FM PROPERTY MANAGEMENT SERVICES LIMITED
Opportunity 48/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (43/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · 2 lenders · oldest 16.8y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 16.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (44 events)Click to expand
- 2017-08-09⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2017-08-09🏁Company dissolved
- 2017-05-09⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2011-05-10⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2011-05-10⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2011-05-10⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2011-05-05📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-08-12⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2010-08-12⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2010-05-26📄termination-secretary-company-with-nameofficers · TM02
- 2010-05-18➖LURRING, Robert Graeme resignedsecretary
- 2010-03-24📄appoint-person-secretary-company-with-nameofficers · AP03
- 2010-03-24📄termination-secretary-company-with-nameofficers · TM02
- 2010-03-24📄termination-director-company-with-nameofficers · TM01
- 2010-03-24📄termination-director-company-with-nameofficers · TM01
- 2010-03-22➕LURRING, Robert Graeme appointedsecretary
- 2010-03-22➖MILNE, Jonathon Alexander resignedsecretary
- 2010-03-22➖FORBES, John Inglis resigneddirector
- 2010-03-22➖MILNE, John Todd resigneddirector
- 2009-12-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-07-28📄legacymortgage · 410(Scot)
- 2009-07-20📄legacyofficers · 288c
- 2009-07-18📄legacymortgage · 410(Scot)
- 2009-07-13🔒Charge registered #2Lender: John Alexander Milne and Others
- 2009-07-13🔒Charge registered #1Lender: Fm Developments Limited Executive Pension Scheme
- 2008-11-04🏢Company incorporatedAs FM PROPERTY MANAGEMENT SERVICES LIMITED
- 2008-11-04➕MILNE, Jonathon Alexander appointeddirector
- 2008-11-04➕MILNE, Jonathon Alexander appointedsecretary
- 2008-11-04➕BURNESS LLP appointedcorporate-secretary
- 2008-11-04➖BURNESS LLP resignedcorporate-secretary
- 2008-11-04➕FORBES, John Inglis appointeddirector
- 2008-11-04➕GRAY, Gary George appointeddirector
- 2008-11-04➖GRAY, Gary George resigneddirector
- 2008-11-04➕MILNE, John Todd appointeddirector
- 2008-11-04➕BURNESS (DIRECTORS) LIMITED appointedcorporate-director
- 2008-11-04➖BURNESS (DIRECTORS) LIMITED resignedcorporate-director
- 2008-11-04📄legacyofficers · 288a
- 2008-11-04📄legacyofficers · 288b
- 2008-11-04📄legacyofficers · 288a
- 2008-11-04📄legacyofficers · 288a
- 2008-11-04📄legacyaccounts · 225
- 2008-11-04📄legacyofficers · 288b
- 2008-11-04📄legacyofficers · 288b
- 2008-11-04📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-08-09
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-08-09: gazette-dissolved-liquidation; 2017-05-09: liquidation-compulsory-return-of-final-meeting-scotland
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
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Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 7 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | John Alexander Milne and Others | Bond & floating charge | 1 property | 13/07/2009 | — | |
| outstanding | Fm Developments Executive Pension Scheme Fm Developments Limited Executive Pension Scheme | Bond & floating charge | 1 property | 13/07/2009 | — |