MCHARRY LTD
🏛️Establishedactive
SC687264 · ltd · incorporated 2021-01-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-24.5k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68201Renting and operating of Housing Association real estate
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (70/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · oldest 5.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 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
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £24,544
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£25k
↓ 5.4% YoY
Current Assets
£29k
↓ 52% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-24.5k | £-23.3k |
| Current assets | £28.9k | £60.3k |
| Net assets | £-24.5k | £-23.3k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09🔓Charge satisfied #4
- 2025-07-09🔓Charge satisfied #1
- 2025-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-04🔓Charge satisfied #3
- 2024-04-04🔓Charge satisfied #2
- 2023-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-22🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2021-04-21🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2021-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-02🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2021-04-01🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2021-01-27🏢Company incorporatedAs MCHARRY LTD
- 2021-01-27➕PIRIE, George appointeddirector
- 2021-01-27➕PIRIE, Linda Margaret appointeddirector
- 2021-01-27➕PIRIE, Aaron George appointeddirector
- 2021-01-27➖PIRIE, Aaron George resigneddirector
- 2021-01-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-27📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- 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 |
|---|---|---|---|---|
Mrs Linda Margaret Pirie Individual · British · DOB 01/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/01/2021 |
Mr George Pirie Individual · British · DOB 03/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/01/2021 |
1 historic (ceased) PSC
- Mr Aaron George Pirieceased 27/01/2021· 25-50% shares · 25-50% voting
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SOLUTIONS SUBSEA LTD→ SC455552 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SR DAVIDSON PROPERTY DEVELOPMENTS LTD→ SC390901 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| TABASS LTD.→ SC222547 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| THISTLE HOUSE PROPERTY MANAGEMENT LIMITED→ SC690926 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| THT MCBEY LTD→ SC569422 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| TIGH PROPERTIES LIMITED→ SC724676 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| TIME4 PROPERTY SERVICES LIMITED→ SC792734 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TORLUNDIE PROPERTY HOLDINGS LTD→ SC847457 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TROUBADOUR MANAGEMENT LIMITED→ SC755847 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| TYRONE PETROLEUM CONSULTANTS LIMITED→ SC141414 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| U-GET HOMES LTD→ SC580161 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| UBH INVESTMENTS LTD→ SC856839 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2021-01-27
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Rothnick Croft
Netherley
Stonehaven
Aberdeenshire
AB39 3QU
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (2 active · 1 resigned)
PIRIE, George→
Activedirector · ~67y · appointed 2021-01-27
View their other companies + combined net worth →
PIRIE, Linda Margaret→
Activedirector · ~65y · appointed 2021-01-27
View their other companies + combined net worth →
PIRIE, Aaron George→
Resigneddirector · ~41y · appointed 2021-01-27 · resigned 2021-01-27
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 22/04/2021 | 04/04/2024 | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 21/04/2021 | 09/07/2025 | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 02/04/2021 | 04/04/2024 | |
| satisfied | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 01/04/2021 | 09/07/2025 |
Recent filings (23 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-06