P & R LETTING (AYRSHIRE) LIMITED
🌳Matureactive
SC229227 · ltd · incorporated 2002-03-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (65/100).
🏦
Refinance opportunity
35 live charges · 3 lenders · oldest 24.0y
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 24.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
35 charges (35/35 with lender, 35/35 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 13 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
162 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
48
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
6
filings
- • 2 accounts
- • 2 other
- • 2 mortgage
Last 180 days
7
filings
- • 2 accounts
- • 2 other
- • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (110 events)Click to expand
- 2026-04-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-04-14📄legacyaccounts · PARENT_ACC
- 2026-04-14📄legacyother · GUARANTEE2
- 2026-04-14📄legacyother · AGREEMENT2
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-24🔒Charge registered #35Lender: Ares Management Limited (As Security Agent)
- 2026-03-24🔒Charge registered #34Lender: Ares Management Limited (As Security Agent)
- 2026-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-19➖COXHEAD, Christopher James resigneddirector
- 2025-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-25🔒Charge registered #33Lender: Ares Management Limited (As Security Agent)
- 2025-06-25🔒Charge registered #32Lender: Ares Management Limited (As Security Agent)
- 2025-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-06🔒Charge registered #31Lender: Ares Management Limited (As Security Agent)
- 2025-03-18📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-03-18📄legacyaccounts · PARENT_ACC
- 2025-03-18📄legacyother · GUARANTEE2
- 2025-03-18📄legacyother · AGREEMENT2
- 2025-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-31➕BARTER-NG, Lisa appointeddirector
- 2025-01-31➕COXHEAD, Christopher James appointeddirector
- 2024-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-04📄legacyaccounts · PARENT_ACC
- 2024-07-04📄legacyother · AGREEMENT2
- 2024-07-04📄legacyother · GUARANTEE2
- 2023-10-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-24➖JENKINS, David resigneddirector
- 2023-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-05🔒Charge registered #30Lender: Ares Management Limited (As Security Agent)
- 2023-10-05🔒Charge registered #29Lender: Ares Management Limited (As Security Agent)
- 2023-09-29🔒Charge registered #28Lender: Ares Management Limited (As Security Agent)
- 2023-05-08➕JENKINS, David appointeddirector
- 2023-01-12🔒Charge registered #27Lender: Ares Management Limited (As Security Agent)
- 2023-01-12🔒Charge registered #26Lender: Ares Management Limited (As Security Agent)
- 2023-01-06🔒Charge registered #25Lender: Ares Management Limited (As Security Agent)
- 2023-01-06🔒Charge registered #24Lender: Ares Management Limited (As Security Agent)
- 2023-01-06🔒Charge registered #23Lender: Ares Management Limited (As Security Agent)
- 2022-10-26➕BOOTY, Stephen Martin appointeddirector
- 2022-10-26➕WILSON, Clare Elizabeth appointeddirector
- 2022-10-26➖HUME, Peter resignedsecretary
- 2022-10-26➖BURNS, Isla Margaret resigneddirector
- 2022-10-26➖BURNS, Kirsten Helen resigneddirector
- 2022-10-26➖BURNS, Robert resigneddirector
- 2022-10-26➖HUME, Andrew resigneddirector
- 2022-10-26➖HUME, Peter John resigneddirector
- 2022-10-26➖HUME, Peter resigneddirector
Showing most recent 50 of 110 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
Red flags
1 high · 2 med · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-29
5 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-24: A registered charge; 2026-03-24: A registered charge; 2025-06-25: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
13 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Bright Stars Nursery Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Bright Stars Nursery Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
P & R LETTING (AYRSHIRE) LIMITED
This company · SC229227
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 |
|---|---|---|---|---|
Bright Stars Nursery Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/10/2022 |
2 historic (ceased) PSCs
- Mr Robert Burnsceased 26/10/2022· 25-50% shares · 25-50% voting
- Mr Peter Humeceased 26/10/2022· significant influence
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
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|---|---|---|---|---|---|---|---|
| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWEEDDALE COURT (EDINBURGH) LIMITED→ SC074222 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| TWO ROBS LIMITED→ SC855594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| U.Z. PROPERTIES LIMITED→ SC686120 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UM PROPERTY MANAGEMENT LIMITED→ SC797099 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| UMEGA ESTATE AGENTS LIMITED→ SC690316 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UMEGA NEW HOMES LIMITED→ SC694772 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UNICORN MARKETS C.I.C.→ SC760209 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| V&A HOUSES LTD→ SC788882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER DEVELOPMENTS LTD→ SC796661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER NORTH EAST PROPERTY INVESTMENTS LTD→ SC863574 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2002-03-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Argyll House
Quarrywood Court
Livingston
West Lothian
EH54 6AX
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-03-29OVERDUE
Last: 2025-03-15
Officers (3 active · 13 resigned)
BARTER-NG, Lisa→
Activedirector · ~55y · appointed 2025-01-31
View their other companies + combined net worth →
BOOTY, Stephen Martin→
Activedirector · ~72y · appointed 2022-10-26
View their other companies + combined net worth →
WILSON, Clare Elizabeth→
Activedirector · ~53y · appointed 2022-10-26
View their other companies + combined net worth →
HUME, Peter→
Resignedsecretary · appointed 2002-03-15 · resigned 2022-10-26
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-03-15 · resigned 2002-03-15
BURNS, Isla Margaret→
Resigneddirector · ~25y · appointed 2021-06-23 · resigned 2022-10-26
BURNS, Kirsten Helen→
Resigneddirector · ~21y · appointed 2021-08-10 · resigned 2022-10-26
BURNS, Robert→
Resigneddirector · ~64y · appointed 2002-03-15 · resigned 2022-10-26
COXHEAD, Christopher James→
Resigneddirector · ~44y · appointed 2025-01-31 · resigned 2025-12-19
HUME, Andrew→
Resigneddirector · ~35y · appointed 2021-06-23 · resigned 2022-10-26
HUME, Peter John→
Resigneddirector · ~37y · appointed 2021-06-23 · resigned 2022-10-26
HUME, Peter→
Resigneddirector · ~63y · appointed 2012-12-18 · resigned 2022-10-26
HUME, Roseanne→
Resigneddirector · ~65y · appointed 2021-06-23 · resigned 2022-10-26
JENKINS, David→
Resigneddirector · ~51y · appointed 2023-05-08 · resigned 2023-10-24
REID, Nichola→
Resigneddirector · ~38y · appointed 2021-06-23 · resigned 2022-10-26
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-03-15 · resigned 2002-03-15
Click a director name to see their full track record across all companies.
Mortgages & charges
35
Total charges
13
Outstanding
1
Active lenders
Status:Lender:35 of 35 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 24/03/2026 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 24/03/2026 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 25/06/2025 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 25/06/2025 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 06/06/2025 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 05/10/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 05/10/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 29/09/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 12/01/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | 1 property | 12/01/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 06/01/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 06/01/2023 | — | |
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 06/01/2023 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 06/08/2015 | 12/08/2022 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 19/09/2008 | 01/07/2009 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/09/2008 | 18/08/2022 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 08/09/2008 | 12/08/2022 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 08/09/2008 | 12/08/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 10/08/2004 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/11/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/10/2003 | 12/08/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 06/10/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/06/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/05/2003 | 20/07/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/04/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/02/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/02/2003 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 31/12/2002 | 01/04/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/12/2002 | 20/07/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/11/2002 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/11/2002 | 11/03/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/11/2002 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/09/2002 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/05/2002 | 07/08/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 16/05/2002 | 09/06/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (162 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-04-14
legacy
accounts · PARENT_ACC
2026-04-14
legacy
other · GUARANTEE2
2026-04-14
legacy
other · AGREEMENT2
2026-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-02
termination-director-company-with-name-termination-date
officers · TM01
2026-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-03-18
legacy
accounts · PARENT_ACC
2025-03-18
legacy
other · GUARANTEE2
2025-03-18
legacy
other · AGREEMENT2
2025-03-18