JMAX PROPERTIES LTD
🏛️Establishedactive
SC613384 · ltd · incorporated 2018-11-12
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
- · Hygiene score: 85 → 90
What changed my view
Last 30 days
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Hygiene score: 85 → 90
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (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. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
16 live charges · 9 lenders · oldest 6.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · 9 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
16 charges (16/16 with lender, 16/16 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
2 connected companies via shared directors
51
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
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 | 2025-03-31 | 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
4 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
- • 2 mortgage
Last 180 days
2
filings
- • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-27🔓Charge satisfied #7
- 2026-04-27🔓Charge satisfied #4
- 2025-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-23🔒Charge registered #16Lender: The Mortgage Works (UK) PLC
- 2025-07-22🔒Charge registered #15Lender: The Mortgage Works (UK) PLC
- 2025-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-21🔒Charge registered #14Lender: Aldermore Bank PLC
- 2025-03-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-19🔓Charge satisfied #3
- 2024-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05🔒Charge registered #13Lender: Aldermore Bank PLC
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31🔓Charge satisfied #1
- 2024-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-23🔓Charge satisfied #5
- 2023-07-23🔓Charge satisfied #2
- 2023-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-14🔒Charge registered #12Lender: Paratus Amc Limited
- 2022-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-12🔒Charge registered #11Lender: Aldermore Bank PLC
- 2022-03-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-08🔓Charge satisfied #6
- 2022-03-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-28🔒Charge registered #10Lender: Aldermore Bank PLC
- 2021-11-05🔒Charge registered #9Lender: The Mortgage Lender Limited
- 2021-07-07🔒Charge registered #8Lender: Paragon Bank PLC
- 2021-03-25🔒Charge registered #7Lender: Charter Court Financial Services Limited
- 2021-02-01🔒Charge registered #6Lender: Clarke Signs Scotland Limited
- 2020-10-02🔒Charge registered #5Lender: The Mortgage Lender Limited
- 2020-07-28🔒Charge registered #4Lender: Charter Court Financial Services Limited
- 2020-05-08🔒Charge registered #3Lender: Charter Court Financial Services Limited
- 2019-09-02🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2019-08-01🔒Charge registered #1Lender: Charter Court Financial Services Limited (Trading as Precise Mortgages)
- 2018-11-12🏢Company incorporatedAs JMAX PROPERTIES LTD
- 2018-11-12➕MCLAREN, Elaine Patricia appointeddirector
- 2018-11-12➕MCLAREN, Thomas Scott appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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 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.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Scott Mclaren Individual · British · DOB 12/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 12/11/2018 |
Mrs Elaine Patricia Mclaren Individual · British · DOB 08/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 12/11/2018 |
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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKZ PROPERTIES LIMITED→ SC198072 · est 1999 | £2.10M £1.78M–£2.41M | — | £2.10M | — | 26y | 82 | 83y |
| NMS PORTFOLIO LIMITED→ SC168894 · est 1996 | £808.0k £686.8k–£929.3k | — | £808.0k | — | 29y | 83 | 75y |
| KENTALLEN ADVENTURE LTD.→ SC290827 · est 2005 | £630.6k £536.0k–£725.1k | — | £630.6k | — | 20y | 82 | 68y |
| CITY LETS (GLASGOW) LIMITED→ SC160734 · est 1995 | £622.8k £529.4k–£716.2k | — | £622.8k | — | 30y | 82 | 87y |
| FERNOCH LIMITED→ SC301506 · est 2006 | £593.0k £504.0k–£681.9k | — | £593.0k | — | 20y | 82 | 73y |
| D M & S PROPERTIES LTD.→ SC295500 · est 2006 | £570.4k £484.8k–£655.9k | — | £570.4k | — | 20y | 82 | 78y |
| GREENPORT LIMITED→ SC300747 · est 2006 | £532.4k £452.6k–£612.3k | — | £532.4k | — | 20y | 82 | 72y |
| COLPROP LIMITED→ SC151689 · est 1994 | £531.5k £451.8k–£611.2k | — | £531.5k | — | 31y | 82 | 84y |
| D.N. MUNRO LIMITED→ SC273184 · est 2004 | £420.7k £357.6k–£483.9k | — | £420.7k | — | 21y | 82 | 58y |
| CORBEN LTD→ SC174048 · est 1997 | £218.8k £186.0k–£251.6k | — | £218.8k | — | 29y | 82 | 68y |
| CK HAIR LTD.→ SC194511 · est 1999 | £153.0k £130.0k–£175.9k | — | £153.0k | — | 27y | 82 | 60y |
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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
Incorporated2018-11-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
51 Moss Street
Paisley
PA1 1DR
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (2 active · 0 resigned)
MCLAREN, Elaine Patricia→
Activedirector · ~49y · appointed 2018-11-12
View their other companies + combined net worth →
MCLAREN, Thomas Scott→
Activedirector · ~51y · appointed 2018-11-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
9
Outstanding
5
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 23/07/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 22/07/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 05/08/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 12/05/2022 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 28/02/2022 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 05/11/2021 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 07/07/2021 | — | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 25/03/2021 | 27/04/2026 | |
| satisfied | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 01/02/2021 | 08/03/2022 | |
| satisfied | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 02/10/2020 | 23/07/2023 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 28/07/2020 | 27/04/2026 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 08/05/2020 | 19/03/2025 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 02/09/2019 | 23/07/2023 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited (Trading as Precise Mortgages) | A registered charge | 1 property | 01/08/2019 | 31/07/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-26