ABERFELDY DEVELOPMENT COMPANY LIMITED

🌳Matureactive

SC102604 · ltd · incorporated 1986-12-30

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 29.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 73-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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

14 live charges · 2 lenders · oldest 29.8y

50/100

clean up first

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

· Oldest live charge is 29.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

14 charges (14/14 with lender, 14/14 with type)

Directors & officers

9 officers (3 active, 9 linked, 3 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

141 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

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	2	200

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

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 (49 events)Click to expand

2025-11-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-01
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-04-01
📄
change-person-director-company-with-change-date
officers · CH01
2019-04-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-01
📄
change-person-director-company-with-change-date
officers · CH01
2019-04-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-04-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2013-06-06
🔒
Charge registered #14
Lender: Bank of Scotland PLC
2007-04-20
➖
MCLEAN, Brian Alexander resigned
director
2004-09-08
🔓
Charge satisfied #11
2004-09-08
🔓
Charge satisfied #7
2004-09-08
🔓
Charge satisfied #3
2004-06-25
🔓
Charge satisfied #4
2003-06-18
🔒
Charge registered #13
Lender: The Governor and Company of the Bank of Scotland
2003-06-03
🔓
Charge satisfied #10
2003-05-15
🔒
Charge registered #12
Lender: The Governor and Company of the Bank of Scotland
2002-01-24
🔒
Charge registered #11
Lender: The Governor and Company of the Bank of Scotland
2001-09-28
🔓
Charge satisfied #9
2001-09-28
🔓
Charge satisfied #8
2001-09-28
🔓
Charge satisfied #6
2001-09-12
🔒
Charge registered #10
Lender: The Governor and Company of the Bank of Scotland
2000-11-08
🔒
Charge registered #9
Lender: The Governor and Company of the Bank of Scotland
2000-08-02
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
2000-05-31
🔒
Charge registered #7
Lender: The Governor and Company of the Bank of Scotland
1999-12-03
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
1999-02-22
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1999-01-15
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
1997-07-01
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
1997-02-24
🔓
Charge satisfied #2
1996-07-05
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1996-06-24
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1996-03-04
➕
MCLEAN, Brian Alexander appointed
director
1991-02-14
➕
MONCRIEFF, Jennifer appointed
secretary
1991-02-14
➕
MONCRIEFF, Robert Keith appointed
director
1991-02-14
➖
GOW, Elizabeth Hester resigned
secretary
1991-02-14
➖
GOW, Elizabeth Bennet resigned
director
1991-02-14
➖
GOW, Elizabeth Hester resigned
director
1991-02-14
➖
GOW, John Robert resigned
director
1991-02-14
➖
GOW, Stephen John resigned
director
1986-12-30
🏢
Company incorporated
As ABERFELDY DEVELOPMENT COMPANY LIMITED

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

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 73 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 39 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 · 1 low

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.

5 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Keith Moncrieff Individual · British · DOB 07/1953 · age 73	25–50%	—	25-50% shares	01/01/2017

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

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
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 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	—	—
EMBDEN INVESTMENTS (1) LIMITED→ SC270101 · est 2004 · no financials extracted	—	—	—	—	21y	—	—

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

Incorporated1986-12-30

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

4 The Cruachan

Kenmore Street

Aberfeldy

PH15 2FN

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-15

Last: 2026-04-01

Officers (3 active · 6 resigned)

MONCRIEFF, Jennifer→

secretary · appointed 1991-02-14

View their other companies + combined net worth →

Active

MONCRIEFF, Jennifer→

director · ~68y

View their other companies + combined net worth →

Active

MONCRIEFF, Robert Keith→

director · ~73y · appointed 1991-02-14

View their other companies + combined net worth →

Active

GOW, Elizabeth Hester→

secretary · resigned 1991-02-14

Resigned

GOW, Elizabeth Bennet→

director · resigned 1991-02-14

Resigned

GOW, Elizabeth Hester→

director · resigned 1991-02-14

Resigned

GOW, John Robert→

director · resigned 1991-02-14

Resigned

GOW, Stephen John→

director · resigned 1991-02-14

Resigned

MCLEAN, Brian Alexander→

director · ~72y · appointed 1996-03-04 · resigned 2007-04-20

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:14 of 14 shown

		Type	Properties
outstanding	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	06/06/2013	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	18/06/2003	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	15/05/2003	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	24/01/2002	08/09/2004
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	12/09/2001	03/06/2003
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	08/11/2000	28/09/2001
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	02/08/2000	28/09/2001
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	31/05/2000	08/09/2004
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	03/12/1999	28/09/2001
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	22/02/1999	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	15/01/1999	25/06/2004
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	01/07/1997	08/09/2004
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	05/07/1996	24/02/1997
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	24/06/1996	—

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