NORTHWIND (PROPERTIES) LIMITED
🌳Matureactive
SC223149 · ltd · incorporated 2001-09-12
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 24.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
£256.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 65/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 5 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · 2 lenders · oldest 24.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 24.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £256,620
Cash YoY
+166%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£43k
↑ 166% YoY
Net Worth
£257k
↑ 52% YoY
Current Assets
£544k
↑ 5.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | £2.19M | £1.69M |
| Current assets | £544.4k | £516.0k |
| Cash | £42.6k | £16.0k |
| Debtors | £501.8k | £500.0k |
| Net assets | £256.6k | £168.5k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 2 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-30🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 2026-01-30🔒Charge registered #12Lender: The Royal Bank of Scotland PLC
- 2025-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-09📄resolutionresolution · RESOLUTIONS
- 2021-04-09📄resolutionresolution · RESOLUTIONS
- 2021-03-25📄capital-allotment-sharescapital · SH01
- 2020-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-10🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2016-11-14🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2016-11-14🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2016-11-14🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2016-11-14🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2008-08-26🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2008-08-22🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2004-09-20🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2003-12-12🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2002-05-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2002-04-02➕MCDERMOTT, Barry John appointedsecretary
- 2002-04-02➕MCDERMOTT, Barry John appointeddirector
- 2002-04-02➕MCDERMOTT, Marisa Liana appointeddirector
- 2002-04-02➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-04-02➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2001-09-12🏢Company incorporatedAs NORTHWIND (PROPERTIES) LIMITED
- 2001-09-12➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2001-09-12➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
Owner dependency
84/100
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.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 low12 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Marisa Liana Mcdermott Individual · British · DOB 07/1974 · age 52 | 50–75% | — | 50-75% shares | 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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| CAIRN LETTING LIMITED→ SC210819 · est 2000 | £40.0k £34.0k–£46.0k | — | £40.0k | — | 25y | 83 | 58y |
| AR (WELLMEADOW) LTD→ SC393743 · est 2011 | £5.0k £4.2k–£5.7k | — | £5.0k | — | 15y | 83 | 59y |
| AMBASSADOR REAL ESTATE INVESTMENTS LTD→ SC393740 · est 2011 | £100 £85–£115 | — | £100 | — | 15y | 83 | 59y |
| HOWE STREET PROPERTIES LIMITED→ SC435893 · est 2012 | — | £24.9k | — | 0 | 13y | 84 | 65y |
| ROSS & LIDDELL LIMITED→ SC097770 · est 1986 | — | — | — | 100 | 40y | 84 | 60y |
| AEROBLUE LIMITED→ SC185922 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 73y |
| BALMORE ESTATES LIMITED→ SC435326 · est 2012 | — | — | — | 300 | 13y | 83 | 60y |
| BEARSDEN SOLUTIONS LTD→ SC394655 · est 2011 | — | — | — | 100 | 15y | 83 | 60y |
| BROOMPARK DEVELOPMENTS LIMITED→ SC156310 · est 1995 · no financials extracted | — | — | — | — | 31y | 83 | 85y |
| YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2001-09-12
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
20 Croftcroighn Road
Glasgow
G33 3SL
Scotland
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (3 active · 2 resigned)
MCDERMOTT, Barry John→
Activesecretary · appointed 2002-04-02
View their other companies + combined net worth →
MCDERMOTT, Barry John→
Activedirector · ~59y · appointed 2002-04-02
View their other companies + combined net worth →
MCDERMOTT, Marisa Liana→
Activedirector · ~52y · appointed 2002-04-02
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2001-09-12 · resigned 2002-04-02
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2001-09-12 · resigned 2002-04-02
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
12
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 30/01/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 30/01/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 10/12/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 14/11/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/11/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/11/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/11/2016 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 26/08/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 22/08/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 2 properties | 20/09/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/12/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 29/05/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-07
resolution
resolution · RESOLUTIONS
2021-04-09