ARDROIL INVESTMENT COMPANY LIMITED

🌳Matureactive
SC071767 · ltd · incorporated 1980-06-09
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 Apr 2025
Net worth
£838.7k
book net assets
Opportunity
78/100
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
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 45.6y

35/100
too messy

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

  • · Oldest live charge is 45.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
5 active PSC(s) of 6 total, 6 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
120 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
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review 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 £838,708
Cash YoY
+28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£45k
↑ 28% YoY
Net Worth
£839k
Current Assets
£46k
↑ 28% YoY
Current Liabilities
—
£0£168k£335k£503k£671k£839kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£838.7k—
Current assets£45.5k£35.5k
Cash£44.7k£35.0k
Debtors£783£504
Net assets£838.7k—

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
6
filings
  • • 3 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
6
filings
  • • 3 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-03-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-03-17
    ➕
    MACLEOD, David Lachlan appointed
    secretary
  3. 2026-03-17
    ➖
    MACLEOD, Elizabeth Margaret resigned
    secretary
  4. 2026-03-17
    ➖
    MACLEOD, Elizabeth Margaret resigned
    director
  5. 2026-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2026-03-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2026-03-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2026-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-03-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-06-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-02-11
    🔓
    Charge satisfied #7
  22. 2018-05-03
    🔓
    Charge satisfied #6
  23. 2017-07-26
    🔓
    Charge satisfied #5
  24. 2015-05-26
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  25. 2013-10-28
    ➖
    MACLEOD, Calum Alexander, Dr resigned
    director
  26. 2013-02-19
    🔓
    Charge satisfied #4
  27. 2013-02-08
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  28. 2008-02-12
    🔓
    Charge satisfied #2
  29. 2008-02-12
    🔓
    Charge satisfied #1
  30. 2008-01-30
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  31. 2008-01-21
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  32. 2005-07-22
    🔓
    Charge satisfied #3
  33. 1997-05-01
    ➕
    SCOTT, Edythe Louise appointed
    director
  34. 1994-05-01
    ➕
    MACLEOD, Allan Davidson appointed
    director
  35. 1994-05-01
    ➕
    MACLEOD, David Lachlan appointed
    director
  36. 1985-05-01
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  37. 1984-04-06
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 1980-09-16
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  39. 1980-06-09
    🏢
    Company incorporated
    As ARDROIL INVESTMENT COMPANY LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MACLEOD, Elizabeth Margaret resigned 2026-03-17; MACLEOD, Elizabeth Margaret resigned 2026-03-17

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Patsyandack Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Patsyandack Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
ARDROIL INVESTMENT COMPANY LIMITED
This company · SC071767

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

Shareholders & ownership

5 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Patsyandack Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting16/03/2026
Mrs Hayley-Anne Macleod
Individual · British · DOB 09/1968 · age 58
25–50%
—25-50% shares20/04/2016
Mrs Edythe Louise Scott
Individual · British · DOB 02/1972 · age 54
25–50%
—25-50% shares20/04/2016
Mr Allan Davidson Macleod
Individual · British · DOB 02/1966 · age 60
——sig. influencesignificant influence20/04/2016
Mr David Lachlan Macleod
Individual · British · DOB 05/1968 · age 58
——sig. influencesignificant influence20/04/2016
1 historic (ceased) PSC
  • Mrs Gillian Marysia Macleodceased 16/03/2026· 25-50% shares

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

6 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
Incorporated1980-06-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Beechgrove Cottage
9 Beechgrove Place
Aberdeen
AB15 5HF
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-31
Last: 2026-01-17

Officers (4 active · 3 resigned)

MACLEOD, David Lachlan→
secretary · appointed 2026-03-17
View their other companies + combined net worth →
Active
MACLEOD, Allan Davidson→
director · ~60y · appointed 1994-05-01
View their other companies + combined net worth →
Active
MACLEOD, David Lachlan→
director · ~58y · appointed 1994-05-01
View their other companies + combined net worth →
Active
SCOTT, Edythe Louise→
director · ~54y · appointed 1997-05-01
View their other companies + combined net worth →
Active
MACLEOD, Elizabeth Margaret→
secretary · resigned 2026-03-17
Resigned
MACLEOD, Calum Alexander, Dr→
director · ~91y · resigned 2013-10-28
Resigned
MACLEOD, Elizabeth Margaret→
director · ~86y · resigned 2026-03-17
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—26/05/201511/02/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property08/02/201303/05/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property30/01/200826/07/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property21/01/200819/02/2013
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property01/05/198522/07/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property06/04/198412/02/2008
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property16/09/198012/02/2008

Recent filings (120 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-17
appoint-person-secretary-company-with-name-date
officers · AP03
2026-03-17
termination-secretary-company-with-name-termination-date
officers · TM02
2026-03-17
termination-director-company-with-name-termination-date
officers · TM01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16