TN & HC PROPERTY LEASING LTD

🌳Matureactive
SC116125 · ltd · incorporated 1989-02-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 86-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 86). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-31

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 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-04-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-05-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-01-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2016-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2015-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-05-13
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  16. 2015-05-11
    ➕
    THE A9 PARTNERSHIP LIMITED appointed
    corporate-secretary
  17. 2015-05-11
    ➖
    MONCREIFF, Thomas Norman resigned
    secretary
  18. 2014-12-04
    ➕
    MONCRIEFF, Helena Christina appointed
    director
  19. 2014-12-04
    ➖
    LEASK, Robert resigned
    director
  20. 1990-02-10
    ➖
    LEDINGHAM CHALMERS resigned
    corporate-nominee-secretary
  21. 1989-06-29
    ➕
    MONCRIEFF, Thomas Norman appointed
    director
  22. 1989-06-29
    ➕
    LEASK, Robert appointed
    director
  23. 1989-06-29
    ➖
    DURANO LIMITED resigned
    corporate-nominee-director
  24. 1989-02-10
    🏢
    Company incorporated
    As TN & HC PROPERTY LEASING LTD
  25. 1989-02-10
    ➕
    LEDINGHAM CHALMERS appointed
    corporate-nominee-secretary
  26. 1989-02-10
    ➕
    DURANO LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
Critical — business is the founder

The 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 37 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 86 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 86 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 37 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Thomas Norman Moncrieff
Individual · British · DOB 08/1940 · age 86
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Helena Christina Moncrieff
Individual · British · DOB 11/1943 · age 83
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1989-02-10
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

47 Commercial Road
Lerwick
Shetland
ZE1 0NJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25

Officers (3 active · 4 resigned)

THE A9 PARTNERSHIP LIMITED→
corporate-secretary · appointed 2015-05-11
View their other companies + combined net worth →
Active
MONCRIEFF, Helena Christina→
director · ~83y · appointed 2014-12-04
View their other companies + combined net worth →
Active
MONCRIEFF, Thomas Norman→
director · ~86y · appointed 1989-06-29
View their other companies + combined net worth →
Active
MONCREIFF, Thomas Norman→
secretary · resigned 2015-05-11
Resigned
LEDINGHAM CHALMERS→
corporate-nominee-secretary · appointed 1989-02-10 · resigned 1990-02-10
Resigned
LEASK, Robert→
director · ~82y · appointed 1989-06-29 · resigned 2014-12-04
Resigned
DURANO LIMITED→
corporate-nominee-director · appointed 1989-02-10 · resigned 1989-06-29
Resigned

Click a director name to see their full track record across all companies.

Recent filings (86 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-dormant
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-dormant
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-dormant
accounts · AA
2023-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26
accounts-with-accounts-type-dormant
accounts · AA
2022-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26
accounts-with-accounts-type-dormant
accounts · AA
2021-05-21
accounts-with-accounts-type-dormant
accounts · AA
2021-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-27
accounts-with-accounts-type-dormant
accounts · AA
2019-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-28