This may be even weirder but the stencilled lettering at the back of the mower also says PROPERTY INGS ENGINEERING, might have been the mower used for the lawns at the factory. I believe this particular model did not use a catcher as the roller and back steel work are very close and underneath the mower the blades are encapsulated in a steel ring, looks more like a mulching setup. As far as I can tell no modifications have been made to this mower, all paint work matches, no DULUX rebuild here.
Cheers Sir Bat.