FLEX PROPERTY RENTALS LTD
💤Zombieactive
SC735542 · ltd · incorporated 2022-06-15
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 Jun 2025
Net worth
£-4.9k
book net assets
Opportunity
66/100
Strong
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 66/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
8 live charges · 4 lenders · oldest 3.4y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
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
74
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 £4,889
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£5k
Current Assets
£46k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 |
|---|---|
| Total assets | £630.1k |
| Current assets | £45.6k |
| Net assets | £-4.9k |
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
2
filings
- • 2 accounts
Last 180 days
2
filings
- • 2 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-23📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-07-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-14🔒Charge registered #8Lender: Aldermore Bank PLC
- 2025-06-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-01🔒Charge registered #7Lender: Mortgage Works (UK) PLC
- 2025-03-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-16🔓Charge satisfied #1
- 2025-01-15🔒Charge registered #6Lender: Aldermore Bank PLC
- 2024-11-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-05🔓Charge satisfied #4
- 2024-10-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-23🔒Charge registered #4Lender: Kensington Mortgage Company Limited
- 2024-10-22🔒Charge registered #5Lender: Kensington Mortgage Company Limited
- 2024-10-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-09🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2024-03-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-06🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2022-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-22🔒Charge registered #1Lender: Kensington Mortgage Company Limited
- 2022-06-15🏢Company incorporatedAs FLEX PROPERTY RENTALS LTD
- 2022-06-15➕BRADLEY, Robert appointeddirector
- 2022-06-15📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Bradley Individual · British · DOB 02/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/06/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GEORGIA PROPERTIES LIMITED→ SC807883 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GERARD MCGLADE LIMITED→ SC256642 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| GETLET LETTINGS LIMITED→ SC878508 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GFS DEVELOPMENTS LTD.→ SC395388 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| GFS LAND LTD.→ SC395391 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| GHULAM NABI PROPERTIES LTD→ SC572742 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| GIBSONCORP LTD→ SC853131 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GILLANI PROPERTY LTD→ SC878473 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GLENALA EDUCATION LTD→ SC383854 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GLENCROFT PROPERTY (SCOTLAND) LIMITED→ SC711647 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GLJ (PROPERTY) LIMITED→ SC567567 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| GLM LETTINGS LTD→ SC762894 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2022-06-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Suite 3.10 Dalziel Building
7 Scott Street
Motherwell
ML1 1PN
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (1 active · 0 resigned)
BRADLEY, Robert→
Activedirector · ~43y · appointed 2022-06-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
6
Outstanding
4
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 14/07/2025 | — | |
| outstanding | Mortgage Works (UK) Mortgage Works (UK) PLC | A registered charge | 1 property | 01/05/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 15/01/2025 | — | |
| satisfied | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 23/10/2024 | 05/11/2024 | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 22/10/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 09/10/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 06/07/2023 | — | |
| satisfied | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 22/12/2022 | 16/01/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-30
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2026-03-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-15