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.
🔒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 3.2y

25/100
too messy

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

  • · Charge age ~3.2 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
75
Lenders & charges
8 charges (8/8 with lender, 8/8 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
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
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
74
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
£0£0£0£0£0£0Mar 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
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
7
filings
  • 5 mortgage
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-11-11
    🔒
    Charge registered #7
    Lender: Shawbrook Bank Limited
  8. 2025-11-11
    🔒
    Charge registered #6
    Lender: Shawbrook Bank Limited
  9. 2025-11-11
    🔒
    Charge registered #5
    Lender: Shawbrook Bank Limited
  10. 2025-11-11
    🔒
    Charge registered #4
    Lender: Shawbrook Bank Limited
  11. 2025-11-03
    🔒
    Charge registered #8
    Lender: Shawbrook Bank Limited
  12. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2024-10-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2024-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2024-08-07
    🔒
    Charge registered #3
    Lender: Belmont Green Finance Limited
  16. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2024-01-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-01-22
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  19. 2023-02-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-02-08
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  21. 2022-11-01
    🏢
    Company incorporated
    As PERTH CITY PROPERTIES LTD
  22. 2022-11-01
    WHYTE, Gary Scott appointed
    director
  23. 2022-11-01
    WHYTE, Nanna Mary appointed
    director
  24. 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
NameSharesVoting rightsNature of controlNotified
Mr Gary Scott Whyte
Individual · Scottish · DOB 03/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/11/2022
Mrs Nanna Mary Whyte
Individual · Scottish · DOB 07/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/11/2022

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 →

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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

8
Total charges
8
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property11/11/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property11/11/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property11/11/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property11/11/2025
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property03/11/2025
outstanding
Belmont Green Finance
Belmont Green Finance Limited
A registered charge1 property07/08/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property22/01/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property08/02/2023
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