BFS LIVING LTD

🌱Startupactive
SC833057 · ltd · incorporated 2025-01-03
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
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 65/100 (strong), bankability 47/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 0.8y

0/100
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.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 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
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 mortgage
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
3
filings
  • 2 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-05-01
    🔒
    Charge registered #5
    Lender: The Mortgage Works (UK) PLC
  3. 2025-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-19
    🔒
    Charge registered #4
    Lender: Lendinvest Btl Limited
  5. 2025-09-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-09-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-09-01
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  8. 2025-09-01
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  9. 2025-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-07-30
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  11. 2025-01-03
    🏢
    Company incorporated
    As BFS LIVING LTD
  12. 2025-01-03
    SALEEM, Burhan appointed
    director
  13. 2025-01-03
    📄
    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 1.3 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 · 1 low
5 new charges in last 12 months
medium

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

Evidence: 2026-05-01: A registered charge; 2025-12-19: A registered charge; 2025-09-01: A registered charge

5 live charges
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Burhan Saleem
Individual · British · DOB 04/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/01/2025

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 →
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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.

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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
Incorporated2025-01-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7-9 Lovat Place
Rutherglen
Glasgow
G73 5HS
Scotland

Filing status

Accounts
Next due: 2026-10-03
Last made up to:
Confirmation statement
Next due: 2027-01-16
Last: 2026-01-02

Officers (1 active · 0 resigned)

SALEEM, Burhan
director · ~36y · appointed 2025-01-03
View their other companies + combined net worth →
Active

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

Mortgages & charges

5
Total charges
5
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/05/2026
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property19/12/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property01/09/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property01/09/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property30/07/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-01
incorporation-company
incorporation · NEWINC
2025-01-03