TBG PROPERTY GROUP LTD

🌿Early-stageactive
SC716976 · ltd · incorporated 2021-12-07
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-170.8k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 86210General medical practice activities
  • 86900Other human health activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
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
Negative net assets
Liabilities exceed assets by £170,842
Cash YoY
+355%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£122k
↑ 355% YoY
Net Worth
-£171k
↑ 36% YoY
Current Assets
£130k
↑ 353% YoY
Current Liabilities
-£265k-£186k-£107k-£28k£51k£130kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£-120.8k£-215.4k
Current assets£129.9k£28.7k
Cash£122.2k£26.9k
Debtors£7.7k£1.8k
Net assets£-170.8k£-265.4k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-30
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-12-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-12-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2021-12-20
    ALI, Naushad, Dr appointed
    director
  9. 2021-12-20
    ALI, Omar appointed
    director
  10. 2021-12-07
    🏢
    Company incorporated
    As TBG PROPERTY GROUP LTD
  11. 2021-12-07
    TIWARI, Manas, Dr appointed
    director
  12. 2021-12-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

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

Group structure

3 corporate shareholders identified. Group structure is distributed.

🏛️
West Of Scotland Joint Injection Services Ltd
Corporate parent · holds 25-50% shares · board control
significant stake
🏛️
Arin Management Ltd
Corporate parent · holds 25-50% shares · board control
significant stake
🏛️
Arona Property Investments Ltd
Corporate parent · holds 25-50% shares · board control
significant stake
TBG PROPERTY GROUP LTD
This company · SC716976

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
West Of Scotland Joint Injection Services Ltd
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/12/2021
Arin Management Ltd
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/12/2021
Arona Property Investments Ltd
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/12/2021

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

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
Incorporated2021-12-07
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

224-226 Ayr Road
Newton Mearns
Glasgow
G77 6DR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (3 active · 0 resigned)

ALI, Naushad, Dr
director · ~48y · appointed 2021-12-20
View their other companies + combined net worth →
Active
ALI, Omar
director · ~49y · appointed 2021-12-20
View their other companies + combined net worth →
Active
TIWARI, Manas, Dr
director · ~41y · appointed 2021-12-07
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
change-account-reference-date-company-current-extended
accounts · AA01
2023-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-26
appoint-person-director-company-with-name-date
officers · AP01
2021-12-21
appoint-person-director-company-with-name-date
officers · AP01
2021-12-21
incorporation-company
incorporation · NEWINC
2021-12-07