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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
- · Hygiene score: 90 → 70
- · Opportunity score: 79 → 71
- · Bankability: 77 → 67
- · Distress / opportunity: avoid → attractive
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
- · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days
Picture worsened over the last 30 days — 3 negative signals vs 0 positive.
- ↓Opportunity score: 79 → 71
- ↓Hygiene score: 90 → 70
- ↓Bankability: 77 → 67
- ·Distress / opportunity: avoid → attractive
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£373.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunityDistressed property with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 67/100. Strong seller-intent signal (88/100, director aged 83). 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 22.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.9 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
71/100Strong
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
59
Some moderate concerns — review 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
0
filings
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
91/100
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.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-10
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 |
|---|---|---|---|---|---|---|---|
| ZARS LIMITED→ SC230094 · est 2002 | £3.33M £2.83M–£3.83M | — | £3.33M | — | 24y | 83 | 76y |
| J & E NOMINEES LIMITED→ SC237007 · est 2002 | £3.06M £2.60M–£3.52M | — | £3.06M | — | 23y | 83 | 66y |
| JAMES KEILLER DEVELOPMENTS LIMITED→ SC263698 · est 2004 | £656.9k £558.4k–£755.5k | — | £656.9k | — | 22y | 82 | 73y |
| ABZCO LTD.→ SC223809 · est 2001 | £655.5k £557.2k–£753.9k | — | £655.5k | — | 24y | 82 | 77y |
| MNA (SCOTLAND) LIMITED→ SC283813 · est 2005 | £637.9k £542.2k–£733.6k | — | £637.9k | — | 21y | 83 | 60y |
| ZULCO LIMITED→ SC206358 · est 2000 | £636.3k £540.8k–£731.7k | — | £636.3k | — | 26y | 83 | 85y |
| ENGINEERING SPREADSHEETS LTD.→ SC302290 · est 2006 | £620.6k £527.5k–£713.7k | — | £620.6k | — | 20y | 82 | 66y |
| FLAT HOMES LIMITED→ SC231996 · est 2002 | £459.7k £390.7k–£528.6k | — | £459.7k | — | 24y | 82 | 73y |
| A & K PROPERTIES LIMITED→ SC199663 · est 1999 | £77.7k £66.1k–£89.4k | — | £77.7k | — | 26y | 82 | 71y |
| STATION WORKS PROPERTIES LTD.→ SC083127 · est 1983 | £39.9k £33.9k–£45.9k | — | £39.9k | — | 43y | 83 | 79y |
| ASSETFAIR LIMITED→ SC195393 · est 1999 | £39.4k £33.5k–£45.3k | — | £39.4k | — | 27y | 82 | 74y |
| GILLANDER PROPERTIES LIMITED→ SC298431 · est 2006 | £38.8k £33.0k–£44.7k | — | £38.8k | — | 20y | 82 | 74y |
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
Incorporated2003-05-27
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: 2026-06-10OVERDUE
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