HALLIDAY FRASER MUNRO (PROPERTIES) LIMITED
💤Zombieactive
SC146348 · ltd · incorporated 1993-09-09
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
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 80-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · oldest 32.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1 | 100 |
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 (33 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-05-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-02-01➕BOYD, Elaine appointedsecretary
- 2015-02-01➖MILLER, Mhairi Elizabeth resignedsecretary
- 2013-06-11🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2012-03-30➖FRASER, Ian Grant resigneddirector
- 2012-03-30➖MUNRO, Hamish Burns resigneddirector
- 2006-09-01➕MILLER, Mhairi Elizabeth appointedsecretary
- 2006-09-01➖PAULL & WILLIAMSONS resignedcorporate-secretary
- 1993-11-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1993-11-01🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1993-10-15➕HALLIDAY, John appointeddirector
- 1993-10-15➖MIDDLETON, Sandra Elizabeth resignednominee-secretary
- 1993-10-15➕PAULL & WILLIAMSONS appointedcorporate-secretary
- 1993-10-15➕FRASER, Ian Grant appointeddirector
- 1993-10-15➖MCNIVEN, Alan Ross resignednominee-director
- 1993-10-15➕MUNRO, Hamish Burns appointeddirector
- 1993-09-09🏢Company incorporatedAs HALLIDAY FRASER MUNRO (PROPERTIES) LIMITED
- 1993-09-09➕MIDDLETON, Sandra Elizabeth appointednominee-secretary
- 1993-09-09➕MCNIVEN, Alan Ross appointednominee-director
Owner dependency
100/100
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 name in company name: Company name contains director surname "HALLIDAY" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
100/100
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 80 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 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
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 |
|---|---|---|---|---|
Brigid Teresa Mary Halliday Individual · British · DOB 10/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr John Halliday Individual · British · DOB 06/1946 · age 80 | — | — | sig. influencesignificant influence | 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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GOODLAD PROPERTIES LIMITED→ SC278555 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| GORDON INVESTMENT CORPORATION LIMITED→ SC122112 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| GRAMPIAN PROPERTY BUYERS LTD→ SC711109 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GRAND PROPERTIES ABERDEEN LTD→ SC712912 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GRANITE CITY RENTALS LTD→ SC824447 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GREYMATTER PROPERTY INVESTMENTS LTD→ SC777380 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| H2N HOUSING LTD→ SC707055 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HAIGH PROPERTY RENTALS LIMITED→ SC769569 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HAMMERSMITH PROPERTIES LIMITED→ SC441198 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| HAMR PROPERTIES LTD→ SC741450 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HANDYL PROPERTIES LIMITED→ SC536421 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HARDHAUGH PROPERTIES LIMITED→ SC686450 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Typeltd
Incorporated1993-09-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
8 Victoria Street
Aberdeen
AB10 1XB
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (2 active · 6 resigned)
Active
HALLIDAY, John→
Activedirector · ~80y · appointed 1993-10-15
View their other companies + combined net worth →
MIDDLETON, Sandra Elizabeth→
Resignednominee-secretary · appointed 1993-09-09 · resigned 1993-10-15
MILLER, Mhairi Elizabeth→
Resignedsecretary · appointed 2006-09-01 · resigned 2015-02-01
PAULL & WILLIAMSONS→
Resignedcorporate-secretary · appointed 1993-10-15 · resigned 2006-09-01
FRASER, Ian Grant→
Resigneddirector · ~74y · appointed 1993-10-15 · resigned 2012-03-30
MCNIVEN, Alan Ross→
Resignednominee-director · ~76y · appointed 1993-09-09 · resigned 1993-10-15
MUNRO, Hamish Burns→
Resigneddirector · ~80y · appointed 1993-10-15 · resigned 2012-03-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/06/2013 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 16/11/1993 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 01/11/1993 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
change-person-director-company-with-change-date
officers · CH01
2025-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-24