BONNY DREAM PROPERTIES LTD

💤Zombieactive
SC739766 · ltd · incorporated 2022-07-29
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 Jul 2024
Net worth
£-22.2k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68310Real estate agencies
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

9 live charges · 3 lenders · oldest 3.6y

5/100
under pressure

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

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 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
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
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £22,163
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£22k
Current Assets
£496
Current Liabilities
-£22k-£18k-£13k-£9k-£4k£496Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£82.9k
Current assets£496
Net assets£-22.2k

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-09-15
    🔒
    Charge registered #9
    Lender: The Mortgage Works (UK) PLC
  8. 2025-09-15
    🔒
    Charge registered #8
    Lender: The Mortgage Works (UK) PLC
  9. 2025-09-15
    🔒
    Charge registered #7
    Lender: The Mortgage Works (UK) PLC
  10. 2025-09-15
    🔒
    Charge registered #6
    Lender: The Mortgage Works (UK) PLC
  11. 2025-09-15
    🔒
    Charge registered #5
    Lender: The Mortgage Works (UK) PLC
  12. 2025-09-15
    🔒
    Charge registered #4
    Lender: The Mortgage Works (UK) PLC
  13. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2025-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2025-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2025-03-11
    🔓
    Charge satisfied #2
  17. 2025-03-11
    🔓
    Charge satisfied #1
  18. 2024-10-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-10-07
    🔒
    Charge registered #3
    Lender: Lendinvest Btl Limited
  20. 2024-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2024-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2022-10-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2022-10-12
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  24. 2022-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2022-10-05
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  26. 2022-07-29
    🏢
    Company incorporated
    As BONNY DREAM PROPERTIES LTD
  27. 2022-07-29
    CRICHTON, Fiona Elizabeth appointed
    director
  28. 2022-07-29
    📄
    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

2 med · 1 low
6 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-09-15: A registered charge; 2025-09-15: A registered charge; 2025-09-15: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

7 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
Miss Fiona Elizabeth Crichton
Individual · British · DOB 09/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/07/2022

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

11 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
Incorporated2022-07-29
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 Melville Street
Falkirk
FK1 1HZ
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-03-04
Last: 2026-02-18

Officers (1 active · 0 resigned)

CRICHTON, Fiona Elizabeth
director · ~49y · appointed 2022-07-29
View their other companies + combined net worth →
Active

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

Mortgages & charges

9
Total charges
7
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/09/2025
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property07/10/2024
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property12/10/202211/03/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge05/10/202211/03/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25