LINEN QUARTER REAL ESTATE LIMITED

🌿Early-stageactive
SC770992 · ltd · incorporated 2023-05-30
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
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Turnover
year to May 2024
Net worth
£10.0k
book net assets
Opportunity
60/100
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
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (73/100)

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
Confirmed no charges registered
85
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
10 connected companies via shared directors
75
Filing history
8 filings
60
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
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £9,992

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£10k
Current Assets
£18k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-05-31
Total assets£10.0k
Current assets£18.0k
Net assets£10.0k

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 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-05-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-05-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-05-30
    🏢
    Company incorporated
    As LINEN QUARTER REAL ESTATE LIMITED
  7. 2023-05-30
    TURNBULL, Steven Francis appointed
    director
  8. 2023-05-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Group structure

The Deeside Lp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Deeside Lp
Corporate parent · holds 75-100% shares · board control
ultimate parent
LINEN QUARTER REAL ESTATE LIMITED
This company · SC770992

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Deeside Lp
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/05/2023

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

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
Incorporated2023-05-30
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

The Engine Shed
Winterthur Lane
Dunfermline
Fife
KY12 7BD
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-12
Last: 2025-05-29

Officers (1 active · 0 resigned)

TURNBULL, Steven Francis
director · ~54y · appointed 2023-05-30
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-06
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
change-person-director-company-with-change-date
officers · CH01
2025-05-21
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
incorporation-company
incorporation · NEWINC
2023-05-30