PING PROPERTY SOLUTIONS LTD

🌿Early-stageactive
SC766660 · ltd · incorporated 2023-04-20
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 Apr 2025
Net worth
£12.7k
book net assets
Opportunity
71/100
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
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

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: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
Positive net assets
Net assets £12,741
Cash YoY
-39%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
↓ 39% YoY
Net Worth
£13k
↑ 102% YoY
Current Assets
£2k
↓ 35% YoY
Current Liabilities
£0£3k£5k£8k£10k£13kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£12.7k£6.3k
Current assets£1.9k£3.0k
Cash£100£165
Debtors£1.8k£2.8k
Net assets£12.7k£6.3k

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
5
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Last 90 days
5
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-04-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-04-20
    🏢
    Company incorporated
    As PING PROPERTY SOLUTIONS LTD
  10. 2023-04-20
    WATT, Anna Maria appointed
    director
  11. 2023-04-20
    WATT, Graeme appointed
    director
  12. 2023-04-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Graeme Watt
Individual · British · DOB 04/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/04/2023
Mrs Anna Maria Watt
Individual · Polish · DOB 08/1983 · age 43
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/04/2023

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

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
Incorporated2023-04-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2nd Floor 22-24 Blythswood Square
Glasgow
G2 4BG
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19

Officers (2 active · 0 resigned)

WATT, Anna Maria
director · ~43y · appointed 2023-04-20
View their other companies + combined net worth →
Active
WATT, Graeme
director · ~53y · appointed 2023-04-20
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)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-28
change-person-director-company-with-change-date
officers · CH01
2026-04-28
change-person-director-company-with-change-date
officers · CH01
2026-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
change-person-director-company-with-change-date
officers · CH01
2024-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-28
incorporation-company
incorporation · NEWINC
2023-04-20