BINNIE PROPERTIES UK LTD
🏛️Establishedactive
SC622517 · ltd · incorporated 2019-02-26
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 Jun 2025
Net worth
£169.2k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 7.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
25 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
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
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 declaredPositive net assets
Net assets £169,207
Cash draining
Cash down 56% YoY
Cash YoY
-56%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↓ 56% YoY
Net Worth
£169k
↑ 2.3% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Cash | £5.4k | £12.2k |
| Net assets | £169.2k | £165.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
5
filings
- • 2 address
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 address
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-13🔒Charge registered #3Lender: Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-06-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-30🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2019-03-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-03-25🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2019-02-26🏢Company incorporatedAs BINNIE PROPERTIES UK LTD
- 2019-02-26➕MIDDLETON, Kieran appointedsecretary
- 2019-02-26➕MIDDLETON, Kerri Anne appointeddirector
- 2019-02-26➕MIDDLETON, Kieran Scott appointeddirector
- 2019-02-26📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Kerri Anne Middleton Individual · Scottish · DOB 10/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/02/2019 |
Mr Kieran Scott Middleton Individual · British · DOB 06/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/02/2019 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BTHM PROPERTIES LIMITED→ SC552888 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| C-BIRD LIMITED→ SC630130 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| C1 PROPERTY INVESTMENTS LIMITED→ SC837177 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CALEDONIAN FINANCE LIMITED→ SC123931 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| CANADA PLACE (RETAIL) UNIT TRUST LP LIMITED→ SC312212 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CANADA PLACE MALL (RETAIL) UNIT TRUST LP LIMITED→ SC312215 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CARROLL PROPERTY LTD→ SC834339 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CASTLE ZENON LTD→ SC811128 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CASTLELAW BONDED WAREHOUSES (GLENROTHES) LTD→ SC725388 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CB&JG PROPERTY LTD→ SC860808 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CBRE UKPF PAIF NOMINEE NO.2 UNLIMITED→ SC113057 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| CBRG LIMITED→ SC424340 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2019-02-26
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
32 Marlborough Street
Edinburgh
EH15 2BG
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-11
Last: 2026-02-25
Officers (3 active · 0 resigned)
Active
MIDDLETON, Kerri Anne→
Activedirector · ~54y · appointed 2019-02-26
View their other companies + combined net worth →
MIDDLETON, Kieran Scott→
Activedirector · ~55y · appointed 2019-02-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111) | A registered charge | — | 13/02/2026 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 30/05/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 25/03/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-20