KELVIN RIVER TOWNHOUSES LIMITED

💤Zombieactive
SC520200 · ltd · incorporated 2015-11-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 58). 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 (73/100).

🏦

Refinance opportunity

19 live charges · oldest 10.4y

45/100
under pressure

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

  • · Oldest live charge is 10.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£1.3m£2.6m£4.0m£5.3m£6.6mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£8.43M
Current assets£4.47M
Cash£1.0k
Debtors£4.47M
Net assets£6.60M
Average employees1

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-12-05
    🔓
    Charge satisfied #4
  5. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2023-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2023-11-30
    🔓
    Charge satisfied #19
  24. 2023-11-30
    🔓
    Charge satisfied #18
  25. 2023-11-30
    🔓
    Charge satisfied #17
  26. 2023-11-30
    🔓
    Charge satisfied #16
  27. 2023-11-30
    🔓
    Charge satisfied #15
  28. 2023-11-30
    🔓
    Charge satisfied #14
  29. 2023-11-30
    🔓
    Charge satisfied #13
  30. 2023-11-30
    🔓
    Charge satisfied #12
  31. 2023-11-30
    🔓
    Charge satisfied #11
  32. 2023-11-30
    🔓
    Charge satisfied #10
  33. 2023-11-30
    🔓
    Charge satisfied #9
  34. 2023-11-30
    🔓
    Charge satisfied #8
  35. 2023-11-30
    🔓
    Charge satisfied #7
  36. 2023-11-30
    🔓
    Charge satisfied #6
  37. 2023-11-30
    🔓
    Charge satisfied #5
  38. 2023-11-30
    🔓
    Charge satisfied #3
  39. 2023-11-30
    🔓
    Charge satisfied #2
  40. 2023-11-30
    🔓
    Charge satisfied #1
  41. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  42. 2015-12-18
    🔒
    Charge registered #19
    Lender: Bank of Scotland PLC
  43. 2015-12-18
    🔒
    Charge registered #18
    Lender: Bank of Scotland PLC
  44. 2015-12-18
    🔒
    Charge registered #17
    Lender: Bank of Scotland PLC
  45. 2015-12-18
    🔒
    Charge registered #16
    Lender: Bank of Scotland PLC
  46. 2015-12-18
    🔒
    Charge registered #15
    Lender: Bank of Scotland PLC
  47. 2015-12-18
    🔒
    Charge registered #14
    Lender: Bank of Scotland PLC
  48. 2015-12-18
    🔒
    Charge registered #13
    Lender: Bank of Scotland PLC
  49. 2015-12-18
    🔒
    Charge registered #12
    Lender: Bank of Scotland PLC
  50. 2015-12-18
    🔒
    Charge registered #11
    Lender: Bank of Scotland PLC
Showing most recent 50 of 62 events

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Kelvin River Property Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Kelvin River Property Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
KELVIN RIVER TOWNHOUSES LIMITED
This company · SC520200

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%
NameSharesVoting rightsNature of controlNotified
Kelvin River Property Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2015-11-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (1 active · 0 resigned)

MCKECHNIE, Stephen John
director · ~58y · appointed 2015-11-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

19
Total charges
0
Outstanding
0
Active lenders
Status:Lender:19 of 19 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201505/12/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/12/201530/11/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/12/201530/11/2023

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30