MAYFORD LTD.
🌳Matureactive
SC278244 · ltd · incorporated 2005-01-11
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 20.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£118.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 6 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
8 live charges · 2 lenders · oldest 20.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.6 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.
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
74 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
60
Adequate — check latest filings for context.
Acquirability
85
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 declaredPositive net assets
Net assets £118,928
Cash YoY
+109%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£35k
↑ 109% YoY
Net Worth
£119k
↑ 10% YoY
Current Assets
£37k
↑ 98% 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 | £271.5k | £267.7k |
| Current assets | £37.4k | £18.9k |
| Cash | £34.7k | £16.6k |
| Debtors | £2.7k | £2.3k |
| Net assets | £118.9k | £108.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 persons-with-significant-control
Last 180 days
5
filings
- • 2 persons-with-significant-control
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-02-16📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2026-02-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2018-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2018-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2018-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2015-02-04🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2014-09-03🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2013-10-12➖GRUGEON, Lorna resignedsecretary
- 2013-10-12➖GRUGEON, Lorna resigneddirector
- 2009-02-23🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2008-05-01🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2007-04-25🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2006-11-17🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2005-10-25🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-10-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-01-11🏢Company incorporatedAs MAYFORD LTD.
- 2005-01-11➕GRUGEON, Claire appointeddirector
- 2005-01-11➕GRUGEON, Kenneth appointeddirector
- 2005-01-11➕GRUGEON, Ronald appointeddirector
- 2005-01-11➕GRUGEON, Lorna appointedsecretary
- 2005-01-11➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2005-01-11➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2005-01-11➕GRUGEON, Lorna appointeddirector
- 2005-01-11➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2005-01-11➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 low8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SJMC PROPERTY LTD→ SC767624 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SOLUTIONS SUBSEA LTD→ SC455552 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SR DAVIDSON PROPERTY DEVELOPMENTS LTD→ SC390901 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| TABASS LTD.→ SC222547 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| THISTLE HOUSE PROPERTY MANAGEMENT LIMITED→ SC690926 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| THT MCBEY LTD→ SC569422 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| TIGH PROPERTIES LIMITED→ SC724676 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| TIME4 PROPERTY SERVICES LIMITED→ SC792734 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TORLUNDIE PROPERTY HOLDINGS LTD→ SC847457 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TROUBADOUR MANAGEMENT LIMITED→ SC755847 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| TYRONE PETROLEUM CONSULTANTS LIMITED→ SC141414 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| U-GET HOMES LTD→ SC580161 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2005-01-11
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis
Registered office
52 York Street
Peterhead
Aberdeenshire
AB42 1SN
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11
Officers (3 active · 4 resigned)
GRUGEON, Claire→
Activedirector · ~51y · appointed 2005-01-11
View their other companies + combined net worth →
GRUGEON, Kenneth→
Activedirector · ~63y · appointed 2005-01-11
View their other companies + combined net worth →
GRUGEON, Ronald→
Activedirector · ~59y · appointed 2005-01-11
View their other companies + combined net worth →
GRUGEON, Lorna→
Resignedsecretary · appointed 2005-01-11 · resigned 2013-10-12
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2005-01-11 · resigned 2005-01-11
GRUGEON, Lorna→
Resigneddirector · ~61y · appointed 2005-01-11 · resigned 2013-10-12
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2005-01-11 · resigned 2005-01-11
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
8
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 04/02/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 03/09/2014 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 23/02/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 01/05/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 25/04/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/11/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 25/10/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/10/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-02-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-14
change-person-director-company-with-change-date
officers · CH01
2021-05-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-26