THIRTEEN REAL ESTATE LTD

🌱Startupactive
SC833790 · ltd · incorporated 2025-01-11
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
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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
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2025-01-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-01-11
    🏢
    Company incorporated
    As THIRTEEN REAL ESTATE LTD
  3. 2025-01-11
    BROWN, Ian Scot Drysdale appointed
    director
  4. 2025-01-11
    MUNRO, Holly Rebecca appointed
    director
  5. 2025-01-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 1.3 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

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-24

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-01-16: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Holly Rebecca Munro
Individual · Scottish · DOB 09/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/01/2025
Mr Ian Scot Drysdale Brown
Individual · Scottish · DOB 08/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/01/2025

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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Company details

Statusactive
Typeltd
Incorporated2025-01-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7 Lowfield Crescent
Luncarty
Perth
PH1 3FG
Scotland

Filing status

Accounts
Next due: 2026-10-11
Last made up to:
Confirmation statement
Next due: 2026-01-24OVERDUE
Last:

Officers (2 active · 0 resigned)

BROWN, Ian Scot Drysdale
director · ~48y · appointed 2025-01-11
View their other companies + combined net worth →
Active
MUNRO, Holly Rebecca
director · ~35y · appointed 2025-01-11
View their other companies + combined net worth →
Active

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

Recent filings (2 total)

certificate-change-of-name-company
change-of-name · CERTNM
2025-01-16
incorporation-company
incorporation · NEWINC
2025-01-11