KELVIN RIVER (MITCHELL APARTMENTS) LTD
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 7.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £3.32M |
| Current assets | — | £48.4k |
| Cash | — | £44.5k |
| Debtors | — | £3.9k |
| Net assets | — | £1.69M |
| Average employees | 1 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 persons-with-significant-control
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (24 events)Click to expand
- 2026-03-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-19📄memorandum-articlesincorporation · MA
- 2024-11-15📄resolutionresolution · RESOLUTIONS
- 2023-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-14🔒Charge registered #3Lender: Bank of Scotland PLC
- 2021-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-13🔓Charge satisfied #1
- 2021-07-09🔒Charge registered #2Lender: Bank of Scotland PLC
- 2020-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-05🔒Charge registered #1Lender: Stephen John Mckechnie
- 2018-11-15🏢Company incorporatedAs KELVIN RIVER (MITCHELL APARTMENTS) LTD
- 2018-11-15➕MCKECHNIE, Stephen John appointeddirector
- 2018-11-15📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Jcm Estates (Glasgow) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Jcm Estates (Glasgow) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/02/2026 |
1 historic (ceased) PSC
- Mr Stephen John Mckechnieceased 27/02/2026· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LIDDELL BUCHANAN PROPERTIES LIMITED→ SC555387 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LILYBANK PROPERTIES LIMITED→ SC606041 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LIN PROPERTY MANAGEMENT LTD→ SC744082 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LINEPIECE LIMITED→ SC233210 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/07/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 09/07/2021 | — | |
| satisfied | Stephen John Mckechnie | A registered charge | 1 property | 05/02/2019 | 13/07/2021 |