MAGGEORE PROPERTY COMPANY LIMITED
🌳Matureactive
SC250148 · ltd · incorporated 2003-05-27
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 Mar 2025
Net worth
£373.4k
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
PursueAsset-holding vehicle with a 83-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, 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 22.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — 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, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
75 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
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £373,399
Net assets shrinking
Down £31,146 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£373k
↓ 7.7% YoY
Current Assets
£7k
↑ 334% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £355.3k | £374.0k |
| Current assets | £7.1k | £1.6k |
| Net assets | £373.4k | £404.5k |
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 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-21🔓Charge satisfied #6
- 2025-05-21🔓Charge satisfied #5
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-12-06🔒Charge registered #6Lender: Atom Bank PLC
- 2017-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-11-24🔒Charge registered #5Lender: Atom Bank PLC
- 2017-09-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-09-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-09-05🔓Charge satisfied #4
- 2017-09-05🔓Charge satisfied #3
- 2017-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-29➕ZANE, Margaret Mary appointeddirector
- 2010-03-03🔓Charge satisfied #2
- 2009-09-11🔓Charge satisfied #1
- 2009-09-04🔒Charge registered #4Lender: Abbey National PLC
- 2009-09-02🔒Charge registered #3Lender: Abbey National PLC
- 2003-11-13🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2003-08-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-06-18➕ZANE, Remigio appointedsecretary
- 2003-06-18➕ZANE, Georgina Ewart appointeddirector
- 2003-06-18➖THORNTONS WS resignedcorporate-secretary
- 2003-06-18➖HUTCHESON, Iain Henderson resigneddirector
- 2003-05-27🏢Company incorporatedAs MAGGEORE PROPERTY COMPANY LIMITED
- 2003-05-27➕THORNTONS WS appointedcorporate-secretary
- 2003-05-27➕HUTCHESON, Iain Henderson appointeddirector
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Georgina Ewart Zane Individual · Scottish · DOB 09/1943 · age 83 | 25–50% | — | 25-50% shares | 27/05/2017 |
Mr Remigio Zane Individual · Italian · DOB 07/1951 · age 75 | 25–50% | — | 25-50% shares | 27/05/2017 |
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 |
|---|---|---|---|---|---|---|---|
| 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 | — | — |
| MCINTOSH PROPERTY LETTING LIMITED→ SC666906 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MILLGATE PROPERTIES LIMITED→ SC478788 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| MISIO PROPERTIES LIMITED→ SC707307 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MITCHELL LAND AND PROPERTY LIMITED→ SC696972 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MK PROPERTIES DUNDEE LTD→ SC569111 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MLL HOMES LTD→ SC839561 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MLM ESTATE AGENTS LTD→ SC839784 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2003-05-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
42 Dudhope Crescent Road
Dundee
DD1 5RR
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27
Officers (3 active · 2 resigned)
Active
ZANE, Georgina Ewart→
Activedirector · ~83y · appointed 2003-06-18
View their other companies + combined net worth →
ZANE, Margaret Mary→
Activedirector · ~42y · appointed 2017-03-29
View their other companies + combined net worth →
THORNTONS WS→
Resignedcorporate-secretary · appointed 2003-05-27 · resigned 2003-06-18
HUTCHESON, Iain Henderson→
Resigneddirector · ~64y · appointed 2003-05-27 · resigned 2003-06-18
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Atom Bank Atom Bank PLC | A registered charge | 1 property | 06/12/2017 | 21/05/2025 | |
| satisfied | Atom Bank Atom Bank PLC | A registered charge | — | 24/11/2017 | 21/05/2025 | |
| satisfied | Santander Abbey National PLC | Standard security | 1 property | 04/09/2009 | 05/09/2017 | |
| satisfied | Santander Abbey National PLC | Bond & floating charge | 1 property | 02/09/2009 | 05/09/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/11/2003 | 03/03/2010 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 05/08/2003 | 11/09/2009 |
Recent filings (75 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-01