MITCHELL LAND AND PROPERTY LIMITED

💤Zombieactive
SC696972 · ltd · incorporated 2021-04-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window opening · medium confidence
More negotiable than before — 2 signals weakening over the last 30 days.
  • · Bankability: 70 → 65
  • · Live charges: 10 → 11
What changed my view
Last 30 days

Picture worsened over the last 30 days — 2 negative signals vs 0 positive.

  • Bankability: 7065
  • Live charges: 1011
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
66/100
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
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

11 live charges · 2 lenders · oldest 2.2y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.2 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees1100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 mortgage
Last 90 days
3
filings
  • 3 mortgage
Last 180 days
4
filings
  • 3 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-06-04
    🔒
    Charge registered #11
    Lender: Shawbrook Bank Limited
  3. 2026-04-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-04-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-04-20
    🔒
    Charge registered #10
    Lender: Aldermore Bank PLC
  6. 2026-04-20
    🔒
    Charge registered #9
    Lender: Aldermore Bank PLC
  7. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-04-09
    🔒
    Charge registered #8
    Lender: Aldermore Bank PLC
  10. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-03-28
    🔒
    Charge registered #6
    Lender: Aldermore Bank PLC
  16. 2025-03-26
    🔒
    Charge registered #7
    Lender: Aldermore Bank PLC
  17. 2025-03-26
    🔒
    Charge registered #5
    Lender: Aldermore Bank PLC
  18. 2025-03-26
    🔒
    Charge registered #4
    Lender: Aldermore Bank PLC
  19. 2025-03-26
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  20. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2024-04-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-04-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2024-04-19
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  24. 2024-04-19
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  25. 2024-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  26. 2024-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  27. 2024-03-21
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  28. 2024-03-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  29. 2024-01-25
    📄
    capital-allotment-shares
    capital · SH01
  30. 2024-01-25
    📄
    capital-name-of-class-of-shares
    capital · SH08
  31. 2024-01-18
    📄
    memorandum-articles
    incorporation · MA
  32. 2024-01-18
    📄
    resolution
    resolution · RESOLUTIONS
  33. 2023-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  34. 2021-04-27
    🏢
    Company incorporated
    As MITCHELL LAND AND PROPERTY LIMITED
  35. 2021-04-27
    MITCHELL, Michael Charles appointed
    director

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "MITCHELL" — strong identity link between founder and business.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-06-04: A registered charge; 2026-04-20: A registered charge; 2026-04-20: A registered charge

11 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Charles Mitchell
Individual · British · DOB 04/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting17/01/2024
Lisa-Anne Mitchell
Individual · British · DOB 06/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting17/01/2024
1 historic (ceased) PSC
  • Mr Michael Charles Mitchellceased 13/05/2022· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2021-04-27
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Mains Of Panmure Farmhouse
Panmure
Carnoustie
Angus
DD7 6LX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25

Officers (1 active · 0 resigned)

MITCHELL, Michael Charles
director · ~56y · appointed 2021-04-27
View their other companies + combined net worth →
Active

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

Mortgages & charges

11
Total charges
11
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property04/06/2026
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property20/04/2026
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property20/04/2026
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property09/04/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property28/03/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property26/03/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property26/03/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property26/03/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property26/03/2025
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property19/04/2024
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property19/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-23