LB PROPERTIES (SCOTLAND) LTD

💤Zombieactive
SC742737 · ltd · incorporated 2022-08-30
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 Aug 2025
Net worth
£-1.7k
book net assets
Opportunity
71/100
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.

What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. 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).

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,747

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 116% YoY
Current Assets
£110
↓ 65% YoY
Current Liabilities
-£2k-£1k-£923-£510-£98£314Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£-1.7k£-808
Current assets£110£314
Net assets£-1.7k£-808

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
4
filings
  • 2 persons-with-significant-control
  • 2 officers
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-03-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-08-30
    🏢
    Company incorporated
    As LB PROPERTIES (SCOTLAND) LTD
  9. 2022-08-30
    BROWN, Leonard appointed
    director
  10. 2022-08-30
    BROWN, Leonard appointed
    director
  11. 2022-08-30
    BROWN, Leonard resigned
    director
  12. 2022-08-30
    📄
    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 Leonard Brown
Individual · British · DOB 08/1993 · age 33
75100%
75–100%75-100% shares · 75-100% voting30/08/2022
1 historic (ceased) PSC
  • Mr Leonard Brownceased 30/08/2022· 75-100% shares · 75-100% voting · board control

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 · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LML PROPERTIES LIMITED
SC347772 · est 2008 · no financials extracted
17y
LOBRAICO PROPERTY LTD
SC635695 · est 2019 · no financials extracted
6y
LOCHALSH ESTATES LIMITED
SC106710 · est 1987 · no financials extracted
38y
LOPEZ MILLON INVESTMENTS LIMITED
SC777916 · est 2023 · no financials extracted
2y
LOUIS HUNTER PROPERTIES LIMITED
SC839929 · est 2025 · no financials extracted
1y
LOULOCH PROPERTIES LTD
SC861464 · est 2025 · no financials extracted
LOUMEG LTD.
SC284915 · est 2005 · no financials extracted
20y
LOVE PROPERTY NETWORK LTD
SC853009 · est 2025 · no financials extracted
LOVE YOUR STAYS LTD
SC640615 · est 2019 · no financials extracted
6y
LOVEGREENE LETTINGS LTD
SC816436 · est 2024 · no financials extracted
1y
LOWDON GROUP LIMITED
SC867796 · est 2025 · no financials extracted
LS & OK LTD
SC691258 · est 2021 · no financials extracted
5y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2022-08-30
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

60 Drygrange Road
Glasgow
G33 5QA
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (1 active · 1 resigned)

BROWN, Leonard
director · ~33y · appointed 2022-08-30
View their other companies + combined net worth →
Active
BROWN, Leonard
director · ~56y · appointed 2022-08-30 · resigned 2022-08-30
Resigned

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

Recent filings (11 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-04
appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
incorporation-company
incorporation · NEWINC
2022-08-30