CHOICE PROPERTIES (PETERHEAD) LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 72/100 (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: 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
4 live charges · 2 lenders · oldest 1.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 mortgage
- • 2 mortgage
Corporate timeline (13 events)Click to expand
- 2026-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-09🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2026-03-09🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-27🔒Charge registered #2Lender: Aldermore Bank PLC
- 2024-05-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-23🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2024-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-24🏢Company incorporatedAs CHOICE PROPERTIES (PETERHEAD) LIMITED
- 2022-06-24➕HARRIS, Michael Alexander appointeddirector
- 2022-06-24📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Alexander Harris Individual · Scottish · DOB 01/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/06/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CASTLE VIEW (FRASERBURGH) LTD→ SC802204 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CASTLEWOOD PARK LIMITED→ SC267888 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CATER CORPORATION LIMITED→ SC353009 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CATER PROPERTY INVESTMENT 1 (GLASGOW) LIMITED→ SC701130 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CATTANACH CONSULTANCY (ABERDEEN) LIMITED→ SC503405 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CAUDA PROPERTY LIMITED→ SC678301 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CE-D PROPERTY INVESTMENT LTD.→ SC276720 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CERJ PROPERTY MANAGEMENT LTD→ SC786514 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHC PROPERTY HOLDINGS LTD→ SC847282 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHERRYPICK HOMES LTD→ SC568792 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CHIP INVESTMENTS LTD→ SC628788 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CHOICEHAVEN LTD→ SC836939 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 09/03/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 09/03/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 27/03/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 23/05/2024 | — |