MORAY PROPERTIES LIMITED

🌳Matureactive
SC235575 · ltd · incorporated 2002-08-16
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
78/100
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 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 23.6y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 23.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
69 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
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-26
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2019-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-06-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2019-06-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-06-14
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  12. 2019-06-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-06-10
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  14. 2019-06-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2019-06-03
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2019-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-06-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2019-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-06-03
    🔓
    Charge satisfied #2
  22. 2019-06-03
    🔓
    Charge satisfied #1
  23. 2019-05-31
    ➕
    KIDGER, Claire Vandepeear appointed
    secretary
  24. 2019-05-31
    ➕
    KIDGER, Claire Vandepeear appointed
    director
  25. 2019-05-31
    ➕
    KIDGER, Leslie appointed
    director
  26. 2019-05-31
    ➖
    MCLENNAN, Roy George resigned
    secretary
  27. 2019-05-31
    ➖
    MAIN, William Ralph resigned
    director
  28. 2019-05-31
    ➖
    MCLENNAN, Roy George resigned
    director
  29. 2002-10-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 2002-09-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 2002-08-16
    🏢
    Company incorporated
    As MORAY PROPERTIES LIMITED
  32. 2002-08-16
    ➕
    MCLENNAN, Roy George appointed
    secretary
  33. 2002-08-16
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 2002-08-16
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 2002-08-16
    ➕
    MAIN, William Ralph appointed
    director
  36. 2002-08-16
    ➕
    MCLENNAN, Roy George appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

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.

Group structure

Lcc Live Event Services Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lcc Live Event Services Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MORAY PROPERTIES LIMITED
This company · SC235575

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
Lcc Live Event Services Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting31/05/2019

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

6 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
Incorporated2002-08-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Mackenzie Kerr
19 Culduthel Road
Inverness
IV2 4AA
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16

Officers (3 active · 4 resigned)

KIDGER, Claire Vandepeear→
secretary · appointed 2019-05-31
View their other companies + combined net worth →
Active
KIDGER, Claire Vandepeear→
director · ~48y · appointed 2019-05-31
View their other companies + combined net worth →
Active
KIDGER, Leslie→
director · ~58y · appointed 2019-05-31
View their other companies + combined net worth →
Active
MCLENNAN, Roy George→
secretary · appointed 2002-08-16 · resigned 2019-05-31
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-08-16 · resigned 2002-08-16
Resigned
MAIN, William Ralph→
director · ~63y · appointed 2002-08-16 · resigned 2019-05-31
Resigned
MCLENNAN, Roy George→
director · ~77y · appointed 2002-08-16 · resigned 2019-05-31
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties14/06/2019—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—10/06/2019—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/10/200203/06/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/09/200203/06/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-03
change-account-reference-date-company-current-shortened
accounts · AA01
2019-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-20