WEST END PROPERTIES (GLASGOW) LIMITED

🏛️Establishedactive
SC570600 · ltd · incorporated 2017-07-06
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 Nov 2024
Net worth
£276.4k
book net assets
Opportunity
70/100
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 70/100 (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. 4 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 · 4 lenders · oldest 8.2y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
6 charges (6/6 with lender, 6/6 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
Network not yet resolved
30
Filing history
32 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
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £276,433
Cash draining
Cash down 85% YoY
Cash YoY
-85%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£13k
↓ 85% YoY
Net Worth
£276k
↑ 204% YoY
Current Assets
£337k
↑ 126% YoY
Current Liabilities
—
£0£67k£135k£202k£270k£337kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£798.6k£615.5k
Current assets£337.2k£149.2k
Cash£13.2k£87.0k
Debtors£324.0k£62.2k
Net assets£276.4k£91.0k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-12-30
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-22
    ➕
    MCMILLAN, Dianna Abigail appointed
    director
  11. 2021-12-22
    📄
    capital-allotment-shares
    capital · SH01
  12. 2021-12-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2020-12-17
    🔒
    Charge registered #6
    Lender: Charter Court Financial Services Limited, Trading as Precise Mortgages
  16. 2020-05-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2020-05-12
    🔒
    Charge registered #5
    Lender: Charter Court Financial Services Limited, Trading as Precise Mortgages
  18. 2020-02-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2020-02-20
    🔒
    Charge registered #4
    Lender: Charter Court Financial Services Limited (Trading as Precise Mortgages)
  20. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2019-07-12
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  23. 2019-06-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2019-06-25
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  25. 2018-03-06
    🔒
    Charge registered #1
    Lender: Charter Court Financial Services Limited
  26. 2017-07-06
    🏢
    Company incorporated
    As WEST END PROPERTIES (GLASGOW) LIMITED
  27. 2017-07-06
    ➕
    MCMILLAN, Colin appointed
    director

Owner dependency

71/100
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.
  • +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

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
NameSharesVoting rightsNature of controlNotified
Mrs Dianna Abigail Mcmillan
Individual · British · DOB 02/1971 · age 55
25–50%
25–50%board control25-50% shares · 25-50% voting · board control22/12/2021
Mr Colin Mcmillan
Individual · British · DOB 11/1979 · age 47
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/07/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-07-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (2 active · 0 resigned)

MCMILLAN, Colin→
director · ~47y · appointed 2017-07-06
View their other companies + combined net worth →
Active
MCMILLAN, Dianna Abigail→
director · ~55y · appointed 2021-12-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
6
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Precise Mortgages
Charter Court Financial Services Limited, Trading as Precise Mortgages
A registered charge2 properties17/12/2020—
outstanding
Precise Mortgages
Charter Court Financial Services Limited, Trading as Precise Mortgages
A registered charge2 properties12/05/2020—
outstanding
Precise Mortgages
Charter Court Financial Services Limited (Trading as Precise Mortgages)
A registered charge2 properties20/02/2020—
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property12/07/2019—
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property25/06/2019—
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property06/03/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-07
resolution
resolution · RESOLUTIONS
2021-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
capital-allotment-shares
capital · SH01
2021-12-22
appoint-person-director-company-with-name-date
officers · AP01
2021-12-22