PROME PROPERTIES LTD

🏛️Establishedactive
SC559362 · ltd · incorporated 2017-03-03
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
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: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 7.4y

70/100
ready

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

  • · Oldest live charge is 7.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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£0£0£0£0£0Mar 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
Average employees400400

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-05-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2021-04-08
    🔒
    Charge registered #2
    Lender: Paragon Bank PLC
  13. 2020-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-09-27
    📄
    mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-12-19
    🔒
    Charge registered #1
    Lender: Kensington Mortgage Company Limited
  17. 2018-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-11-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2018-11-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2018-10-25
    HTET-KHIN, Lorna Helen appointed
    director
  21. 2018-10-25
    MCRAE, Sarah Isobel appointed
    director
  22. 2017-03-03
    🏢
    Company incorporated
    As PROME PROPERTIES LTD
  23. 2017-03-03
    HTET-KHIN, Kenneth appointed
    director
  24. 2017-03-03
    MCRAE, Colin Robertson appointed
    director

Owner dependency

48/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mrs Sarah Isobel Mcrae
Individual · British · DOB 03/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/05/2023
Mrs Lorna Helen Htet-Khin
Individual · British · DOB 06/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/05/2023
Mr Kenneth Htet-Khin
Individual · British · DOB 06/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/03/2017
Mr Colin Robertson Mcrae
Individual · British · DOB 01/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/03/2017

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 →

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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
Incorporated2017-03-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Facts & Figures
13 Rutland Street
Edinburgh
EH1 2AE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (4 active · 0 resigned)

HTET-KHIN, Kenneth
director · ~51y · appointed 2017-03-03
View their other companies + combined net worth →
Active
HTET-KHIN, Lorna Helen
director · ~47y · appointed 2018-10-25
View their other companies + combined net worth →
Active
MCRAE, Colin Robertson
director · ~48y · appointed 2017-03-03
View their other companies + combined net worth →
Active
MCRAE, Sarah Isobel
director · ~49y · appointed 2018-10-25
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property08/04/2021
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property19/12/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-06