2M PROPERTY DEVELOPMENTS LIMITED
- 68100Buying and selling of own real estate
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 2.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £151.2k | £-10.4k |
| Current assets | £9.3k | £25.7k |
| Cash | £3.1k | £24.5k |
| Debtors | £6.2k | £1.2k |
| Net assets | £92.1k | £-10.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (12 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-29🔒Charge registered #1Lender: Robert Bond
- 2023-03-28🏢Company incorporatedAs 2M PROPERTY DEVELOPMENTS LIMITED
- 2023-03-28➕BARCLAY, Max Alastair Lovat appointeddirector
- 2023-03-28➕BOND-MCINNES, Michael John appointeddirector
- 2023-03-28📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Bond-Mcinnes Individual · British · DOB 09/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/03/2023 |
Mr Max Alastair Lovat Barclay Individual · British · DOB 05/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/03/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Robert Bond | A registered charge | 1 property | 29/02/2024 | — |