PREFERENT LIMITED

🏛️Establishedactive
SC671188 · ltd · incorporated 2020-08-18
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
£13.8k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

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 →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £13,802

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£14k
↑ 104% YoY
Current Assets
£116k
↑ 4.9% YoY
Current Liabilities
£0£23k£47k£70k£93k£116kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£88.1k£83.6k
Current assets£116.5k£111.0k
Net assets£13.8k£6.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-02-27
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  6. 2022-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-08-18
    🏢
    Company incorporated
    As PREFERENT LIMITED
  8. 2020-08-18
    ANDREWS, Michael appointed
    secretary
  9. 2020-08-18
    ANDREWS, Michael appointed
    director
  10. 2020-08-18
    ANDREWS, Shauna appointed
    director
  11. 2020-08-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Andrews
Individual · British · DOB 07/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting18/08/2020
Mrs Shauna Andrews
Individual · British · DOB 10/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting18/08/2020

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

6 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
Incorporated2020-08-18
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

79 Drymen Road
Bearsden
Glasgow
Lanarkshire
G61 3RP
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (3 active · 0 resigned)

ANDREWS, Michael
secretary · appointed 2020-08-18
View their other companies + combined net worth →
Active
ANDREWS, Michael
director · ~57y · appointed 2020-08-18
View their other companies + combined net worth →
Active
ANDREWS, Shauna
director · ~58y · appointed 2020-08-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property27/02/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
incorporation-company
incorporation · NEWINC
2020-08-18