LENORA INVESTMENTS LIMITED
🌳Matureactive
SC097955 · ltd · incorporated 1986-03-21
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 37.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£474.2k
book net assets
Opportunity
79/100
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 81-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 7 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · oldest 37.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 37.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £474,215
Cash YoY
+24%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£87k
↑ 24% YoY
Net Worth
£474k
↑ 2.4% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Cash | £87.0k | £69.8k |
| Net assets | £474.2k | £463.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (35 events)Click to expand
- 2025-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-10📄capital-alter-shares-subdivisioncapital · SH02
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-05➕KEOHONE, Claire Annabel appointeddirector
- 2019-08-05➕PENMAN, Laura Kate appointeddirector
- 2019-08-05➕WEBSTER, Jamie Laird appointeddirector
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-03-31➖WEBSTER, Linda resignedsecretary
- 2012-03-31➖WEBSTER, Linda resigneddirector
- 2000-11-30➕WEBSTER, Linda appointeddirector
- 2000-03-28➕WEBSTER, Richard John appointeddirector
- 2000-03-28➖COWAN, Stephen resignedsecretary
- 2000-03-28➕WEBSTER, Linda appointedsecretary
- 2000-03-28➖CUMMINGS, Joseph resigneddirector
- 1995-11-17🔒Charge registered #7Lender: Tsb Bank Scotland PLC
- 1992-04-21🔒Charge registered #6Lender: Tsb Bank Scotland PLC
- 1991-02-01🔒Charge registered #5Lender: Tsb Bank Scotland PLC
- 1990-01-22🔒Charge registered #4Lender: Tsb Bank Scotland PLC
- 1989-08-09🔒Charge registered #3Lender: Tsb Bank Scotland PLC
- 1989-07-25🔒Charge registered #2Lender: Tsb Bank Scotland PLC
- 1989-01-20🔒Charge registered #1Lender: Tsb Bank Scotland PLC
- 1986-03-21🏢Company incorporatedAs LENORA INVESTMENTS LIMITED
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — 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 81 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 40 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 low7 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 Richard John Webster Individual · Scottish · DOB 04/1945 · age 81 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAC PROPCO LIMITED→ SC476076 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEMON2017 LIMITED→ SC573274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LHS ASSETS (SCOTLAND) LTD→ SC752575 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LI CORPORATE LTD→ SC765465 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LIAM RYAN PROPERTY LTD→ SC868007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1986-03-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
C/O Johnston Carmichael
227 West George Street
Glasgow
G2 2ND
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03
Officers (4 active · 4 resigned)
KEOHONE, Claire Annabel→
Activedirector · ~52y · appointed 2019-08-05
View their other companies + combined net worth →
PENMAN, Laura Kate→
Activedirector · ~50y · appointed 2019-08-05
View their other companies + combined net worth →
WEBSTER, Jamie Laird→
Activedirector · ~44y · appointed 2019-08-05
View their other companies + combined net worth →
WEBSTER, Richard John→
Activedirector · ~81y · appointed 2000-03-28
View their other companies + combined net worth →
COWAN, Stephen→
Resignedsecretary · resigned 2000-03-28
WEBSTER, Linda→
Resignedsecretary · appointed 2000-03-28 · resigned 2012-03-31
CUMMINGS, Joseph→
Resigneddirector · ~84y · resigned 2000-03-28
WEBSTER, Linda→
Resigneddirector · ~83y · appointed 2000-11-30 · resigned 2012-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 17/11/1995 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 21/04/1992 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 01/02/1991 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 22/01/1990 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 09/08/1989 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 25/07/1989 | — | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Dated 28/8/88 standard security | 1 property | 20/01/1989 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-29
change-person-director-company-with-change-date
officers · CH01
2022-11-28
change-person-director-company-with-change-date
officers · CH01
2022-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-13
capital-alter-shares-subdivision
capital · SH02
2021-12-10