MGD ESTATES LIMITED

🏛️Establishedactive

SC561414 · ltd · incorporated 2017-03-24

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£8.5k

book net assets

Opportunity

69/100

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

Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 57/100. 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 (58/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 5.4y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 5.4 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

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

4 officers (2 active, 4 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

6 connected companies via shared directors

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £8,495

Cash YoY

+83%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£93k

↑ 83% YoY

Net Worth

£8k

↑ 437% YoY

Current Assets

£904k

↑ 4.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30
Total assets	£646.0k	£635.9k
Current assets	£903.5k	£863.5k
Cash	£92.7k	£50.5k
Debtors	£810.8k	£813.0k
Net assets	£8.5k	£-2.5k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-01
🔒
Charge registered #6
Lender: Shawbrook Bank Limited
2021-04-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-03-31
➖
CRAIG-GENTLES, Jamie Mary resigned
director
2021-03-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-26
🔒
Charge registered #5
Lender: The Mortgage Lender Limited
2021-02-26
🔒
Charge registered #4
Lender: The Mortgage Lender Limited
2021-02-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-11
🔒
Charge registered #3
Lender: Charter Court Financial Services Limited
2021-02-11
🔒
Charge registered #2
Lender: Charter Court Financial Services Limited
2021-02-11
🔒
Charge registered #1
Lender: Charter Court Financial Services Limited
2020-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-06
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-14
📄
change-person-director-company-with-change-date
officers · CH01
2019-06-21
➕
CRAIG-GENTLES, Jamie Mary appointed
director
2018-03-05
➖
CHRISTENSEN, Christopher Roy resigned
director
2017-04-28
➕
CHRISTENSEN, Christopher Roy appointed
director
2017-03-24
🏢
Company incorporated
As MGD ESTATES LIMITED
2017-03-24
➕
DAWSON, Graeme Paul appointed
director
2017-03-24
➕
GENTLES, Marc Jason Wallace appointed
director

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low

6 live charges

low

Heavily 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 Marc Jason Wallace Gentles Individual · British · DOB 04/1986 · age 40	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	24/03/2017
Mr Graeme Paul Dawson Individual · British · DOB 05/1978 · age 48	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	24/03/2017

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 · KY postcode area

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PCM PROPERTIES LIMITED→ SC142138 · est 1993	£1.18M £1.01M–£1.36M	—	£1.18M	—	33y	82	68y
G.W. DOUGLAS PROPERTY & GARAGE COMPANY LIMITED→ SC031202 · est 1955	£1.10M £938.6k–£1.27M	—	£1.10M	—	70y	82	70y
MVPR LIMITED→ SC240584 · est 2002	£753.5k £640.4k–£866.5k	—	£753.5k	—	23y	82	69y
A J W PROPERTIES (SCOTLAND) LIMITED→ SC254914 · est 2003	£631.0k £536.4k–£725.7k	—	£631.0k	—	22y	82	73y
BENTHEAD DEVELOPMENTS LIMITED→ SC123999 · est 1990	£469.5k £399.1k–£539.9k	—	£469.5k	—	36y	82	65y
ABBEYFORT HOLIDAYS LIMITED→ SC301687 · est 2006	£408.0k £346.8k–£469.2k	—	£408.0k	—	20y	83	61y
TAYLOR BROTHERS (PROPERTY DEVELOPMENT) LIMITED→ SC058985 · est 1975	£392.5k £333.7k–£451.4k	—	£392.5k	—	50y	83	79y
STARK'S PARK PROPERTIES LTD→ SC226922 · est 2002	£337.6k £287.0k–£388.3k	—	£337.6k	—	24y	82	75y
BRAEFIELD LIMITED→ SC158886 · est 1995	£292.4k £248.5k–£336.2k	—	£292.4k	—	31y	82	74y
GOOD NEWS (DUNFERMLINE) LIMITED→ SC168501 · est 1996	£126.6k £107.6k–£145.6k	—	£126.6k	—	29y	82	67y
SUMMITS INVESTMENTS LIMITED→ SC169947 · est 1996	£123.7k £105.1k–£142.3k	—	£123.7k	—	29y	82	73y
REGENTS ESTATES AND MORTGAGES LIMITED→ SC252333 · est 2003	£107.7k £91.5k–£123.8k	—	£107.7k	—	22y	82	64y

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

Incorporated2017-03-24

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

12 Abbey Street

St. Andrews

Fife

KY16 9LA

Scotland

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2027-03-11

Last: 2026-02-25

Officers (2 active · 2 resigned)

DAWSON, Graeme Paul→

director · ~48y · appointed 2017-03-24

View their other companies + combined net worth →

Active

GENTLES, Marc Jason Wallace→

director · ~40y · appointed 2017-03-24

View their other companies + combined net worth →

Active

CHRISTENSEN, Christopher Roy→

director · ~58y · appointed 2017-04-28 · resigned 2018-03-05

Resigned

CRAIG-GENTLES, Jamie Mary→

director · ~47y · appointed 2019-06-21 · resigned 2021-03-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	01/07/2021	—
outstanding	The Mortgage Lender The Mortgage Lender Limited	A registered charge	1 property	26/02/2021	—
outstanding	The Mortgage Lender The Mortgage Lender Limited	A registered charge	1 property	26/02/2021	—
outstanding	Precise Mortgages Charter Court Financial Services Limited	A registered charge	1 property	11/02/2021	—
outstanding	Precise Mortgages Charter Court Financial Services Limited	A registered charge	1 property	11/02/2021	—
outstanding	Precise Mortgages Charter Court Financial Services Limited	A registered charge	1 property	11/02/2021	—

Click column headers to sort. Use filters above to narrow by status and lender.