MCTAGGART PROPERTIES LIMITED
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
5 live charges · 2 lenders · oldest 10.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover 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 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (39 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
- 2024-11-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-19🔓Charge satisfied #4
- 2024-11-19🔓Charge satisfied #2
- 2024-10-02➖PIA, Antonio resigneddirector
- 2024-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-22➖CROLLA, Antonietta resigneddirector
- 2024-05-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-22🔓Charge satisfied #5
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 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
- 2023-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-01🔓Charge satisfied #3
- 2021-12-01🔓Charge satisfied #1
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-03🔒Charge registered #4Lender: Cynergy Bank Limited
- 2021-04-29🔒Charge registered #5Lender: 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
- 2018-12-12🔒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, Vincenzo appointedsecretary
- 2016-02-29➕CROLLA, Antonietta appointeddirector
- 2015-03-09🏢Company incorporatedAs MCTAGGART PROPERTIES LIMITED
- 2015-03-09➕CROLLA, Vincenzo appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mclean Properties Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mclean Properties Limited Corporate entity | 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
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|---|---|---|---|---|---|---|---|
| NOVO PROPERTY LTD→ SC591459 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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| PALACE PROPERTIES LTD.→ SC132725 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| PALACE RESIDENTIAL LETS LTD.→ SC067755 · est 1900 · no financials extracted | — | — | — | — | 126y | — | — |
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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 →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 (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Cynergy Bank Cynergy Bank Limited | A registered charge | 5 properties | 03/05/2021 | 19/11/2024 | |
| satisfied | Cynergy Bank Cynergy Bank Limited | A registered charge | — | 29/04/2021 | 22/04/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 2 properties | 12/12/2018 | 01/12/2021 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 06/04/2016 | 19/11/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 04/04/2016 | 01/12/2021 |