THOMOND PROPERTY LTD
🌱Startupactive
SC836717 · ltd · incorporated 2025-02-06
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
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Worth a lookProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 64/100 (worth a look), bankability 55/100. 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
12 live charges · 2 lenders · oldest 0.5y
15/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 0.5 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 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
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 mortgage
Last 90 days
5
filings
- • 4 mortgage
- • 1 confirmation-statement
Last 180 days
7
filings
- • 6 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-15🔒Charge registered #12Lender: Paragon Bank PLC
- 2026-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-08🔒Charge registered #11Lender: Paragon Bank PLC
- 2026-04-08🔒Charge registered #9Lender: Paragon Bank PLC
- 2026-03-31🔒Charge registered #10Lender: Paragon Bank PLC
- 2025-11-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-28🔓Charge satisfied #3
- 2025-11-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-14🔒Charge registered #8Lender: Ortus Secured Finance I Limited
- 2025-11-14🔓Charge satisfied #2
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-03🔒Charge registered #7Lender: Ortus Secured Finance I Limited
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29🔒Charge registered #6Lender: Ortus Secured Finance I Limited
- 2025-10-29🔒Charge registered #5Lender: Ortus Secured Finance I Limited
- 2025-10-29🔒Charge registered #4Lender: Ortus Secured Finance I Limited
- 2025-10-29🔒Charge registered #3Lender: Ortus Secured Finance I Limited
- 2025-10-29🔒Charge registered #2Lender: Ortus Secured Finance I Limited
- 2025-10-29🔒Charge registered #1Lender: Ortus Secured Finance I Limited
- 2025-02-06🏢Company incorporatedAs THOMOND PROPERTY LTD
- 2025-02-06➕DUGGAN, Fiona appointeddirector
- 2025-02-06➕DUGGAN, Patrick Nathan appointeddirector
- 2025-02-06📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
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.
- +Young company: Only 1.3 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
2 med · 1 low12 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-15: A registered charge; 2026-04-08: A registered charge; 2026-04-08: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily 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 |
|---|---|---|---|---|
Mrs Fiona Duggan Individual · British · DOB 11/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/02/2025 |
Mr Patrick Nathan Duggan Individual · British · DOB 01/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/02/2025 |
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SJMC PROPERTY LTD→ SC767624 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SOLUTIONS SUBSEA LTD→ SC455552 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SR DAVIDSON PROPERTY DEVELOPMENTS LTD→ SC390901 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| TABASS LTD.→ SC222547 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| THISTLE HOUSE PROPERTY MANAGEMENT LIMITED→ SC690926 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| THT MCBEY LTD→ SC569422 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| TIGH PROPERTIES LIMITED→ SC724676 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| TIME4 PROPERTY SERVICES LIMITED→ SC792734 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TLC PROPERTY GROUP LTD→ SC860090 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TOORPROPS LIMITED→ SC795481 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TORLUNDIE PROPERTY HOLDINGS LTD→ SC847457 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TROUBADOUR MANAGEMENT LIMITED→ SC755847 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2025-02-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
107 Duthie Terrace
Aberdeen
AB10 7PT
Scotland
Filing status
Accounts
Next due: 2026-11-06
Last made up to: —
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05
Officers (2 active · 0 resigned)
DUGGAN, Fiona→
Activedirector · ~48y · appointed 2025-02-06
View their other companies + combined net worth →
DUGGAN, Patrick Nathan→
Activedirector · ~49y · appointed 2025-02-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
10
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 15/04/2026 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 08/04/2026 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 08/04/2026 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 31/03/2026 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 14/11/2025 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | — | 03/11/2025 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 1 property | 29/10/2025 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 1 property | 29/10/2025 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 1 property | 29/10/2025 | — | |
| satisfied | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 1 property | 29/10/2025 | 28/11/2025 | |
| satisfied | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 1 property | 29/10/2025 | 14/11/2025 | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 29/10/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (16 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-30