AUDAX COMMERCIAL PROPERTY (UK) LTD

🌿Early-stageactive
SC798198 · ltd · incorporated 2024-02-07
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 Feb 2025
Net worth
£25.0k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
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. 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, 4 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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
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 £25,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£25k
Current Assets
Current Liabilities
£0£5k£10k£15k£20k£25kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£25.0k
Net assets£25.0k
Average employees0

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-02-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2024-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-11-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-03-27
    AUDAX HOLDINGS (UK) LIMITED resigned
    corporate-director
  7. 2024-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-02-07
    🏢
    Company incorporated
    As AUDAX COMMERCIAL PROPERTY (UK) LTD
  9. 2024-02-07
    BLOWES, Naomi appointed
    director
  10. 2024-02-07
    BLOWES, Thomas James appointed
    director
  11. 2024-02-07
    AUDAX HOLDINGS (UK) LIMITED appointed
    corporate-director
  12. 2024-02-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

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.)

Group structure

Audax Holdings (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Audax Holdings (Uk) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AUDAX COMMERCIAL PROPERTY (UK) LTD
This company · SC798198

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
Audax Holdings (Uk) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/02/2024

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

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.

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Company details

Statusactive
Typeltd
Incorporated2024-02-07
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

15 Meikle Kemp Lane
Galashiels
TD1 2QQ
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (2 active · 1 resigned)

BLOWES, Naomi
director · ~33y · appointed 2024-02-07
View their other companies + combined net worth →
Active
BLOWES, Thomas James
director · ~33y · appointed 2024-02-07
View their other companies + combined net worth →
Active
AUDAX HOLDINGS (UK) LIMITED
corporate-director · appointed 2024-02-07 · resigned 2024-03-27
Resigned

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

Recent filings (9 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-03-27
incorporation-company
incorporation · NEWINC
2024-02-07