KELVIN RIVER PROPERTIES (GLASGOW) LTD.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · oldest 9.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £6.92M |
| Current assets | — | £40.2k |
| Cash | — | £24.6k |
| Debtors | — | £15.6k |
| Net assets | — | £3.57M |
| Average employees | 1 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30🔓Charge satisfied #3
- 2023-11-30🔓Charge satisfied #2
- 2023-11-30🔓Charge satisfied #1
- 2022-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-14📄change-person-director-company-with-change-dateofficers · CH01
- 2016-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-09-23🔒Charge registered #3Lender: Bank of Scotland PLC
- 2016-09-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-16🔒Charge registered #2Lender: Bank of Scotland PLC
- 2016-09-16🔒Charge registered #1Lender: Bank of Scotland PLC
- 2015-01-12➖MCCREA, Carol resignedsecretary
- 2003-08-13🏢Company incorporatedAs KELVIN RIVER PROPERTIES (GLASGOW) LTD.
- 2003-08-13➕MCKECHNIE, Stephen John appointeddirector
- 2003-08-13➕MCCREA, Carol appointedsecretary
- 2003-08-13➕COSEC LIMITED appointedcorporate-nominee-secretary
- 2003-08-13➖COSEC LIMITED resignedcorporate-nominee-secretary
- 2003-08-13➕CODIR LIMITED appointedcorporate-nominee-director
- 2003-08-13➖CODIR LIMITED resignedcorporate-nominee-director
- 2003-08-13➕COSEC LIMITED appointedcorporate-nominee-director
- 2003-08-13➖COSEC LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Kelvin River Property Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kelvin River Property Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/09/2016 |
Mr Stephen John Mckechnie Individual · British · DOB 09/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Mr Stephen John Mckechnie Individual · British · DOB 09/1968 · age 58 | — | — | board controlboard control | 14/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| KEPPOCH PROPERTY HOLDINGS LTD→ SC688883 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| KIAORA PROPERTIES LTD→ SC629296 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| KID VENTURE LTD→ SC708181 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| KIDZ PROPERTY LTD→ SC783839 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KILBARCHAN DEVELOPMENTS LIMITED→ SC666024 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KILLERMONT PROPERTIES LIMITED→ SC260265 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| KILMICHAEL DELUXE COTTAGES LIMITED→ SC228022 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| KINGDOMGB ESTATES LTD→ SC807676 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KINGFISHER COMMERCIAL PROPERTY LTD→ SC787884 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KINGFISHER EQUITIES LIMITED→ SC038883 · est 1963 · no financials extracted | — | — | — | — | 62y | — | — |
| KINGSMITH PROPERTY INVESTMENTS LTD→ SC562020 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| KINLOCH HOUSES LTD.→ SC261358 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 23/09/2016 | 30/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 16/09/2016 | 30/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 16/09/2016 | 30/11/2023 |