CITY RESTORATION PROJECT LTD
🏛️Establishedactive
SC622988 · ltd · incorporated 2019-03-01
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 6.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
£581.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68201Renting and operating of Housing Association real estate
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 71/100 (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
5 live charges · oldest 6.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 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
3 connected companies via shared directors
54
Filing history
21 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
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £581,855
Key financials
1 year extracted from filed iXBRL accountsCash
£328k
Net Worth
£582k
Current Assets
£1.6m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-31 |
|---|---|
| Total assets | £1.36M |
| Current assets | £1.59M |
| Cash | £327.8k |
| Debtors | £282.5k |
| Net assets | £581.9k |
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
1
filing
- • 1 mortgage
Last 90 days
4
filings
- • 3 mortgage
- • 1 accounts
Last 180 days
4
filings
- • 3 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-02🔒Charge registered #5Lender: Bank of Scotland PLC
- 2026-02-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-01-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-23🔓Charge satisfied #4
- 2026-01-23🔓Charge satisfied #3
- 2025-01-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-07🔒Charge registered #4Lender: Bank of Scotland PLC
- 2022-12-07🔒Charge registered #3Lender: Bank of Scotland PLC
- 2022-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-04-22🔒Charge registered #2Lender: Bank of Scotland PLC
- 2020-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-18🔒Charge registered #1Lender: Bank of Scotland PLC
- 2019-03-01🏢Company incorporatedAs CITY RESTORATION PROJECT LTD
- 2019-03-01➕GOWANS, Darren Victor Edward appointeddirector
- 2019-03-01➕GOWANS, Dean John Ronald appointeddirector
- 2019-03-01📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren Victor Edward Gowans Individual · British · DOB 05/1985 · age 41 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/03/2019 |
Mr Dean John Ronald Gowans Individual · British · DOB 08/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/03/2019 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 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 | — | — |
| 72 QNS CRESCENT LTD→ SC566976 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 7778 ESTATES LTD→ SC778161 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 786 PROPERTY GROUP LTD→ SC785211 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2019-03-01
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Dunbar House
52 Kings Gate
Aberdeen
AB15 4DA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13
Officers (2 active · 0 resigned)
GOWANS, Darren Victor Edward→
Activedirector · ~41y · appointed 2019-03-01
View their other companies + combined net worth →
GOWANS, Dean John Ronald→
Activedirector · ~40y · appointed 2019-03-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/04/2026 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 07/12/2022 | 23/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 07/12/2022 | 23/01/2026 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 22/04/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 18/03/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-29