KELVIN PROPERTIES (KELBOURNE) LTD
🏛️Establishedactive
SC620277 · ltd · incorporated 2019-02-05
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 Feb 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 2.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.7 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (84/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | — | £-11.0k |
| Current assets | — | £2.06M |
| Cash | — | £13.8k |
| Debtors | — | £9.5k |
| Net assets | — | £-11.0k |
| Average employees | 2 | — |
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
- • 2 persons-with-significant-control
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-31🔒Charge registered #4Lender: Bank of Scotland PLC (As Security Trustee)
- 2025-10-31🔒Charge registered #3Lender: Bank of Scotland PLC (As Security Trustee)
- 2025-10-29🔒Charge registered #2Lender: Bank of Scotland PLC (As Security Trustee)
- 2024-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-24🔒Charge registered #1Lender: City Property Glasgow (Investments) LLP
- 2023-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-06📄resolutionresolution · RESOLUTIONS
- 2019-02-05🏢Company incorporatedAs KELVIN PROPERTIES (KELBOURNE) LTD
- 2019-02-05➕MCKECHNIE, Stephen John appointeddirector
- 2019-02-05➕TAYLOR, Marcus appointeddirector
- 2019-02-05📄incorporation-companyincorporation · NEWINC
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.
- +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
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-10-31: A registered charge; 2025-10-31: A registered charge; 2025-10-29: A registered charge
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Marcus Taylor Individual · British · DOB 02/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/02/2019 |
Mrs Joanne Mckechnie Individual · British · DOB 12/1980 · age 46 | — | — | board controlboard control · trust interest | 27/02/2026 |
Mr Stephen John Mckechnie Individual · British · DOB 09/1968 · age 58 | — | — | board controlboard control · trust interest | 05/02/2019 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KEPPOCH PROPERTY HOLDINGS LTD→ SC688883 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| KHUN PROPERTY LIMITED→ SC618881 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| KIAORA PROPERTIES LTD→ SC629296 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| KID VENTURE LTD→ SC708181 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| KIDZ PROPERTY LTD→ SC783839 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KILBARCHAN DEVELOPMENTS LIMITED→ SC666024 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KILLERMONT PROPERTIES LIMITED→ SC260265 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| KILMICHAEL DELUXE COTTAGES LIMITED→ SC228022 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| KINGDOMGB ESTATES LTD→ SC807676 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KINGFISHER COMMERCIAL PROPERTY LTD→ SC787884 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KINGFISHER EQUITIES LIMITED→ SC038883 · est 1963 · no financials extracted | — | — | — | — | 62y | — | — |
| KINGSLEA DEVELOPMENTS LIMITED→ SC233559 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2019-02-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (2 active · 0 resigned)
MCKECHNIE, Stephen John→
Activedirector · ~58y · appointed 2019-02-05
View their other companies + combined net worth →
TAYLOR, Marcus→
Activedirector · ~36y · appointed 2019-02-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Trustee) | A registered charge | 1 property | 31/10/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Trustee) | A registered charge | 1 property | 31/10/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Trustee) | A registered charge | — | 29/10/2025 | — | |
| outstanding | City Property Glasgow (Investments) City Property Glasgow (Investments) LLP | A registered charge | 1 property | 24/08/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-24
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06