AU145 LIMITED
🌱Startupactive
SC837633 · ltd · incorporated 2025-02-13
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
- 2026-04-09➖ULHAQ, Yasmin resigneddirector
- 2026-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-05➕ULHAQ, Yasmin appointeddirector
- 2025-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-13🏢Company incorporatedAs AU145 LIMITED
- 2025-02-13➕ULHAQ, Adnan appointeddirector
- 2025-02-13➕ULHAQ, Anwar appointeddirector
- 2025-02-13📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.2 years old — management layer unlikely to be developed.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — ULHAQ, Adnan (same surname) appointed 2025-02-13. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adnan Ulhaq Individual · British · DOB 01/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/02/2025 |
Mr Anwar Ulhaq Individual · British · DOB 01/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/02/2025 |
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 →Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BIELSIDE PROPERTIES LIMITED→ SC252782 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BO’NESS DECOR LTD→ SC770065 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOND 2 SUCCEED LTD→ SC793998 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BONNYRIGG ELECTRICAL SERVICES LIMITED→ SC839331 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BORDERS ELITE LIMITED→ SC815552 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BORDERS TASK BUSTERS LTD→ SC869998 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOYD BROTHERS (FAULDHOUSE) LIMITED→ SC080852 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BOYLE SERVICES HOLDING LIMITED→ SC801683 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRAW BOTHIES LTD→ SC856857 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRICKY SQUAD LTD→ SC789387 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BRIO RETIREMENT LIVING (CHAPELTON) LIMITED→ SC557400 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BROWN & MCILWAINE JOINERY LTD→ SC779335 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2025-02-13
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
111 Caiyside
Edinburgh
EH10 7HR
Scotland
Filing status
Accounts
Next due: 2026-11-13
Last made up to: —
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09
Officers (2 active · 1 resigned)
ULHAQ, Adnan→
Activedirector · ~44y · appointed 2025-02-13
View their other companies + combined net worth →
ULHAQ, Anwar→
Activedirector · ~68y · appointed 2025-02-13
View their other companies + combined net worth →
ULHAQ, Yasmin→
Resigneddirector · ~48y · appointed 2025-11-05 · resigned 2026-04-09
Click a director name to see their full track record across all companies.
Recent filings (4 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
appoint-person-director-company-with-name-date
officers · AP01
2025-11-05
incorporation-company
incorporation · NEWINC
2025-02-13