ELLISMUIR PROPERTIES LIMITED
🏛️Establishedactive
SC643030 · ltd · incorporated 2019-09-30
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 Sept 2024
Net worth
—
book net assets
Opportunity
65/100
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 65/100 (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
22 live charges · 9 lenders · oldest 5.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.4 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 (81/100)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
22 charges (22/22 with lender, 22/22 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
5 connected companies via shared directors
60
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
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
66
Some moderate concerns — review 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 | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 mortgage
Last 90 days
2
filings
- • 2 mortgage
Last 180 days
3
filings
- • 2 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2026-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-27🔒Charge registered #22Lender: Paragon Bank PLC
- 2026-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-05🔒Charge registered #21Lender: Kensington Mortgage Company Limited
- 2025-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30🔒Charge registered #20Lender: Aldermore Bank PLC
- 2025-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-15🔓Charge satisfied #18
- 2025-10-07🔒Charge registered #19Lender: The Mortgage Works (UK) PLC
- 2025-09-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-27🔒Charge registered #18Lender: The Mortgage Works (UK) PLC
- 2025-09-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-19🔓Charge satisfied #16
- 2025-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-17🔒Charge registered #17Lender: The Mortgage Works (UK) PLC
- 2025-09-17🔒Charge registered #16Lender: Together Commercial Finance Limited
- 2025-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-09🔒Charge registered #15Lender: Vida Bank Limited Trading as Vida Homeloans
- 2025-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-13🔒Charge registered #14Lender: Paragon Bank PLC
- 2025-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-30🔒Charge registered #13Lender: The Mortgage Works (UK) PLC
- 2025-03-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-10🔒Charge registered #12Lender: The Mortgage Works (UK) PLC
- 2025-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-06🔒Charge registered #11Lender: Paragon Bank PLC
- 2025-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-29🔒Charge registered #10Lender: The Mortgage Works (UK) PLC
- 2024-11-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-12🔒Charge registered #9Lender: Paragon Bank PLC
- 2024-11-12🔒Charge registered #8Lender: Paragon Bank PLC
- 2024-10-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-14🔒Charge registered #7Lender: Paragon Bank PLC
- 2024-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-23🔒Charge registered #6Lender: Paragon Bank PLC
- 2024-07-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-12🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2024-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01🔒Charge registered #4Lender: Charter Court Financial Services Limited
- 2022-11-09🔒Charge registered #3Lender: Charter Court Financial Services Limited (Trading as Precise Mortgages)
- 2022-02-23🔒Charge registered #2Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2020-12-08🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2019-09-30🏢Company incorporatedAs ELLISMUIR PROPERTIES LIMITED
- 2019-09-30➕PEARSON, John Joseph appointeddirector
- 2019-09-30➕PEARSON, Michelle 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 7 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
2 med · 1 low9 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-27: A registered charge; 2026-03-05: A registered charge; 2025-10-30: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
20 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 John Joseph Pearson Individual · British · DOB 08/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2019 |
Mrs Michelle Pearson Individual · British · DOB 06/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2019 |
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 |
|---|---|---|---|---|---|---|---|
| AVONLEA PROPERTY MANAGEMENT LIMITED→ SC205575 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AVOS HOLDING LIMITED→ SC567366 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AVSCO LTD→ SC655954 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AW RESIDENTIAL PROPERTIES LIMITED→ SC690098 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BACK ROW PROPERTIES LIMITED→ SC325329 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BADREKHAN PROPERTIES LTD→ SC821189 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BALMUILDY LTD.→ SC499492 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BANYAN PROPERTY INVESTMENTS LTD→ SC662888 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BARBOUR HOLDINGS LIMITED→ SC277445 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BARONY HOMES LTD.→ SC338809 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BARRHEAD PROPERTY CENTRE LTD.→ SC875377 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARRLANDS LIMITED→ SC372717 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2019-09-30
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Ellismuir Properties Ltd 2nd Floor 48
West George Street
Glasgow
G2 1BP
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (2 active · 0 resigned)
PEARSON, John Joseph→
Activedirector · ~40y · appointed 2019-09-30
View their other companies + combined net worth →
PEARSON, Michelle→
Activedirector · ~40y · appointed 2019-09-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
22
Total charges
20
Outstanding
6
Active lenders
Status:Lender:22 of 22 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 27/04/2026 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 05/03/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 30/10/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 07/10/2025 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/09/2025 | 15/10/2025 | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 17/09/2025 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 17/09/2025 | 19/09/2025 | |
| outstanding | Vida Bank Trading as Vida Homeloans Vida Bank Limited Trading as Vida Homeloans | A registered charge | 1 property | 09/08/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 13/06/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 30/04/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 10/03/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 06/02/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 29/01/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 2 properties | 12/11/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 12/11/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 14/10/2024 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 23/07/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/07/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 01/05/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited (Trading as Precise Mortgages) | A registered charge | 1 property | 09/11/2022 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 3 properties | 23/02/2022 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 08/12/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-31
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-12