KELVIN PROPERTIES DEVELOPMENTS LIMITED

🌿Early-stageactive
SC728018 · ltd · incorporated 2022-03-30
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
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
9 filings
60
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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£784k£1.6m£2.4m£3.1m£3.9mJun 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£62.9k
Current assets£3.92M
Cash£762.6k
Debtors£3.16M
Net assets£62.9k
Average employees9

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

🔒Filing-note intelligence

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

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 (8 events)Click to expand
  1. 2026-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-15
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2022-03-30
    🏢
    Company incorporated
    As KELVIN PROPERTIES DEVELOPMENTS LIMITED
  6. 2022-03-30
    MCKECHNIE, Stephen John appointed
    director
  7. 2022-03-30
    TAYLOR, Marcus appointed
    director
  8. 2022-03-30
    📄
    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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-28

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen John Mckechnie
Individual · British · DOB 09/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/03/2022
Mr Marcus Taylor
Individual · British · DOB 02/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/03/2022

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 →

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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
Incorporated2022-03-30
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

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: 2026-04-28OVERDUE
Last: 2025-04-14

Officers (2 active · 0 resigned)

MCKECHNIE, Stephen John
director · ~58y · appointed 2022-03-30
View their other companies + combined net worth →
Active
TAYLOR, Marcus
director · ~36y · appointed 2022-03-30
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
change-account-reference-date-company-previous-extended
accounts · AA01
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-29
incorporation-company
incorporation · NEWINC
2022-03-30