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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
66/100
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 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 5.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.8 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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
3
filings
- • 3 mortgage
Last 180 days
13
filings
- • 4 mortgage
- • 3 officers
- • 3 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-16🔒Charge registered #8Lender: Aldermore Bank PLC
- 2026-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-03🔒Charge registered #7Lender: Aldermore Bank PLC
- 2026-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-20🔒Charge registered #6Lender: Godiva Mortgages Limited
- 2025-11-19➕WOODS, Richard Joesph appointeddirector
- 2025-11-19➖SINCLAIR, Rebecca Jane resigneddirector
- 2025-11-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-19📄capital-allotment-sharescapital · SH01
- 2025-11-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-05🔒Charge registered #5Lender: Bank of Scotland PLC, Birmingham Midshires Division
- 2025-09-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-05🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2025-04-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2021-04-12🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2020-08-03🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2020-03-09🏢Company incorporatedAs MOURNE KINGDOM PROPERTY LIMITED
- 2020-03-09➕SINCLAIR, Martin Andrew appointeddirector
- 2020-03-09➕SINCLAIR, Rebecca Jane appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome 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 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
1 med · 1 low5 new charges in last 12 months
mediumHeavy 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
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 Richard Joesph Woods Individual · British · DOB 06/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 19/11/2025 |
Mr Martin Andrew Sinclair Individual · British · DOB 05/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/03/2020 |
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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|---|---|---|---|---|---|---|---|
| NEW WORLD INVESTMENTS LIMITED→ SC272652 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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| 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
Incorporated2020-03-09
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→
Activedirector · ~37y · appointed 2020-03-09
View their other companies + combined net worth →
WOODS, Richard Joesph→
Activedirector · ~39y · appointed 2025-11-19
View their other companies + combined net worth →
SINCLAIR, Rebecca Jane→
Resigneddirector · ~31y · appointed 2020-03-09 · resigned 2025-11-19
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 16/03/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/03/2026 | — | |
| outstanding | Godiva Mortgages Godiva Mortgages Limited | A registered charge | 1 property | 20/02/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC, Birmingham Midshires Division | A registered charge | 1 property | 05/11/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 05/05/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 26/05/2021 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/04/2021 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 03/08/2020 | — |
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