BOYTER PROPERTY LIMITED

🌳Matureactive
SC477438 · ltd · incorporated 2014-05-12
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.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£238.5k
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 10.0y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review 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 £238,537
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£13k
↓ 46% YoY
Net Worth
£239k
↑ 76% YoY
Current Assets
£291k
↑ 84% YoY
Current Liabilities
£0£58k£116k£174k£233k£291kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£300.0k£190.3k
Current assets£290.7k£157.8k
Cash£13.1k£24.4k
Debtors£6.5k£8.4k
Net assets£238.5k£135.8k

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 (30 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-06-05
    🔒
    Charge registered #8
    Lender: Shawbrook Bank Limited
  9. 2025-06-05
    🔒
    Charge registered #7
    Lender: Shawbrook Bank Limited
  10. 2025-06-05
    🔒
    Charge registered #6
    Lender: Shawbrook Bank Limited
  11. 2025-06-05
    🔒
    Charge registered #5
    Lender: Shawbrook Bank Limited
  12. 2025-06-05
    🔒
    Charge registered #4
    Lender: Shawbrook Bank Limited
  13. 2025-06-05
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  14. 2025-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2025-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2025-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-09-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  20. 2024-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2023-07-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2023-07-07
    🔒
    Charge registered #2
    Lender: Bdw Trading Limited
  23. 2023-06-01
    CRAWFORD, Sarah Hanley appointed
    director
  24. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2022-12-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  26. 2022-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2021-10-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  28. 2016-05-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 2014-05-12
    🏢
    Company incorporated
    As BOYTER PROPERTY LIMITED
  30. 2014-05-12
    LAIDLAW, Rene Mutigli appointed
    director

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med · 1 low
6 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-06-05: A registered charge; 2025-06-05: A registered charge; 2025-06-05: A registered charge

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-09-11: certificate-change-of-name-company

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Rene Mutigli Laidlaw
Individual · British · DOB 03/1985 · age 41
sig. influencesignificant influence01/05/2017

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
Incorporated2014-05-12
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

9 Corbieshot
Edinburgh
EH15 3RY
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (2 active · 0 resigned)

CRAWFORD, Sarah Hanley
director · ~43y · appointed 2023-06-01
View their other companies + combined net worth →
Active
LAIDLAW, Rene Mutigli
director · ~41y · appointed 2014-05-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
8
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge2 properties05/06/2025
outstanding
Bdw Trading
Bdw Trading Limited
A registered charge1 property07/07/2023
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-07
change-person-director-company-with-change-date
officers · CH01
2025-03-07
change-person-director-company-with-change-date
officers · CH01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
appoint-person-director-company-with-name-date
officers · AP01
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-11
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-11