MCINTOSH PROPERTY LETTING LIMITED
💤Zombieactive
SC666906 · ltd · incorporated 2020-07-09
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 closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
- · Deal-killer verdict: complicated → workable
What changed my view
Last 30 days
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Deal-killer verdict: complicated → workable
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 Jul 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. 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. 3 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 · 3 lenders · oldest 5.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 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 · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| 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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-13🔓Charge satisfied #4
- 2025-01-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-14🔒Charge registered #8Lender: Leeds Building Society
- 2025-01-14🔒Charge registered #7Lender: Leeds Building Society
- 2024-10-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-08📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29➖MCINTOSH, Darren resigneddirector
- 2024-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-07🔒Charge registered #6Lender: Aldermore Bank PLC
- 2023-04-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-13🔒Charge registered #5Lender: Aldermore Bank PLC
- 2023-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-29🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2021-01-28🔓Charge satisfied #2
- 2021-01-28🔓Charge satisfied #1
- 2021-01-27🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2020-12-02🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2020-10-01🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2020-07-09🏢Company incorporatedAs MCINTOSH PROPERTY LETTING LIMITED
- 2020-07-09➕MCINTOSH, Beth appointeddirector
- 2020-07-09➕MCINTOSH, Darren appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "MCINTOSH" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily 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 |
|---|---|---|---|---|
Mrs Beth Mcintosh Individual · British · DOB 03/1993 · age 33 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/06/2024 |
3 historic (ceased) PSCs
- Prime Construction Holdings Limitedceased 03/06/2024· 75-100% shares · 75-100% voting
- Mr Darren Mcintoshceased 11/10/2023· 25-50% shares · 25-50% voting · board control
- Miss Beth Scottceased 11/10/2023· 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.
Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ZARS LIMITED→ SC230094 · est 2002 | £3.33M £2.83M–£3.83M | — | £3.33M | — | 24y | 83 | 76y |
| J & E NOMINEES LIMITED→ SC237007 · est 2002 | £3.06M £2.60M–£3.52M | — | £3.06M | — | 23y | 83 | 66y |
| JAMES KEILLER DEVELOPMENTS LIMITED→ SC263698 · est 2004 | £656.9k £558.4k–£755.5k | — | £656.9k | — | 22y | 82 | 73y |
| ABZCO LTD.→ SC223809 · est 2001 | £655.5k £557.2k–£753.9k | — | £655.5k | — | 24y | 82 | 77y |
| MNA (SCOTLAND) LIMITED→ SC283813 · est 2005 | £637.9k £542.2k–£733.6k | — | £637.9k | — | 21y | 83 | 60y |
| ZULCO LIMITED→ SC206358 · est 2000 | £636.3k £540.8k–£731.7k | — | £636.3k | — | 26y | 83 | 85y |
| ENGINEERING SPREADSHEETS LTD.→ SC302290 · est 2006 | £620.6k £527.5k–£713.7k | — | £620.6k | — | 20y | 82 | 66y |
| FLAT HOMES LIMITED→ SC231996 · est 2002 | £459.7k £390.7k–£528.6k | — | £459.7k | — | 24y | 82 | 73y |
| A & K PROPERTIES LIMITED→ SC199663 · est 1999 | £77.7k £66.1k–£89.4k | — | £77.7k | — | 26y | 82 | 71y |
| STATION WORKS PROPERTIES LTD.→ SC083127 · est 1983 | £39.9k £33.9k–£45.9k | — | £39.9k | — | 43y | 83 | 79y |
| ASSETFAIR LIMITED→ SC195393 · est 1999 | £39.4k £33.5k–£45.3k | — | £39.4k | — | 27y | 82 | 74y |
| GILLANDER PROPERTIES LIMITED→ SC298431 · est 2006 | £38.8k £33.0k–£44.7k | — | £38.8k | — | 20y | 82 | 74y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2020-07-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
12 Inverary Terrace
Dundee
Angus
DD3 6BS
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21
Officers (1 active · 1 resigned)
MCINTOSH, Beth→
Activedirector · ~33y · appointed 2020-07-09
View their other companies + combined net worth →
MCINTOSH, Darren→
Resigneddirector · ~38y · appointed 2020-07-09 · resigned 2024-04-29
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
5
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Leeds Building Society | A registered charge | 1 property | 14/01/2025 | — | |
| outstanding | Leeds Building Society | A registered charge | 1 property | 14/01/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 07/06/2023 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 13/04/2023 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 29/01/2021 | 13/02/2025 | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/01/2021 | — | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 02/12/2020 | 28/01/2021 | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 01/10/2020 | 28/01/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-08
change-person-director-company-with-change-date
officers · CH01
2024-07-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
termination-director-company-with-name-termination-date
officers · TM01
2024-04-29