C & M MATHER LIMITED

🌳Matureactive
SC012172 · ltd · incorporated 1922-04-25
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 Mar 2025
Net worth
£5.65M
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 69-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 62/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 12.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 12.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
99 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
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,654,465
Cash YoY
+798%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£313k
↑ 798% YoY
Net Worth
£5.7m
↑ 4.0% YoY
Current Assets
£614k
↑ 63% YoY
Current Liabilities
£0£1.1m£2.3m£3.4m£4.5m£5.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£5.93M£5.48M
Current assets£614.5k£377.9k
Cash£313.2k£34.9k
Debtors£301.3k£343.0k
Net assets£5.65M£5.44M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-07-25
    🔒
    Charge registered #7
    Lender: Geocore (Kellwood) Limited
  5. 2024-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-06-25
    🔒
    Charge registered #6
    Lender: Handelsbanken PLC as Security Trustee for and on Behalf of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01
  8. 2024-06-18
    🔒
    Charge registered #5
    Lender: Handelsbanken PLC as Security Trustee for and on Behalf of the Secured Parties as Such Term is Defined in the Instrument Evidencing the Charge Accompanying This Form MR01.
  9. 2023-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-12-17
    🔓
    Charge satisfied #4
  13. 2021-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-10-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2021-10-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-10-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2021-10-22
    🔓
    Charge satisfied #3
  18. 2021-10-22
    🔓
    Charge satisfied #2
  19. 2021-10-22
    🔓
    Charge satisfied #1
  20. 2020-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2017-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2014-05-13
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  25. 2014-05-13
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  26. 2014-05-13
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  27. 2014-03-20
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  28. 1997-04-20
    MATHER, Janet Dorothy resigned
    director
  29. 1922-04-25
    🏢
    Company incorporated
    As C & M MATHER LIMITED

Owner dependency

96/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MATHER" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 104 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Mather Property Development Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mather Property Development Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
C & M MATHER LIMITED
This company · SC012172

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Ian Mather
Individual · British · DOB 06/1960 · age 66
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest06/04/2016
Mather Property Development Limited
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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

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
Incorporated1922-04-25
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

13 Greystone Crescent
Dumfries
Dumfriesshire
DG1 1PG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-25
Last: 2025-08-11

Officers (3 active · 1 resigned)

MATHER, Christopher Ian
secretary
View their other companies + combined net worth →
Active
MATHER, Christopher Ian
director · ~66y
View their other companies + combined net worth →
Active
MATHER, Marion Jane Affleck
director · ~69y
View their other companies + combined net worth →
Active
MATHER, Janet Dorothy
director · ~104y · resigned 1997-04-20
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Geocore (Kellwood)
Geocore (Kellwood) Limited
A registered charge1 property25/07/2024
outstanding
Handelsbanken as Security Trustee for and on Behalf of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01
Handelsbanken PLC as Security Trustee for and on Behalf of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01
A registered charge1 property25/06/2024
outstanding
Handelsbanken as Security Trustee for and on Behalf of the Secured Parties as Such Term is Defined in the Instrument Evidencing the Charge Accompanying This Form MR01.
Handelsbanken PLC as Security Trustee for and on Behalf of the Secured Parties as Such Term is Defined in the Instrument Evidencing the Charge Accompanying This Form MR01.
A registered charge18/06/2024
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property13/05/201417/12/2021
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property13/05/201422/10/2021
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property13/05/201422/10/2021
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property20/03/201422/10/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-22
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-22