KARON PROPERTIES LIMITED

🌳Matureactive
SC066965 · ltd · incorporated 1979-01-31
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£975.2k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
100 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
78/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £975,180
Cash YoY
+46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£48k
↑ 46% YoY
Net Worth
£975k
↑ 10% YoY
Current Assets
Current Liabilities
£0£195k£390k£585k£780k£975kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Cash£47.7k£32.7k
Net assets£975.2k£886.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2024-11-18
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  4. 2024-11-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-11-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-05-24
    📄
    memorandum-articles
    incorporation · MA
  8. 2024-05-24
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-05-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-05-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-05-24
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  12. 2024-05-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-05-22
    STRONACHS SECRETARIES LIMITED appointed
    corporate-secretary
  14. 2024-05-22
    STRAINE, Kathleen Simpson resigned
    secretary
  15. 2023-10-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2002-02-01
    THUBRON, Robert resigned
    director
  22. 1990-02-01
    THUBRON, Robert appointed
    director
  23. 1979-01-31
    🏢
    Company incorporated
    As KARON PROPERTIES LIMITED

Owner dependency

81/100
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 age: Director aged approximately 77 — 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 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Stronachs Trustee Company Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Stronachs Trustee Company Limited
Corporate parent · holds 25-50% shares
significant stake
KARON PROPERTIES LIMITED
This company · SC066965

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

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ronald Straine
Individual · British · DOB 03/1949 · age 77
75100%
75–100%75-100% shares · 75-100% voting12/09/2016
Mrs Kathleen Simpson Straine
Individual · British · DOB 11/1951 · age 75
5075%
50–75%50-75% shares · 50-75% voting12/09/2016
Stronachs Trustee Company Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting02/02/2021

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
123CS LIMITED
SC718222 · est 2021 · no financials extracted
4y
16CS LIMITED
SC692446 · est 2021 · no financials extracted
5y
21 MAC LTD
SC592551 · est 2018 · no financials extracted
8y
22 POLMUIR GARDENS LTD
SC566695 · est 2017 · no financials extracted
8y
34 QNS HIGHLANDS LTD
SC566999 · est 2017 · no financials extracted
8y
46 QNS HIGHLANDS LTD
SC566989 · est 2017 · no financials extracted
8y
4JL LTD
SC616115 · est 2018 · no financials extracted
7y
53 RUBISLAW SQUARE LTD
SC566680 · est 2017 · no financials extracted
8y
5MS PROPERTIES LTD
SC778428 · est 2023 · no financials extracted
2y
A&A NOVA LIMITED
SC839930 · est 2025 · no financials extracted
1y
A2Z SMART BUSINESS LIMITED
SC777488 · est 2023 · no financials extracted
2y
A2ZBUSINESSES LIMITED
SC306118 · est 2006 · no financials extracted
19y
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
Incorporated1979-01-31
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (3 active · 2 resigned)

STRONACHS SECRETARIES LIMITED
corporate-secretary · appointed 2024-05-22
View their other companies + combined net worth →
Active
STRAINE, Kathleen Simpson
director · ~75y
View their other companies + combined net worth →
Active
STRAINE, Ronald
director · ~77y
View their other companies + combined net worth →
Active
STRAINE, Kathleen Simpson
secretary · resigned 2024-05-22
Resigned
THUBRON, Robert
director · ~70y · appointed 1990-02-01 · resigned 2002-02-01
Resigned

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

Recent filings (100 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-18
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-11-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-03
memorandum-articles
incorporation · MA
2024-05-24
resolution
resolution · RESOLUTIONS
2024-05-24
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-24
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-05-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19