BARN PROPERTIES LIMITED
💤Zombieactive
SC083305 · ltd · incorporated 1983-05-31
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£768.3k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -90% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
13 live charges · 2 lenders · oldest 42.4y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 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
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £768,250
Net assets shrinking
Down £68,049 YoY
Cash draining
Cash down 90% YoY
Cash YoY
-90%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£10k
↓ 90% YoY
Net Worth
£768k
↓ 8.1% YoY
Current Assets
£22k
↓ 80% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £768.3k | £836.3k |
| Current assets | £22.1k | £112.8k |
| Cash | £10.3k | £101.4k |
| Net assets | £768.3k | £836.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
2
filings
- • 1 officers
- • 1 address
Last 90 days
3
filings
- • 1 officers
- • 1 address
- • 1 accounts
Last 180 days
3
filings
- • 1 officers
- • 1 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-21➖BARN, David Alexander resigneddirector
- 2026-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-25🔓Charge satisfied #2
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-13🔓Charge satisfied #9
- 2024-05-13🔓Charge satisfied #8
- 2024-05-13🔓Charge satisfied #7
- 2024-05-13🔓Charge satisfied #4
- 2024-05-13🔓Charge satisfied #6
- 2024-05-13🔓Charge satisfied #3
- 2024-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-24➕BARN, David Scott appointeddirector
- 2023-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 1993-04-07🔒Charge registered #13Lender: Clydesdale Bank Public Limited Company
- 1993-03-25🔒Charge registered #12Lender: Clydesdale Bank Public Limited Company
- 1992-07-22🔒Charge registered #11Lender: Clydesdale Bank Public Limited Company
- 1992-07-22🔒Charge registered #10Lender: Clydesdale Bank Public Limited Company
- 1988-11-09🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 1988-01-22🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 1985-05-20🔒Charge registered #7Lender: The Governor and Company of the Bank of Scotland
- 1984-08-13🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1984-08-13🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1984-08-06🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1984-06-22🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1983-12-20🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1983-12-06🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1983-05-31🏢Company incorporatedAs BARN PROPERTIES LIMITED
Owner dependency
90/100
Critical — business is the founderThe 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 "BARN" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome 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 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Alexander Barn Individual · British · DOB 12/1947 · age 79 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 16/07/2016 |
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 · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROOMWELL LIMITED→ SC044342 · est 1967 · no financials extracted | — | — | — | — | 59y | — | — |
| BUSTER BARS LTD→ SC785998 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CALEDONIAN GREENER HOMES CONSULTANCY LTD→ SC655522 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CAMOCEAN LIMITED→ SC413441 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CARGILL'S PROPERTY INVESTMENTS LTD→ SC781710 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CEILING DECOR LIMITED→ SC100073 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| CELTIC PROPERTY GUILD LTD→ SC781185 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CEOL NA MARA INVESTMENTS LIMITED→ SC252979 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| CERBS PROPERTIES LTD→ SC717783 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CF PROPERTY ENTERPRISE LTD→ SC809259 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CGM PROPERTY SERVICES LTD→ SC597949 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CGT PROPERTIES (SCOTLAND) LIMITED→ SC812177 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1983-05-31
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
11 Brunel Road
Wester Gourdie Industrial Estate
Dundee
DD2 4TG
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09
Officers (2 active · 1 resigned)
Active
BARN, David Scott→
Activedirector · ~56y · appointed 2023-08-24
View their other companies + combined net worth →
BARN, David Alexander→
Resigneddirector · ~79y · resigned 2026-03-21
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
6
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/04/1993 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 25/03/1993 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/07/1992 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/07/1992 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/11/1988 | 13/05/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/01/1988 | 13/05/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/05/1985 | 13/05/2024 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/08/1984 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/08/1984 | 13/05/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/08/1984 | 13/05/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/06/1984 | 13/05/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/12/1983 | 25/09/2024 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/12/1983 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (107 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-11
appoint-person-director-company-with-name-date
officers · AP01
2023-08-28