TWELVE LIONS PROPERTIES

🌳Matureactive
NI017575 · private-unlimited · incorporated 1984-06-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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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
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 24.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 24.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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 (31 events)Click to expand
  1. 2025-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2024-04-25
    PATTON, Karen appointed
    secretary
  3. 2024-04-25
    PATTON, Karen appointed
    director
  4. 2024-04-25
    PATTON, Olive Shirley resigned
    secretary
  5. 2024-04-25
    PATTON, Olive Shirley resigned
    director
  6. 2024-04-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-04-25
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2024-04-25
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2023-10-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-12-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2018-11-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2018-01-21
    PATTON, David Martin resigned
    director
  15. 2015-10-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-11-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-04-17
    📄
    appoint-person-director-company-with-name
    officers · AP01
  18. 2014-04-16
    PATTON, Andrew David Neil appointed
    director
  19. 2013-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2013-02-19
    📄
    legacy
    mortgage · MG02
  21. 2013-02-19
    📄
    legacy
    mortgage · MG02
  22. 2013-02-19
    🔓
    Charge satisfied #3
  23. 2013-02-19
    🔓
    Charge satisfied #1
  24. 2013-02-19
    🔓
    Charge satisfied #2
  25. 2004-08-31
    🔒
    Charge registered #3
    Lender: Northern Bank LTD
  26. 2002-03-05
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  27. 2002-03-04
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  28. 1984-06-21
    🏢
    Company incorporated
    As TWELVE LIONS PROPERTIES
  29. 1984-06-21
    PATTON, Olive Shirley appointed
    secretary
  30. 1984-06-21
    PATTON, David Martin appointed
    director
  31. 1984-06-21
    PATTON, Olive Shirley appointed
    director

Owner dependency

81/100
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
  • +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.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.
  • secondary12+ year tenure: Director in role 12 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew David Neil Patton
Individual · British · DOB 07/1962 · age 64
75100%
75–100%75-100% shares · 75-100% voting07/08/2020
2 historic (ceased) PSCs
  • Mrs Olive Shirley Pattonceased 07/08/2020· 25-50% shares · 25-50% voting
  • Mr David Martin Pattonceased 21/01/2018· 25-50% shares · 25-50% voting

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 →

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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.

See pricing →

Company details

Statusactive
Typeprivate-unlimited
Incorporated1984-06-21
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

51-53 Thomas Street
Ballymena
County Antrim
BT43 6AZ

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (3 active · 3 resigned)

PATTON, Karen
secretary · appointed 2024-04-25
View their other companies + combined net worth →
Active
PATTON, Andrew David Neil
director · ~64y · appointed 2014-04-16
View their other companies + combined net worth →
Active
PATTON, Karen
director · ~68y · appointed 2024-04-25
View their other companies + combined net worth →
Active
PATTON, Olive Shirley
secretary · appointed 1984-06-21 · resigned 2024-04-25
Resigned
PATTON, David Martin
director · ~92y · appointed 1984-06-21 · resigned 2018-01-21
Resigned
PATTON, Olive Shirley
director · ~90y · appointed 1984-06-21 · resigned 2024-04-25
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property31/08/200419/02/2013
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property05/03/200219/02/2013
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property04/03/200219/02/2013

Recent filings (78 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-04-25
appoint-person-director-company-with-name-date
officers · AP01
2024-04-25
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-25
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-13