E F PROPERTIES (SCOTLAND) LIMITED
- · Oldest live charge 19.8y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 65/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 7 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
7 live charges · 2 lenders · oldest 19.8y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)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 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £917.2k | £895.5k |
| Current assets | £118.9k | £97.1k |
| Net assets | £555.7k | £546.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (30 events)Click to expand
- 2025-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2017-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-02-21🔒Charge registered #7Lender: Skipton Building Society
- 2007-05-18🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 2007-02-01🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 2007-02-01🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2006-12-23🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2006-10-20🔒Charge registered #2Lender: Skipton Building Society
- 2006-07-04🔒Charge registered #1Lender: Skipton Building Society
- 2005-02-11➕KING, Douglas appointedsecretary
- 2005-02-11➕FAIRGRIEVE, David appointeddirector
- 2005-02-11➕KING, Douglas appointeddirector
- 2004-02-06➖BRIGHTON SECRETARY LTD resignedcorporate-nominee-secretary
- 2004-02-06➖BRIGHTON DIRECTOR LTD resignedcorporate-nominee-director
- 2004-02-05🏢Company incorporatedAs E F PROPERTIES (SCOTLAND) LIMITED
- 2004-02-05➕BRIGHTON SECRETARY LTD appointedcorporate-nominee-secretary
- 2004-02-05➕BRIGHTON DIRECTOR LTD appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — 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 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Fairgrieve Individual · British · DOB 05/1964 · age 62 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Douglas King Individual · British · DOB 07/1967 · age 59 | 25–50% | — | 25-50% shares | 06/04/2016 |
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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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 (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Skipton Building Society | Standard security | 1 property | 21/02/2008 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 18/05/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/02/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/02/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 23/12/2006 | — | |
| outstanding | Skipton Building Society | Standard security | 1 property | 20/10/2006 | — | |
| outstanding | Skipton Building Society | Standard security | 1 property | 04/07/2006 | — |