BUNCHREW ESTATE COMPANY LIMITED
🌳Matureactive
SC115393 · ltd · incorporated 1988-12-28
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 36.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 71). 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
6 live charges · 2 lenders · oldest 36.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 36.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — 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
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Average employees | 31 | 2800 |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-21🔓Charge satisfied #5
- 2025-09-30🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2024-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-09🔒Charge registered #5Lender: The Royal Bank of Scotland (SC83026)
- 2021-11-05➕KIDD, Camilla Rosemary appointeddirector
- 2021-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-04➖JOHNSON, Louise Christabel resigneddirector
- 2021-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-10-06➕JOHNSON, Jethro Sandy appointeddirector
- 2012-11-27➖FRASER-MACKENZIE, Simon Ord resignedsecretary
- 2012-11-27➖FRASER-MACKENZIE, Simon Ord resigneddirector
- 1999-08-28➕JOHNSON, Louise Christabel appointeddirector
- 1997-08-15🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1996-10-30🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1991-05-26➖FRASER-MACKENZIE, Hazel resigneddirector
- 1989-08-07🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1989-07-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1988-12-28🏢Company incorporatedAs BUNCHREW ESTATE COMPANY LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 37 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 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leopold Thomas Fraser-Mackenzie Individual · British · DOB 03/1955 · age 71 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Simon Ord Fraser-Mackenzie Individual · British · DOB 03/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| DAWN HOMES (RESIDENTIAL) LIMITED→ SC545431 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DELLICUTS LIMITED→ SC408554 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| DICKENS CAPITAL COMPANY LTD→ SC093092 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| DOWNIE PROPERTIES LIMITED→ SC136377 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| DRUMSMITTAL PROPERTIES LIMITED→ SC145579 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
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
Incorporated1988-12-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Redwood
19 Culduthel Road
Inverness
IV2 4AA
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (3 active · 4 resigned)
Active
JOHNSON, Jethro Sandy→
Activedirector · ~45y · appointed 2013-10-06
View their other companies + combined net worth →
KIDD, Camilla Rosemary→
Activedirector · ~47y · appointed 2021-11-05
View their other companies + combined net worth →
FRASER-MACKENZIE, Simon Ord→
Resignedsecretary · resigned 2012-11-27
FRASER-MACKENZIE, Hazel→
Resigneddirector · ~95y · resigned 1991-05-26
FRASER-MACKENZIE, Simon Ord→
Resigneddirector · ~71y · resigned 2012-11-27
JOHNSON, Louise Christabel→
Resigneddirector · ~74y · appointed 1999-08-28 · resigned 2021-11-04
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 30/09/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland (SC83026) | A registered charge | 1 property | 09/03/2022 | 21/10/2025 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 15/08/1997 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/10/1996 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/08/1989 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/07/1989 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (121 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-16
appoint-person-director-company-with-name-date
officers · AP01
2021-11-05
termination-director-company-with-name-termination-date
officers · TM01
2021-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21