PEGU PROPERTY LIMITED

💤Zombieactive
SC703736 · ltd · incorporated 2021-07-08
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 steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 60/100. 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

6 live charges · 2 lenders · oldest 2.7y

0/100
under pressure

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

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees1100

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 (25 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-11-27
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  4. 2025-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-03-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-03-24
    🔓
    Charge satisfied #1
  8. 2025-03-21
    🔒
    Charge registered #5
    Lender: Aldermore Bank PLC
  9. 2024-07-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-07-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-07-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-07-15
    ➕
    FORREST, Yuliya appointed
    director
  13. 2024-07-15
    ➖
    FORREST, Yuliya resigned
    director
  14. 2024-07-05
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  15. 2024-06-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2024-06-27
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  17. 2024-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-10-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2023-10-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-10-16
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  21. 2023-10-13
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  22. 2023-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-07-08
    🏢
    Company incorporated
    As PEGU PROPERTY LIMITED
  24. 2021-07-08
    ➕
    FORREST, Douglas Robert, Dr appointed
    director
  25. 2021-07-08
    📄
    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

1 low
5 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
Dr Douglas Robert Forrest
Individual · Scottish · DOB 05/1976 · age 50
75–100%
75–100%board control75-100% shares · 75-100% voting · board control08/07/2021

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 →

Similar companies

Active · Property · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ZARS LIMITED→
SC230094 · est 2002
£3.33M
£2.83M–£3.83M
—£3.33M—24y8376y
J & E NOMINEES LIMITED→
SC237007 · est 2002
£3.06M
£2.60M–£3.52M
—£3.06M—23y8366y
ABZCO LTD.→
SC223809 · est 2001
£655.5k
£557.2k–£753.9k
—£655.5k—24y8277y
MNA (SCOTLAND) LIMITED→
SC283813 · est 2005
£637.9k
£542.2k–£733.6k
—£637.9k—21y8360y
ZULCO LIMITED→
SC206358 · est 2000
£636.3k
£540.8k–£731.7k
—£636.3k—26y8385y
ENGINEERING SPREADSHEETS LTD.→
SC302290 · est 2006
£620.6k
£527.5k–£713.7k
—£620.6k—20y8266y
FLAT HOMES LIMITED→
SC231996 · est 2002
£459.7k
£390.7k–£528.6k
—£459.7k—24y8273y
A & K PROPERTIES LIMITED→
SC199663 · est 1999
£78.2k
£66.4k–£89.9k
—£78.2k—26y8271y
STATION WORKS PROPERTIES LTD.→
SC083127 · est 1983
£39.9k
£33.9k–£45.9k
—£39.9k—43y8379y
ASSETFAIR LIMITED→
SC195393 · est 1999
£39.4k
£33.5k–£45.3k
—£39.4k—27y8274y
GILLANDER PROPERTIES LIMITED→
SC298431 · est 2006
£38.8k
£33.0k–£44.7k
—£38.8k—20y8274y
FIRST CHOICE LETS LIMITED→
SC281124 · est 2005
£36.5k
£31.0k–£41.9k
—£36.5k—21y8265y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2021-07-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 Murray Lane
Montrose
DD10 8LF
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (1 active · 1 resigned)

FORREST, Douglas Robert, Dr→
director · ~50y · appointed 2021-07-08
View their other companies + combined net worth →
Active
FORREST, Yuliya→
director · ~40y · appointed 2024-07-15 · resigned 2024-07-15
Resigned

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

Mortgages & charges

6
Total charges
5
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property27/11/2025—
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property21/03/2025—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property05/07/2024—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge—27/06/2024—
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property16/10/202324/03/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge—13/10/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-17
termination-director-company-with-name-termination-date
officers · TM01
2024-07-16
appoint-person-director-company-with-name-date
officers · AP01
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-23