ACTIVE TULZ REAL ESTATE LTD

🌱Startupactive
SC816481 · ltd · incorporated 2024-07-15
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
69/100
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
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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 (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 0.8y

35/100
too messy

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

  • · Newest facility, 0.8 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-31
Average employees0

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
4
filings
  • 2 mortgage
  • 1 accounts
  • 1 confirmation-statement
Last 90 days
4
filings
  • 2 mortgage
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 mortgage
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-04-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-04-09
    🔓
    Charge satisfied #2
  5. 2026-04-01
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  6. 2025-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-07-31
    🔒
    Charge registered #2
    Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
  8. 2025-07-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-07-02
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  10. 2025-03-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2025-02-12
    ZINORO, Chenjerai resigned
    director
  12. 2025-02-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-02-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-07-15
    🏢
    Company incorporated
    As ACTIVE TULZ REAL ESTATE LTD
  16. 2024-07-15
    MATIKITI, Sithulisiwe appointed
    director
  17. 2024-07-15
    ZINORO, Chenjerai appointed
    director
  18. 2024-07-15
    📄
    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 1.8 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 med ·
3 new charges in last 12 months
medium

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

Evidence: 2026-04-01: A registered charge; 2025-07-31: A registered charge; 2025-07-02: A registered charge

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sithulisiwe Matikiti
Individual · British · DOB 04/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/07/2024
1 historic (ceased) PSC
  • Chenjerai Zinoroceased 12/02/2025· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2024-07-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

4 Almondvale South
Livingston
West Lothian
EH54 6FX
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (1 active · 1 resigned)

MATIKITI, Sithulisiwe
director · ~45y · appointed 2024-07-15
View their other companies + combined net worth →
Active
ZINORO, Chenjerai
director · ~54y · appointed 2024-07-15 · resigned 2025-02-12
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/04/2026
satisfied
Precise Mortgages
Charter Court Financial Services Limited Trading as Precise Mortgages
A registered charge5 properties31/07/202509/04/2026
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property02/07/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
termination-director-company-with-name-termination-date
officers · TM01
2025-02-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-19
incorporation-company
incorporation · NEWINC
2024-07-15