I AND J PROPERTIES (RESIDENTIAL) LIMITED

🌳Matureactive
SC524646 · ltd · incorporated 2016-01-20
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
71/100
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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 9.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review 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£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees2200

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
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-06-07
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2024-01-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-01-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-01-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-01-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-09-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-08-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-12-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2022-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2022-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2016-09-21
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  21. 2016-09-21
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  22. 2016-08-02
    🔒
    Charge registered #1
    Lender: Shawbrook Bank Limited
  23. 2016-01-20
    🏢
    Company incorporated
    As I AND J PROPERTIES (RESIDENTIAL) LIMITED
  24. 2016-01-20
    MCKENNA, Ian Scott appointed
    director
  25. 2016-01-20
    MCKENNA, Jennifer Norma appointed
    director

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-02

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Scott Mckenna
Individual · British · DOB 10/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Jennifer Norma Mckenna
Individual · Scottish · DOB 03/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated2016-01-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

16 Gordon Park
Orchardbank Industrial Estate
Forfar
DD8 1WJ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-02-02OVERDUE
Last: 2025-01-19

Officers (2 active · 0 resigned)

MCKENNA, Ian Scott
director · ~58y · appointed 2016-01-20
View their other companies + combined net worth →
Active
MCKENNA, Jennifer Norma
director · ~51y · appointed 2016-01-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property21/09/2016
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property21/09/2016
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge4 properties02/08/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-30
change-account-reference-date-company-previous-extended
accounts · AA01
2024-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-02
change-person-director-company-with-change-date
officers · CH01
2024-01-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-18
change-person-director-company-with-change-date
officers · CH01
2024-01-18
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-23
gazette-notice-compulsory
gazette · GAZ1
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13