THE LEARMONTH PROPERTY INVESTMENT COMPANY, LIMITED
🌳Matureactive
SC019381 · ltd · incorporated 1936-10-30
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
80/100
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 90-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 90). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
29 live charges · 10 lenders · oldest 63.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 63.0 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
29 charges (29/29 with lender, 29/29 with type)
90
Directors & officers
13 officers (7 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
184 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
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
1
filing
- • 1 mortgage
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (90 events)Click to expand
- 2026-04-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-21🔓Charge satisfied #28
- 2025-08-13📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-26📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2024-10-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-04-04➕AMAR, Gidon appointeddirector
- 2023-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-11📄accounts-with-accounts-type-fullaccounts · AA
- 2022-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-30🔒Charge registered #31Lender: Handelsbanken PLC
- 2021-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-21📄accounts-with-accounts-type-fullaccounts · AA
- 2020-07-20➕BEEFORTH, Deborah appointedsecretary
- 2020-07-20➖SWIERS, Barry Peter resignedsecretary
- 2020-07-20📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-07-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-07-04📄accounts-with-accounts-type-fullaccounts · AA
- 2019-02-28➖URQUHART, Ronald Graham resigneddirector
- 2019-02-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-05-20🔓Charge satisfied #29
- 2013-02-20🔓Charge satisfied #26
- 2013-02-20🔓Charge satisfied #24
- 2013-02-20🔓Charge satisfied #23
- 2013-02-20🔓Charge satisfied #22
- 2013-02-20🔓Charge satisfied #25
- 2013-02-18🔒Charge registered #30Lender: Svenska Handelsbanken Ab (Publ)
- 2013-02-18🔒Charge registered #29Lender: Svenska Handelsbanken Ab (Publ)
- 2013-02-15🔒Charge registered #28Lender: Svenska Handelsbanken Ab (Publ)
- 2013-02-12🔒Charge registered #27Lender: Svenska Handelsbanken Ab (Publ)
- 2012-03-27➖HARRISON, Michael John resigneddirector
- 2010-07-19🔒Charge registered #26Lender: Barclays Bank PLC
- 2009-03-19🔓Charge satisfied #20
- 2009-03-19🔓Charge satisfied #19
- 2009-03-19🔓Charge satisfied #13
- 2009-02-26🔓Charge satisfied #21
- 2009-02-26🔓Charge satisfied #14
- 2009-02-26🔓Charge satisfied #12
- 2009-02-18🔒Charge registered #24Lender: Barclays Bank PLC
- 2009-02-16🔒Charge registered #23Lender: Barclays Bank PLC
- 2009-02-16🔒Charge registered #22Lender: Barclays Bank PLC
- 2009-02-12🔒Charge registered #25Lender: Barclays Bank PLC
- 2008-10-11🔓Charge satisfied #2
- 2008-10-11🔓Charge satisfied #1
- 2005-08-01➕HILL, James Maxwell appointeddirector
- 2005-01-31➕ROBSON, Martin appointeddirector
Showing most recent 50 of 90 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 90 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 90 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 90 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
County Properties Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
County Properties Group Limited
Corporate parent · holds 75-100% shares
⬇
THE LEARMONTH PROPERTY INVESTMENT COMPANY, LIMITED
This company · SC019381
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 |
|---|---|---|---|---|
County Properties Group Limited Corporate entity | 75–100% | — | 75-100% shares | 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
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LANDWARD SECURITIES (EDINBURGH) LIMITED→ SC052040 · est 1972 | £3.62M £3.07M–£4.16M | — | £3.62M | — | 53y | 83 | 62y |
| TEAM SCOTLAND LTD.→ SC282486 · est 2005 | £1.97M £1.67M–£2.26M | — | £1.97M | — | 21y | 83 | 63y |
| GATEWAY GLASGOW LTD→ SC219530 · est 2001 | £1.34M £1.14M–£1.54M | — | £1.34M | — | 25y | 83 | 64y |
| PAMABER PROPERTIES LIMITED→ SC147392 · est 1993 | £1.21M £1.03M–£1.39M | — | £1.21M | — | 32y | 83 | 78y |
| LYNE PROPERTIES (EDINBURGH) LIMITED→ SC028226 · est 1951 | £1.12M £947.9k–£1.28M | — | £1.12M | — | 75y | 83 | 85y |
| SANTOSHI ENTERPRISE LIMITED→ SC251221 · est 2003 | £669.9k £569.4k–£770.4k | — | £669.9k | — | 22y | 83 | 64y |
| FACTOTUM (SCOTLAND) LIMITED→ SC246244 · est 2003 | £338.5k £287.7k–£389.2k | — | £338.5k | — | 23y | 83 | 74y |
| THE OLD SAWMILL LIMITED→ SC299306 · est 2006 | £28.1k £23.9k–£32.3k | — | £28.1k | — | 20y | 83 | 63y |
| REDS RELAX ENJOY DEVELOP LIMITED→ SC293103 · est 2005 | £12.3k £10.4k–£14.1k | — | £12.3k | — | 20y | 83 | 60y |
| CODEBASE LTD→ SC437306 · est 2012 | — | £11.72M | — | 9600 | 13y | 84 | 60y |
| CLOCKWORK PROPERTIES LIMITED→ SC197325 · est 1999 | — | £400.3k | — | 200 | 26y | 83 | 55y |
| JEDDERFIELD INVESTMENTS LIMITED→ SC502005 · est 2015 | — | £19.5k | — | 0 | 11y | 83 | 69y |
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
Incorporated1936-10-30
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Level 5, 9 Haymarket Square
Edinburgh
EH3 8RY
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (7 active · 6 resigned)
Active
Active
Active
GUTHRIE, Peter John→
Activedirector · ~55y · appointed 2003-07-29
View their other companies + combined net worth →
GUTHRIE, Richard→
Activedirector · ~54y · appointed 2003-07-29
View their other companies + combined net worth →
HILL, James Maxwell→
Activedirector · ~52y · appointed 2005-08-01
View their other companies + combined net worth →
ROBSON, Martin→
Activedirector · ~51y · appointed 2005-01-31
View their other companies + combined net worth →
JOHNSON, James Martin→
Resignedsecretary · resigned 2003-07-29
SWIERS, Barry Peter→
Resignedsecretary · appointed 2003-07-29 · resigned 2020-07-20
BALL, Kenneth Francis→
Resigneddirector · ~85y · resigned 2004-12-31
HARRISON, Michael John→
Resigneddirector · ~79y · appointed 2005-01-31 · resigned 2012-03-27
SWIERS, Barry Peter→
Resigneddirector · ~71y · appointed 2003-07-29 · resigned 2005-01-31
URQUHART, Ronald Graham→
Resigneddirector · ~69y · appointed 1992-01-09 · resigned 2019-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
29
Total charges
3
Outstanding
2
Active lenders
Status:Lender:29 of 29 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/03/2022 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | Standard security | 1 property | 18/02/2013 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Standard security | 3 properties | 18/02/2013 | 20/05/2015 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal charge | 1 property | 15/02/2013 | 21/04/2026 | |
| outstanding | Svenska Handelsbanken Ab (Publ) | Bond & floating charge | 1 property | 12/02/2013 | — | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 3 properties | 19/07/2010 | 20/02/2013 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 18/02/2009 | 20/02/2013 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/02/2009 | 20/02/2013 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/02/2009 | 20/02/2013 | |
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 12/02/2009 | 20/02/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 2 properties | 11/04/2002 | 26/02/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 28/03/2002 | 19/03/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 28/03/2002 | 19/03/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 10/02/1997 | 19/08/2002 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/04/1995 | 19/08/2002 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 28/01/1992 | 19/03/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 02/12/1991 | 26/02/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 28/11/1991 | 26/02/2009 | |
| satisfied | Guardian Assurance Guardian Assurance PLC | Legal charge | 1 property | 26/09/1988 | 12/03/2002 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 11/01/1985 | 09/12/1994 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 01/11/1984 | 09/12/1994 | |
| satisfied | Guardian Assurance Guardian Assurance PLC | Legal charge | 1 property | 01/03/1984 | 12/03/2002 | |
| satisfied | Hambro Life Assurance Hambro Life Assurance PLC | Fixed charge | 3 properties | 29/04/1983 | 09/12/1994 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 29/01/1982 | 17/12/1991 | |
| satisfied | H F C Trust H F C Trust LTD | Standard security | 1 property | 15/01/1982 | 09/12/1994 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 26/09/1980 | 19/08/2002 | |
| satisfied | The British Linen Bank The British Linen Bank LTD | Standard security | 1 property | 24/09/1980 | 15/02/1982 | |
| satisfied | Hambro Life Assurance Hambro Life Assurance LTD | Legal charge | 1 property | 23/05/1979 | 11/10/2008 | |
| satisfied | Dunedin Building Society | Disposition and agreement and back letter | 2 properties | 05/06/1963 | 11/10/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (184 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-21
accounts-with-accounts-type-full
accounts · AA
2025-08-13
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-15
accounts-with-accounts-type-full
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-18
accounts-with-accounts-type-full
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
appoint-person-director-company-with-name-date
officers · AP01
2023-04-04
accounts-with-accounts-type-full
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-04
accounts-with-accounts-type-full
accounts · AA
2021-07-05