ARONA PROPERTIES LIMITED
🌳Matureactive
SC230360 · ltd · incorporated 2002-04-15
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
—
year to Apr 2025
Net worth
£3.02M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
56 live charges · 4 lenders · oldest 23.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
56 charges (56/56 with lender, 56/56 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
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3,021,090
Cash draining
Cash down 56% YoY
Cash YoY
-56%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£59k
↓ 56% YoY
Net Worth
£3.0m
↑ 5.2% YoY
Current Assets
£1.6m
↑ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £5.69M | £5.55M |
| Current assets | £1.59M | £1.37M |
| Cash | £59.5k | £134.7k |
| Debtors | £1.53M | £1.24M |
| Net assets | £3.02M | £2.87M |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (103 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-12-04🔒Charge registered #56Lender: The Mortgage Works
- 2008-06-13🔒Charge registered #55Lender: The Mortgage Works (UK) PLC
- 2007-12-27🔒Charge registered #54Lender: Paragon Mortgages Limited
- 2007-12-21🔒Charge registered #53Lender: Paragon Mortgages Limited
- 2007-12-21🔒Charge registered #52Lender: Paragon Mortgages Limited
- 2007-10-11🔒Charge registered #51Lender: Paragon Mortgages Limited
- 2007-06-29🔒Charge registered #50Lender: Paragon Mortgages Limited
- 2007-06-29🔒Charge registered #49Lender: Paragon Mortgages Limited
- 2007-03-15🔒Charge registered #48Lender: Paragon Mortgages Limited
- 2007-03-14🔒Charge registered #47Lender: Paragon Mortgages Limited
- 2007-02-08🔒Charge registered #46Lender: Paragon Mortgages Limited
- 2007-01-08🔓Charge satisfied #1
- 2006-11-29🔓Charge satisfied #24
- 2006-11-29🔓Charge satisfied #23
- 2006-11-29🔓Charge satisfied #22
- 2006-11-29🔓Charge satisfied #21
- 2006-11-29🔓Charge satisfied #20
- 2006-11-29🔓Charge satisfied #19
- 2006-11-29🔓Charge satisfied #18
- 2006-11-29🔓Charge satisfied #17
- 2006-11-29🔓Charge satisfied #16
- 2006-11-29🔓Charge satisfied #14
- 2006-11-29🔓Charge satisfied #13
- 2006-11-29🔓Charge satisfied #15
- 2006-11-29🔓Charge satisfied #12
- 2006-11-29🔓Charge satisfied #8
- 2006-11-29🔓Charge satisfied #10
- 2006-11-29🔓Charge satisfied #9
- 2006-11-29🔓Charge satisfied #11
- 2006-11-29🔓Charge satisfied #7
- 2006-11-29🔓Charge satisfied #6
- 2006-11-29🔓Charge satisfied #5
- 2006-11-29🔓Charge satisfied #4
- 2006-11-29🔓Charge satisfied #3
- 2006-11-29🔓Charge satisfied #2
Showing most recent 50 of 103 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.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- 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 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
32 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 |
|---|---|---|---|---|
Mr Omar Ali Individual · British · DOB 03/1977 · age 49 | 50–75% | 50–75% | board control50-75% shares · 50-75% 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
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|---|---|---|---|---|---|---|---|
| BISHOPBRIGGS BATHROOMS LTD→ SC767660 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLACK ICE CONTRACTORS LTD→ SC766670 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLANCO'S FIBRE SURVEYS LTD→ SC686688 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BLBA RAILWAY SERVICES LIMITED→ SC867648 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUEVALE CONTRACTS LIMITED→ SC860307 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUEVALE STRUCTURES LIMITED→ SC311745 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BLYTE CONTRACTORS LIMITED→ SC476769 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BMCD FENCING CONTRACTS GLASGOW LTD→ SC863386 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BMS ROOFING SOLUTIONS AYRSHIRE LTD→ SC883666 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BO-GAS GASMAN SERVICES LTD→ SC859552 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOILER REPAIRS & SERVICES LTD→ SC818148 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOILER REPAIRS IN GLASGOW LTD→ SC772488 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2002-04-15
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
17 Marine Crescent
Glasgow
G51 1HD
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (3 active · 2 resigned)
Active
ALI, Ashfaq, Dr→
Activedirector · ~74y · appointed 2002-04-15
View their other companies + combined net worth →
Active
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-04-15 · resigned 2002-04-15
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-04-15 · resigned 2002-04-15
Click a director name to see their full track record across all companies.
Mortgages & charges
56
Total charges
32
Outstanding
3
Active lenders
Status:Lender:56 of 56 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works | Standard security | 1 property | 04/12/2008 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | Standard security | 1 property | 13/06/2008 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 27/12/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 21/12/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 21/12/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 11/10/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 29/06/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 29/06/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 15/03/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 14/03/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 08/02/2007 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 20/11/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 14/11/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 17/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 16/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 16/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited / Paragon Mortgages Limited | Standard security | 1 property | 13/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 13/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 12/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 12/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited / Paragon Mortgages Limited | Standard security | 1 property | 12/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Standard security | 1 property | 12/10/2006 | — | |
| outstanding | Paragon Paragon Mortgages Limited | Floating charge | 1 property | 24/09/2006 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/11/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/10/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/10/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 30/09/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 24/09/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 16/08/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 30/07/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 07/07/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/05/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/05/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/05/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 07/05/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 07/05/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/04/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/04/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/04/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/04/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 05/04/2004 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/09/2003 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/08/2003 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 21/01/2003 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/01/2003 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 27/12/2002 | 29/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 23/05/2002 | 08/01/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (143 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-30
change-person-secretary-company-with-change-date
officers · CH03
2024-05-09
change-person-director-company-with-change-date
officers · CH01
2024-05-09
change-person-director-company-with-change-date
officers · CH01
2024-05-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28