SHETLAND PROPERTY RENTALS LTD

🌳Matureactive
SC458133 · ltd · incorporated 2013-09-02
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£126.5k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 96090Other service activities n.e.c.
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 12.7y

85/100
ready

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

  • · Oldest live charge is 12.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (5 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 105 (micro)
Positive net assets
Net assets £126,550

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£127k
↑ 43% YoY
Current Assets
£25k
↑ 51% YoY
Current Liabilities
—
£0£25k£51k£76k£101k£127kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-302024-09-30
Total assets£849.8k£847.4k
Current assets£25.4k£16.8k
Net assets£126.5k£88.2k

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-09-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-09-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-08-29
    ➕
    JOHNSON, Isla Mae appointed
    director
  9. 2025-08-29
    ➕
    JOHNSON, Sophie appointed
    director
  10. 2024-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-05-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2013-12-30
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  20. 2013-12-30
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2013-10-23
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  22. 2013-09-02
    🏢
    Company incorporated
    As SHETLAND PROPERTY RENTALS LTD
  23. 2013-09-02
    ➕
    JOHNSON, Iain Lawrence Fraser appointed
    secretary
  24. 2013-09-02
    ➕
    JOHNSON, Iain Lawrence Fraser appointed
    director
  25. 2013-09-02
    ➕
    MORGAN, Denise Ann appointed
    director

Owner dependency

56/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondary12+ year tenure: Director in role 13 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Iain Lawrence Fraser Johnson
Individual · British · DOB 08/1970 · age 56
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Denise Ann Morgan
Individual · British · DOB 05/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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———016y8066y
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
Incorporated2013-09-02
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Kirkhouse
South Whiteness
Shetland
ZE2 9LL

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02

Officers (5 active · 0 resigned)

JOHNSON, Iain Lawrence Fraser→
secretary · appointed 2013-09-02
View their other companies + combined net worth →
Active
JOHNSON, Iain Lawrence Fraser→
director · ~56y · appointed 2013-09-02
View their other companies + combined net worth →
Active
JOHNSON, Isla Mae→
director · ~24y · appointed 2025-08-29
View their other companies + combined net worth →
Active
JOHNSON, Sophie→
director · ~19y · appointed 2025-08-29
View their other companies + combined net worth →
Active
MORGAN, Denise Ann→
director · ~59y · appointed 2013-09-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/12/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/12/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property23/10/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-25
change-person-director-company-with-change-date
officers · CH01
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-21
change-person-director-company-with-change-date
officers · CH01
2025-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
appoint-person-director-company-with-name-date
officers · AP01
2025-09-03
appoint-person-director-company-with-name-date
officers · AP01
2025-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-23