AUCKLAND PROPERTY CO LTD
🌿Early-stageactive
SC738390 · ltd · incorporated 2022-07-14
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 Jul 2024
Net worth
£-147.7k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 68/100 (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. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
22 live charges · 7 lenders · oldest 3.5y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
22 charges (22/22 with lender, 22/22 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
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
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 £147,665
Cash YoY
+214%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↑ 214% YoY
Net Worth
-£148k
↓ 1368% YoY
Current Assets
£4k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £1.04M | £41.2k |
| Current assets | £3.5k | — |
| Cash | £3.0k | £949 |
| Debtors | £530 | — |
| Net assets | £-147.7k | £-10.1k |
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 mortgage
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-20🔒Charge registered #22Lender: Paragon Bank PLC
- 2025-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16🔒Charge registered #21Lender: Together Commercial Finance Limited
- 2025-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-10🔓Charge satisfied #2
- 2025-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-28🔒Charge registered #20Lender: Paratus Amc Limited
- 2024-09-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-16🔒Charge registered #19Lender: Shawbrook Bank Limited
- 2024-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-03🔒Charge registered #18Lender: Paratus Amc Limited
- 2024-08-03🔒Charge registered #17Lender: Paratus Amc Limited
- 2024-08-03🔒Charge registered #16Lender: Paratus Amc Limited
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-20🔒Charge registered #15Lender: Together Commercial Finance Limited
- 2024-06-20🔒Charge registered #14Lender: Together Commercial Finance Limited
- 2024-06-20🔒Charge registered #13Lender: Together Commercial Finance Limited
- 2024-06-20🔒Charge registered #12Lender: Together Commercial Finance Limited
- 2024-06-20🔒Charge registered #11Lender: Together Commercial Finance Limited
- 2024-06-20🔒Charge registered #10Lender: Together Commercial Finance Limited
- 2024-06-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-07🔒Charge registered #9Lender: The Mortgage Works (UK) PLC
- 2024-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-03🔒Charge registered #8Lender: Together Commercial Finance Limited
- 2024-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-12🔒Charge registered #7Lender: Paratus Amc Limited
- 2024-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-30🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2024-01-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-19🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2024-01-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-28🔒Charge registered #4Lender: Lendinvest Btl Limited
- 2023-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-02🔒Charge registered #3Lender: Lendinvest Btl Limited
- 2023-09-29🔒Charge registered #2Lender: Alternative Bridging Corporation Limited
- 2022-10-21🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2022-07-14🏢Company incorporatedAs AUCKLAND PROPERTY CO LTD
- 2022-07-14➕MCCULLOCH, Karris Clark appointeddirector
- 2022-07-14➕MCCULLOCH, Scott Andrew appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 low21 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Andrew Mcculloch Individual · British · DOB 10/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/07/2022 |
Mrs Karris Clark Mcculloch Individual · British · DOB 11/1985 · age 41 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/07/2022 |
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 · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVONLEA PROPERTY MANAGEMENT LIMITED→ SC205575 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AVOS HOLDING LIMITED→ SC567366 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AVSCO LTD→ SC655954 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AW RESIDENTIAL PROPERTIES LIMITED→ SC690098 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BACK ROW PROPERTIES LIMITED→ SC325329 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BADREKHAN PROPERTIES LTD→ SC821189 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BALMORAL PROPERTY DEVELOPMENT LTD→ SC880120 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BALMUILDY LTD.→ SC499492 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BANYAN PROPERTY INVESTMENTS LTD→ SC662888 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BARBOUR HOLDINGS LIMITED→ SC277445 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BARCLAY SCOTT LTD→ SC488414 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BARFILLAN HOUSE LTD→ SC851762 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2022-07-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13
Officers (2 active · 0 resigned)
MCCULLOCH, Karris Clark→
Activedirector · ~41y · appointed 2022-07-14
View their other companies + combined net worth →
MCCULLOCH, Scott Andrew→
Activedirector · ~44y · appointed 2022-07-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
22
Total charges
21
Outstanding
6
Active lenders
Status:Lender:22 of 22 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/03/2026 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 16/04/2025 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 28/01/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 3 properties | 16/09/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 03/08/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 03/08/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 03/08/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 20/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 20/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 20/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 20/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 20/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 20/06/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 07/06/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 03/06/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 12/03/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 30/01/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 19/01/2024 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 28/12/2023 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 02/12/2023 | — | |
| satisfied | Alternative Bridging Corporation Alternative Bridging Corporation Limited | A registered charge | — | 29/09/2023 | 10/04/2025 | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 21/10/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21