GREENHEART HOMES LTD
🌿Early-stageactive
SC759675 · ltd · incorporated 2023-02-21
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
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and structurally messy structure.
Opportunity 72/100 (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: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 1.9y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.9 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-09-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-11🔒Charge registered #4Lender: Shawbrook Bank Limited
- 2025-04-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-08🔒Charge registered #3Lender: Aldermore Bank PLC
- 2025-01-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-09🔒Charge registered #2Lender: Aldermore Bank PLC
- 2024-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05🔒Charge registered #1Lender: Lendinvest Btl Limited
- 2023-04-05📄capital-allotment-sharescapital · SH01
- 2023-03-30📄memorandum-articlesincorporation · MA
- 2023-03-30📄resolutionresolution · RESOLUTIONS
- 2023-02-21🏢Company incorporatedAs GREENHEART HOMES LTD
- 2023-02-21➕MCGURNAGHAN, Harry appointedsecretary
- 2023-02-21➕MCGURNAGHAN, Harry appointeddirector
- 2023-02-21➕MCGURNAGHAN, Joseph appointeddirector
- 2023-02-21📄incorporation-companyincorporation · NEWINC
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harry Mcgurnaghan Individual · British · DOB 12/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/02/2023 |
Mr Joseph Mcgurnaghan Individual · British · DOB 01/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/02/2023 |
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 · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FREEPORT SCOTLAND LIMITED→ SC087372 · est 1984 | £2.26M £1.92M–£2.60M | — | £2.26M | — | 42y | 83 | 65y |
| ROBB DONALD & CO. LIMITED→ SC109886 · est 1988 | £1.67M £1.42M–£1.92M | — | £1.67M | — | 38y | 83 | 76y |
| DOONBANK INVESTMENTS LIMITED→ SC089875 · est 1984 | £1.61M £1.37M–£1.85M | — | £1.61M | — | 41y | 83 | 69y |
| BUILDWAYS LIMITED→ SC035627 · est 1960 | £652.9k £555.0k–£750.9k | — | £652.9k | — | 65y | 82 | 72y |
| DAEDALUS PROPERTIES LIMITED→ SC222335 · est 2001 | £637.0k £541.5k–£732.6k | — | £637.0k | — | 24y | 82 | 67y |
| DS PROPERTY MANAGEMENT LIMITED→ SC372145 · est 2010 | £234.1k £199.0k–£269.2k | — | £234.1k | — | 16y | 83 | 61y |
| AYRSHIRE PROPERTY MANAGEMENT LTD.→ SC387933 · est 2010 | £203.4k £172.9k–£234.0k | — | £203.4k | — | 15y | 82 | 69y |
| DABART LIMITED→ SC169972 · est 1996 | £198.2k £168.5k–£227.9k | — | £198.2k | — | 29y | 82 | 79y |
| MCG PROPERTIES LIMITED→ SC297086 · est 2006 | £111.8k £95.0k–£128.6k | — | £111.8k | — | 20y | 83 | 71y |
| J G D PROPERTIES LIMITED→ SC254693 · est 2003 | £97.6k £82.9k–£112.2k | — | £97.6k | — | 22y | 82 | 77y |
| CROSSING PROPERTIES LTD.→ SC170722 · est 1996 | £83.5k £71.0k–£96.0k | — | £83.5k | — | 29y | 82 | 78y |
| BRYAN BYRNE CONSULTANTS PROPERTIES LIMITED→ SC281879 · est 2005 | £79.4k £67.5k–£91.3k | — | £79.4k | — | 21y | 82 | 70y |
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
Incorporated2023-02-21
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
49 Raith Road
Fenwick
Kilmarnock
KA3 6DB
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20
Officers (3 active · 0 resigned)
MCGURNAGHAN, Harry→
Activesecretary · appointed 2023-02-21
View their other companies + combined net worth →
MCGURNAGHAN, Harry→
Activedirector · ~45y · appointed 2023-02-21
View their other companies + combined net worth →
MCGURNAGHAN, Joseph→
Activedirector · ~40y · appointed 2023-02-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 5 properties | 11/07/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 08/04/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 09/01/2025 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 2 properties | 05/08/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-10
change-person-director-company-with-change-date
officers · CH01
2025-11-10
change-person-secretary-company-with-change-date
officers · CH03
2025-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-01
change-person-director-company-with-change-date
officers · CH01
2025-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-07