DENARIUS INVESTMENT COMPANY LIMITED

🌳Matureactive
SC080962 · ltd · incorporated 1982-11-22
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 43.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
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 with a 80-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (73/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 43.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 43.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
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
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees2200

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 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-01-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-01-01
    ➕
    CAMERON, Eleanor appointed
    director
  9. 2021-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-01-01
    ➕
    SIMPSON, Graeme Forbes appointed
    director
  12. 2019-11-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2019-10-29
    ➖
    AS COMPANY SERVICES LIMITED resigned
    corporate-secretary
  14. 2019-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2016-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2007-11-26
    ➖
    ANDERSON STRATHERN WS resigned
    corporate-secretary
  20. 2007-11-26
    ➕
    AS COMPANY SERVICES LIMITED appointed
    corporate-secretary
  21. 2003-07-08
    🔓
    Charge satisfied #1
  22. 2000-03-02
    ➕
    ANDERSON STRATHERN WS appointed
    corporate-secretary
  23. 2000-03-02
    ➖
    HALL & COMPANY WRITERS TO THE SIGNET resigned
    corporate-secretary
  24. 1998-05-05
    ➖
    A & R ROBERTSON & BLACK resigned
    corporate-secretary
  25. 1998-05-05
    ➕
    HALL & COMPANY WRITERS TO THE SIGNET appointed
    corporate-secretary
  26. 1997-02-11
    🔓
    Charge satisfied #4
  27. 1995-02-16
    ➕
    SIMPSON, Margaret Barbara appointed
    director
  28. 1993-10-26
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  29. 1990-10-01
    ➕
    A & R ROBERTSON & BLACK appointed
    corporate-secretary
  30. 1990-10-01
    ➖
    MESSRS J W WYLLIE & HENDERSON resigned
    corporate-secretary
  31. 1990-10-01
    ➖
    BELL, Alan William Smith resigned
    director
  32. 1989-07-19
    🔓
    Charge satisfied #2
  33. 1988-09-29
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  34. 1984-03-23
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  35. 1982-12-29
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  36. 1982-11-22
    🏢
    Company incorporated
    As DENARIUS INVESTMENT COMPANY LIMITED

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — 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 80 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 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

1 med ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Simpson
Individual · British · DOB 07/1946 · age 80
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · Property · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COLLINS PROPERTY LEASING LTD→
SC731172 · est 2022 · no financials extracted
————3y——
CULLOCHGOLD SERVICES LIMITED→
SC175547 · est 1997 · no financials extracted
————28y——
D.M. MACKINNON ESTATES LTD.→
SC239892 · est 2002 · no financials extracted
————23y——
DAVID LINDSAY (POTATO MERCHANTS) LIMITED→
SC023262 · est 1945 · no financials extracted
————80y——
DAVID T. FENTON & SONS. LIMITED→
SC021119 · est 1939 · no financials extracted
————86y——
DC PROPERTY (SCOTLAND) LTD→
SC770715 · est 2023 · no financials extracted
————2y——
DM STRATHMORE LIMITED→
SC613433 · est 2018 · no financials extracted
————7y——
DMJ PROPERTIES PERTH LTD→
SC828828 · est 2024 · no financials extracted
————1y——
DUPPLIN PROPERTIES LIMITED→
SC504547 · est 2015 · no financials extracted
————10y——
E M PROPERTIES (SCOTLAND) LTD→
SC851154 · est 2025 · no financials extracted
———————
ELEGENT PROPERTIES LTD→
SC844461 · est 2025 · no financials extracted
————1y——
ELMCLIFF LIMITED→
SC151114 · est 1994 · no financials extracted
————31y——
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
Incorporated1982-11-22
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

4 Kinnoull Street
Perth
PH1 5EN
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (4 active · 6 resigned)

CAMERON, Eleanor→
director · ~56y · appointed 2022-01-01
View their other companies + combined net worth →
Active
SIMPSON, Graeme Forbes→
director · ~55y · appointed 2020-01-01
View their other companies + combined net worth →
Active
SIMPSON, Kenneth→
director · ~80y
View their other companies + combined net worth →
Active
SIMPSON, Margaret Barbara→
director · ~80y · appointed 1995-02-16
View their other companies + combined net worth →
Active
A & R ROBERTSON & BLACK→
corporate-secretary · appointed 1990-10-01 · resigned 1998-05-05
Resigned
ANDERSON STRATHERN WS→
corporate-secretary · appointed 2000-03-02 · resigned 2007-11-26
Resigned
AS COMPANY SERVICES LIMITED→
corporate-secretary · appointed 2007-11-26 · resigned 2019-10-29
Resigned
HALL & COMPANY WRITERS TO THE SIGNET→
corporate-secretary · appointed 1998-05-05 · resigned 2000-03-02
Resigned
MESSRS J W WYLLIE & HENDERSON→
corporate-secretary · resigned 1990-10-01
Resigned
BELL, Alan William Smith→
director · ~80y · resigned 1990-10-01
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property26/10/199311/02/1997
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/09/1988—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property23/03/198419/07/1989
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property29/12/198208/07/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
appoint-person-director-company-with-name-date
officers · AP01
2022-02-22
appoint-person-director-company-with-name-date
officers · AP01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-29