X SPACE REAL ESTATE LTD

🌱Startupactive
SC856565 · ltd · incorporated 2025-07-23
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
71/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 68310Real estate agencies
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
7 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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-22
    📄
    capital-allotment-shares
    capital · SH01
  5. 2025-09-21
    ISSO, Isso appointed
    director
  6. 2025-09-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-07-23
    🏢
    Company incorporated
    As X SPACE REAL ESTATE LTD
  8. 2025-07-23
    ALENEZI, Abdullah appointed
    secretary
  9. 2025-07-23
    ALENEZI, Abdullah appointed
    director
  10. 2025-07-23
    📄
    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 0.8 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Isso Isso
Individual · British · DOB 01/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/02/2026
Mr Abdullah Alenezi
Individual · Stateless · DOB 01/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/07/2025

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.

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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
Incorporated2025-07-23
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

26 Fern Crescent
Countess Wells
Aberdeen
AB15 8NZ
Scotland

Filing status

Accounts
Next due: 2027-04-23
Last made up to:
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12

Officers (3 active · 0 resigned)

ALENEZI, Abdullah
secretary · appointed 2025-07-23
View their other companies + combined net worth →
Active
ALENEZI, Abdullah
director · ~49y · appointed 2025-07-23
View their other companies + combined net worth →
Active
ISSO, Isso
director · ~48y · appointed 2025-09-21
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-12
change-person-director-company-with-change-date
officers · CH01
2026-02-12
capital-allotment-shares
capital · SH01
2025-09-22
appoint-person-director-company-with-name-date
officers · AP01
2025-09-21
incorporation-company
incorporation · NEWINC
2025-07-23