HARMUD PROPERTIES LTD
Opportunity 66/100 (strong), bankability 47/100. 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
6 live charges · 3 lenders · oldest 0.6y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 0.6 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 (56/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 2 mortgage
- • 1 address
- • 3 mortgage
- • 1 address
Corporate timeline (17 events)Click to expand
- 2026-03-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-19🔒Charge registered #6Lender: Vida Bank Limited Trading as Vida Homeloans
- 2026-03-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-09🔒Charge registered #5Lender: Aldermore Bank PLC
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-23🔒Charge registered #4Lender: Ascot Bridging Finance 2 Limited
- 2025-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-21🔒Charge registered #3Lender: Ascot Bridging Finance 2 Limited
- 2025-10-10🔒Charge registered #2Lender: Ascot Bridging Finance 2 Limited
- 2025-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-19🔒Charge registered #1Lender: Ascot Bridging Finance 2 Limited
- 2025-06-16🏢Company incorporatedAs HARMUD PROPERTIES LTD
- 2025-06-16➕HARRINGTON, Mark Thomas appointeddirector
- 2025-06-16➕MUDIE, Iain appointeddirector
- 2025-06-16📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 0.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-19: A registered charge; 2026-02-09: A registered charge; 2025-10-23: A registered charge
Heavily 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 |
|---|---|---|---|---|
Mr Mark Thomas Harrington Individual · British · DOB 07/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/06/2025 |
Mr Iain Mudie Individual · British · DOB 12/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/06/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| GSR PROPERTIES LIMITED→ SC410641 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| H@RRISON HOMES LTD→ SC874187 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HALLE PROPERTY LTD→ SC669769 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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| HOOTS HOLLOW LTD→ SC868227 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HORGAN HOMES LIMITED→ SC722257 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HUNT TRADING HOUSE LTD→ SC779741 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HUTCHISON ESTATES LIMITED→ SC547251 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HYDRO-DATA LIMITED→ SC097776 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| HYDROPARK LIMITED→ SC130176 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| I & A PROPERTY LIMITED→ SC854946 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| I AND J PROPERTIES (RESIDENTIAL) LIMITED→ SC524646 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Vida Bank Trading as Vida Homeloans Vida Bank Limited Trading as Vida Homeloans | A registered charge | 1 property | 19/03/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 09/02/2026 | — | |
| outstanding | Ascot Bridging Finance 2 Ascot Bridging Finance 2 Limited | A registered charge | 1 property | 23/10/2025 | — | |
| outstanding | Ascot Bridging Finance 2 Ascot Bridging Finance 2 Limited | A registered charge | 1 property | 21/10/2025 | — | |
| outstanding | Ascot Bridging Finance 2 Ascot Bridging Finance 2 Limited | A registered charge | 1 property | 10/10/2025 | — | |
| outstanding | Ascot Bridging Finance 2 Ascot Bridging Finance 2 Limited | A registered charge | — | 19/09/2025 | — |