PERTH CITY PROPERTIES LTD

🌿Early-stageactive

SC749031 · ltd · incorporated 2022-11-01

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

66/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 3.4y

25/100

too messy

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

· Charge age ~3.4 years — mid-life; refi window approaching.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — 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

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

16 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

66/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-11
🔒
Charge registered #7
Lender: Shawbrook Bank Limited
2025-11-11
🔒
Charge registered #6
Lender: Shawbrook Bank Limited
2025-11-11
🔒
Charge registered #5
Lender: Shawbrook Bank Limited
2025-11-11
🔒
Charge registered #4
Lender: Shawbrook Bank Limited
2025-11-03
🔒
Charge registered #8
Lender: Shawbrook Bank Limited
2024-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-14
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-07
🔒
Charge registered #3
Lender: Belmont Green Finance Limited
2024-07-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-22
🔒
Charge registered #2
Lender: The Mortgage Works (UK) PLC
2023-02-09
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-08
🔒
Charge registered #1
Lender: The Mortgage Works (UK) PLC
2022-11-01
🏢
Company incorporated
As PERTH CITY PROPERTIES LTD
2022-11-01
➕
WHYTE, Gary Scott appointed
director
2022-11-01
➕
WHYTE, Nanna Mary appointed
director
2022-11-01
📄
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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100

Weak signal

Limited 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 med · 1 low

5 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-11-11: A registered charge; 2025-11-11: A registered charge; 2025-11-11: A registered charge

8 live charges

low

Heavily 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 Gary Scott Whyte Individual · Scottish · DOB 03/1986 · age 40	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/11/2022
Mrs Nanna Mary Whyte Individual · Scottish · DOB 07/1980 · age 46	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/11/2022

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 · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
RIVERSDALE MARKETING (SCOTLAND) LIMITED→ SC197233 · est 1999	£6.31M £5.37M–£7.26M	—	£6.31M	—	27y	83	61y
D.A.KENNEDY (DEVELOPMENTS) LIMITED→ SC132298 · est 1991	£1.25M £1.07M–£1.44M	—	£1.25M	—	35y	82	79y
DUNKELD MEDICAL SERVICES LIMITED→ SC374226 · est 2010	£588.3k £500.0k–£676.5k	—	£588.3k	—	16y	82	62y
RS DEVELOPMENTS SCOTLAND LIMITED→ SC267210 · est 2004	£377.0k £320.4k–£433.5k	—	£377.0k	—	22y	82	75y
PITLOCHRY LIMITED→ SC237019 · est 2002	£258.4k £219.6k–£297.1k	—	£258.4k	—	23y	82	74y
EVERT PROPERTY LIMITED→ SC187426 · est 1998	£172.2k £146.4k–£198.1k	—	£172.2k	—	27y	82	85y
A. M. MACDONALD (ELECTRICAL ENGINEERS) LIMITED→ SC063317 · est 1977	£164.5k £139.8k–£189.2k	—	£164.5k	—	48y	82	84y
MCKERCHAR & MACNAUGHTON LIMITED→ SC033621 · est 1959	£111.7k £95.0k–£128.5k	—	£111.7k	—	67y	82	92y
FEAL BUSINESS DEVELOPMENT LIMITED→ SC229463 · est 2002	£86.7k £73.7k–£99.7k	—	£86.7k	—	24y	82	71y
STANDCO LIMITED→ SC211193 · est 2000	£69.3k £58.9k–£79.7k	—	£69.3k	—	25y	82	74y
5-S CONSTRUCTION LIMITED→ SC312100 · est 2006	£66.8k £56.8k–£76.9k	—	£66.8k	—	19y	83	62y
GERARD CAMERON PROPERTIES LIMITED→ SC192577 · est 1999	£57.3k £48.7k–£65.9k	—	£57.3k	—	27y	82	71y

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

Incorporated2022-11-01

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

24 Craiglea Road

Perth

PH1 1JT

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-14

Last: 2025-10-31

Officers (2 active · 0 resigned)

WHYTE, Gary Scott→

director · ~40y · appointed 2022-11-01

View their other companies + combined net worth →

Active

WHYTE, Nanna Mary→

director · ~46y · appointed 2022-11-01

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:8 of 8 shown

		Type	Properties
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	11/11/2025	—
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	11/11/2025	—
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	11/11/2025	—
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	11/11/2025	—
outstanding	Shawbrook Shawbrook Bank Limited	A registered charge	1 property	03/11/2025	—
outstanding	Belmont Green Finance Belmont Green Finance Limited	A registered charge	1 property	07/08/2024	—
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	22/01/2024	—
outstanding	The Mortgage Works (UK) The Mortgage Works (UK) PLC	A registered charge	1 property	08/02/2023	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-24

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-11-12

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-11-12

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-11-12

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-11-12

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-11-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-08

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-06

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-10-14

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-08-23

accounts-with-accounts-type-micro-entity

accounts · AA

2024-07-30

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-01-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-21

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2023-02-09