HOMES FOR LIFE HOUSING PARTNERSHIP

🌳Matureactive

SC188299 · private-limited-guarant-nsc-limited-exemption · incorporated 1998-07-31

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 opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 75 → 55
· Opportunity score: 78 → 70
· Bankability: 85 → 75

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 27.3y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 78 → 70
↓Hygiene score: 75 → 55
↓Bankability: 85 → 75

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

70/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Renting and operating of Housing Association real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

35 live charges · 2 lenders · oldest 27.3y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 27.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 43/100 — workable, but lender will want more DD.

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

35 charges (35/35 with lender, 35/35 with type)

Directors & officers

81 officers (10 active, 81 linked, 77 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

296 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 3 officers

Counts from Companies House filing history.

Corporate timeline (246 events)Click to expand

2026-02-24
➖
STRANG, Raymond resigned
director
2026-02-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-26
➖
BERRY, Otis Jacob Mitchell resigned
director
2026-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-03
➕
STRANG, Raymond appointed
director
2025-10-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-26
📄
accounts-with-accounts-type-full
accounts · AA
2025-09-24
➕
BERRY, Otis Jacob Mitchell appointed
director
2025-09-24
➖
ROSE, David William resigned
director
2025-05-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-21
➖
MACDONALD, Neil resigned
director
2024-10-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-10
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-25
➕
ROBERTSON, Scott Alan appointed
director
2024-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-21
➕
RAHMAN, Shamsu appointed
director
2024-08-21
➕
YAQUB, Jav appointed
director
2024-07-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-22
➖
KRASTEVA, Olga Petkova resigned
director
2024-06-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-30
➖
GRIFFITHS-EMMETT, Ruby Helen resigned
director
2024-02-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-24
➕
GRIFFITHS-EMMETT, Ruby Helen appointed
director
2024-01-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-16
➖
WIGHT, Donna Jean Margaret resigned
director
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-13
➖
LEITCH, Gordon Stevenson resigned
director
2023-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-06
➕
LEISHMAN, David Ferguson Ross Hill appointed
director
2023-11-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-16
🔓
Charge satisfied #21
2023-11-16
🔓
Charge satisfied #15
2023-11-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-07
🔓
Charge satisfied #35
2023-11-07
🔓
Charge satisfied #34
2023-11-07
🔓
Charge satisfied #33
2023-11-07
🔓
Charge satisfied #32
2023-11-02
➖
RUSSELL, Craig resigned
director
2023-11-02
🔓
Charge satisfied #31
2023-11-02
🔓
Charge satisfied #30
2023-11-02
🔓
Charge satisfied #29
2023-11-02
🔓
Charge satisfied #28
2023-11-02
🔓
Charge satisfied #27

Showing most recent 50 of 246 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

68/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 18 years.

Red flags

1 high · 2 med ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-26

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BERRY, Otis Jacob Mitchell resigned 2026-01-26; ROSE, David William resigned 2025-09-24; STRANG, Raymond resigned 2026-02-24

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.

🔒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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1998-07-31

Jurisdictionscotland

Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Tolbooth Gate

57 Market Street

Haddington

East Lothian

EH41 3JG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-26OVERDUE

Last: 2025-05-12