MASK PROPERTY DEVELOPMENTS LIMITED

🌳Matureactive
SC531038 · ltd · incorporated 2016-03-30
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£258.2k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Activities of construction holding companies
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · oldest 9.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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 £258,172
Cash YoY
+2804%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↑ 2804% YoY
Net Worth
£258k
↑ 30% YoY
Current Assets
—
Current Liabilities
—
£0£52k£103k£155k£207k£258kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£566.0k£529.4k
Cash£2.9k£100
Net assets£258.2k£199.1k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-04-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-04-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-04-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-02-25
    🔓
    Charge satisfied #3
  13. 2022-04-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-04-12
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  16. 2022-03-15
    ➕
    MACDONALD, Karen appointed
    director
  17. 2022-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-12-23
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-10-19
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  22. 2016-08-09
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  23. 2016-08-02
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  24. 2016-03-30
    🏢
    Company incorporated
    As MASK PROPERTY DEVELOPMENTS LIMITED
  25. 2016-03-30
    ➕
    MACDONALD, Mark John appointed
    director

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Karen Macdonald
Individual · British · DOB 07/1983 · age 43
25–50%
25–50%25-50% shares · 25-50% voting22/03/2024
Mr Mark John Macdonald
Individual · Scottish · DOB 05/1983 · age 43
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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—£7.18M—2y7271y
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————23y8075y
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————51y7865y
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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
Incorporated2016-03-30
Jurisdictionscotland
Primary SIC64203 — Activities of construction holding companies

Registered office

63 Kenneth Street
Stornoway
Isle Of Lewis
HS1 2DS
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29

Officers (2 active · 0 resigned)

MACDONALD, Karen→
director · ~43y · appointed 2022-03-15
View their other companies + combined net worth →
Active
MACDONALD, Mark John→
director · ~43y · appointed 2016-03-30
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge7 properties12/04/2022—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property19/10/201725/02/2023
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/08/2016—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—02/08/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
change-person-director-company-with-change-date
officers · CH01
2025-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-11
change-person-director-company-with-change-date
officers · CH01
2025-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-25