MCEWAN PROPERTIES LIMITED

🌳Matureactive
SC247338 · ltd · incorporated 2003-04-04
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 21.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£5.14M
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
Property-backed borrower with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 70/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 11 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

12 live charges · oldest 21.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
77 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
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,137,456

Key financials

1 year extracted from filed iXBRL accounts
Cash
£3.3m
Net Worth
£5.1m
Current Assets
£5.7m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£5.14M
Current assets£5.69M
Cash£3.28M
Debtors£2.42M
Net assets£5.14M

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
0
filings
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 (39 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-01
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-12-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-12-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2024-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-16
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-09-19
    ➕
    MCEWAN, Diane Elizabeth appointed
    director
  17. 2017-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2014-10-11
    🔓
    Charge satisfied #1
  19. 2007-06-04
    🔒
    Charge registered #12
    Lender: Clydesdale Bank Public Limited Company
  20. 2007-06-04
    🔒
    Charge registered #11
    Lender: Clydesdale Bank Public Limited Company
  21. 2007-06-01
    🔒
    Charge registered #10
    Lender: Clydesdale Bank Public Limited Company
  22. 2007-06-01
    🔒
    Charge registered #9
    Lender: Clydesdale Bank Public Limited Company
  23. 2007-05-30
    🔒
    Charge registered #8
    Lender: Clydesdale Bank Public Limited Company
  24. 2007-05-30
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  25. 2007-05-30
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  26. 2007-05-30
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  27. 2004-07-28
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  28. 2004-07-15
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  29. 2004-07-15
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  30. 2004-07-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  31. 2003-04-04
    🏢
    Company incorporated
    As MCEWAN PROPERTIES LIMITED
  32. 2003-04-04
    ➕
    MCEWAN, Diane Elizabeth appointed
    secretary
  33. 2003-04-04
    ➕
    MCEWAN, Kenneth Alexander appointed
    director
  34. 2003-04-04
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  35. 2003-04-04
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  36. 2003-04-04
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  37. 2003-04-04
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  38. 2003-04-04
    ➕
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  39. 2003-04-04
    ➖
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MCEWAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • 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 low
11 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Alexander Mcewan
Individual · Scottish · DOB 08/1961 · age 65
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016

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 →

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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
Incorporated2003-04-04
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Claremont House
130 East Claremont Street
Edinburgh
EH7 4LB
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (3 active · 3 resigned)

MCEWAN, Diane Elizabeth→
secretary · appointed 2003-04-04
View their other companies + combined net worth →
Active
MCEWAN, Diane Elizabeth→
director · ~62y · appointed 2018-09-19
View their other companies + combined net worth →
Active
MCEWAN, Kenneth Alexander→
director · ~65y · appointed 2003-04-04
View their other companies + combined net worth →
Active
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2003-04-04 · resigned 2003-04-04
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2003-04-04 · resigned 2003-04-04
Resigned
PETER TRAINER CORPORATE SERVICES LTD.→
corporate-nominee-director · appointed 2003-04-04 · resigned 2003-04-04
Resigned

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

Mortgages & charges

12
Total charges
11
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/06/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/06/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property01/06/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property01/06/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/07/2004—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property15/07/2004—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property15/07/2004—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property05/07/200411/10/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-13
change-person-director-company-with-change-date
officers · CH01
2024-12-09
change-person-director-company-with-change-date
officers · CH01
2024-12-09
change-person-secretary-company-with-change-date
officers · CH03
2024-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-05