KEAN PROPERTIES LIMITED

💤Zombieactive
SC170778 · ltd · incorporated 1996-12-18
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 Dec 2024
Net worth
£-264
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

22 live charges · 5 lenders · oldest 29.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 29.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
22 charges (22/22 with lender, 22/22 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £264
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
~ YoY
Net Worth
-£264
↑ 91% YoY
Current Assets
—
Current Liabilities
—
-£3k-£2k-£300£994£2k£4kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-264£-2.9k
Cash£3.6k£3.6k
Net assets£-264£-2.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2023-07-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-07-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2018-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-03-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2016-10-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-12-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-02-26
    🔓
    Charge satisfied #22
  17. 2015-02-26
    🔓
    Charge satisfied #20
  18. 2015-02-26
    🔓
    Charge satisfied #21
  19. 2015-02-26
    🔓
    Charge satisfied #19
  20. 2015-02-26
    🔓
    Charge satisfied #18
  21. 2015-02-26
    🔓
    Charge satisfied #17
  22. 2015-02-26
    🔓
    Charge satisfied #16
  23. 2015-02-26
    🔓
    Charge satisfied #15
  24. 2015-02-26
    🔓
    Charge satisfied #14
  25. 2015-02-26
    🔓
    Charge satisfied #13
  26. 2015-02-26
    🔓
    Charge satisfied #12
  27. 2015-02-26
    🔓
    Charge satisfied #11
  28. 2015-02-26
    🔓
    Charge satisfied #10
  29. 2015-02-26
    🔓
    Charge satisfied #9
  30. 2015-02-26
    🔓
    Charge satisfied #8
  31. 2015-02-26
    🔓
    Charge satisfied #7
  32. 2015-02-26
    🔓
    Charge satisfied #6
  33. 2015-02-26
    🔓
    Charge satisfied #5
  34. 2015-02-26
    🔓
    Charge satisfied #4
  35. 2015-02-26
    🔓
    Charge satisfied #3
  36. 2015-02-26
    🔓
    Charge satisfied #1
  37. 2010-11-19
    🔒
    Charge registered #22
    Lender: Royal Bank of Scotland PLC
  38. 2009-10-14
    🔒
    Charge registered #20
    Lender: Royal Bank of Scotland PLC
  39. 2009-10-13
    🔒
    Charge registered #21
    Lender: Royal Bank of Scotland PLC
  40. 2007-09-14
    🔒
    Charge registered #19
    Lender: The Royal Bank of Scotland PLC
  41. 2005-09-22
    🔒
    Charge registered #18
    Lender: Scottish Enterprise
  42. 2005-08-19
    🔒
    Charge registered #17
    Lender: The Royal Bank of Scotland PLC
  43. 2005-08-19
    🔒
    Charge registered #16
    Lender: Scottish Enterprise
  44. 2005-03-30
    🔒
    Charge registered #15
    Lender: The Royal Bank of Scotland PLC
  45. 2005-02-25
    🔒
    Charge registered #14
    Lender: The Royal Bank of Scotland PLC
  46. 2005-02-04
    🔒
    Charge registered #13
    Lender: The Royal Bank of Scotland PLC
  47. 2005-02-04
    🔒
    Charge registered #12
    Lender: Scottish Enterprise
  48. 2004-07-14
    🔒
    Charge registered #11
    Lender: South Lanarkshire Council
  49. 2004-07-14
    🔒
    Charge registered #10
    Lender: The Royal Bank of Scotland PLC
  50. 2004-07-13
    🔓
    Charge satisfied #2
Showing most recent 50 of 68 events

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "KEAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

C.V.O. Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
C.V.O. Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
KEAN PROPERTIES LIMITED
This company · SC170778

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%
NameSharesVoting rightsNature of controlNotified
C.V.O. Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control18/07/2023
1 historic (ceased) PSC
  • Mr James Harkins Keanceased 18/07/2023· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated1996-12-18
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

1 Cambuslang Court
Cambuslang
Glasgow
G32 8FH

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (2 active · 3 resigned)

KEAN, Paul→
secretary · appointed 2002-05-16
View their other companies + combined net worth →
Active
KEAN, James Harkins→
director · ~66y · appointed 1996-12-18
View their other companies + combined net worth →
Active
KEAN, Ann→
secretary · appointed 1996-12-18 · resigned 2002-05-16
Resigned
FIRST SCOTTISH SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1996-12-18 · resigned 1996-12-18
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
corporate-nominee-director · appointed 1996-12-18 · resigned 1996-12-18
Resigned

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

Mortgages & charges

22
Total charges
0
Outstanding
0
Active lenders
Status:Lender:22 of 22 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property19/11/201026/02/2015
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property14/10/200926/02/2015
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property13/10/200926/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/09/200726/02/2015
satisfied
Scottish Enterprise
Standard security1 property22/09/200526/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property19/08/200526/02/2015
satisfied
Scottish Enterprise
Standard security1 property19/08/200526/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property30/03/200526/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property25/02/200526/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property04/02/200526/02/2015
satisfied
Scottish Enterprise
Standard security1 property04/02/200526/02/2015
satisfied
South Lanarkshire Council
Standard security1 property14/07/200426/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/07/200426/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property09/07/200426/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/07/200226/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property30/05/200226/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/03/200226/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property15/01/200226/02/2015
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property08/01/200226/02/2015
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/01/200226/02/2015
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property22/05/199713/07/2004
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property12/03/199726/02/2015

Recent filings (125 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-12-19