HIBERNIAN PROPERTY LLP

💤Zombieactive
SO307675 · llp · incorporated 2022-12-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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Investor take
Worth a look
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 63/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

9 live charges · 2 lenders · oldest 2.9y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.9 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
7
filings
  • 4 officers
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-16
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC05
  3. 2025-12-15
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2025-11-05
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  5. 2025-11-05
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  6. 2025-11-05
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  7. 2025-11-05
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  8. 2025-11-01
    FRASER, Ian James resigned
    llp-designated-member
  9. 2025-11-01
    LOWE, William resigned
    llp-designated-member
  10. 2025-11-01
    MCPHERSON, Malcolm Henry resigned
    llp-designated-member
  11. 2025-11-01
    NICOL, Richard resigned
    llp-designated-member
  12. 2025-06-11
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  13. 2025-06-01
    GOLD, Lindsay resigned
    llp-designated-member
  14. 2025-05-23
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  15. 2024-12-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2024-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2024-01-17
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2023-12-07
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  20. 2023-08-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  21. 2023-08-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  22. 2023-08-30
    🔒
    Charge registered #9
    Lender: Hampden & Co PLC
  23. 2023-08-30
    🔒
    Charge registered #8
    Lender: Hampden & Co PLC
  24. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  25. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  26. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  27. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  28. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  29. 2023-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  30. 2023-08-12
    🔒
    Charge registered #7
    Lender: Hampden & Co PLC
  31. 2023-08-12
    🔒
    Charge registered #6
    Lender: Hampden & Co PLC
  32. 2023-08-12
    🔒
    Charge registered #5
    Lender: Hampden & Co PLC
  33. 2023-08-11
    🔒
    Charge registered #4
    Lender: Hampden & Co PLC
  34. 2023-08-11
    🔒
    Charge registered #3
    Lender: Hampden & Co PLC
  35. 2023-08-05
    🔒
    Charge registered #2
    Lender: Hampden & Co PLC
  36. 2023-07-18
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  37. 2023-07-18
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  38. 2023-07-18
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC02
  39. 2023-06-23
    HAMILTON, Kathrin appointed
    llp-designated-member
  40. 2023-06-23
    ROBB, William Leslie appointed
    llp-designated-member
  41. 2023-06-23
    BYDAND-HIBERNIAN FLATS LLC appointed
    corporate-llp-designated-member
  42. 2023-06-23
    FRASER, Ian James appointed
    llp-designated-member
  43. 2023-06-23
    GOLD, Lindsay appointed
    llp-designated-member
  44. 2023-06-23
    LOWE, William appointed
    llp-designated-member
  45. 2023-06-23
    NICOL, Richard appointed
    llp-designated-member
  46. 2023-06-22
    🔒
    Charge registered #1
    Lender: Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
  47. 2022-12-05
    🏢
    Company incorporated
    As HIBERNIAN PROPERTY LLP
  48. 2022-12-05
    HADDINGTON ESTATES LTD. appointed
    corporate-llp-designated-member
  49. 2022-12-05
    MCPHERSON, Malcolm Henry appointed
    llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 med · 1 low
5 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: FRASER, Ian James resigned 2025-11-01; GOLD, Lindsay resigned 2025-06-01; LOWE, William resigned 2025-11-01

9 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Bydand-Hibernian Flats Llc holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Bydand-Hibernian Flats Llc
Corporate parent
HIBERNIAN PROPERTY LLP
This company · SO307675

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Bydand-Hibernian Flats Llc
Corporate entity
50–75%50-75% voting23/06/2023
2 historic (ceased) PSCs
  • Mr Malcolm Henry Mcphersonceased 23/06/2023· 25-50% voting
  • Haddington Estates Ltd.ceased 23/06/2023· 25-50% voting · firm interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Typellp
Incorporated2022-12-05
Jurisdictionscotland
Primary SIC

Registered office

9 Haymarket Square
Level 5
Edinburgh
EH3 8RY
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (4 active · 5 resigned)

HAMILTON, Kathrin
llp-designated-member · ~51y · appointed 2023-06-23
View their other companies + combined net worth →
Active
ROBB, William Leslie
llp-designated-member · ~71y · appointed 2023-06-23
View their other companies + combined net worth →
Active
BYDAND-HIBERNIAN FLATS LLC
corporate-llp-designated-member · appointed 2023-06-23
View their other companies + combined net worth →
Active
HADDINGTON ESTATES LTD.
corporate-llp-designated-member · appointed 2022-12-05
View their other companies + combined net worth →
Active
FRASER, Ian James
llp-designated-member · ~71y · appointed 2023-06-23 · resigned 2025-11-01
Resigned
GOLD, Lindsay
llp-designated-member · ~56y · appointed 2023-06-23 · resigned 2025-06-01
Resigned
LOWE, William
llp-designated-member · ~67y · appointed 2023-06-23 · resigned 2025-11-01
Resigned
MCPHERSON, Malcolm Henry
llp-designated-member · ~72y · appointed 2022-12-05 · resigned 2025-11-01
Resigned
NICOL, Richard
llp-designated-member · ~65y · appointed 2023-06-23 · resigned 2025-11-01
Resigned

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

Mortgages & charges

9
Total charges
9
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge1 property30/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge1 property30/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge3 properties12/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge3 properties12/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge3 properties12/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge3 properties11/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge3 properties11/08/2023
outstanding
Hampden & Co
Hampden & Co PLC
A registered charge1 property05/08/2023
outstanding
Hampden & Co , 9 Charlotte Square, Edinburgh, EH2 4DR
Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
A registered charge1 property22/06/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC05
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-12-15
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2025-11-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2025-11-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2025-11-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2025-11-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2025-06-11
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
accounts-with-accounts-type-dormant
accounts · AA
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-01-17
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2023-12-07
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2023-08-31