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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 8.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-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 8.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
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
8 connected companies via shared directors
69
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 100 | 100 |
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
- 2026-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-21➕LETLEY, Paul David appointeddirector
- 2022-10-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-06➖LETLEY, Paul David resigneddirector
- 2022-01-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-19🔓Charge satisfied #4
- 2021-02-19🔓Charge satisfied #3
- 2020-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-18🔒Charge registered #9Lender: Shawbrook Bank Limited
- 2020-03-18🔒Charge registered #8Lender: Shawbrook Bank Limited
- 2020-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-05-08🔓Charge satisfied #6
- 2018-09-11➕BROWN, June Mary appointeddirector
- 2018-08-22🔓Charge satisfied #5
- 2018-01-11🔒Charge registered #7Lender: Assetz Capital Trust Company Limited
- 2017-12-04🔒Charge registered #4Lender: Assetz Capital Trust Company Limited
- 2017-12-01🔒Charge registered #6Lender: Assetz Capital Trust Company Limited
- 2017-12-01🔒Charge registered #5Lender: Assetz Capital Trust Company Limited
- 2017-12-01🔒Charge registered #3Lender: Assetz Capital Trust Company Limited
- 2017-11-30🔒Charge registered #2Lender: Assetz Capital Trust Company Limited
- 2017-11-08🔒Charge registered #1Lender: Assetz Capital Trust Company Limited
- 2017-04-13🏢Company incorporatedAs NIMBUS PROPERTIES LIMITED
- 2017-04-13➕LETLEY, Paul David appointeddirector
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple 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 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Joseph Norman Brown Individual · British · DOB 05/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2022 |
Ms Rachael Brown Individual · British · DOB 09/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2022 |
Mr John Leslie Brown Individual · British · DOB 03/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2022 |
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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OMEBB PROPERTY LTD→ SC685544 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| OSPREY PARK PROPERTIES LTD→ SC737884 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PALMS PROPERTY MANAGEMENT LTD→ SC755517 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PARAGON PROJECTS SCOTLAND LTD→ SC683378 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PASIMANIP LTD→ SC716066 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PEGU PROPERTY LIMITED→ SC703736 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PETRIE BROTHERS OF DUNDEE. LIMITED→ SC030699 · est 1955 · no financials extracted | — | — | — | — | 71y | — | — |
| PIERRICK INVESTMENTS LIMITED→ SC595291 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| PIPELAND LIMITED→ SC499304 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| PIPERGLEN LIMITED→ SC859038 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PIRIE PROPERTY MANAGEMENT LTD→ SC693923 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| PIRNHILL MANOR PROPERTIES LTD→ SC867978 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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→
Activedirector · ~76y · appointed 2018-09-11
View their other companies + combined net worth →
LETLEY, Paul David→
Activedirector · ~69y · appointed 2022-10-21
View their other companies + combined net worth →
LETLEY, Paul David→
Resigneddirector · ~69y · appointed 2017-04-13 · resigned 2022-04-06
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 18/03/2020 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 18/03/2020 | — | |
| outstanding | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 2 properties | 11/01/2018 | — | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 04/12/2017 | 19/02/2021 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 2 properties | 01/12/2017 | 08/05/2019 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 2 properties | 01/12/2017 | 22/08/2018 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 01/12/2017 | 19/02/2021 | |
| outstanding | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 30/11/2017 | — | |
| outstanding | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 08/11/2017 | — |
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