FARINGTON HOUSE PROPERTIES LTD.

💤Zombieactive
SC231149 · ltd · incorporated 2002-05-03
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
year to May 2025
Net worth
£407.3k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 23.5y

45/100
under pressure

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

  • · Oldest live charge is 23.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
64 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
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £407,302

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£407k
↑ 11% YoY
Current Assets
£284k
↑ 19% YoY
Current Liabilities
£0£81k£163k£244k£326k£407kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£407.3k£367.1k
Current assets£284.5k£239.1k
Net assets£407.3k£367.1k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-04-01
    🔓
    Charge satisfied #2
  4. 2024-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-01-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-12-21
    KELLY, Raymond Mario resigned
    director
  8. 2023-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-10-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-08-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-05-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2002-12-02
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2002-10-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2002-05-03
    🏢
    Company incorporated
    As FARINGTON HOUSE PROPERTIES LTD.
  22. 2002-05-03
    KELLY, Carla appointed
    secretary
  23. 2002-05-03
    KELLY, Carla appointed
    director
  24. 2002-05-03
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2002-05-03
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2002-05-03
    KELLY, Raymond Mario appointed
    director
  27. 2002-05-03
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  28. 2002-05-03
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Raynor Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Raynor Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
FARINGTON HOUSE PROPERTIES LTD.
This company · SC231149

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%
NameSharesVoting rightsNature of controlNotified
Raynor Holdings Limited
Corporate entity
75100%
75-100% shares03/05/2017

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
Incorporated2002-05-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Craigmill House
Bridgefoot
Dundee
DD3 0PH
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-17
Last: 2025-05-03

Officers (2 active · 3 resigned)

KELLY, Carla
secretary · appointed 2002-05-03
View their other companies + combined net worth →
Active
KELLY, Carla
director · ~51y · appointed 2002-05-03
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2002-05-03 · resigned 2002-05-03
Resigned
KELLY, Raymond Mario
director · ~73y · appointed 2002-05-03 · resigned 2023-12-21
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2002-05-03 · resigned 2002-05-03
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property02/12/200201/04/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/10/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
termination-director-company-with-name-termination-date
officers · TM01
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-23