NEWHILL PROPERTIES LIMITED

💤Zombieactive
SC655496 · ltd · incorporated 2020-02-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. 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

14 live charges · 2 lenders · oldest 5.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Average employees100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2021-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2021-09-13
    🔒
    Charge registered #14
    Lender: Aldermore Bank PLC
  8. 2021-09-13
    🔒
    Charge registered #13
    Lender: Aldermore Bank PLC
  9. 2021-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-01-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-01-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-01-06
    🔓
    Charge satisfied #6
  13. 2020-12-24
    🔒
    Charge registered #12
    Lender: The Mortgage Works (UK) PLC
  14. 2020-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2020-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-12-23
    🔓
    Charge satisfied #9
  18. 2020-12-23
    🔓
    Charge satisfied #7
  19. 2020-12-22
    🔒
    Charge registered #11
    Lender: The Mortgage Works (UK) PLC
  20. 2020-12-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2020-12-04
    🔓
    Charge satisfied #5
  22. 2020-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2020-12-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2020-12-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2020-12-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2020-12-02
    🔒
    Charge registered #10
    Lender: The Mortgage Works (UK) PLC
  27. 2020-12-02
    🔓
    Charge satisfied #4
  28. 2020-11-25
    🔒
    Charge registered #9
    Lender: The Mortgage Works (UK) PLC
  29. 2020-11-25
    🔒
    Charge registered #8
    Lender: The Mortgage Works (UK) PLC
  30. 2020-11-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  31. 2020-11-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  32. 2020-10-30
    🔒
    Charge registered #7
    Lender: The Mortgage Works (UK) PLC
  33. 2020-10-29
    🔒
    Charge registered #6
    Lender: The Mortgage Works (UK) PLC
  34. 2020-10-29
    🔒
    Charge registered #5
    Lender: The Mortgage Works (UK) PLC
  35. 2020-10-29
    🔒
    Charge registered #4
    Lender: The Mortgage Works (UK) PLC
  36. 2020-10-28
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  37. 2020-10-28
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  38. 2020-10-28
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  39. 2020-02-24
    🏢
    Company incorporated
    As NEWHILL PROPERTIES LIMITED
  40. 2020-02-24
    ➕
    GREIG, Ian David appointed
    director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

9 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian David Greig
Individual · British · DOB 03/1964 · age 62
75–100%
75–100%board control75-100% shares · 75-100% voting · board control24/02/2020

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 →

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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
Incorporated2020-02-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Newhill Farmhouse
Auchtermuchty
Cupar
KY14 7HS
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 0 resigned)

GREIG, Ian David→
director · ~62y · appointed 2020-02-24
View their other companies + combined net worth →
Active

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

Mortgages & charges

14
Total charges
9
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property13/09/2021—
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property13/09/2021—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property24/12/2020—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property22/12/2020—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property02/12/2020—
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property25/11/202023/12/2020
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property25/11/2020—
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property30/10/202023/12/2020
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property29/10/202006/01/2021
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property29/10/202004/12/2020
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property29/10/202002/12/2020
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property28/10/2020—
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property28/10/2020—
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property28/10/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-09-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-06