A JOHNSTON PROPERTIES LIMITED

🌳Matureactive
SC311488 · ltd · incorporated 2006-11-06
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.3y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£34.8k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

5 live charges · 2 lenders · oldest 19.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 19.3 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: 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
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
63 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
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 £34,808
Cash YoY
+179%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 179% YoY
Net Worth
£35k
↑ 11% YoY
Current Assets
Current Liabilities
£0£7k£14k£21k£28k£35kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£34.8k£31.3k
Cash£5.6k£2.0k
Net assets£34.8k£31.3k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-04
    MALONEY, Pauline appointed
    director
  6. 2022-11-04
    SUTHERLAND, Linda appointed
    director
  7. 2022-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-03-11
    SMYTH, Sharon appointed
    director
  10. 2022-03-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-03-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-02-11
    RENTON, James resigned
    secretary
  14. 2022-02-11
    RENTON, James resigned
    director
  15. 2022-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2018-05-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  22. 2009-06-17
    🔓
    Charge satisfied #3
  23. 2009-06-17
    🔓
    Charge satisfied #1
  24. 2008-03-11
    🔒
    Charge registered #5
    Lender: Royal Bank of Scotland PLC
  25. 2007-04-26
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  26. 2007-04-17
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  27. 2007-04-17
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  28. 2007-04-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 2006-11-06
    🏢
    Company incorporated
    As A JOHNSTON PROPERTIES LIMITED
  30. 2006-11-06
    RENTON, Avril Violet appointed
    director
  31. 2006-11-06
    RENTON, James appointed
    secretary
  32. 2006-11-06
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 2006-11-06
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 2006-11-06
    RENTON, James appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 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 72 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Pauline Maloney
Individual · British · DOB 08/1975 · age 51
2550%
25-50% shares01/06/2016
Mrs Sharon Smyth
Individual · British · DOB 05/1978 · age 48
2550%
25-50% shares01/06/2016
Mrs Linda Sutherland
Individual · British · DOB 07/1977 · age 49
2550%
25-50% shares01/06/2016

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 →

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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
Incorporated2006-11-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 Melville Street
Falkirk
FK1 1HZ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-07-06
Last: 2026-06-22

Officers (4 active · 3 resigned)

MALONEY, Pauline
director · ~51y · appointed 2022-11-04
View their other companies + combined net worth →
Active
RENTON, Avril Violet
director · ~72y · appointed 2006-11-06
View their other companies + combined net worth →
Active
SMYTH, Sharon
director · ~48y · appointed 2022-03-11
View their other companies + combined net worth →
Active
SUTHERLAND, Linda
director · ~49y · appointed 2022-11-04
View their other companies + combined net worth →
Active
RENTON, James
secretary · appointed 2006-11-06 · resigned 2022-02-11
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2006-11-06 · resigned 2006-11-06
Resigned
RENTON, James
director · ~70y · appointed 2006-11-06 · resigned 2022-02-11
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property11/03/2008
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/04/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/04/200717/06/2009
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/04/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/04/200717/06/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-28
appoint-person-director-company-with-name-date
officers · AP01
2022-11-04
appoint-person-director-company-with-name-date
officers · AP01
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
appoint-person-director-company-with-name-date
officers · AP01
2022-03-11
termination-director-company-with-name-termination-date
officers · TM01
2022-03-11
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-29