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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 5.5y

30/100

under pressure

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

· Oldest live charge is 5.5 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

Lenders & charges

14 charges (14/14 with lender, 14/14 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

34 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

Metric	2024-09-30
Average employees	100

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2025-06-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-14
📄
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
2021-09-13
🔒
Charge registered #14
Lender: Aldermore Bank PLC
2021-09-13
🔒
Charge registered #13
Lender: Aldermore Bank PLC
2021-01-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-01-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-06
🔓
Charge satisfied #6
2020-12-24
🔒
Charge registered #12
Lender: The Mortgage Works (UK) PLC
2020-12-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-12-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-12-23
🔓
Charge satisfied #9
2020-12-23
🔓
Charge satisfied #7
2020-12-22
🔒
Charge registered #11
Lender: The Mortgage Works (UK) PLC
2020-12-04
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-12-04
🔓
Charge satisfied #5
2020-12-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-12-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-02
🔒
Charge registered #10
Lender: The Mortgage Works (UK) PLC
2020-12-02
🔓
Charge satisfied #4
2020-11-25
🔒
Charge registered #9
Lender: The Mortgage Works (UK) PLC
2020-11-25
🔒
Charge registered #8
Lender: The Mortgage Works (UK) PLC
2020-11-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-10-30
🔒
Charge registered #7
Lender: The Mortgage Works (UK) PLC
2020-10-29
🔒
Charge registered #6
Lender: The Mortgage Works (UK) PLC
2020-10-29
🔒
Charge registered #5
Lender: The Mortgage Works (UK) PLC
2020-10-29
🔒
Charge registered #4
Lender: The Mortgage Works (UK) PLC
2020-10-28
🔒
Charge registered #3
Lender: Aldermore Bank PLC
2020-10-28
🔒
Charge registered #2
Lender: Aldermore Bank PLC
2020-10-28
🔒
Charge registered #1
Lender: Aldermore Bank PLC
2020-02-24
🏢
Company incorporated
As NEWHILL PROPERTIES LIMITED
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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian David Greig Individual · British · DOB 03/1964 · age 62	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	24/02/2020

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 →

Similar companies

Active · Property · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
NEW WORLD INVESTMENTS LIMITED→ SC272652 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
NICOLE PROPERTIES LIMITED→ SC504545 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
NIVEN & CO LTD→ SC783372 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
NMB PROPERTY INVESTMENTS LTD→ SC733311 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
NORDANSES LTD→ SC346363 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
NQF PROPERTIES LTD→ SC807373 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
OUYANG & SUN PROPERTY GROUP LTD→ SC857111 · est 2025 · no financials extracted	—	—	—	—	—	—	—
P&B ASSETS LTD→ SC843823 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PALBREN PROPERTIES LTD→ SC823636 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PARC PROPERTY MANAGEMENT LIMITED→ SC747416 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
PEPPERWOOD PROPERTY HOLDINGS LIMITED→ SC676467 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PH PROPERTIES SCOTLAND LTD LIMITED→ SC800729 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

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: 2026-06-30

Last made up to: 2024-09-30

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

Total charges

Outstanding

Active lenders

Status:Lender:14 of 14 shown

		Type	Properties
outstanding	Aldermore Aldermore Bank PLC	A registered charge	1 property	13/09/2021	—
outstanding	Aldermore Aldermore Bank PLC	A registered charge	1 property	13/09/2021	—
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	24/12/2020	—
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	22/12/2020	—
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	02/12/2020	—
satisfied	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	25/11/2020	23/12/2020
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	25/11/2020	—
satisfied	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	30/10/2020	23/12/2020
satisfied	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	29/10/2020	06/01/2021
satisfied	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	29/10/2020	04/12/2020
satisfied	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	29/10/2020	02/12/2020
outstanding	Aldermore Aldermore Bank PLC	A registered charge	1 property	28/10/2020	—
outstanding	Aldermore Aldermore Bank PLC	A registered charge	1 property	28/10/2020	—
outstanding	Aldermore Aldermore Bank PLC	A registered charge	1 property	28/10/2020	—

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