PADDY ESTATES LTD
🌳Matureactive
SC501508 · ltd · incorporated 2015-03-25
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 Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 59). 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 (65/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 9.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 9.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 100 |
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
2
filings
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 90 days
5
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 1 miscellaneous
Last 180 days
6
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-19📄legacymiscellaneous · RP01PSC01
- 2026-02-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-23🔓Charge satisfied #4
- 2023-05-23🔓Charge satisfied #2
- 2023-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-16🔓Charge satisfied #1
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-17🔒Charge registered #7Lender: Allica Bank Limited
- 2022-08-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-26🔓Charge satisfied #6
- 2022-08-26🔓Charge satisfied #5
- 2022-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-18🔓Charge satisfied #3
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-09-22➕FLYNN, Adam Simon appointedsecretary
- 2020-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-01🔒Charge registered #6Lender: Wre South Road Limited
- 2019-12-18🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2019-12-18🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2017-03-02🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2017-03-02🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2017-02-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2015-03-25🏢Company incorporatedAs PADDY ESTATES LTD
- 2015-03-25➕FLYNN, Rachel appointeddirector
- 2015-03-25➕FLYNN, Simon Douglas appointeddirector
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
- +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
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Flynn Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/03/2021 |
Rachel Flynn Individual · British · DOB 08/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/03/2017 |
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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MNA (SCOTLAND) LIMITED→ SC283813 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| MYLES INVESTMENTS LTD→ SC786754 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| NETTIES GARRET LTD→ SC859593 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NOVAH PROPERTIES LTD→ SC875158 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OKHAI PROPERTIES LIMITED→ SC857571 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OMEBB PROPERTY LTD→ SC685544 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ONYX ASSET MANAGEMENT LIMITED→ SC547547 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| OSPREY PARK PROPERTIES LTD→ SC737884 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| OSWALD PATTIE (TAYPORT) LIMITED→ SC034349 · est 1959 · no financials extracted | — | — | — | — | 66y | — | — |
| OWNERS IN COMMON (THE HUB) LIMITED→ SC827537 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PAINTED OVAL LTD→ SC559553 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| PAISLEY ASSET MANAGERS LIMITED→ SC362022 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2015-03-25
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
29 Commercial Street
Dundee
DD1 3DG
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25
Officers (3 active · 0 resigned)
Active
FLYNN, Rachel→
Activedirector · ~43y · appointed 2015-03-25
View their other companies + combined net worth →
FLYNN, Simon Douglas→
Activedirector · ~59y · appointed 2015-03-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Allica Bank Allica Bank Limited | A registered charge | 2 properties | 17/10/2022 | — | |
| satisfied | Wre South Road Wre South Road Limited | A registered charge | 1 property | 01/07/2020 | 26/08/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 18/12/2019 | 26/08/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 18/12/2019 | 23/05/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/03/2017 | 18/02/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/03/2017 | 23/05/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 24/02/2017 | 16/05/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
legacy
miscellaneous · RP01PSC01
2026-03-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22