MORGAN PROPERTY (SCOTLAND) LTD
Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 4.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £97.8k | £167.0k |
| Current assets | £7.0k | £44.6k |
| Cash | £6.9k | £44.5k |
| Debtors | £100 | £100 |
| Net assets | £97.8k | £65.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (16 events)Click to expand
- 2025-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15🔓Charge satisfied #1
- 2024-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-05🔒Charge registered #2Lender: The Royal Bank of Scotland PLC (SC83026)
- 2021-10-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-10-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2021-06-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-25🏢Company incorporatedAs MORGAN PROPERTY (SCOTLAND) LTD
- 2021-06-25➕MORGAN, Guy James appointeddirector
- 2021-06-25➕MORGAN, Lisa Rosemary appointeddirector
- 2021-06-25📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MORGAN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Morgan Group (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Morgan Group (Scotland) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/06/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC (SC83026) | A registered charge | 1 property | 05/11/2021 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 05/10/2021 | 15/10/2024 |