MORRISON PROPERTIES LIMITED
🌳Matureactive
SC188124 · ltd · incorporated 1998-08-03
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 41201Construction of commercial buildings
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (68/100, director aged 53). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
12 live charges · 3 lenders · oldest 27.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 27.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 11 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (84 events)Click to expand
- 2025-09-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-13📄change-corporate-director-company-with-change-dateofficers · CH02
- 2020-05-28📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2020-05-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-05-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-22➕AWG CORPORATE SERVICES LIMITED appointedcorporate-secretary
- 2020-05-22➕TILBROOK, James Raymond appointeddirector
- 2020-05-22➖CLARKE, Elizabeth Ann Horlock resignedsecretary
- 2020-05-22➖PACEY, Nigel Edmund resigneddirector
- 2020-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-04-01➕CLARKE, Elizabeth Ann Horlock appointedsecretary
- 2015-03-31➖SHEPHEARD, Geoffrey Arthur George resignedsecretary
- 2011-12-20🔓Charge satisfied #9
- 2011-12-20🔓Charge satisfied #1
- 2011-11-24🔓Charge satisfied #12
- 2011-11-24🔓Charge satisfied #11
- 2011-11-24🔓Charge satisfied #10
- 2011-11-24🔓Charge satisfied #8
- 2011-11-24🔓Charge satisfied #7
- 2011-11-24🔓Charge satisfied #6
- 2011-11-24🔓Charge satisfied #5
- 2011-11-24🔓Charge satisfied #4
- 2010-09-09➕PACEY, Nigel Edmund appointeddirector
- 2005-07-01➖LOGUE, David Iain resigneddirector
- 2005-06-01➖TURNER, David Charles resignedsecretary
- 2005-01-31➕AWG PROPERTY DIRECTOR LIMITED appointedcorporate-director
- 2005-01-31➖MACKAY, Ewan William resigneddirector
- 2004-08-23➕SHEPHEARD, Geoffrey Arthur George appointedsecretary
- 2004-08-02➖BLYTH, Alastair Forbes resigneddirector
- 2003-11-21➖HUTCHISON, Graeme resigneddirector
- 2003-11-21➖MCDONALD, Derek resigneddirector
- 2003-11-21➖MIDDLETON, Douglas Alister resigneddirector
- 2003-03-10🔓Charge satisfied #3
- 2003-03-10🔓Charge satisfied #2
- 2002-10-21➕BLYTH, Alastair Forbes appointeddirector
- 2002-10-21➕LOGUE, David Iain appointeddirector
- 2002-09-30➖LEITH, Brian James resigneddirector
- 2002-08-19➖GILLEN, Seamus Joseph resignedsecretary
Showing most recent 50 of 84 events
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Morrison Residential Properties Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Morrison Residential Properties Limited
Corporate parent · holds 75-100% shares · board control
⬇
MORRISON PROPERTIES LIMITED
This company · SC188124
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Morrison Residential Properties Limited Corporate entity | 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.
🔒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 · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PEGASUS FIRE PROTECTION COMPANY LIMITED→ SC178102 · est 1997 | £12.82M £9.16M–£16.48M | £12.52M | — | 6300 | 28y | 88 | 75y |
| MAXI CONSTRUCTION LIMITED→ SC048718 · est 1971 | £9.09M £6.50M–£11.69M | — | — | 40 | 55y | 88 | 82y |
| THE EDINBURGH SCHOOLS PARTNERSHIP LIMITED→ SC206930 · est 2000 | £8.27M £5.91M–£10.63M | — | — | 0 | 26y | 84 | 65y |
| JOHN G. MACKINTOSH LIMITED→ SC281061 · est 2005 | £6.96M £4.97M–£8.95M | — | — | 241 | 21y | 88 | 66y |
| SERS ENERGY SOLUTIONS (SCOTLAND) LIMITED→ SC392085 · est 2011 | £6.04M £4.31M–£7.76M | — | — | 19 | 15y | 85 | 69y |
| LOCHAY HOMES LIMITED→ SC369988 · est 2009 | £5.04M £3.60M–£6.49M | — | — | 14 | 16y | 83 | 71y |
| COLORADO CONSTRUCTION & ENGINEERING LIMITED→ SC311182 · est 2006 | £3.04M £2.17M–£3.90M | £21.12M | — | 3800 | 19y | 87 | 64y |
| GORDON BOW PLANT HIRE LTD→ SC135116 · est 1991 | £1.57M £1.12M–£2.02M | £9.21M | — | 6200 | 34y | 86 | 68y |
| GEORGE SHARKEY & SONS LIMITED→ SC164725 · est 1996 | £779.7k £556.9k–£1.00M | — | — | 68 | 30y | 84 | 66y |
| OMEGA LIFT SERVICES LIMITED→ SC243098 · est 2003 | £720.0k £514.3k–£925.7k | — | — | 1600 | 23y | 83 | 55y |
| DATS - DESIGN AND TRAINING SOLUTIONS LTD→ SC441708 · est 2013 | £1.5k £1.1k–£1.9k | £81.2k | — | 100 | 13y | 100 | 59y |
| 3 ED SISTERCO LIMITED→ SC328041 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 65y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1998-08-03
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05
Officers (3 active · 19 resigned)
AWG CORPORATE SERVICES LIMITED→
Activecorporate-secretary · appointed 2020-05-22
View their other companies + combined net worth →
TILBROOK, James Raymond→
Activedirector · ~53y · appointed 2020-05-22
View their other companies + combined net worth →
AWG PROPERTY DIRECTOR LIMITED→
Activecorporate-director · appointed 2005-01-31
View their other companies + combined net worth →
CLARKE, Elizabeth Ann Horlock→
Resignedsecretary · appointed 2015-04-01 · resigned 2020-05-22
FOX, Jacqueline Elizabeth→
Resignedsecretary · appointed 2000-12-08 · resigned 2002-05-17
GILLEN, Seamus Joseph→
Resignedsecretary · appointed 2002-05-17 · resigned 2002-08-19
MORRISON, John→
Resignedsecretary · appointed 1998-09-28 · resigned 2001-06-14
SHEPHEARD, Geoffrey Arthur George→
Resignedsecretary · appointed 2004-08-23 · resigned 2015-03-31
TURNER, David Charles→
Resignedsecretary · appointed 2002-08-19 · resigned 2005-06-01
QUEENSFERRY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-08-03 · resigned 1998-09-28
BLYTH, Alastair Forbes→
Resigneddirector · ~68y · appointed 2002-10-21 · resigned 2004-08-02
DONNELLY, Anthony→
Resigneddirector · ~62y · appointed 1998-09-28 · resigned 2000-10-05
HUTCHISON, Graeme→
Resigneddirector · ~66y · appointed 1998-09-28 · resigned 2003-11-21
LEITH, Brian James→
Resigneddirector · ~80y · appointed 1998-09-28 · resigned 2002-09-30
LOGUE, David Iain→
Resigneddirector · ~68y · appointed 2002-10-21 · resigned 2005-07-01
MACKAY, Ewan William→
Resigneddirector · ~64y · appointed 2000-10-05 · resigned 2005-01-31
MCDONALD, Derek→
Resigneddirector · ~59y · appointed 2000-12-15 · resigned 2003-11-21
MIDDLETON, Douglas Alister→
Resigneddirector · ~57y · appointed 2000-12-15 · resigned 2003-11-21
PACEY, Nigel Edmund→
Resigneddirector · ~69y · appointed 2010-09-09 · resigned 2020-05-22
ROBB, Gordon William→
Resigneddirector · ~79y · appointed 1998-09-28 · resigned 2000-12-15
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
0
Outstanding
0
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Assignment | 1 property | 24/05/2002 | 24/11/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 2 properties | 24/05/2002 | 24/11/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 16/05/2001 | 24/11/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 14/05/2001 | 20/12/2011 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Assignation | 1 property | 26/03/1999 | 24/11/2011 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Assignation | 1 property | 20/01/1999 | 24/11/2011 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Assignation of performance bond | 1 property | 06/01/1999 | 24/11/2011 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Assignation | 1 property | 18/12/1998 | 24/11/2011 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Standard security | 1 property | 06/11/1998 | 24/11/2011 | |
| satisfied | Hugh Macrae & Company (Builders) Hugh Macrae & Company (Builders) Limited | Standard security | 1 property | 23/10/1998 | 10/03/2003 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Standard security | 1 property | 23/10/1998 | 10/03/2003 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Bond & floating charge | 1 property | 15/10/1998 | 20/12/2011 |
Recent filings (143 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-13
accounts-with-accounts-type-dormant
accounts · AA
2024-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-dormant
accounts · AA
2023-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-dormant
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-03
accounts-with-accounts-type-dormant
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-08-16
accounts-with-accounts-type-dormant
accounts · AA
2021-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13