EUROPA PROPERTY COMPANY (NORTHERN) LIMITED

🌳Matureactive

02873450 · ltd · incorporated 1993-11-15

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

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 30.6y

35/100

too messy

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

· Oldest live charge is 30.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

26 officers (6 active, 26 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

37 connected companies via shared directors

Filing history

164 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 3 address
• 1 accounts
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (80 events)Click to expand

2026-05-13
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2026-02-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-13
📍
move-registers-to-sail-company-with-new-address
address · AD03
2026-01-13
📍
change-sail-address-company-with-new-address
address · AD02
2026-01-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
🔓
Charge satisfied #7
2024-04-10
🔓
Charge satisfied #6
2024-04-10
🔓
Charge satisfied #5
2024-04-10
🔓
Charge satisfied #4
2024-04-10
🔓
Charge satisfied #3
2024-04-10
🔓
Charge satisfied #2
2024-04-10
🔓
Charge satisfied #1
2023-12-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-14
📄
accounts-with-accounts-type-small
accounts · AA
2021-11-19
📄
accounts-with-accounts-type-small
accounts · AA
2021-03-08
📄
accounts-with-accounts-type-small
accounts · AA
2018-07-30
➕
MCCABE, Kevin Charles appointed
director
2018-01-05
➕
HONEYMAN, David appointed
director
2018-01-05
➖
WOTHERSPOON, Robert John William resigned
director
2017-08-08
➖
BOLT, Andrew Reginald resigned
director
2017-08-08
➕
WOTHERSPOON, Robert John William appointed
director
2016-07-20
➕
TUTTON, Jeremy John appointed
director
2016-07-20
➖
TANDY, Didier Michel resigned
director
2011-11-16
➕
ESPLANADE DIRECTOR LIMITED appointed
corporate-director
2009-03-19
➕
MCCABE, Simon Charles appointed
director
2009-03-19
➖
WELLS, David Morrison resigned
director
2009-03-09
➖
ROBERTSON, Rachel Elizabeth resigned
director
2008-02-28
➕
ESPLANADE SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2008-02-28
➖
VALAD SECRETARIAL SERVICES LIMITED resigned
corporate-secretary
2008-01-16
🔒
Charge registered #7
Lender: Bank of Scotland PLC
2008-01-16
🔒
Charge registered #6
Lender: Bank of Scotland PLC
2006-02-14
➖
MCCABE, Kevin Charles resigned
director
2005-07-11
➖
OLIVER, Paul Francis resigned
director
2005-07-11
➕
WELLS, David Morrison appointed
director
2004-03-17
➖
MCBRIDE, Stephen Paul resigned
secretary
2004-03-17
➖
RICHARDSON, Paul resigned
secretary
2004-03-09
🔒
Charge registered #5
Lender: Yorkshire Forward (Yorkshire and Humber Regional Development Agency)
2004-02-16
➕
VALAD SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2004-01-05
➖
ROBERTSON, Ian resigned
director
2004-01-05
➕
ROBERTSON, Rachel Elizabeth appointed
director

Showing most recent 50 of 80 events

Owner dependency

88/100

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Scarmac Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Scarmac Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

EUROPA PROPERTY COMPANY (NORTHERN) LIMITED

This company · 02873450

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Scarmac Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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

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ACE MASONRY FIXERS LTD→ 05970852 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ACINA COMMERCIAL LTD→ 13874618 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ACJ DEVELOPMENTS LIMITED→ 01877013 · est 1985 · no financials extracted	—	—	—	—	41y	—	—
ACL ESTATES LIMITED→ 05123638 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
ACL RESIDENTIAL LIMITED→ 13004587 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
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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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated1993-11-15

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

Unit A Podium

Thorpe Park View

Leeds

LS15 8GH

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-11-29

Last: 2025-11-15