PROPERTY DAH GLASGOW LTD

💤Zombieactive
SC701205 · ltd · incorporated 2021-06-09
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Bankability: 75 → 80
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ↑Bankability: 75 → 80
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
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Turnover
—
year to Dec 2024
Net worth
£321.3k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
ALSO REGISTERED FOR
  • 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 73/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 2.8y

10/100
under pressure

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

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
16 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
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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 £321,253

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£321k
↑ 98% YoY
Current Assets
£2k
↓ 99% YoY
Current Liabilities
—
£0£64k£129k£193k£257k£321kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£214.4k£50.0k
Current assets£2.5k£191.1k
Net assets£321.3k£162.3k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-04-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-11-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  6. 2023-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-08-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-08-16
    🔒
    Charge registered #1
    Lender: Shawbrook Bank Limited
  9. 2023-04-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2022-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-06-09
    🏢
    Company incorporated
    As PROPERTY DAH GLASGOW LTD
  13. 2021-06-09
    ➕
    MULVEY, Paul Lewis Garfield appointed
    director
  14. 2021-06-09
    📄
    incorporation-company
    incorporation · NEWINC

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

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 Paul Mulvey
Individual · Scottish · DOB 06/1976 · age 50
75–100%
75–100%board control75-100% shares · 75-100% voting · board control20/04/2023
1 historic (ceased) PSC
  • Dah (Glasgow) Ltdceased 20/04/2023· 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 →

Similar companies

Active · Property · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GANDER EQUITIES LIMITED→
SC038884 · est 1963
£5.39M
£4.58M–£6.20M
—£5.39M—62y8387y
DOMINPLAN PROPERTY CO. LIMITED→
SC039504 · est 1963
£1.92M
£1.63M–£2.21M
—£1.92M—62y8389y
NEWTON PROPERTY MANAGEMENT LTD.→
SC224378 · est 2001
£1.45M
£1.23M–£1.66M
—£1.45M—24y8370y
MILBEAR HOLDINGS (GLASGOW) LIMITED→
SC046691 · est 1969
£974.3k
£828.2k–£1.12M
—£974.3k—56y83101y
CITYPROP INVESTMENTS LTD.→
SC157489 · est 1995
£927.3k
£788.2k–£1.07M
—£927.3k—31y8387y
CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→
SC345086 · est 2008
£623.3k
£529.8k–£716.8k
—£623.3k—17y8370y
INNOVATION PROPERTIES LIMITED→
SC312436 · est 2006
£444.7k
£378.0k–£511.4k
—£444.7k—19y8386y
OREBLOCK LIMITED→
SC161313 · est 1995
£146.5k
£124.6k–£168.5k
—£146.5k—30y8369y
HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→
SC315228 · est 2007
£132.9k
£113.0k–£152.9k
—£132.9k—19y8368y
BARRWOOD DEVELOPMENTS LIMITED→
SC055126 · est 1974
£117.8k
£100.1k–£135.5k
—£117.8k—52y8359y
GALEN PROPERTIES LTD→
SC283636 · est 2005
£64.1k
£54.5k–£73.7k
—£64.1k—21y8362y
LEMAY INVESTMENTS LIMITED→
SC253839 · est 2003
£53.3k
£45.3k–£61.3k
—£53.3k—22y8370y
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
Incorporated2021-06-09
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

2 Royal Crescent
Lower Ground
Glasgow
G3 7SL
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (1 active · 0 resigned)

MULVEY, Paul Lewis Garfield→
director · ~50y · appointed 2021-06-09
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
Shawbrook
Shawbrook Bank Limited
A registered charge1 property16/08/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-09
change-person-director-company-with-change-date
officers · CH01
2024-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-13
change-account-reference-date-company-current-shortened
accounts · AA01
2023-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08