THT MCBEY LTD

🏛️Establishedactive
SC569422 · ltd · incorporated 2017-06-22
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 8.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£-61.5k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 8.4y

70/100
ready

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

  • · Oldest live charge is 8.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
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
5 connected companies via shared directors
60
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £61,531
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£62k
↑ 16% YoY
Current Assets
£6k
↑ 118% YoY
Current Liabilities
-£73k-£57k-£41k-£26k-£10k£6kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets£221.8k£218.6k
Current assets£6.0k£2.7k
Net assets£-61.5k£-72.9k

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 (20 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-07-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2020-07-29
    🔓
    Charge satisfied #2
  10. 2019-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2018-11-02
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  14. 2018-01-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2017-12-22
    🔒
    Charge registered #1
    Lender: Tfg Capital Limited
  16. 2017-10-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  17. 2017-06-22
    🏢
    Company incorporated
    As THT MCBEY LTD
  18. 2017-06-22
    MCBEY, William James appointed
    director
  19. 2017-06-22
    ROBERTSON, Alan appointed
    director
  20. 2017-06-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MCBEY" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William James Mcbey
Individual · British · DOB 08/1964 · age 62
sig. influencesignificant influence22/06/2017
Alan Robertson
Individual · British · DOB 02/1970 · age 56
sig. influencesignificant influence22/06/2017

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
Incorporated2017-06-22
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

7 Forsyth Drive
Oldmeldrum
Inverurie
Aberdeenshire
AB51 0NW

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12

Officers (2 active · 0 resigned)

MCBEY, William James
director · ~62y · appointed 2017-06-22
View their other companies + combined net worth →
Active
ROBERTSON, Alan
director · ~56y · appointed 2017-06-22
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
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge02/11/201829/07/2020
outstanding
Tfg Capital
Tfg Capital Limited
A registered charge22/12/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
accounts-with-accounts-type-dormant
accounts · AA
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-12
accounts-with-accounts-type-dormant
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-26
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-17