KILBRIDE PROPERTY DEVELOPMENTS LTD
💤Zombieactive
SC717970 · ltd · incorporated 2021-12-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-54.5k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 67/100 (strong), bankability 52/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 3.5y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £54,504
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£55k
↓ 56% YoY
Current Assets
£3k
↑ 9.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £244.7k | £212.2k |
| Current assets | £3.3k | £3.0k |
| Net assets | £-54.5k | £-35.0k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16🔒Charge registered #5Lender: Kensington Mortgage Company Limited
- 2024-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-13🔒Charge registered #4Lender: Paratus Amc
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-07🔒Charge registered #3Lender: Kensington Mortgage Company Limited
- 2022-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-29🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2022-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-17🔒Charge registered #1Lender: Together Commercial Finance LTD
- 2021-12-20🏢Company incorporatedAs KILBRIDE PROPERTY DEVELOPMENTS LTD
- 2021-12-20➕KILBRIDE, Michael Peter appointeddirector
- 2021-12-20📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe 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 "KILBRIDE" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome 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 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Michael Peter Kilbride Individual · British · DOB 02/1992 · age 34 | 75–100% | — | 75-100% shares | 20/12/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| LAIK DEVELOPMENTS LTD→ SC799971 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LAK PROPERTY (SCOTLAND) LTD→ SC819591 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LATHERON PROPERTIES (SCOTLAND) LIMITED→ SC458800 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LAWVINE DEVELOPMENTS LTD→ SC636310 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LET AND SALES LOGISTICS SERVICES LTD→ SC818191 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LEZE SCOT PROPERTY LTD→ SC813330 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LGS PROPERTY LTD→ SC858071 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LICHOLDING LIMITED→ SC501523 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2021-12-20
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
105 Ivanhoe Road
Aberdeen
Aberdeenshire
AB10 7ET
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (1 active · 0 resigned)
KILBRIDE, Michael Peter→
Activedirector · ~34y · appointed 2021-12-20
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 | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/01/2025 | — | |
| outstanding | Paratus Amc | A registered charge | 1 property | 13/09/2024 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 07/12/2023 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 29/11/2022 | — | |
| outstanding | Together Money Together Commercial Finance LTD | A registered charge | — | 17/11/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (14 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-24
incorporation-company
incorporation · NEWINC
2021-12-20