REMENHAM PROPERTIES LTD.

💤Zombieactive
SC229413 · ltd · incorporated 2002-03-20
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
—
not disclosed
Net worth
—
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
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 22.9y

30/100
under pressure

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

  • · Oldest live charge is 22.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (56/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
79 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.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 persons-with-significant-control
Last 180 days
4
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-05-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-05-06
    🔓
    Charge satisfied #3
  6. 2025-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2025-03-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2025-03-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-02-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-02-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-01-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-01-25
    🔓
    Charge satisfied #2
  17. 2019-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2019-12-05
    🔓
    Charge satisfied #1
  19. 2019-09-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-09-11
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  21. 2019-09-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2019-08-30
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  23. 2018-04-03
    ➖
    GILLESPIE MACANDREW DIRECTORS LIMITED resigned
    corporate-director
  24. 2009-12-03
    ➕
    GILLESPIE MACANDREW DIRECTORS LIMITED appointed
    corporate-director
  25. 2008-02-15
    ➕
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  26. 2008-02-15
    ➖
    GRAY, Steven Benjamin resigned
    secretary
  27. 2008-02-15
    ➖
    BOISSIER, Rupert John resigned
    director
  28. 2003-07-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  29. 2003-06-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 2002-03-20
    🏢
    Company incorporated
    As REMENHAM PROPERTIES LTD.
  31. 2002-03-20
    ➕
    GRAY, Steven Benjamin appointed
    director
  32. 2002-03-20
    ➕
    GRAY, Steven Benjamin appointed
    secretary
  33. 2002-03-20
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  34. 2002-03-20
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  35. 2002-03-20
    ➕
    BOISSIER, Rupert John appointed
    director
  36. 2002-03-20
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  37. 2002-03-20
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +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.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong 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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Steven Benjamin Gray
Individual · British · DOB 04/1967 · age 59
50–75%
50–75%50-75% shares · 50-75% voting17/04/2018
Ms Michele Clare Hayward
Individual · British · DOB 07/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting17/04/2018
2 historic (ceased) PSCs
  • Ms Jayne Elisabeth Grayceased 17/04/2018· 25-50% shares · 25-50% voting
  • Mr Peter Nigel Grayceased 17/04/2018· 25-50% shares · 25-50% voting

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

7 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
Incorporated2002-03-20
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (2 active · 5 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED→
corporate-secretary · appointed 2008-02-15
View their other companies + combined net worth →
Active
GRAY, Steven Benjamin→
director · ~59y · appointed 2002-03-20
View their other companies + combined net worth →
Active
GRAY, Steven Benjamin→
secretary · appointed 2002-03-20 · resigned 2008-02-15
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2002-03-20 · resigned 2002-03-20
Resigned
BOISSIER, Rupert John→
director · ~59y · appointed 2002-03-20 · resigned 2008-02-15
Resigned
GILLESPIE MACANDREW DIRECTORS LIMITED→
corporate-director · appointed 2009-12-03 · resigned 2018-04-03
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2002-03-20 · resigned 2002-03-20
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—11/09/2019—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/08/201906/05/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/07/200325/01/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/06/200305/12/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-15
accounts-with-accounts-type-dormant
accounts · AA
2025-03-14
gazette-notice-compulsory
gazette · GAZ1
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-dormant
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-dormant
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31