AGP DEVELOPMENTS LTD

🌿Early-stageactive
SC796616 · ltd · incorporated 2024-01-25
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 Jan 2025
Net worth
£-200
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 65/100. 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · oldest 0.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 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
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £200

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£200
Current Assets
£5k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-31
Total assets£-200
Current assets£5.0k
Net assets£-200

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
7
filings
  • 6 mortgage
  • 1 confirmation-statement
Last 180 days
7
filings
  • 6 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-03-03
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  6. 2026-03-03
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  7. 2026-02-27
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  8. 2026-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2026-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2026-02-20
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  11. 2026-02-20
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  12. 2026-02-20
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  13. 2025-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2025-06-20
    ALLISON, Alisdair Jason resigned
    director
  15. 2025-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-01-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2024-01-25
    🏢
    Company incorporated
    As AGP DEVELOPMENTS LTD
  19. 2024-01-25
    PERFECT, Alexander Gellatly appointed
    director
  20. 2024-01-25
    ALLISON, Alisdair Jason appointed
    director
  21. 2024-01-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
6 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-03: A registered charge; 2026-03-03: A registered charge; 2026-02-27: A registered charge

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alisdair Jason Allison
Individual · British · DOB 09/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/01/2024
Mr Alexander Gellatly Perfect
Individual · British · DOB 12/1965 · age 61
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/01/2024

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
Incorporated2024-01-25
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

60 Constitution Street
Edinburgh
EH6 6RR
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (1 active · 1 resigned)

PERFECT, Alexander Gellatly
director · ~61y · appointed 2024-01-25
View their other companies + combined net worth →
Active
ALLISON, Alisdair Jason
director · ~36y · appointed 2024-01-25 · resigned 2025-06-20
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge3 properties03/03/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge3 properties03/03/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge2 properties27/02/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge20/02/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge20/02/2026
outstanding
Together Money
Together Commercial Finance Limited
A registered charge20/02/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
termination-director-company-with-name-termination-date
officers · TM01
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-31
change-person-director-company-with-change-date
officers · CH01
2024-01-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-29
incorporation-company
incorporation · NEWINC
2024-01-25