MERRYFIELD IC LTD
🏛️Establishedactive
SC591826 · ltd · incorporated 2018-03-19
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. 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 (65/100).
🏦
Refinance opportunity
10 live charges · 4 lenders · oldest 8.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
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 · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-03-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-18➕DEAN, Bethany appointeddirector
- 2025-06-18➕HARRISON, Laura appointeddirector
- 2025-06-18➕HARRISON, Thomas appointeddirector
- 2025-04-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-21📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-03➖HARRISON, Alison Jayne resigneddirector
- 2025-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-11🔒Charge registered #10Lender: Hampden & Co. PLC
- 2025-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-31🔒Charge registered #9Lender: Hampden & Co PLC
- 2024-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-17🔓Charge satisfied #6
- 2024-09-17🔓Charge satisfied #5
- 2024-09-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-06🔓Charge satisfied #4
- 2024-09-06🔓Charge satisfied #3
- 2024-09-06🔓Charge satisfied #2
- 2024-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-30🔒Charge registered #8Lender: Hampden & Co. PLC
- 2024-08-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-27🔒Charge registered #7Lender: Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
- 2023-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-22🔒Charge registered #6Lender: Bank of Scotland PLC
- 2022-10-12🔓Charge satisfied #1
- 2022-10-03🔒Charge registered #4Lender: Bank of Scotland PLC
- 2022-09-30🔒Charge registered #5Lender: Bank of Scotland PLC
- 2018-06-19🔒Charge registered #3Lender: Bank of Scotland PLC
- 2018-04-06🔒Charge registered #2Lender: Bank of Scotland PLC
- 2018-03-21🔒Charge registered #1Lender: Bank of Scotland PLC
- 2018-03-19🏢Company incorporatedAs MERRYFIELD IC LTD
- 2018-03-19➕HARRISON, Simon Charles appointeddirector
- 2018-03-19➕HARRISON, Alison Jayne appointeddirector
Owner dependency
56/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Harrison Individual · British · DOB 04/1966 · age 60 | 75–100% | — | 75-100% shares | 13/02/2026 |
1 historic (ceased) PSC
- Mrs Alison Jayne Harrisonceased 13/02/2026· 25-50% shares · 25-50% voting
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CODEBASE LTD→ SC437306 · est 2012 | — | £11.72M | — | 9600 | 13y | 84 | 60y |
| RETTIE & COMPANY LIMITED→ SC144330 · est 1993 | — | — | — | 179 | 33y | 87 | 66y |
| CARDROSS ESTATES LIMITED→ SC129609 · est 1991 | — | — | — | 0 | 35y | 85 | 63y |
| 10 CABOT SQUARE I UNIT TRUST LP LIMITED→ SC312220 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 10 CABOT SQUARE II UNIT TRUST LP LIMITED→ SC312226 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 1ST&68TH ENTERPRISES LTD→ SC245182 · est 2003 | — | — | — | 200 | 23y | 83 | 58y |
| 20 CABOT SQUARE I UNIT TRUST LP LIMITED→ SC312214 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 20 CABOT SQUARE II UNIT TRUST LP LIMITED→ SC312229 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| BRUCE & COMPANY LIMITED→ SC190660 · est 1998 | — | — | — | 200 | 27y | 83 | 63y |
| BUCCLEUCH PROPERTY (NEWTOWN ST BOSWELLS) LIMITED→ SC341348 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 61y |
| BUCCLEUCH PROPERTY (SHERIFFHALL SOUTH) LIMITED→ SC327090 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 61y |
| WYLES PROPERTY GROUP LTD→ SC869076 · 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
Incorporated2018-03-19
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Units 6 & 7 Macmerry Industrial Estate
Tranent
EH33 1RD
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-01
Last: 2026-03-18
Officers (4 active · 1 resigned)
DEAN, Bethany→
Activedirector · ~28y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Laura→
Activedirector · ~24y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Simon Charles→
Activedirector · ~60y · appointed 2018-03-19
View their other companies + combined net worth →
HARRISON, Thomas→
Activedirector · ~28y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Alison Jayne→
Resigneddirector · ~61y · appointed 2018-03-19 · resigned 2025-04-03
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
4
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hampden & Co. Hampden & Co. PLC | A registered charge | 1 property | 11/02/2025 | — | |
| outstanding | Hampden & Co Hampden & Co PLC | A registered charge | 1 property | 31/01/2025 | — | |
| outstanding | Hampden & Co. Hampden & Co. PLC | A registered charge | 1 property | 30/08/2024 | — | |
| outstanding | Hampden & Co , 9 Charlotte Square, Edinburgh, EH2 4DR Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR | A registered charge | 1 property | 27/08/2024 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 22/11/2022 | 17/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 03/10/2022 | 06/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/09/2022 | 17/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/06/2018 | 06/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/04/2018 | 06/09/2024 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 21/03/2018 | 12/10/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-22
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-04-21
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-17