BAIN PROPERTIES LTD

🌿Early-stageactive
SC779852 · ltd · incorporated 2023-08-21
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.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 65/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

12 live charges · 4 lenders · oldest 2.1y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-31

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
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-12-01
    🔒
    Charge registered #12
    Lender: Paratus Amc Limited
  3. 2025-08-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-08-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-08-11
    🔒
    Charge registered #11
    Lender: Paratus Amc Limited
  7. 2025-05-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-05-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-05-14
    🔒
    Charge registered #10
    Lender: Together Commercial Finance Limited
  10. 2025-05-13
    🔒
    Charge registered #9
    Lender: Together Commercial Finance Limited
  11. 2025-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2025-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-03-03
    🔒
    Charge registered #8
    Lender: The Mortgage Lender Limited
  14. 2025-02-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-02-21
    🔒
    Charge registered #7
    Lender: The Mortgage Lender Limited
  16. 2024-12-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-12-04
    🔓
    Charge satisfied #2
  18. 2024-10-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-10-18
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  20. 2024-09-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2024-09-04
    🔒
    Charge registered #5
    Lender: Mortgage Lender Limited
  22. 2024-06-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2024-06-27
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  24. 2024-06-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2024-06-18
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  26. 2024-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2024-04-01
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  28. 2024-03-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2024-03-26
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  30. 2023-08-21
    🏢
    Company incorporated
    As BAIN PROPERTIES LTD
  31. 2023-08-21
    BAIN, Jason Dransfield appointed
    director
  32. 2023-08-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "BAIN" — strong identity link between founder and business.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-12-01: A registered charge; 2025-08-11: A registered charge; 2025-05-14: A registered charge

11 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Red Fox Wealth Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Red Fox Wealth Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
BAIN PROPERTIES LTD
This company · SC779852

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Red Fox Wealth Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest24/06/2025
Mr Jason Dransfield Bain
Individual · British · DOB 11/1995 · age 31
sig. influencesignificant influence21/08/2023

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2023-08-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

8 Tough Avenue
St. Fergus
Peterhead
AB42 3GB
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (1 active · 0 resigned)

BAIN, Jason Dransfield
director · ~31y · appointed 2023-08-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

12
Total charges
11
Outstanding
4
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property01/12/2025
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property11/08/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property14/05/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property13/05/2025
outstanding
The Mortgage Lender
The Mortgage Lender Limited
A registered charge1 property03/03/2025
outstanding
The Mortgage Lender
The Mortgage Lender Limited
A registered charge1 property21/02/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property18/10/2024
outstanding
Mortgage Lender
Mortgage Lender Limited
A registered charge1 property04/09/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property27/06/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property18/06/2024
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property01/04/202404/12/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge26/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-29