FERNIEGAIR PROPERTY MATTERS LTD

💤Zombieactive
SC720724 · ltd · incorporated 2022-01-24
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 Mar 2025
Net worth
£31.4k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.8y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 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
🔒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
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £31,439

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£31k
↑ 8.2% YoY
Current Assets
£13k
↓ 6.3% YoY
Current Liabilities
£0£6k£13k£19k£25k£31kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£235.8k£234.0k
Current assets£12.8k£13.7k
Net assets£31.4k£29.1k

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
5
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
5
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-03-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2026-03-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-01-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-06
    🔒
    Charge registered #2
    Lender: Mortgage Works (UK) PLC
  8. 2024-08-05
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2023-11-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-07-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-07-15
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  12. 2022-01-24
    🏢
    Company incorporated
    As FERNIEGAIR PROPERTY MATTERS LTD
  13. 2022-01-24
    MCGRAW, Brian appointed
    director
  14. 2022-01-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Brian Mcgraw
Individual · British · DOB 04/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/01/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EK DEVELOPMENTS LIMITED
SC343555 · est 2008 · no financials extracted
17y
ELAR PROPERTY LTD
SC826238 · est 2024 · no financials extracted
1y
ELEGANT LIVING PROPERTIES LTD
SC809971 · est 2024 · no financials extracted
1y
ELITE INVESTMENTS LIMITED
SC777856 · est 2023 · no financials extracted
2y
ELMHURST LIMITED
SC181120 · est 1997 · no financials extracted
28y
EMILY SHAKARJI LTD
SC603211 · est 2018 · no financials extracted
7y
EMPIRE PROPERTIES (SCOTLAND) LIMITED
SC711186 · est 2021 · no financials extracted
4y
EXPRESS HOME SOLUTIONS LTD
SC861864 · est 2025 · no financials extracted
FIONA BINNING DEVELOPMENTS LIMITED
SC488924 · est 2014 · no financials extracted
11y
FITTING AND MAINTENANCE LTD
SC494722 · est 2015 · no financials extracted
11y
FLANIGAN PROPERTIES LTD
SC881385 · est 2026 · no financials extracted
FLETCHER LETTINGS LIMITED
SC463390 · est 2013 · no financials extracted
12y
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
Incorporated2022-01-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 James Hamilton Drive
Bellshill
ML4 1AZ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (1 active · 0 resigned)

MCGRAW, Brian
director · ~53y · appointed 2022-01-24
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Mortgage Works (UK)
Mortgage Works (UK) PLC
A registered charge1 property06/12/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property15/07/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-03-11
gazette-notice-compulsory
gazette · GAZ1
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-10
change-account-reference-date-company-previous-extended
accounts · AA01
2024-08-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-23
incorporation-company
incorporation · NEWINC
2022-01-24