£2£2
Net assets£2£2

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-01-14
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  5. 2025-01-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-01-10
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  7. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-12-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2023-11-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-08-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-07-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-07-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-06-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-05-30
    DAVIDSON, Stuart resigned
    director
  16. 2022-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-05-17
    🏢
    Company incorporated
    As UREKARMA PROPERTY GROUP LTD
  18. 2021-05-17
    MCLAREN, Colin appointed
    director
  19. 2021-05-17
    DAVIDSON, Stuart appointed
    director
  20. 2021-05-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Colin Mclaren
Individual · British · DOB 01/1967 · age 59
2550%
25-50% shares17/05/2021
1 historic (ceased) PSC
  • Mr Stuart Davidsonceased 18/05/2021· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2021-05-17
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

58 Long Lane
Broughty Ferry
Dundee
DD5 1HH
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (1 active · 1 resigned)

MCLAREN, Colin
director · ~59y · appointed 2021-05-17
View their other companies + combined net worth →
Active
DAVIDSON, Stuart
director · ~50y · appointed 2021-05-17 · resigned 2022-05-30
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property14/01/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge10/01/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
gazette-notice-compulsory
gazette · GAZ1
2023-11-07
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-09
gazette-notice-compulsory
gazette · GAZ1
2023-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-05