NEVIS PROPERTIES LIMITED
🌳Matureactive
SC535937 · ltd · incorporated 2016-05-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
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 72/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
69 live charges · 6 lenders · oldest 9.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 9.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)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
69 charges (69/69 with lender, 69/69 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
15 connected companies via shared directors
90
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
66
Some moderate concerns — review 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £52.14M |
| Current assets | — | £7.70M |
| Cash | — | £371.5k |
| Debtors | — | £7.33M |
| Net assets | — | £19.48M |
| Average employees | 2 | — |
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
1
filing
- • 1 mortgage
Last 90 days
8
filings
- • 8 mortgage
Last 180 days
8
filings
- • 8 mortgage
Counts from Companies House filing history.
Corporate timeline (102 events)Click to expand
- 2026-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-06🔓Charge satisfied #66
- 2026-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-31🔒Charge registered #68Lender: Bank of Scotland PLC
- 2026-03-31🔒Charge registered #67Lender: Bank of Scotland PLC
- 2026-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-26🔒Charge registered #69Lender: Bank of Scotland PLC
- 2026-03-25🔒Charge registered #65Lender: Bank of Scotland PLC
- 2026-03-25🔒Charge registered #64Lender: Bank of Scotland PLC
- 2026-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-23🔒Charge registered #66Lender: Bank of Scotland PLC
- 2026-03-23🔒Charge registered #63Lender: Bank of Scotland PLC
- 2025-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-25🔒Charge registered #62Lender: Bank of Scotland PLC
- 2025-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-07🔒Charge registered #61Lender: Bank of Scotland PLC
- 2025-07-02🔒Charge registered #60Lender: Bank of Scotland PLC
- 2025-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-28🔒Charge registered #59Lender: Bank of Scotland PLC
- 2024-12-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-23🔒Charge registered #58Lender: Bank of Scotland PLC
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-12🔒Charge registered #57Lender: Bank of Scotland PLC
- 2024-12-12🔒Charge registered #56Lender: Lloyds Bank Corporate Markets PLC
- 2024-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-06🔒Charge registered #55Lender: Bank of Scotland PLC
- 2024-02-06🔒Charge registered #54Lender: Bank of Scotland PLC
- 2023-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-05🔒Charge registered #53Lender: Bank of Scotland PLC
- 2023-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-03🔒Charge registered #52Lender: Bank of Scotland PLC
- 2023-04-03🔒Charge registered #51Lender: Bank of Scotland PLC
- 2023-03-29🔒Charge registered #50Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #49Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #48Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #47Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #46Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #45Lender: Bank of Scotland PLC
- 2022-10-14🔒Charge registered #44Lender: Bank of Scotland PLC
- 2022-05-30🔒Charge registered #43Lender: Bank of Scotland PLC
Showing most recent 50 of 102 events
Owner dependency
71/100
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 58 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 58. 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
2 med · 1 low10 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-31: A registered charge; 2026-03-31: A registered charge; 2026-03-26: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
61 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 Stephen John Mckechnie Individual · British · DOB 09/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 20/05/2016 |
Mr Marcus Taylor Individual · British · DOB 02/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 20/05/2016 |
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 →Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GANDER EQUITIES LIMITED→ SC038884 · est 1963 | £5.39M £4.58M–£6.20M | — | £5.39M | — | 62y | 83 | 87y |
| DOMINPLAN PROPERTY CO. LIMITED→ SC039504 · est 1963 | £1.92M £1.63M–£2.21M | — | £1.92M | — | 62y | 83 | 89y |
| NEWTON PROPERTY MANAGEMENT LTD.→ SC224378 · est 2001 | £1.45M £1.23M–£1.66M | — | £1.45M | — | 24y | 83 | 70y |
| MILBEAR HOLDINGS (GLASGOW) LIMITED→ SC046691 · est 1969 | £974.3k £828.2k–£1.12M | — | £974.3k | — | 56y | 83 | 101y |
| CITYPROP INVESTMENTS LTD.→ SC157489 · est 1995 | £927.3k £788.2k–£1.07M | — | £927.3k | — | 31y | 83 | 87y |
| CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008 | £623.3k £529.8k–£716.8k | — | £623.3k | — | 17y | 83 | 70y |
| INNOVATION PROPERTIES LIMITED→ SC312436 · est 2006 | £444.7k £378.0k–£511.4k | — | £444.7k | — | 19y | 83 | 86y |
| OREBLOCK LIMITED→ SC161313 · est 1995 | £146.5k £124.6k–£168.5k | — | £146.5k | — | 30y | 83 | 69y |
| HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→ SC315228 · est 2007 | £132.9k £113.0k–£152.9k | — | £132.9k | — | 19y | 83 | 68y |
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| GALEN PROPERTIES LTD→ SC283636 · est 2005 | £64.1k £54.5k–£73.7k | — | £64.1k | — | 21y | 83 | 62y |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 | £53.3k £45.3k–£61.3k | — | £53.3k | — | 22y | 83 | 70y |
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
Incorporated2016-05-20
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: 2026-05-28
Last: 2025-05-14
Officers (2 active · 0 resigned)
MCKECHNIE, Stephen John→
Activedirector · ~58y · appointed 2016-05-20
View their other companies + combined net worth →
TAYLOR, Marcus→
Activedirector · ~36y · appointed 2016-05-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
69
Total charges
61
Outstanding
1
Active lenders
Status:Lender:69 of 69 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 31/03/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 31/03/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 26/03/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 25/03/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 25/03/2026 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 23/03/2026 | 06/05/2026 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 23/03/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 25/09/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 07/07/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 02/07/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 28/01/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 23/12/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 12/12/2024 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank Corporate Markets PLC | A registered charge | 2 properties | 12/12/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 06/02/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/02/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 05/06/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 03/04/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 03/04/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/03/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 4 properties | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 14/10/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 30/05/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 30/05/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 30/05/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/08/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 11/09/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 4 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 7 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 5 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 25/06/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Company Number SC327000) | A registered charge | 1 property | 19/06/2019 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Company Number SC327000) | A registered charge | 1 property | 19/06/2019 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Company Number SC327000) | A registered charge | 1 property | 19/06/2019 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Company Number SC327000) | A registered charge | 2 properties | 19/06/2019 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Company Number SC327000) | A registered charge | 1 property | 19/06/2019 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (Registered Number SC237000) | A registered charge | — | 14/06/2019 | — | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 3 properties | 23/08/2018 | 23/04/2020 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | — | 25/07/2018 | 18/06/2019 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 24/04/2017 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 21/04/2017 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 07/04/2017 | 02/07/2018 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 07/04/2017 | 02/07/2018 | |
| satisfied | Stephen John Mckechnie | A registered charge | 1 property | 10/11/2016 | 27/06/2019 | |
| satisfied | Stephen John Mckechnie | A registered charge | 1 property | 10/11/2016 | 27/06/2019 | |
| satisfied | Stephen John Mckechnie | A registered charge | — | 28/10/2016 | 18/06/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (105 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-24