EM PROPERTY MANAGEMENT LIMITED
💤Zombieactive
SC309269 · ltd · incorporated 2006-09-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£4.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 66-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 19.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
55 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £4,202
Net assets shrinking
Down £605 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↓ 13% YoY
Current Assets
£14k
↓ 1.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £5.4k | £5.4k |
| Current assets | £14.4k | £14.6k |
| Net assets | £4.2k | £4.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-01-12📄gazette-notice-compulsorygazette · GAZ1
- 2020-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-05-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-29📄change-person-director-company-with-change-dateofficers · CH01
- 2014-03-14➖BROWN, Melanie Jayne resigneddirector
- 2006-12-07🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-09-27🏢Company incorporatedAs EM PROPERTY MANAGEMENT LIMITED
- 2006-09-27➕MACMORRAN, Ewan David appointedsecretary
- 2006-09-27➕MACMORRAN, Ewan David appointeddirector
- 2006-09-27➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-09-27➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-09-27➕BROWN, Melanie Jayne appointeddirector
- 2006-09-27➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-09-27➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
88/100
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 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 20 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ewan David Macmorran Individual · British · DOB 04/1960 · age 66 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FOUR A PROPERTIES LTD→ SC497793 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FS DREAMS LTD→ SC684370 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FWB NEWCO LTD→ SC555496 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| G.M. ENTERPRISES LIMITED→ SC107272 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| GALLACHER HOMES LTD→ SC535835 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GILDANPAYNE LTD→ SC811126 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GRANGEMOUTH RETAIL PROPERTIES LIMITED→ SC585951 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| GRANT PROPERTY (SCOTLAND) LTD.→ SC461323 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GREENBRAE PROPERTY LIMITED→ SC556462 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HALCYON PROPERTY INVESTORS LTD→ SC758857 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HAMILTONS (STIRLING) LIMITED→ SC159393 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| HANNIGAN PROPERTIES LTD→ SC585443 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2006-09-27
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate
Registered office
5 Muirhead Road
Stenhousemuir
Larbert
FK5 4HZ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27
Officers (2 active · 3 resigned)
MACMORRAN, Ewan David→
Activesecretary · appointed 2006-09-27
View their other companies + combined net worth →
MACMORRAN, Ewan David→
Activedirector · ~66y · appointed 2006-09-27
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-09-27 · resigned 2006-09-27
BROWN, Melanie Jayne→
Resigneddirector · ~57y · appointed 2006-09-27 · resigned 2014-03-14
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-09-27 · resigned 2006-09-27
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 07/12/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-13
gazette-notice-compulsory
gazette · GAZ1
2021-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-26