ARDVORLICH ESTATE LIMITED

🌳Matureactive

SC035482 · ltd · incorporated 1960-07-13

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 16.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pursue

Active trading company with a 93-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 16.0y

85/100

ready

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

· Oldest live charge is 16.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

100 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	5	600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-04-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
🔓
Charge satisfied #2
2024-04-18
🔓
Charge satisfied #1
2024-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-13
➖
STEWART, Laura resigned
director
2022-01-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-17
📄
resolution
resolution · RESOLUTIONS
2019-09-17
📄
capital-allotment-shares
capital · SH01
2019-03-12
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2011-12-01
➕
STEWART, Laura appointed
director
2010-06-21
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2010-05-04
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2002-01-09
➕
STEWART, James Alexander appointed
director
1960-07-13
🏢
Company incorporated
As ARDVORLICH ESTATE LIMITED

Owner dependency

83/100

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

+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 93 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 93 years old. Natural succession window is now.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 66 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

clean

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

Group structure

The Stewasrt Family Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

The Stewasrt Family Trust

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ARDVORLICH ESTATE LIMITED

This company · SC035482

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
The Stewasrt Family Trust Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

Active · Energy & utilities · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
NATHANS WASTE SAVERS LIMITED→ SC140595 · est 1992	£8.63M £6.22M–£11.05M	£23.10M	—	29900	33y	82	58y
COOLER AIR SERVICES LIMITED→ SC080543 · est 1982	—	—	£1.24M	—	43y	82	63y
HYDROTECHNICS LTD.→ SC172313 · est 1997	—	—	—	100	29y	82	58y
INNOVATIVE ENVIRONMENTAL SERVICES LTD.→ SC243122 · est 2003	—	—	£822.6k	—	23y	81	62y
BALLIMORE HYDRO LIMITED→ SC410173 · est 2011	—	—	—	0	14y	80	73y
FOUNDRY STEELS LTD.→ SC281901 · est 2005	—	—	£948.4k	—	21y	80	71y
GLENDEVON ESTATE LIMITED→ SC021861 · est 1941	—	—	—	2	84y	80	92y
JOHN GRAHAM (METALS) LIMITED→ SC261633 · est 2004	—	—	£8.89M	—	22y	80	68y
LOCHDOCHART HYDRO→ SC310998 · est 2006 · no financials extracted	—	—	—	—	19y	80	61y
BRACO WIND LIMITED→ SC425453 · est 2012	—	—	—	200	13y	79	73y
CAMPBELL'S AUTO SALVAGE LTD→ SC648096 · est 2019	—	—	—	500	6y	79	68y
GREENPOWER (CARIE) LIMITED→ SC480156 · est 2014	—	—	—	2	11y	79	62y

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

Incorporated1960-07-13

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Ardvorlich

Lochearnhead

Perthshire

FK19 8QE

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-16

Last: 2026-04-02

Officers (4 active · 1 resigned)

STEWART, Virginia Mary→

secretary

View their other companies + combined net worth →

Active

STEWART, Alexander Donald→

director · ~93y

View their other companies + combined net worth →

Active

STEWART, James Alexander→

director · ~46y · appointed 2002-01-09

View their other companies + combined net worth →

Active

STEWART, Virginia Mary→

director · ~81y

View their other companies + combined net worth →

Active

STEWART, Laura→

director · ~46y · appointed 2011-12-01 · resigned 2022-04-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Virgin Money Clydesdale Bank PLC	Standard security	1 property	21/06/2010	18/04/2024
	satisfied	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	04/05/2010	18/04/2024

Recent filings (100 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-01-23

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-10-25

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-18

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-31

confirmation-statement-with-updates

confirmation-statement · CS01

2023-03-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-01-31

termination-director-company-with-name-termination-date

officers · TM01

2022-06-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-03-31

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-01-29

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-04-29