LMI PROPERTY LTD
🌱Startupactive
SC819526 · ltd · incorporated 2024-08-15
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
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 acceptable with review structure.
Opportunity 72/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 0.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 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.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 |
|---|---|
| Average employees | 2 |
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
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-09🔒Charge registered #1Lender: Paragon Bank PLC
- 2025-05-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-10-30📄memorandum-articlesincorporation · MA
- 2024-10-30📄resolutionresolution · RESOLUTIONS
- 2024-08-15🏢Company incorporatedAs LMI PROPERTY LTD
- 2024-08-15➕LI, Ya appointeddirector
- 2024-08-15➕MEARS, Stephen Anthony appointeddirector
- 2024-08-15📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +Young company: Only 1.8 years old — management layer unlikely to be developed.
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 |
|---|---|---|---|---|
Mrs Ya Li Individual · British · DOB 10/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/08/2024 |
Mr Stephen Anthony Mears Individual · British · DOB 02/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/08/2024 |
1 historic (ceased) PSC
- Master Freddie Li Mearsceased 07/05/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MILLS MULTON PROPERTY PARTNERSHIP LIMITED→ SC799272 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MIMI HENRY LTD→ SC858531 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MIMO LETTINGS LTD→ SC698856 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MIRO PROPERTY INVESTMENT LTD→ SC787121 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MK ENTERPRISE ED UK LTD→ SC847245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MM PROPERTY LEASING LIMITED→ SC732703 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MODERNDWELL DEVELOPMENTS LTD→ SC797978 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MOFFAT ENTERPRISE LTD→ SC838744 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MOFFAT PROPERTY INVESTMENTS LTD→ SC867007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MOLEK DEVELOPERS LTD→ SC868650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MONTGOMERY VALLEY INVESTMENTS LTD→ SC568975 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MONTREAL PROPERTY LTD→ SC467670 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2024-08-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09
Officers (2 active · 0 resigned)
Active
MEARS, Stephen Anthony→
Activedirector · ~35y · appointed 2024-08-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 09/08/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (10 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-08
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-11-01
memorandum-articles
incorporation · MA
2024-10-30
resolution
resolution · RESOLUTIONS
2024-10-30
incorporation-company
incorporation · NEWINC
2024-08-15