MAYBANK PROPERTIES (PERTH)
💤Zombieactive
SC037064 · private-unlimited · incorporated 1961-12-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
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 79-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
18 live charges · 4 lenders · oldest 38.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 38.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (55/100)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
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 3 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 3 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2026-03-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-31➖STEWART, Ian Gordon resigneddirector
- 2016-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-11-15🔓Charge satisfied #18
- 2016-01-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-11-03🔒Charge registered #18Lender: Spreadex Limited
- 2014-01-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-10📄termination-director-company-with-nameofficers · TM01
- 2011-09-22➖STEWART, Jessie Erskine resigneddirector
- 2011-08-10📄legacymortgage · MG03s
- 2011-08-09🔓Charge satisfied #12
- 2011-07-20📄legacymortgage · MG02s
- 2011-07-19🔓Charge satisfied #10
- 2011-07-11📄legacymortgage · MG02s
- 2011-07-08🔓Charge satisfied #16
- 2011-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2005-08-01➕STEWART, Ian Gordon appointeddirector
- 2004-03-06🔓Charge satisfied #4
- 1996-07-01🔓Charge satisfied #13
- 1995-06-09🔓Charge satisfied #2
- 1994-07-06🔓Charge satisfied #15
- 1994-07-01🔒Charge registered #17Lender: The Governor and Company of the Bank of Scotland
- 1993-12-17🔒Charge registered #16Lender: The Governor and Company of the Bank of Scotland
- 1993-12-15🔓Charge satisfied #1
- 1993-12-06🔒Charge registered #15Lender: The Governor and Company of the Bank of Scotland
- 1993-12-01🔓Charge satisfied #3
- 1990-07-09🔒Charge registered #14Lender: The Governor and Company of the Bank of Scotland
- 1990-06-21🔒Charge registered #13Lender: Abbey National PLC
- 1990-01-26🔒Charge registered #12Lender: The Governor and Company of the Bank of Scotland
- 1989-08-01🔒Charge registered #11Lender: The Governor and Company of the Bank of Scotland
- 1989-07-13🔒Charge registered #10Lender: The Governor and Company of the Bank of Scotland
- 1989-05-18🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 1989-03-15🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 1989-03-06🔒Charge registered #7Lender: The Governor and Company of the Bank of Scotland
- 1989-03-06🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1989-01-31🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1988-12-23🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1988-05-17🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1988-03-24🔒Charge registered #2Lender: North of Scotland Finance Company LTD
- 1987-10-09🔒Charge registered #1Lender: North of Scotland Finance Company LTD
- 1961-12-08🏢Company incorporatedAs MAYBANK PROPERTIES (PERTH)
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
85/100
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 79 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 64 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Henry Gordon Stewart Individual · British · DOB 08/1947 · age 79 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LOCHABER APARTMENTS LTD→ SC588660 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MITCHELL SCOTTISH PROPERTIES LIMITED→ SC563564 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MMCF PROPERTIES LTD→ SC661466 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MOARK LIMITED→ SC367316 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| MOLLYLETTS LIMITED→ SC598535 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MONTANA MANAGEMENT (DUNDEE) LIMITED→ SC344940 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| MORISON FAMILY PROPERTIES LTD→ SC800899 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MORRISONS PROPERTY (DUNDEE) LIMITED→ SC445793 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MORVEN ESTATES LIMITED→ SC241424 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| N E ASSETS LTD→ SC730147 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NORDMAN PROPERTY LTD→ SC512775 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| NORTHWOOD PORTFOLIO LIMITED→ SC703176 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1961-12-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
6 Atholl Crescent
Perth
PH1 5JN
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (2 active · 2 resigned)
Active
Active
STEWART, Ian Gordon→
Resigneddirector · ~52y · appointed 2005-08-01 · resigned 2025-10-31
STEWART, Jessie Erskine→
Resigneddirector · ~113y · resigned 2011-09-22
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
8
Outstanding
1
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Spreadex Spreadex Limited | A registered charge | 1 property | 03/11/2014 | 15/11/2016 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/07/1994 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/12/1993 | 08/07/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/12/1993 | 06/07/1994 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/07/1990 | — | |
| satisfied | Santander Abbey National PLC | Standard security | 1 property | 21/06/1990 | 01/07/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 26/01/1990 | 09/08/2011 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/08/1989 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/07/1989 | 19/07/2011 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 18/05/1989 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/03/1989 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/03/1989 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/03/1989 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 31/01/1989 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 23/12/1988 | 06/03/2004 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/05/1988 | 01/12/1993 | |
| satisfied | North of Scotland Finance Company North of Scotland Finance Company LTD | Standard security | 1 property | 24/03/1988 | 09/06/1995 | |
| satisfied | North of Scotland Finance Company North of Scotland Finance Company LTD | Standard security | 1 property | 09/10/1987 | 15/12/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (85 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
change-person-director-company-with-change-date
officers · CH01
2026-03-09
change-person-secretary-company-with-change-date
officers · CH03
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-11
mortgage-satisfy-charge-full
mortgage · MR04
2016-11-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-13