BORDERS PROPERTY LIMITED

🌳Matureactive

SC297249 · ltd · incorporated 2006-02-16

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Why now

Window opening · medium confidence

More negotiable than before — 1 signals weakening over the last 30 days.

· Hygiene score: 90 → 85

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.5y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Hygiene score: 90 → 85

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

£269.9k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Real estate agencies

Sector: Real estate

Investor take

Pursue

Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 19.5y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 19.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

12 officers (6 active, 12 linked, 9 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

3 connected companies via shared directors

Filing history

77 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £269,909

Cash YoY

+56%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£47k

↑ 56% YoY

Net Worth

£270k

↑ 23% YoY

Current Assets

£348k

↑ 27% 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	£278.9k	£234.7k
Current assets	£348.3k	£274.2k
Cash	£47.1k	£30.3k
Debtors	£301.2k	£243.9k
Net assets	£269.9k	£218.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 4 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2026-05-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
HASTINGS, Helen Osborne resigned
director
2026-02-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-28
➕
DAVIDSON, Ruth appointed
director
2025-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
➕
BURN, Suzanne Laura appointed
director
2024-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
➕
HOPE, Ricky Thomas appointed
director
2024-10-29
➕
TAYLOR, Timothy Douglas appointed
director
2024-10-29
➕
HOPE, Ricky Thomas appointed
director
2024-10-29
➖
HOPE, Ricky Thomas resigned
director
2024-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-24
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-24
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-06-23
📄
resolution
resolution · RESOLUTIONS
2022-05-24
📄
capital-name-of-class-of-shares
capital · SH08
2022-05-24
📄
capital-name-of-class-of-shares
capital · SH08
2022-05-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-04
➕
HASTINGS, Naomi Margot appointed
director
2022-05-04
➕
HASTINGS, Helen Osborne appointed
director
2021-08-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-01
➖
LIVINGSTONE, Alan resigned
secretary
2019-06-01
➖
LIVINGSTONE, Alan resigned
director
2018-01-16
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2014-11-28
🔓
Charge satisfied #1
2006-12-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2006-09-13
➕
HASTINGS, Ronald Andrew appointed
director
2006-09-13
➕
LIVINGSTONE, Alan appointed
secretary
2006-09-13
➕
LIVINGSTONE, Alan appointed
director
2006-02-16
🏢
Company incorporated
As BORDERS PROPERTY LIMITED
2006-02-16
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2006-02-16
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2006-02-16
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2006-02-16
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

23/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — HASTINGS, Naomi Margot (same surname) appointed 2022-05-04. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 20 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hastings Property Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Hastings Property Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

BORDERS PROPERTY LIMITED

This company · SC297249

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
Hastings Property Group Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	08/06/2022

3 historic (ceased) PSCs

Mr Ronald Andrew Hastingsceased 08/06/2022· 75-100% shares
Alan Livingstoneceased 01/09/2017· 25-50% shares · 25-50% voting · firm interest
Ronald Andrew Hastingsceased 06/04/2016· 25-50% shares · 25-50% voting

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 · TD postcode area

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DUNSDALEHAUGH HOLDINGS LTD.→ SC320576 · est 2007	£6.1k £5.2k–£7.1k	—	£6.1k	—	19y	83	59y
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RAMCAP LTD→ 14220443 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
SNIPE MOSS LTD→ 05758675 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
SOUTHFORK PROPERTIES LTD→ 14248847 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
STAFFORD CHARLES LIMITED→ 07130487 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
THE LIMEWORKS LTD→ 12574825 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
TROMIE LTD→ 14338512 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
TYNE PROP LIMITED→ 15325392 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
UDDINGGATE LIMITED→ 10184126 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
VINCE PROPERTY LIMITED→ 16740217 · 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.

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Company details

Statusactive

Typeltd

Incorporated2006-02-16

Jurisdictionscotland

Primary SIC68310 — Real estate agencies

Registered office

15 The Square

Kelso

TD5 7HH

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-20

Last: 2026-05-06