R M R PROPERTIES LIMITED
🌳Matureactive
NI021302 · ltd · incorporated 1988-02-12
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 78-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, 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
6 live charges · 3 lenders · oldest 36.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 36.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (5/6 with lender, 6/6 with type)
87
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-27🔓Charge satisfied #6
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-02📄resolutionresolution · RESOLUTIONS
- 2020-01-02📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2020-01-02📄capital-name-of-class-of-sharescapital · SH08
- 2020-01-02📄resolutionresolution · RESOLUTIONS
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-31📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-01-31📄capital-name-of-class-of-sharescapital · SH08
- 2019-01-31📄resolutionresolution · RESOLUTIONS
- 2019-01-31📄resolutionresolution · RESOLUTIONS
- 2013-10-10🔓Charge satisfied #5
- 2008-03-18🔒Charge registered #5Lender: Ulster Bank Limited
- 2001-07-19🔒Charge registered #4Lender: Ulster Bank Limited
- 1999-09-27🔒Charge registered #3Lender: East
- 1995-03-23🔒Charge registered #2Lender: Ulster Bank LTD
- 1995-01-09🔒Charge registered #1Mortgage or charge
- 1989-08-03🔒Charge registered #6Lender: Ulster Bank Limited
- 1988-02-12🏢Company incorporatedAs R M R PROPERTIES LIMITED
- 1988-02-12➕RUSSELL, Margaret appointedsecretary
- 1988-02-12➕RUSSELL, Margaret appointeddirector
- 1988-02-12➕RUSSELL, Richard A appointeddirector
Owner dependency
91/100
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.
- +Long-tenure founder: Senior director has been in place 38 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
96/100
Likely off-market candidateStrong 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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 38 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Russell Individual · British · DOB 08/1982 · age 44 | — | — | board controlboard control | 31/03/2025 |
1 historic (ceased) PSC
- Mr Richard Russellceased 31/03/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| JECK LTD→ NI616037 · est 2012 | — | £11.66M | — | 2700 | 13y | 84 | 59y |
| CFR 75 LIMITED→ NI623827 · est 2014 | — | £791.1k | — | 0 | 12y | 84 | 59y |
| MCCARTHY PRIME PROPERTIES LTD→ NI052166 · est 2004 | — | £10.9k | — | 0 | 21y | 88 | 80y |
| HILLVIEW LODGE LIMITED→ NI025138 · est 1990 | — | — | — | 187 | 35y | 87 | 76y |
| STRATHDEN LIMITED→ NI626346 · est 2014 | — | — | — | 200 | 11y | 85 | 62y |
| ADREM INVESTMENTS LIMITED→ NI031681 · est 1996 | — | — | — | 0 | 29y | 83 | 77y |
| YELLOW STONE PROPERTY LIMITED→ NI654944 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| YOUNGE LTD→ NI646522 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| YOUNGS BROUGHSHANE LIMITED→ NI006685 · est 1966 · no financials extracted | — | — | — | — | 60y | — | — |
| YOUR PROPERTY GEEKS LTD→ NI641449 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| YYAI LTD→ NI738577 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| Z PROPERTY GROUP LIMITED→ NI648483 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1988-02-12
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Laganvue
31 Creevagh Road
Londonderry
Co.Londonderry
BT48 9XE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (3 active · 0 resigned)
Active
RUSSELL, Margaret→
Activedirector · ~78y · appointed 1988-02-12
View their other companies + combined net worth →
RUSSELL, Richard A→
Activedirector · ~72y · appointed 1988-02-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 18/03/2008 | 10/10/2013 | |
| outstanding | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 19/07/2001 | — | |
| outstanding | NatWest Group East / Ulster Bank Limited | Mortgage or charge | 1 property | 27/09/1999 | — | |
| outstanding | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 23/03/1995 | — | |
| outstanding | Unknown | Mortgage or charge | 1 property | 09/01/1995 | — | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage debenture | 2 properties | 03/08/1989 | 27/04/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-01