MCSTONE PROPERTIES LIMITED
- · Oldest live charge 19.1y old — refinance window within 12 months
Opportunity 56/100 (worth a look), bankability 35/100. Strong seller-intent signal (65/100, director aged 64). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
Refinance opportunity
7 live charges · 2 lenders · oldest 19.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-02-29 | 2023-02-28 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 gazette
- • 3 officers
- • 1 gazette
Corporate timeline (38 events)Click to expand
- 2026-03-24📄gazette-notice-compulsorygazette · GAZ1
- 2026-01-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-05➖MCVICKER, Susanne Margaret resignedsecretary
- 2025-12-05➖LIVINGSTONE, Linda Ann resigneddirector
- 2025-12-05➖MCVICKER, Susanne Margaret resigneddirector
- 2024-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-11-23🔓Charge satisfied #3
- 2008-10-02🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2008-05-20🔓Charge satisfied #5
- 2008-05-02🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2007-11-22🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2007-08-02🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2007-06-21🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2007-04-02🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-03-23🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-01-19➕LIVINGSTONE, Linda Ann appointeddirector
- 2007-01-19➕MCVICKER, Susanne Margaret appointeddirector
- 2006-12-06🏢Company incorporatedAs MCSTONE PROPERTIES LIMITED
- 2006-12-06➕LIVINGSTONE, David Stuart appointeddirector
- 2006-12-06➕MCVICKER, Richard Keith appointeddirector
- 2006-12-06➕MCVICKER, Susanne Margaret appointedsecretary
- 2006-12-06➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-12-06➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-12-06➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
- 2006-12-06➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-nominee-director
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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 2 med · 1 lowStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-28
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-20
Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MCVICKER, Susanne Margaret resigned 2025-12-05; LIVINGSTONE, Linda Ann resigned 2025-12-05; MCVICKER, Susanne Margaret resigned 2025-12-05
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Susanne Margaret Mcvicker Individual · British · DOB 02/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Linda Ann Livingstone Individual · British · DOB 06/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Richard Keith Mcvicker Individual · British · DOB 11/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr David Stuart Livingstone Individual · British · DOB 11/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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 · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/10/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/05/2008 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/11/2007 | 20/05/2008 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/08/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/06/2007 | 23/11/2012 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/04/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/03/2007 | — |