KELVIN PROPERTIES (CANONMILLS) LTD

🏛️Establishedactive
SC699970 · ltd · incorporated 2021-05-27
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 4.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 4.1y

60/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
21 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£2.1m£4.1m£6.2m£8.3m£10mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets—£7.62M
Current assets—£10.36M
Cash—£8.8k
Debtors—£54.9k
Net assets—£1.6k
Average employees4—

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-11-18
    🔒
    Charge registered #4
    Lender: Close Brothers Limited
  7. 2022-11-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-11-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2022-11-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2022-11-17
    🔓
    Charge satisfied #2
  11. 2022-11-17
    🔓
    Charge satisfied #1
  12. 2022-11-15
    🔒
    Charge registered #3
    Lender: Close Brothers Limited
  13. 2022-05-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-05-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-05-11
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  16. 2022-05-06
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  17. 2022-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2022-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2022-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2021-06-05
    ➕
    MCKECHNIE, Joanne appointed
    director
  22. 2021-06-05
    ➕
    TAYLOR, Lorna appointed
    director
  23. 2021-06-04
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2021-05-27
    🏢
    Company incorporated
    As KELVIN PROPERTIES (CANONMILLS) LTD
  25. 2021-05-27
    ➕
    MCKECHNIE, Stephen John appointed
    director
  26. 2021-05-27
    ➕
    TAYLOR, Marcus appointed
    director
  27. 2021-05-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

56/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen John Mckechnie
Individual · British · DOB 09/1968 · age 58
——sig. influencesignificant influence27/05/2021
Mr Marcus Taylor
Individual · British · DOB 02/1990 · age 36
——sig. influencesignificant influence27/05/2021

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 · Construction · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GEORGE LESLIE LIMITED→
SC251886 · est 2003
£42.07M
£30.05M–£54.09M
——4300022y8759y
MACKENZIE CONSTRUCTION LIMITED→
SC073177 · est 1980
£19.04M
£13.60M–£24.48M
——29245y8761y
SLM MACKENZIE LIMITED→
SC243618 · est 2003
£19.02M
£13.59M–£24.46M
——29223y8663y
LUDDON CONSTRUCTION LIMITED→
SC057943 · est 1975
£11.36M
£8.11M–£14.61M
——54050y8760y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→
SC206369 · est 2000
£6.45M
£4.61M–£8.30M
——370026y8565y
A.B. 2000 LTD.→
SC155832 · est 1995
£6.43M
£4.59M–£8.26M
——1060031y8446y
FRONT LINE CONSTRUCTION LIMITED→
SC068593 · est 1979
£3.67M
£2.62M–£4.72M
——10646y8356y
VEITCHI INTERIORS LIMITED→
SC042401 · est 1965
£3.00M
£2.15M–£3.86M
——5360y8761y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→
SC101441 · est 1986
£968.2k
£691.5k–£1.24M
——6639y8570y
INSITE CONTRACTS LIMITED→
SC162464 · est 1996
£682.9k
£487.8k–£878.0k
——4730y8560y
TARPAVE LIMITED→
SC240089 · est 2002
£32.6k
£23.3k–£41.9k
£2.30M—110023y8465y
A H F CONSTRUCTION MANAGEMENT LTD.→
SC352436 · est 2008
——£2.19M—17y8358y
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
Incorporated2021-05-27
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-28
Last: 2026-05-14

Officers (4 active · 0 resigned)

MCKECHNIE, Joanne→
director · ~46y · appointed 2021-06-05
View their other companies + combined net worth →
Active
MCKECHNIE, Stephen John→
director · ~58y · appointed 2021-05-27
View their other companies + combined net worth →
Active
TAYLOR, Lorna→
director · ~34y · appointed 2021-06-05
View their other companies + combined net worth →
Active
TAYLOR, Marcus→
director · ~36y · appointed 2021-05-27
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge1 property18/11/2022—
outstanding
Close Brothers
Close Brothers Limited
A registered charge—15/11/2022—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property11/05/202217/11/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property06/05/202217/11/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-17
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-17
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-11