OLD STREET PROPERTIES LIMITED

🌿Early-stageactive
SC780444 · ltd · incorporated 2023-08-25
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 Aug 2025
Net worth
£53.5k
book net assets
Opportunity
69/100
Strong
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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
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 65/100. 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 · oldest 0.4y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.4 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £53,535

Key financials

2 years extracted from filed iXBRL accounts
Cash
£435
Net Worth
£54k
↑ 53435% YoY
Current Assets
£375
↑ 275% YoY
Current Liabilities
£0£11k£21k£32k£43k£54kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Total assets£53.5k£100
Current assets£375£100
Cash£435
Debtors£-60£100
Net assets£53.5k£100

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
2
filings
  • 1 accounts
  • 1 persons-with-significant-control
Last 180 days
6
filings
  • 4 mortgage
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-03-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-12-19
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  7. 2025-12-18
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  8. 2025-12-17
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  9. 2025-12-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-12-12
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  11. 2025-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2025-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-06-01
    BRUCE, Alan resigned
    director
  14. 2025-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2024-10-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2024-10-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2024-10-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2024-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-10-01
    GALLAGHER, Kevin John Frederick appointed
    director
  20. 2023-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2023-08-25
    🏢
    Company incorporated
    As OLD STREET PROPERTIES LIMITED
  22. 2023-08-25
    BRUCE, Alan appointed
    director
  23. 2023-08-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
4 new charges in last 12 months
medium

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

Evidence: 2025-12-19: A registered charge; 2025-12-18: A registered charge; 2025-12-17: A registered charge

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ryan Carenduff
Individual · British · DOB 12/1981 · age 45
2550%
25-50% shares01/12/2025
Mr Christopher John Kennedy
Individual · Scottish · DOB 10/1986 · age 40
2550%
25-50% shares01/10/2024
Mr Kevin John Frederick Gallagher
Individual · British · DOB 06/1976 · age 50
2550%
25-50% shares01/10/2024
1 historic (ceased) PSC
  • Mr Alan Bruceceased 01/06/2025· 75-100% shares · 75-100% voting · board control

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

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 →
🔒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
Incorporated2023-08-25
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

71 Kilbowie Road
Clydebank
G81 1BL
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (1 active · 1 resigned)

GALLAGHER, Kevin John Frederick
director · ~50y · appointed 2024-10-01
View their other companies + combined net worth →
Active
BRUCE, Alan
director · ~59y · appointed 2023-08-25 · resigned 2025-06-01
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge19/12/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property18/12/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property17/12/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property12/12/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-02
termination-director-company-with-name-termination-date
officers · TM01
2025-09-02
accounts-with-accounts-type-dormant
accounts · AA
2025-03-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-06
appoint-person-director-company-with-name-date
officers · AP01
2024-10-06