KLN PROPERTIES LIMITED
🌳Matureactive
SC241173 · ltd · incorporated 2002-12-16
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2024
Net worth
—
book net assets
Opportunity
79/100
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 83-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 83). 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 (65/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 24.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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
6 charges (6/6 with lender, 6/6 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
2 connected companies via shared directors
51
Filing history
75 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.
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 · FRS 102| Metric | 2024-04-28 | 2023-04-28 |
|---|---|---|
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-01-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-31📄gazette-notice-compulsorygazette · GAZ1
- 2019-12-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-12-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-12-20🔓Charge satisfied #5
- 2019-12-20🔓Charge satisfied #3
- 2019-09-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2018-12-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-08-24🔒Charge registered #6Lender: Caledonian Heritable Limited
- 2010-05-21🔓Charge satisfied #2
- 2010-05-21🔓Charge satisfied #1
- 2010-03-15🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2010-03-15🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2008-05-20➕TAIT, Karen Mitch appointedsecretary
- 2008-05-20➖ACS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2008-05-07🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2006-07-26➕TAIT, Robert William appointeddirector
- 2002-12-16🏢Company incorporatedAs KLN PROPERTIES LIMITED
- 2002-12-16➕TAIT, Karen Mitch appointeddirector
- 2002-12-16➕ACS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-12-16➕ACS NOMINEES LIMITED appointedcorporate-nominee-director
- 2002-12-16➖ACS NOMINEES LIMITED resignedcorporate-nominee-director
- 2001-10-18🔒Charge registered #2Lender: Globespan Group PLC
- 2001-10-18🔒Charge registered #1Lender: Globespan Group PLC
Owner dependency
91/100
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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 83 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 83 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 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert William Tait Individual · British · DOB 12/1943 · age 83 | 75–100% | — | 75-100% shares | 10/12/2016 |
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
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&J PROPERTY SERVE LTD→ SC853753 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTIVE TULZ REAL ESTATE LTD→ SC816481 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAERO PROPERTY INVESTMENTS LIMITED→ SC528527 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADDSL LIMITED→ SC419341 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AFIYA INVESTMENTS LTD→ SC778787 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AFORD PROPERTY LTD→ SC630166 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGP DEVELOPMENTS LTD→ SC796616 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AIR PROPERTY GROUP LTD→ SC659657 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AIRDS CAPITAL LIMITED→ SC612323 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AJW INVEVSTMENT PROPERTIES LTD→ SC884094 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AK HOMES SCOTLAND LTD→ SC684857 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AKA PROPERTIES EDINBURGH LTD→ SC777693 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2002-12-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
146 Kln Properties Limited
Duddingston Road West
Edinburgh
EH16 4AP
Scotland
Filing status
Accounts
Next due: 2026-04-28
Last made up to: 2024-04-28
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (3 active · 2 resigned)
Active
TAIT, Karen Mitch→
Activedirector · ~70y · appointed 2002-12-16
View their other companies + combined net worth →
TAIT, Robert William→
Activedirector · ~83y · appointed 2006-07-26
View their other companies + combined net worth →
ACS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-12-16 · resigned 2008-05-20
ACS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-12-16 · resigned 2002-12-16
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Caledonian Heritable Caledonian Heritable Limited | A registered charge | 1 property | 24/08/2017 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/03/2010 | 20/12/2019 | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/03/2010 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 07/05/2008 | 20/12/2019 | |
| satisfied | Globespan Group Globespan Group PLC | Standard security | 1 property | 18/10/2001 | 21/05/2010 | |
| satisfied | Globespan Group Globespan Group PLC | Standard security | 1 property | 18/10/2001 | 21/05/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (75 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-06-13
change-person-director-company-with-change-date
officers · CH01
2024-06-13
change-person-secretary-company-with-change-date
officers · CH03
2024-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-04-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29