TULLOCH PROPERTY LTD

🌿Early-stageactive
SC777062 · ltd · incorporated 2023-07-26
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
70/100
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: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 62/100. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 1.4y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.4 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
3 charges (3/3 with lender, 3/3 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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Average employees0100

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 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-17
    🔒
    Charge registered #3
    Lender: Mortgage Works (UK) PLC
  3. 2026-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-02-12
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  7. 2024-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-12-10
    🔒
    Charge registered #1
    Lender: Kensington Mortgage Company Limited
  9. 2024-12-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-12-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-07-26
    🏢
    Company incorporated
    As TULLOCH PROPERTY LTD
  14. 2023-07-26
    TULLOCH, Blair John appointed
    director
  15. 2023-07-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder name in company name: Company name contains director surname "TULLOCH" — strong identity link between founder and business.
  • +Young company: Only 2.8 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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Blair John Tulloch
Individual · Scottish · DOB 12/1994 · age 32
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/07/2023

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
Incorporated2023-07-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 Innes Place
Lossiemouth
Moray
IV31 6FN
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-08
Last: 2025-07-25

Officers (1 active · 0 resigned)

TULLOCH, Blair John
director · ~32y · appointed 2023-07-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Mortgage Works (UK)
Mortgage Works (UK) PLC
A registered charge1 property17/03/2026
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property12/02/2025
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property10/12/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-18
change-person-director-company-with-change-date
officers · CH01
2024-12-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
incorporation-company
incorporation · NEWINC
2023-07-26