EMPIRE PROPERTIES (SCOTLAND) LIMITED

🌿Early-stageactive
SC711186 · ltd · incorporated 2021-10-04
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
£5.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 0.4y

50/100
clean up first

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

  • · Newest facility, 0.4 years old — likely still in initial term.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 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
1 connected companies via shared directors
48
Filing history
19 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,643
Cash YoY
-11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£323
↓ 11% YoY
Net Worth
£6k
↑ 431% YoY
Current Assets
£323
↓ 11% YoY
Current Liabilities
-£2k-£235£1k£3k£4k£6kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£89.7k£87.9k
Current assets£323£362
Cash£323£362
Net assets£5.6k£-1.7k

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

🔒Filing-note intelligence

4 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-12-04
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  3. 2025-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-03-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-10-04
    🏢
    Company incorporated
    As EMPIRE PROPERTIES (SCOTLAND) LIMITED
  17. 2021-10-04
    CALLAGHAN, Eugene appointed
    director
  18. 2021-10-04
    CALLAGHAN, Kevin appointed
    director
  19. 2021-10-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — CALLAGHAN, Kevin (same surname) appointed 2021-10-04. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kevin Callaghan
Individual · British · DOB 12/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control04/10/2021
Mr Eugene Callaghan
Individual · British · DOB 04/1956 · age 70
2550%
25–50%board control25-50% shares · 25-50% voting · board control04/10/2021

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 →

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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
Incorporated2021-10-04
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

63 Bellsdyke Road
Airdrie
North Lanarkshire
ML6 9DU
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (2 active · 0 resigned)

CALLAGHAN, Eugene
director · ~70y · appointed 2021-10-04
View their other companies + combined net worth →
Active
CALLAGHAN, Kevin
director · ~45y · appointed 2021-10-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property04/12/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-05
change-person-director-company-with-change-date
officers · CH01
2025-08-05
change-person-director-company-with-change-date
officers · CH01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-10
change-person-director-company-with-change-date
officers · CH01
2024-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
change-person-director-company-with-change-date
officers · CH01
2023-03-06
change-person-director-company-with-change-date
officers · CH01
2023-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-06