ASSURED PROPERTY GROUP LTD

💤Zombieactive
SC733179 · ltd · incorporated 2022-05-23
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
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Turnover
year to May 2025
Net worth
£-4.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

4 live charges · oldest 3.1y

35/100
under pressure

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

  • · Charge age ~3.1 years — mid-life; refi window approaching.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £4,844

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£5k
Current Assets
£427
Current Liabilities
-£5k-£4k-£3k-£2k-£627£427May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£146.6k
Current assets£427
Net assets£-4.8k

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
1
filing
  • 1 mortgage
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
4
filings
  • 2 confirmation-statement
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-10
    🔒
    Charge registered #4
    Lender: The Mortgage Works (UK) PLC
  3. 2026-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-05-30
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  6. 2025-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-01-10
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  8. 2024-02-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-01-31
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  10. 2024-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-04-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2023-03-31
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  13. 2022-05-23
    🏢
    Company incorporated
    As ASSURED PROPERTY GROUP LTD
  14. 2022-05-23
    NORTON, Michael Anthony appointed
    director
  15. 2022-05-23
    📄
    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 Michael Anthony Norton
Individual · British · DOB 10/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/05/2022

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

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
Incorporated2022-05-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

13 Crossdene Road
Crosshouse
Kilmarnock
KA2 0JN
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10

Officers (1 active · 0 resigned)

NORTON, Michael Anthony
director · ~36y · appointed 2022-05-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property10/04/2026
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property30/05/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property31/01/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property31/03/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-12
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-14
incorporation-company
incorporation · NEWINC
2022-05-23