58PROP001 LTD
🌿Early-stageactive
NI692828 · ltd · incorporated 2022-11-25
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-148.9k
book net assets
Opportunity
72/100
Strong
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
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 3.3y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £148,949
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£149k
↓ 132% YoY
Current Assets
£319k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-25 | 2024-05-25 |
|---|---|---|
| Total assets | £318.9k | £320.5k |
| Current assets | £318.9k | £320.5k |
| Cash | — | £3.0k |
| Debtors | — | £0 |
| Net assets | £-148.9k | £-64.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-21🔓Charge satisfied #2
- 2024-08-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-24🔒Charge registered #2Lender: Wingate Square Capital Limited
- 2023-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-06🔒Charge registered #1Lender: Wingate Square Capital Limited
- 2022-11-25🏢Company incorporatedAs 58PROP001 LTD
- 2022-11-25➕MCKITTRICK, Angela appointeddirector
- 2022-11-25➕MCKITTRICK, Stephen appointeddirector
- 2022-11-25📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Mckittrick Individual · British · DOB 01/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/11/2022 |
Mrs Angela Mckittrick Individual · British · DOB 08/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/11/2022 |
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
Active · Property · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALLINAMALLARD ENTERPRISE COMPANY LIMITED→ NI034886 · est 1998 | £236.5k £201.0k–£271.9k | — | £236.5k | — | 27y | 83 | 86y |
| ANTRIM COUNTY INVESTMENT MANAGERS LIMITED→ NI020714 · est 1987 | £141.8k £120.5k–£163.0k | — | £141.8k | — | 38y | 83 | 78y |
| 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 |
| AHOGHILL COMMUNITY PROPERTY DEVELOPMENT COMPANY LTD→ NI055105 · est 2005 | — | — | — | 400 | 21y | 83 | 89y |
| ARDFOYLE TRUST→ NI016968 · est 1983 | — | — | — | 700 | 42y | 83 | 87y |
| ARDILAUN LTD→ NI057602 · est 2005 | — | — | — | 400 | 20y | 83 | 76y |
| ASHTREE INVESTMENTS LIMITED→ NI026837 · est 1992 | — | — | — | 300 | 33y | 83 | 63y |
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
Typeltd
Incorporated2022-11-25
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Forsyth House
Cromac Square
Belfast
BT2 8LA
Northern Ireland
Filing status
Accounts
Next due: 2027-02-25
Last made up to: 2025-05-25
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (2 active · 0 resigned)
MCKITTRICK, Angela→
Activedirector · ~55y · appointed 2022-11-25
View their other companies + combined net worth →
MCKITTRICK, Stephen→
Activedirector · ~55y · appointed 2022-11-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Wingate Square Capital Wingate Square Capital Limited | A registered charge | 1 property | 24/02/2023 | 21/03/2025 | |
| outstanding | Wingate Square Capital Wingate Square Capital Limited | A registered charge | 1 property | 06/02/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (15 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-14
change-person-director-company-with-change-date
officers · CH01
2024-05-21
change-person-director-company-with-change-date
officers · CH01
2024-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-21
change-account-reference-date-company-current-extended
accounts · AA01
2023-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-08
incorporation-company
incorporation · NEWINC
2022-11-25