TUCSON PROPERTIES LIMITED
🌳Matureactive
SC288886 · ltd · incorporated 2005-08-15
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
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (45/100).
🏦
Refinance opportunity
31 live charges · 3 lenders · oldest 20.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 20.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
31 charges (31/31 with lender, 31/31 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 7 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 gazette
Last 90 days
3
filings
- • 1 gazette
- • 1 dissolution
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 gazette
- • 1 dissolution
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (78 events)Click to expand
- 2026-04-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-04-09📄dissolution-application-strike-off-companydissolution · DS01
- 2025-11-06📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-11-06📄legacyaccounts · PARENT_ACC
- 2025-11-06📄legacyother · GUARANTEE2
- 2025-11-06📄legacyother · AGREEMENT2
- 2025-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-01-04📄legacyaccounts · PARENT_ACC
- 2025-01-04📄legacyother · AGREEMENT2
- 2025-01-04📄legacyother · GUARANTEE2
- 2023-12-12📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-04📄accounts-with-accounts-type-smallaccounts · AA
- 2018-11-01➕COUTTS, Johanne appointedsecretary
- 2018-11-01➕COLHOUN, Francis appointeddirector
- 2018-11-01➕FOSTER, Adam Lincoln appointeddirector
- 2018-11-01➖MCBEAN, Douglas John resignedsecretary
- 2018-11-01➖MCBEAN, Douglas John resigneddirector
- 2012-11-05➖COLHOUN, Terence resigneddirector
- 2012-11-05➕MCBEAN, Douglas John appointeddirector
- 2011-11-30➖COLHOUN, Francis resignedsecretary
- 2011-06-22➕MCBEAN, Douglas John appointedsecretary
- 2010-05-14🔓Charge satisfied #30
- 2010-05-14🔓Charge satisfied #29
- 2009-03-11➖FOSTER, Adam resigneddirector
- 2009-02-20➖COLHOUN, Francis resigneddirector
- 2009-02-20➕COLHOUN, Terence appointeddirector
- 2008-10-28🔒Charge registered #31Lender: Dunfermline Building Society
- 2008-06-16🔒Charge registered #30Lender: Thomas Brian Kelly
- 2008-06-16🔒Charge registered #29Lender: Thomas Brian Kelly
- 2008-06-05🔒Charge registered #28Lender: Dunfermline Building Society
- 2008-05-09🔒Charge registered #27Lender: Dunfermline Building Society
- 2008-04-29🔒Charge registered #26Lender: Thomas Brian Kelly
- 2007-12-21🔒Charge registered #25Lender: Dunfermline Building Society
- 2007-11-08🔒Charge registered #24Lender: Dunfermline Building Society
- 2007-09-05🔒Charge registered #23Lender: Dunfermline Building Society
- 2007-09-05🔒Charge registered #22Lender: Dunfermline Building Society
- 2007-09-05🔒Charge registered #21Lender: Dunfermline Building Society
- 2007-09-05🔒Charge registered #20Lender: Dunfermline Building Society
- 2007-09-05🔒Charge registered #19Lender: Dunfermline Building Society
- 2007-08-22🔒Charge registered #18Lender: Dunfermline Building Society
- 2007-08-22🔒Charge registered #17Lender: Dunfermline Building Society
- 2007-08-06🔒Charge registered #16Lender: Dunfermline Building Society
- 2007-08-06🔒Charge registered #15Lender: Dunfermline Building Society
Showing most recent 50 of 78 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
27 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Surplus Property Solutions Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Surplus Property Solutions Holdings Ltd
Corporate parent
⬇
TUCSON PROPERTIES LIMITED
This company · SC288886
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Surplus Property Solutions Holdings Ltd Corporate entity | — | 75–100% | 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Adam Lincoln Fosterceased 06/04/2016· 25-50% shares · 25-50% voting · board control
- Mr Francis Colhounceased 06/04/2016· 25-50% shares · 25-50% voting · board control · significant influence · trust interest
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| CAIRN LETTING LIMITED→ SC210819 · est 2000 | £40.0k £34.0k–£46.0k | — | £40.0k | — | 25y | 83 | 58y |
| AR (WELLMEADOW) LTD→ SC393743 · est 2011 | £5.0k £4.2k–£5.7k | — | £5.0k | — | 15y | 83 | 59y |
| AMBASSADOR REAL ESTATE INVESTMENTS LTD→ SC393740 · est 2011 | £100 £85–£115 | — | £100 | — | 15y | 83 | 59y |
| HOWE STREET PROPERTIES LIMITED→ SC435893 · est 2012 | — | £24.9k | — | 0 | 13y | 84 | 65y |
| ROSS & LIDDELL LIMITED→ SC097770 · est 1986 | — | — | — | 100 | 40y | 84 | 60y |
| AEROBLUE LIMITED→ SC185922 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 73y |
| BALMORE ESTATES LIMITED→ SC435326 · est 2012 | — | — | — | 300 | 13y | 83 | 60y |
| BEARSDEN SOLUTIONS LTD→ SC394655 · est 2011 | — | — | — | 100 | 15y | 83 | 60y |
| BROOMPARK DEVELOPMENTS LIMITED→ SC156310 · est 1995 · no financials extracted | — | — | — | — | 31y | 83 | 85y |
| YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2005-08-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
1/1, 15 North Claremont Street
Glasgow
G3 7NR
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-19
Last: 2026-04-05
Officers (3 active · 10 resigned)
Active
COLHOUN, Francis→
Activedirector · ~53y · appointed 2018-11-01
View their other companies + combined net worth →
FOSTER, Adam Lincoln→
Activedirector · ~63y · appointed 2018-11-01
View their other companies + combined net worth →
CLARKSON, Gordon Campbell→
Resignedsecretary · appointed 2005-08-25 · resigned 2006-11-13
COLHOUN, Francis→
Resignedsecretary · appointed 2006-11-13 · resigned 2011-11-30
MCBEAN, Douglas John→
Resignedsecretary · appointed 2011-06-22 · resigned 2018-11-01
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2005-08-15 · resigned 2005-08-25
COLHOUN, Francis→
Resigneddirector · ~53y · appointed 2006-11-13 · resigned 2009-02-20
COLHOUN, John→
Resigneddirector · ~54y · appointed 2005-08-25 · resigned 2006-11-13
COLHOUN, Terence→
Resigneddirector · ~51y · appointed 2009-02-20 · resigned 2012-11-05
FOSTER, Adam→
Resigneddirector · ~63y · appointed 2006-11-13 · resigned 2009-03-11
MCBEAN, Douglas John→
Resigneddirector · ~65y · appointed 2012-11-05 · resigned 2018-11-01
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-director · appointed 2005-08-15 · resigned 2005-08-25
Click a director name to see their full track record across all companies.
Mortgages & charges
31
Total charges
27
Outstanding
2
Active lenders
Status:Lender:31 of 31 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dunfermline Building Society | Standard security | 1 property | 28/10/2008 | — | |
| satisfied | Thomas Brian Kelly | Standard security | 1 property | 16/06/2008 | 14/05/2010 | |
| satisfied | Thomas Brian Kelly | Standard security | 1 property | 16/06/2008 | 14/05/2010 | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/06/2008 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 09/05/2008 | — | |
| outstanding | Thomas Brian Kelly | Standard security | 1 property | 29/04/2008 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 21/12/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 08/11/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/09/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/09/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/09/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/09/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 05/09/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 22/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 22/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 06/08/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 15/05/2007 | — | |
| outstanding | Dunfermline Building Society | Standard security | 1 property | 15/05/2007 | — | |
| outstanding | Dunfermline Building Society | Legal charge and rental assignment | 1 property | 22/12/2006 | — | |
| outstanding | Dunfermline Building Society | Legal charge and rental assignment | 1 property | 22/12/2006 | — | |
| outstanding | Dunfermline Building Society | Bond & floating charge | 1 property | 19/12/2006 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 20/02/2006 | 20/12/2006 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 28/10/2005 | 20/12/2006 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (144 total)
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-11-06
legacy
accounts · PARENT_ACC
2025-11-06
legacy
other · GUARANTEE2
2025-11-06
legacy
other · AGREEMENT2
2025-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-01-04
legacy
accounts · PARENT_ACC
2025-01-04
legacy
other · AGREEMENT2
2025-01-04
legacy
other · GUARANTEE2
2025-01-04