KIRPA PROPERTIES LIMITED
🏛️Establishedactive
SC688031 · ltd · incorporated 2021-02-03
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
—
year to Feb 2025
Net worth
£21.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 75/100 (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 (73/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 3.2y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.2 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: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
15 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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £21,053
Net assets shrinking
Down £5,608 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£21k
↓ 21% YoY
Current Assets
£15k
↑ 264% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £429.6k | £418.4k |
| Current assets | £15.5k | £4.3k |
| Net assets | £21.1k | £26.7k |
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
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-12🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2026-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-27🔒Charge registered #4Lender: Godiva Mortgages Limited
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-20🔒Charge registered #3Lender: Kensington Mortgage Company Limited
- 2023-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-06🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2023-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-06🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2022-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-03🏢Company incorporatedAs KIRPA PROPERTIES LIMITED
- 2021-02-03➕SANDHU, Jasbir appointeddirector
- 2021-02-03➕SANDHU, Sukhjit Kaur appointeddirector
- 2021-02-03📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 low5 live charges
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 |
|---|---|---|---|---|
Mrs Sukhjit Kaur Sandhu Individual · British · DOB 08/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 03/02/2021 |
Mr Jasbir Sandhu Individual · British · DOB 10/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 03/02/2021 |
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 |
|---|---|---|---|---|---|---|---|
| KLASS LIVING LTD→ SC666093 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KLMM (PROPERTY) LIMITED→ SC802666 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| KLPP PROPERTY LTD→ SC854254 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KOLMB (DEVELOPMENTS) LIMITED→ SC164916 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| KR PROPERTIES SCOTLAND LTD→ SC683803 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KUSHAL PROPERTIES LIMITED→ SC815548 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KWH PROPERTY INVESTMENTS LIMITED→ SC838395 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LA BELLE PROPERTIES LIMITED→ SC252599 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LAB PROPERTY GROUP LTD→ SC800063 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LANDAU PROPERTIES LIMITED→ SC717195 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LANDED PROPERTIES LTD→ SC806730 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LANDEK LIMITED→ SC046174 · est 1968 · no financials extracted | — | — | — | — | 57y | — | — |
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
Incorporated2021-02-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
31 Cortmalaw Gardens
Glasgow
G33 1TJ
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02
Officers (2 active · 0 resigned)
SANDHU, Jasbir→
Activedirector · ~63y · appointed 2021-02-03
View their other companies + combined net worth →
SANDHU, Sukhjit Kaur→
Activedirector · ~63y · appointed 2021-02-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/03/2026 | — | |
| outstanding | Godiva Mortgages Godiva Mortgages Limited | A registered charge | 1 property | 27/10/2025 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 20/11/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 06/11/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 06/03/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (15 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11
incorporation-company
incorporation · NEWINC
2021-02-03