LATHERON PROPERTIES (SCOTLAND) LIMITED

🌳Matureactive
SC458800 · ltd · incorporated 2013-09-10
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 12.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 12.3y

85/100
ready

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

  • · Oldest live charge is 12.3 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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
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
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Average employees200200

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 mortgage
Last 90 days
1
filing
  • • 1 mortgage
Last 180 days
2
filings
  • • 1 mortgage
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-05-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-01
    🔓
    Charge satisfied #3
  3. 2025-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-08-13
    ➖
    BAIN, Michael Alexander resigned
    director
  9. 2021-08-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-07-13
    ➖
    BAIN, Michael Alexander resigned
    secretary
  12. 2020-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2017-12-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2017-09-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2017-09-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2017-09-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2016-02-04
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  21. 2014-02-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  22. 2013-12-31
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  23. 2013-09-10
    🏢
    Company incorporated
    As LATHERON PROPERTIES (SCOTLAND) LIMITED
  24. 2013-09-10
    ➕
    AITKEN, William John Scott appointed
    director
  25. 2013-09-10
    ➕
    SALL, Annabel Frances appointed
    director
  26. 2013-09-10
    ➕
    BAIN, Michael Alexander appointed
    secretary
  27. 2013-09-10
    ➕
    JAMES AND GEORGE COLLIE appointed
    corporate-secretary
  28. 2013-09-10
    ➖
    JAMES AND GEORGE COLLIE resigned
    corporate-secretary
  29. 2013-09-10
    ➕
    BAIN, Michael Alexander appointed
    director
  30. 2013-09-10
    ➕
    MILLER, Innes Richard appointed
    director
  31. 2013-09-10
    ➖
    MILLER, Innes Richard resigned
    director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

49/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Annabel Frances Sall
Individual · British · DOB 08/1980 · age 46
25–50%
—25-50% shares10/09/2016
Mr Michael Alexander Bain
Individual · British · DOB 10/1973 · age 53
25–50%
—25-50% shares10/09/2016
Mr William John Scott Aitken
Individual · British · DOB 12/1973 · age 53
25–50%
—25-50% shares10/09/2016

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 · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LARGESS ASSOCIATES LIMITED→
SC455506 · est 2013 · no financials extracted
————12y——
LARIA COMPANY LTD→
SC701001 · est 2021 · no financials extracted
————4y——
LEADGATE HOMES LIMITED→
SC468168 · est 2014 · no financials extracted
————12y——
LEIPER LETTINGS LTD→
SC788457 · est 2023 · no financials extracted
————2y——
LOTUS ESTATE LTD→
SC875553 · est 2026 · no financials extracted
———————
LRO PROPERTY GROUP LTD→
SC801601 · est 2024 · no financials extracted
————2y——
M. & D. FURNISHERS LIMITED→
SC040822 · est 1964 · no financials extracted
————61y——
MAKAR HOLDINGS LIMITED→
SC586861 · est 2018 · no financials extracted
————8y——
MANS PROPERTY LIMITED→
SC618551 · est 2019 · no financials extracted
————7y——
MAYFORD LTD.→
SC278244 · est 2005 · no financials extracted
————21y——
MBS INVESTMENTS LTD→
SC823726 · est 2024 · no financials extracted
————1y——
MC PROP LTD→
SC775257 · est 2023 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2013-09-10
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 Bon Accord Square
Aberdeen
AB11 6DJ

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (2 active · 4 resigned)

AITKEN, William John Scott→
director · ~53y · appointed 2013-09-10
View their other companies + combined net worth →
Active
SALL, Annabel Frances→
director · ~46y · appointed 2013-09-10
View their other companies + combined net worth →
Active
BAIN, Michael Alexander→
secretary · appointed 2013-09-10 · resigned 2021-07-13
Resigned
JAMES AND GEORGE COLLIE→
corporate-secretary · appointed 2013-09-10 · resigned 2013-09-10
Resigned
BAIN, Michael Alexander→
director · ~53y · appointed 2013-09-10 · resigned 2021-08-13
Resigned
MILLER, Innes Richard→
director · ~66y · appointed 2013-09-10 · resigned 2013-09-10
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property04/02/201601/05/2026
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/02/2014—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property31/12/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-19
termination-secretary-company-with-name-termination-date
officers · TM02
2021-08-13
termination-director-company-with-name-termination-date
officers · TM01
2021-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-08