MOURNE KINGDOM PROPERTY LIMITED

🏛️Establishedactive
SC656791 · ltd · incorporated 2020-03-09
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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
—
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Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
66/100
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
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 5.9y

35/100
too messy

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

  • · Oldest live charge is 5.9 years old — likely at or near maturity.
  • · 4 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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees100100

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-16
    🔒
    Charge registered #8
    Lender: Aldermore Bank PLC
  3. 2026-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-03-03
    🔒
    Charge registered #7
    Lender: Aldermore Bank PLC
  5. 2026-02-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-02-20
    🔒
    Charge registered #6
    Lender: Godiva Mortgages Limited
  7. 2025-11-19
    ➕
    WOODS, Richard Joesph appointed
    director
  8. 2025-11-19
    ➖
    SINCLAIR, Rebecca Jane resigned
    director
  9. 2025-11-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-11-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2025-11-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-11-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-11-19
    📄
    capital-allotment-shares
    capital · SH01
  14. 2025-11-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-11-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2025-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-11-05
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC, Birmingham Midshires Division
  18. 2025-09-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2025-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2025-05-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2025-05-05
    🔒
    Charge registered #4
    Lender: The Mortgage Works (UK) PLC
  22. 2025-04-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2024-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2023-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2022-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2021-05-26
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  27. 2021-04-12
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  28. 2020-08-03
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  29. 2020-03-09
    🏢
    Company incorporated
    As MOURNE KINGDOM PROPERTY LIMITED
  30. 2020-03-09
    ➕
    SINCLAIR, Martin Andrew appointed
    director
  31. 2020-03-09
    ➕
    SINCLAIR, Rebecca Jane appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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

1 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-16: A registered charge; 2026-03-03: A registered charge; 2026-02-20: A registered charge

8 live charges
low

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard Joesph Woods
Individual · British · DOB 06/1987 · age 39
25–50%
25–50%board control25-50% shares · 25-50% voting · board control19/11/2025
Mr Martin Andrew Sinclair
Individual · British · DOB 05/1989 · age 37
25–50%
25–50%board control25-50% shares · 25-50% voting · board control09/03/2020
1 historic (ceased) PSC
  • Miss Rebecca Jane Sinclairceased 19/11/2025· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2020-03-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

11 David Street
Kirkcaldy
KY1 1XA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (2 active · 1 resigned)

SINCLAIR, Martin Andrew→
director · ~37y · appointed 2020-03-09
View their other companies + combined net worth →
Active
WOODS, Richard Joesph→
director · ~39y · appointed 2025-11-19
View their other companies + combined net worth →
Active
SINCLAIR, Rebecca Jane→
director · ~31y · appointed 2020-03-09 · resigned 2025-11-19
Resigned

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

Mortgages & charges

8
Total charges
8
Outstanding
4
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property16/03/2026—
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property03/03/2026—
outstanding
Godiva Mortgages
Godiva Mortgages Limited
A registered charge1 property20/02/2026—
outstanding
Lloyds Banking Group
Bank of Scotland PLC, Birmingham Midshires Division
A registered charge1 property05/11/2025—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property05/05/2025—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property26/05/2021—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property12/04/2021—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property03/08/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-19
appoint-person-director-company-with-name-date
officers · AP01
2025-11-19
capital-allotment-shares
capital · SH01
2025-11-19
termination-director-company-with-name-termination-date
officers · TM01
2025-11-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-22