MEEKISON PROPERTIES LTD
Opportunity 69/100 (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. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
7 live charges · 6 lenders · oldest 4.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.8 years — mid-life; refi window approaching.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £273.2k |
| Cash | £2.8k |
| Net assets | £34.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 address
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-08🔒Charge registered #7Lender: Aldermore Bank PLC
- 2025-02-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-12🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2024-05-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-08🔒Charge registered #6Lender: The Mortgage Works (UK) PLC
- 2024-02-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-02-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-02-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-01🔒Charge registered #4Lender: The Mortgage Lender Limited
- 2022-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-05🔒Charge registered #3Lender: Charter Court Financial Services Limited, Trading as Precise Mortgages
- 2022-02-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-16🔒Charge registered #2Lender: The Mortgage Works (UK) PLC, Nationwide House, Pipers Way, Swindon, SN38 1NW
- 2021-07-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-29🔒Charge registered #1Lender: The Mortgage Works (UK) PLC,Nationwide House, Pipers Way, Swindon, SN38 1NW
- 2020-08-11🏢Company incorporatedAs MEEKISON PROPERTIES LTD
- 2020-08-11➕MEEKISON, Lee appointeddirector
- 2020-08-11➕MEEKISON, Polly Hazel appointeddirector
- 2020-08-11📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MEEKISON" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 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 Lee Meekison Individual · British · DOB 12/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/08/2020 |
Mrs Polly Hazel Meekison Individual · British · DOB 04/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/08/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 08/05/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/06/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 08/05/2024 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 01/09/2022 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited, Trading as Precise Mortgages | A registered charge | 1 property | 05/08/2022 | — | |
| outstanding | The Mortgage Works (UK) , Nationwide House, Pipers Way, Swindon, SN38 1NW The Mortgage Works (UK) PLC, Nationwide House, Pipers Way, Swindon, SN38 1NW | A registered charge | 1 property | 16/08/2021 | — | |
| outstanding | The Mortgage Works (UK) ,Nationwide House, Pipers Way, Swindon, SN38 1NW The Mortgage Works (UK) PLC,Nationwide House, Pipers Way, Swindon, SN38 1NW | A registered charge | 1 property | 29/07/2021 | — |