MODRIS K PROPERTY LTD

🌿Early-stageactive

SC783295 · ltd · incorporated 2023-09-21

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 Sept 2024

Net worth

£200

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: Activities of property unit trusts

Sector: Financial & insurance

ALSO REGISTERED FOR

68100Buying and selling of own real estate
68209Other letting and operating of own or leased real estate
68310Real estate agencies

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

9 filings

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £200

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£200

Current Assets

£100

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30
Total assets	£200
Current assets	£100
Net assets	£200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2025-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-09
➕
KARKLINS, Modris appointed
director
2024-01-09
➖
RAGE, Inese resigned
director
2024-01-09
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-11
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2023-09-21
🏢
Company incorporated
As MODRIS K PROPERTY LTD
2023-09-21
➕
RAGE, Inese appointed
director
2023-09-21
📄
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 2.6 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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Modris Karklins Individual · Latvian · DOB 03/1984 · age 42	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	21/09/2023

1 historic (ceased) PSC

Mrs Inese Rageceased 09/04/2025· 25-50% shares · 25-50% 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 · Financial services · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EXCALIBUR INVESTMENTS LTD→ SC498043 · est 2015	—	—	£1	—	11y	78	63y
GARY YOUNGSON WEALTH MANAGEMENT LTD→ SC502200 · est 2015	—	—	£14.9k	—	11y	78	63y
RICHARD BAIN LTD→ SC451727 · est 2013	—	—	£8.6k	—	12y	78	71y
BIRKETT CHAMBERS LIMITED→ SC721785 · est 2022	—	—	—	300	4y	76	62y
CAMPBELL & ROSE HOLDINGS LTD→ SC816709 · est 2024	—	—	£35.1k	—	1y	76	62y
ILEASE LTD→ SC882582 · est 2026 · no financials extracted	—	—	—	—	—	71	47y
ORKNEY INSURANCE BROKERS LTD→ SC760644 · est 2023	—	—	£46.3k	—	3y	71	44y
POLLARD PROPERTY AND MORTGAGES LTD→ SC707909 · est 2021	—	—	£196.0k	—	4y	71	45y
BRORA FINANCIAL SERVICES LTD.→ SC334344 · est 2007	—	—	£-4.4k	—	18y	65	67y
BAILLIE WIND FARM COMMUNITY BENEFIT FUND→ SC455608 · est 2013	—	—	£-2.3k	—	12y	61	84y
STEINBERG INVESTMENTS→ SC671157 · est 2020 · 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.

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Company details

Statusactive

Typeltd

Incorporated2023-09-21

Jurisdictionscotland

Primary SIC64305 — Activities of property unit trusts

Registered office

52 Milton House

Bridge Street

Halkirk

KW12 6YH

Scotland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-10-04

Last: 2025-09-20

Officers (1 active · 1 resigned)

KARKLINS, Modris→

director · ~42y · appointed 2024-01-09

View their other companies + combined net worth →

Active

RAGE, Inese→

director · ~46y · appointed 2023-09-21 · resigned 2024-01-09

Resigned

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

Recent filings (9 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-30

accounts-with-accounts-type-micro-entity

accounts · AA

2025-06-20

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-04-09

confirmation-statement-with-updates

confirmation-statement · CS01

2024-09-21

change-person-director-company-with-change-date

officers · CH01

2024-01-09

termination-director-company-with-name-termination-date

officers · TM01

2024-01-09

appoint-person-director-company-with-name-date

officers · AP01

2024-01-09

certificate-change-of-name-company

change-of-name · CERTNM

2023-10-11

incorporation-company

incorporation · NEWINC

2023-09-21