NIMBUS PROPERTIES LIMITED

🏛️Establishedactive
SC563415 · ltd · incorporated 2017-04-13
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.6y old — refinance window within 12 months
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 Apr 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 76-year-old founder — textbook succession opportunity.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 2 lenders · oldest 8.6y

70/100
ready

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

  • · Oldest live charge is 8.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 6 total, 6 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
42 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
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Average employees100100

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

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 (36 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-21
    ➕
    LETLEY, Paul David appointed
    director
  6. 2022-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-10-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-10-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-10-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2022-10-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-10-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-04-06
    ➖
    LETLEY, Paul David resigned
    director
  13. 2022-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-02-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-02-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2021-02-19
    🔓
    Charge satisfied #4
  18. 2021-02-19
    🔓
    Charge satisfied #3
  19. 2020-03-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2020-03-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2020-03-18
    🔒
    Charge registered #9
    Lender: Shawbrook Bank Limited
  22. 2020-03-18
    🔒
    Charge registered #8
    Lender: Shawbrook Bank Limited
  23. 2020-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2019-09-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  25. 2019-05-08
    🔓
    Charge satisfied #6
  26. 2018-09-11
    ➕
    BROWN, June Mary appointed
    director
  27. 2018-08-22
    🔓
    Charge satisfied #5
  28. 2018-01-11
    🔒
    Charge registered #7
    Lender: Assetz Capital Trust Company Limited
  29. 2017-12-04
    🔒
    Charge registered #4
    Lender: Assetz Capital Trust Company Limited
  30. 2017-12-01
    🔒
    Charge registered #6
    Lender: Assetz Capital Trust Company Limited
  31. 2017-12-01
    🔒
    Charge registered #5
    Lender: Assetz Capital Trust Company Limited
  32. 2017-12-01
    🔒
    Charge registered #3
    Lender: Assetz Capital Trust Company Limited
  33. 2017-11-30
    🔒
    Charge registered #2
    Lender: Assetz Capital Trust Company Limited
  34. 2017-11-08
    🔒
    Charge registered #1
    Lender: Assetz Capital Trust Company Limited
  35. 2017-04-13
    🏢
    Company incorporated
    As NIMBUS PROPERTIES LIMITED
  36. 2017-04-13
    ➕
    LETLEY, Paul David appointed
    director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med · 1 low
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.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Joseph Norman Brown
Individual · British · DOB 05/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2022
Ms Rachael Brown
Individual · British · DOB 09/1975 · age 51
25–50%
25–50%25-50% shares · 25-50% voting06/04/2022
Mr John Leslie Brown
Individual · British · DOB 03/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting06/04/2022
3 historic (ceased) PSCs
  • Mr Paul David Letleyceased 06/04/2022· 75-100% shares
  • Mrs June Mary Brownceased 01/09/2019· 75-100% voting
  • Paul David Letleyceased 05/09/2018· 75-100% shares · 75-100% voting · board control

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
Incorporated2017-04-13
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

4 Valentine Court
Dunsinane Industrial Estate
Dundee
DD2 3QB
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 1 resigned)

BROWN, June Mary→
director · ~76y · appointed 2018-09-11
View their other companies + combined net worth →
Active
LETLEY, Paul David→
director · ~69y · appointed 2022-10-21
View their other companies + combined net worth →
Active
LETLEY, Paul David→
director · ~69y · appointed 2017-04-13 · resigned 2022-04-06
Resigned

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

Mortgages & charges

9
Total charges
5
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property18/03/2020—
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property18/03/2020—
outstanding
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge2 properties11/01/2018—
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property04/12/201719/02/2021
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge2 properties01/12/201708/05/2019
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge2 properties01/12/201722/08/2018
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property01/12/201719/02/2021
outstanding
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property30/11/2017—
outstanding
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property08/11/2017—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-18
appoint-person-director-company-with-name-date
officers · AP01
2022-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-13
termination-director-company-with-name-termination-date
officers · TM01
2022-10-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-21