KINLOCH PROPERTIES LIMITED
💤Zombieactive
SC232129 · ltd · incorporated 2002-05-29
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
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 61-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. 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 (53/100).
🏦
Refinance opportunity
13 live charges · 3 lenders · oldest 23.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · IFRS| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-04🔒Charge registered #13Lender: Shawbrook Bank Limited
- 2022-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-05🔓Charge satisfied #1
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-27📄capital-allotment-sharescapital · SH01
- 2017-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-09-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-17➕SOTHERN, Matthew Barry, Dr appointedsecretary
- 2015-06-17➖CHEAPE, David Maxwell resignedsecretary
- 2009-03-26🔒Charge registered #12Lender: Royal Bank of Scotland PLC
- 2009-03-06🔒Charge registered #11Lender: Royal Bank of Scotland PLC
- 2009-02-06🔒Charge registered #10Lender: Royal Bank of Scotland PLC
- 2009-02-06🔒Charge registered #9Lender: Royal Bank of Scotland PLC
- 2008-09-08🔒Charge registered #8Lender: Royal Bank of Scotland PLC
- 2008-06-06➕CHEAPE, David Maxwell appointedsecretary
- 2008-06-06➖GOURLEY MCBAIN SOLICITORS, Messrs resignedsecretary
- 2008-05-23🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2008-03-24🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2008-03-24🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2007-11-23🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2007-11-19🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2002-10-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2002-07-31🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2002-05-29🏢Company incorporatedAs KINLOCH PROPERTIES LIMITED
- 2002-05-29➕BOYD, Brian David appointeddirector
- 2002-05-29➕GOURLEY MCBAIN SOLICITORS, Messrs appointedsecretary
- 2002-05-29➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2002-05-29➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-05-29➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2002-05-29➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
93/100
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
- +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 61 — approaching natural succession window.
Succession & seller-readiness
85/100
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 61. 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 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 |
|---|---|---|---|---|
Mr Brian David Boyd Individual · British · DOB 05/1965 · age 61 | — | — | sig. influencesignificant influence | 28/05/2017 |
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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KJN PROPERTYS LTD→ SC607909 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| KOP ESTATES LIMITED→ SC859785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KRATOS INVESTMENTS (UK) LIMITED→ SC539392 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| L.T.D. PROPERTIES LTD→ SC638974 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LADBROOK PROPERTY INVESTMENTS LIMITED→ SC692464 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| LJR ENTERPRISES LTD→ SC803103 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LL INVESTMENTS AND DEVELOPMENTS LTD→ SC811086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOCHEND LEASE LIMITED→ SC345045 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| LRMS HOLDINGS LTD→ SC842612 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LS41 LTD→ SC760525 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LSM PROPERTY LIMITED→ SC538188 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| M.B. PROPERTY COMPANY (EDINBURGH) LIMITED→ SC077601 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
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
Incorporated2002-05-29
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Panbride House
Panbride
Carnoustie
DD7 6JR
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23
Officers (2 active · 4 resigned)
SOTHERN, Matthew Barry, Dr→
Activesecretary · appointed 2015-06-17
View their other companies + combined net worth →
BOYD, Brian David→
Activedirector · ~61y · appointed 2002-05-29
View their other companies + combined net worth →
CHEAPE, David Maxwell→
Resignedsecretary · appointed 2008-06-06 · resigned 2015-06-17
GOURLEY MCBAIN SOLICITORS, Messrs→
Resignedsecretary · appointed 2002-05-29 · resigned 2008-06-06
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2002-05-29 · resigned 2002-05-29
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2002-05-29 · resigned 2002-05-29
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
12
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 5 properties | 04/05/2023 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 26/03/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 06/03/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 06/02/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 06/02/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 08/09/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 23/05/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 24/03/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 24/03/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/11/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/11/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 16/10/2002 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 31/07/2002 | 05/11/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-11