MK PROPERTIES DUNDEE LTD

🏛️Establishedactive
SC569111 · ltd · incorporated 2017-06-20
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 Jun 2025
Net worth
£1.4k
book net assets
Opportunity
75/100
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 acceptable with review structure.

Opportunity 75/100 (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. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

15 live charges · 6 lenders · oldest 7.6y

35/100
too messy

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

  • · Oldest live charge is 7.6 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 (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
15 charges (15/15 with lender, 15/15 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
1 connected companies via shared directors
48
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
75/100Strong
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
82
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 £1,445
Cash YoY
+152%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↑ 152% YoY
Net Worth
£1k
↑ 437% YoY
Current Assets
—
Current Liabilities
—
£0£1k£3k£4k£6k£7kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£1.4k£269
Cash£7.3k£2.9k
Net assets£1.4k£269

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-09-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-07-14
    🔒
    Charge registered #15
    Lender: Shawbrook Bank Limited
  12. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-04-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-04-26
    🔒
    Charge registered #14
    Lender: Lendinvest Btl Limited
  15. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-04-14
    🔒
    Charge registered #13
    Lender: Together Commercial Finance Limited
  18. 2021-03-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2020-11-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2020-10-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-08-01
    🔒
    Charge registered #12
    Lender: Together Commercial Finance Limited
  23. 2019-08-01
    🔒
    Charge registered #11
    Lender: Together Commercial Finance Limited
  24. 2019-07-30
    🔒
    Charge registered #9
    Lender: Paragon Bank PLC
  25. 2019-07-30
    🔓
    Charge satisfied #8
  26. 2019-07-29
    🔒
    Charge registered #10
    Lender: Together Commercial Finance Limited
  27. 2019-07-03
    🔒
    Charge registered #8
    Lender: Paragon Bank PLC
  28. 2018-10-15
    🔒
    Charge registered #7
    Lender: Charter Court Financial Services Limited
  29. 2018-10-01
    🔒
    Charge registered #6
    Lender: The Mortgage Works (UK) PLC
  30. 2018-10-01
    🔒
    Charge registered #5
    Lender: The Mortgage Works (UK) PLC
  31. 2018-10-01
    🔒
    Charge registered #4
    Lender: The Mortgage Works (UK) PLC
  32. 2018-10-01
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  33. 2018-10-01
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  34. 2018-10-01
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  35. 2017-06-20
    🏢
    Company incorporated
    As MK PROPERTIES DUNDEE LTD
  36. 2017-06-20
    ➕
    KYDD, Margaret Whyte appointed
    director
  37. 2017-06-20
    ➕
    KYDD, Michael John Connor appointed
    director

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
14 live charges
low

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael John Connor Kydd
Individual · British · DOB 12/1987 · age 39
25–50%
25–50%board control25-50% shares · 25-50% voting · board control20/06/2017
Mrs Margaret Whyte Kydd
Individual · British · DOB 04/1962 · age 64
25–50%
25–50%board control25-50% shares · 25-50% voting · board control20/06/2017

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

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
Incorporated2017-06-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

17 Station Crescent
Invergowrie
Dundee
DD2 5DT
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (2 active · 0 resigned)

KYDD, Margaret Whyte→
director · ~64y · appointed 2017-06-20
View their other companies + combined net worth →
Active
KYDD, Michael John Connor→
director · ~39y · appointed 2017-06-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

15
Total charges
14
Outstanding
6
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property14/07/2022—
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property26/04/2022—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property14/04/2021—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property01/08/2019—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property01/08/2019—
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property30/07/2019—
outstanding
Together Money
Together Commercial Finance Limited
A registered charge—29/07/2019—
satisfied
Paragon
Paragon Bank PLC / Paragon Mortgages (2010) Limited
A registered charge—03/07/201930/07/2019
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property15/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property01/10/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
gazette-notice-compulsory
gazette · GAZ1
2024-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
gazette-notice-compulsory
gazette · GAZ1
2023-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30