MICHIGAN PROPERTY (HAMILTON) LIMITED
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash | £69.1k | £2.4k |
| Net assets | £70.1k | £36.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
Corporate timeline (18 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-16📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2016-09-15📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2016-09-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-09-06📄dissolution-application-strike-off-companydissolution · DS01
- 2012-01-12➕DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED appointedcorporate-secretary
- 2011-12-01🏢Company incorporatedAs MICHIGAN PROPERTY (HAMILTON) LIMITED
- 2011-12-01➕CASSIDY, Terence appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Terence Cassidy Individual · Irish · DOB 09/1949 · age 77 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| QUEENSBERRY PROPERTIES (BONNINGTON) LTD→ SC528686 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| R&D RENOVATIONS LTD→ SC666327 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| RANFURLY PROPERTIES AND ESTATES LIMITED→ SC288805 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| RAVELRIG PROPERTY LTD→ SC344744 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| RAVENSTONE PROPERTY DEVELOPMENT LTD.→ SC279796 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| RAWSONS PROPERTY MANAGEMENT LTD→ SC866361 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RBP PROPERTY SERVICES LIMITED→ SC484816 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| RCH PROPERTY SOLUTIONS LIMITED→ SC469465 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| RE-GROUP BUILD LTD→ SC814368 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RE-RENT LIMITED→ SC841223 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| REDS RELAX ENJOY DEVELOP LIMITED→ SC293103 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| REEVES TOWN & COUNTRY LIMITED→ SC630330 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.