MCLEAN PROPERTIES LIMITED
🌳Matureactive
SC499941 · ltd · incorporated 2015-03-09
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 Feb 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 71). 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 (73/100).
🏦
Refinance opportunity
11 live charges · 3 lenders · oldest 10.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Average employees | 400 | 300 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-02➖PIA, Antonio resigneddirector
- 2024-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-12🔒Charge registered #11Lender: Paragon Bank PLC
- 2024-06-12🔒Charge registered #10Lender: Paragon Bank PLC
- 2024-06-12🔒Charge registered #9Lender: Paragon Bank PLC
- 2024-06-12🔒Charge registered #8Lender: Paragon Bank PLC
- 2024-06-12🔒Charge registered #7Lender: Paragon Bank PLC
- 2024-06-12🔒Charge registered #6Lender: Paragon Bank PLC
- 2024-05-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-19🔓Charge satisfied #4
- 2023-08-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-24🔓Charge satisfied #5
- 2023-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-26📄capital-alter-shares-subdivisioncapital · SH02
- 2023-06-22📄resolutionresolution · RESOLUTIONS
- 2023-02-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-11🔓Charge satisfied #3
- 2021-09-11🔓Charge satisfied #2
- 2021-09-11🔓Charge satisfied #1
- 2021-05-03🔒Charge registered #5Lender: Cynergy Bank Limited
- 2021-04-29🔒Charge registered #4Lender: Cynergy Bank Limited
- 2020-11-17➕CROLLA, Raffaele appointeddirector
- 2020-11-17➕PIA, Antonio appointeddirector
- 2020-11-07➖CROLLA, Vincenzo resignedsecretary
- 2020-11-07➖CROLLA, Vincenzo resigneddirector
- 2016-04-27🔒Charge registered #3Lender: Svenska Handelsbanken Ab (Publ)
- 2016-04-06🔒Charge registered #2Lender: Svenska Handelsbanken Ab (Publ)
- 2016-04-04🔒Charge registered #1Lender: Svenska Handelsbanken Ab (Publ)
- 2016-02-29➕CROLLA, Antonietta appointeddirector
- 2016-02-29➕CROLLA, Vincenzo appointedsecretary
- 2015-03-09🏢Company incorporatedAs MCLEAN PROPERTIES LIMITED
- 2015-03-09➕CROLLA, Vincenzo appointeddirector
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raffaele Crolla Individual · British · DOB 06/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/06/2023 |
Mrs Antonietta Crolla Individual · Italian · DOB 09/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Executors Of V Crollaceased 26/01/2023· 50-75% shares
- Mr Vince Crollaceased 07/11/2020· 50-75% shares
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MILLS MULTON PROPERTY PARTNERSHIP LIMITED→ SC799272 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MIMI HENRY LTD→ SC858531 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MIMO LETTINGS LTD→ SC698856 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MIRO PROPERTY INVESTMENT LTD→ SC787121 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MK ENTERPRISE ED UK LTD→ SC847245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MM PROPERTY LEASING LIMITED→ SC732703 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MODERNDWELL DEVELOPMENTS LTD→ SC797978 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MOFFAT PROPERTY INVESTMENTS LTD→ SC867007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MOLEK DEVELOPERS LTD→ SC868650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MONTREAL PROPERTY LTD→ SC467670 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| MONTREE MANAGEMENT LTD→ SC822158 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MONTROSE HOUSE (SCOTLAND) LIMITED→ SC357910 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2015-03-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
6 St Colme
Edinburgh
Scotland
EH3 6AD
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09
Officers (2 active · 3 resigned)
CROLLA, Antonietta→
Activedirector · ~71y · appointed 2016-02-29
View their other companies + combined net worth →
CROLLA, Raffaele→
Activedirector · ~47y · appointed 2020-11-17
View their other companies + combined net worth →
CROLLA, Vincenzo→
Resignedsecretary · appointed 2016-02-29 · resigned 2020-11-07
CROLLA, Vincenzo→
Resigneddirector · ~72y · appointed 2015-03-09 · resigned 2020-11-07
PIA, Antonio→
Resigneddirector · ~49y · appointed 2020-11-17 · resigned 2024-10-02
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
6
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| satisfied | Cynergy Bank Cynergy Bank Limited | A registered charge | 3 properties | 03/05/2021 | 24/08/2023 | |
| satisfied | Cynergy Bank Cynergy Bank Limited | A registered charge | — | 29/04/2021 | 19/10/2023 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 27/04/2016 | 11/09/2021 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 06/04/2016 | 11/09/2021 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 04/04/2016 | 11/09/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-19