RLG PROPERTIES LTD

🏛️Establishedactive
SC637579 · ltd · incorporated 2019-07-31
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 Jul 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 74/100 (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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 6.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 6.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
3 charges (3/3 with lender, 3/3 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
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2022-10-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-10-03
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  7. 2022-10-03
    🔓
    Charge satisfied #1
  8. 2022-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-03-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2020-02-21
    🔒
    Charge registered #2
    Lender: Paragon Bank PLC
  14. 2019-10-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-10-07
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  16. 2019-07-31
    🏢
    Company incorporated
    As RLG PROPERTIES LTD
  17. 2019-07-31
    ➕
    KERR, Nikki Claire appointed
    director
  18. 2019-07-31
    ➕
    KERR, Shaun appointed
    director
  19. 2019-07-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Nikki Claire Kerr
Individual · British · DOB 09/1988 · age 38
25–50%
25–50%board control25-50% shares · 25-50% voting · board control31/07/2019
Mr Shaun Kerr
Individual · British · DOB 12/1979 · age 47
25–50%
25–50%board control25-50% shares · 25-50% voting · board control31/07/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2019-07-31
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

94 Mclagan Drive
Hawick
TD9 8BT
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (2 active · 0 resigned)

KERR, Nikki Claire→
director · ~38y · appointed 2019-07-31
View their other companies + combined net worth →
Active
KERR, Shaun→
director · ~47y · appointed 2019-07-31
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge2 properties03/10/2022—
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property21/02/2020—
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property07/10/201903/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10