LIMA STONE LTD
🏛️Establishedactive
SC679409 · ltd · incorporated 2020-11-02
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
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
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
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 67/100. 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
6 live charges · 3 lenders · oldest 3.4y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-09-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-01🔓Charge satisfied #3
- 2025-04-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-04-15📄gazette-notice-compulsorygazette · GAZ1
- 2025-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-09🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2025-04-09🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2024-09-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-04🔒Charge registered #4Lender: Spf Bridging LTD
- 2024-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-22🔓Charge satisfied #2
- 2024-03-22🔓Charge satisfied #1
- 2024-03-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-03-12📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-05🔒Charge registered #3Lender: Spf Bridging LTD
- 2023-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-05🔒Charge registered #2Lender: Romaco Spv 2 Limited
- 2022-12-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-16🔒Charge registered #1Lender: Romaco Spv 2 Limited
- 2022-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-18📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-17➖RF SECRETARIES LIMITED resignedcorporate-secretary
- 2021-09-14➕MCALLISTER, Gary appointeddirector
- 2020-12-11➕RF SECRETARIES LIMITED appointedcorporate-secretary
- 2020-11-02🏢Company incorporatedAs LIMA STONE LTD
- 2020-11-02➕CORONEL, Kevin William 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Coronel Individual · American · DOB 04/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2021 |
Mr Gary Mcallister Individual · Scottish · DOB 12/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2021 |
3 historic (ceased) PSCs
- Northpine Ltdceased 30/09/2021· 25-50% shares · 25-50% voting
- Mcallister Property Ltdceased 30/09/2021· 25-50% shares · 25-50% voting
- Mr Kevin Coronelceased 21/09/2021· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEMON2017 LIMITED→ SC573274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LIDDELL BUCHANAN PROPERTIES LIMITED→ SC555387 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LILYBANK PROPERTIES LIMITED→ SC606041 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LIN PROPERTY MANAGEMENT LTD→ SC744082 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LINEPIECE LIMITED→ SC233210 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2020-11-02
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
109 Old Rutherglen Road
Flat 3/2
Glasgow
G5 0RE
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20
Officers (2 active · 1 resigned)
CORONEL, Kevin William→
Activedirector · ~42y · appointed 2020-11-02
View their other companies + combined net worth →
MCALLISTER, Gary→
Activedirector · ~39y · appointed 2021-09-14
View their other companies + combined net worth →
RF SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2020-12-11 · resigned 2022-11-17
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 09/04/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 09/04/2025 | — | |
| outstanding | Spf Bridging Spf Bridging LTD | A registered charge | 3 properties | 04/04/2024 | — | |
| satisfied | Spf Bridging Spf Bridging LTD | A registered charge | — | 05/03/2024 | 01/05/2025 | |
| satisfied | Romaco Spv 2 Romaco Spv 2 Limited | A registered charge | 1 property | 05/01/2023 | 22/03/2024 | |
| satisfied | Romaco Spv 2 Romaco Spv 2 Limited | A registered charge | — | 16/12/2022 | 22/03/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-16
gazette-notice-compulsory
gazette · GAZ1
2025-04-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-22
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-22
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-13
gazette-notice-compulsory
gazette · GAZ1
2024-03-12