KELVIN PROPERTIES (NAPIERSHALL) LTD

🌿Early-stageactive
SC720491 · ltd · incorporated 2022-01-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 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
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 2.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · 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
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
15 connected companies via shared directors
90
Filing history
17 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
60
Adequate — check latest filings for context.
Acquirability
75
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£1.3m£2.6m£3.9m£5.2m£6.5mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets—£4.30M
Current assets—£6.49M
Cash—£41.9k
Debtors—£39.6k
Net assets—£100
Average employees2—

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
4
filings
  • • 2 mortgage
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-02-27
    🔓
    Charge satisfied #3
  5. 2026-02-27
    🔓
    Charge satisfied #4
  6. 2025-09-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-09-15
    🔓
    Charge satisfied #1
  8. 2025-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-10-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2023-10-16
    🔓
    Charge satisfied #2
  12. 2023-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-10-05
    🔒
    Charge registered #1
    Lender: City Property Glasgow (Investments) LLP
  17. 2023-10-04
    🔒
    Charge registered #3
    Lender: Close Brothers Limited
  18. 2023-10-04
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  19. 2023-09-27
    🔒
    Charge registered #4
    Lender: Close Brothers Limited
  20. 2023-09-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  21. 2022-01-20
    🏢
    Company incorporated
    As KELVIN PROPERTIES (NAPIERSHALL) LTD
  22. 2022-01-20
    ➕
    MCKECHNIE, Stephen John appointed
    director
  23. 2022-01-20
    ➕
    TAYLOR, Marcus appointed
    director
  24. 2022-01-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Marcus Taylor
Individual · British · DOB 02/1990 · age 36
25–50%
25–50%board control25-50% shares · 25-50% voting · board control20/01/2022
Mr Stephen John Mckechnie
Individual · British · DOB 09/1968 · age 58
25–50%
25–50%board control25-50% shares · 25-50% voting · board control20/01/2022

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
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——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

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 →
🔒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
Incorporated2022-01-20
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: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-02
Last: 2026-01-19

Officers (2 active · 0 resigned)

MCKECHNIE, Stephen John→
director · ~58y · appointed 2022-01-20
View their other companies + combined net worth →
Active
TAYLOR, Marcus→
director · ~36y · appointed 2022-01-20
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
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
City Property Glasgow (Investments)
City Property Glasgow (Investments) LLP
A registered charge3 properties05/10/202315/09/2025
satisfied
Close Brothers
Close Brothers Limited
A registered charge7 properties04/10/202327/02/2026
satisfied
Close Brothers
Close Brothers Limited
A registered charge—04/10/202316/10/2023
satisfied
Close Brothers
Close Brothers Limited
A registered charge—27/09/202327/02/2026

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
change-account-reference-date-company-previous-extended
accounts · AA01
2023-09-08