BALDRAGON HOMES LIMITED
🌳Matureactive
SC132359 · ltd · incorporated 1991-06-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 40/100. Strong seller-intent signal (63/100, director aged 79). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Discharge stale live charges. 14 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: asset disposal / carve-out (55/100).
🏦
Refinance opportunity
21 live charges · 2 lenders · oldest 34.5y
40/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 34.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 60/100 (high).
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
21 charges (21/21 with lender, 21/21 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
58
Some moderate concerns — review 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 · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 500 | 500 |
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
- • 2 officers
Last 90 days
2
filings
- • 2 officers
Last 180 days
2
filings
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
- 2026-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-03-27➖NIVEN, John Higgins resignedsecretary
- 2026-03-27➖NIVEN, John Higgins resigneddirector
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-10-13➖NIVEN, Gerald resigneddirector
- 2007-10-22🔒Charge registered #24Lender: The Governor and Company of the Bank of Scotland
- 2007-09-03🔒Charge registered #23Lender: The Governor and Company of the Bank of Scotland
- 2007-07-11🔒Charge registered #22Lender: The Governor and Company of the Bank of Scotland
- 2007-07-03🔓Charge satisfied #20
- 2006-12-01🔒Charge registered #21Lender: The Governor and Company of the Bank of Scotland
- 2006-11-13🔒Charge registered #20Lender: The Governor and Company of the Bank of Scotland
- 2006-10-01➕NIVEN, Gerald appointeddirector
- 2005-06-23➖NIVEN, Gerald resigneddirector
- 2005-05-09🔒Charge registered #19Lender: The Governor and Company of the Bank of Scotland
- 2004-04-22🔒Charge registered #18Lender: The Governor and Company of the Bank of Scotland
- 2003-04-17🔒Charge registered #17Lender: The Governor and Company of the Bank of Scotland
- 2002-10-17🔒Charge registered #16Lender: The Governor and Company of the Bank of Scotland
- 2002-09-25🔒Charge registered #15Lender: The Governor and Company of the Bank of Scotland
- 2000-04-14🔒Charge registered #13Lender: The Governor and Company of the Bank of Scotland
- 1999-09-09🔒Charge registered #12Lender: The Governor and Company of the Bank of Scotland
- 1999-07-30➕NIVEN, Alison Jean appointeddirector
- 1999-02-28➕NIVEN, Marilyn Catherine appointeddirector
- 1999-02-28➕NIVEN, Gerald appointeddirector
- 1998-04-02🔓Charge satisfied #7
- 1998-04-02🔓Charge satisfied #5
- 1998-04-02🔓Charge satisfied #4
- 1998-04-02🔓Charge satisfied #3
- 1998-04-02🔓Charge satisfied #2
- 1997-06-20🔓Charge satisfied #1
- 1997-06-09🔒Charge registered #10Lender: The Governor and Company of the Bank of Scotland
- 1997-04-04🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 1996-10-10🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 1994-07-14🔒Charge registered #7Lender: Clydesdale Bank Public Limited Company
- 1993-08-06➖HIRD, Norman resigneddirector
- 1993-06-24🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
Showing most recent 50 of 64 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 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
3 med · 1 lowHas insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: NIVEN, John Higgins resigned 2026-03-27; NIVEN, John Higgins resigned 2026-03-27
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
14 live charges
lowHeavily 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 |
|---|---|---|---|---|
John Higgins Niven Individual · British · DOB 05/1946 · age 80 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
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 · Agriculture · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGRICO UK LIMITED→ SC183233 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| ANGUS ARBORISTS LTD→ SC876800 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANGUS FALCONRY SERVICES LTD→ SC496976 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ARBUCKLE SOFT FRUIT LIMITED→ SC223757 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ARC TREE SERVICES LIMITED→ SC804282 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCADIAN MARINE LTD→ SC596652 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| B & CC TAYLOR LIMITED→ SC841999 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BALBEUCHLEY LIMITED→ SC144457 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BELLSHELF FORFAR LIMITED→ SC361626 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BLACKFACE SIRE REFERENCE COMPANY→ SC180122 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| BLAR 'A CHAORUINN ESTATE LIMITED→ SC443459 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BMSB FISHING LIMITED→ SC799011 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1991-06-10
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
23 Pitempton Road
Dundee
Angus
DD3 9SZ
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27
Officers (4 active · 7 resigned)
NIVEN, Alison Jean→
Activedirector · ~56y · appointed 1999-07-30
View their other companies + combined net worth →
NIVEN, Mabel Virginia→
Activedirector · ~79y · appointed 1991-07-16
View their other companies + combined net worth →
NIVEN, Marilyn Catherine→
Activedirector · ~47y · appointed 1999-02-28
View their other companies + combined net worth →
NIVEN, Michael John→
Activedirector · ~56y · appointed 1991-07-16
View their other companies + combined net worth →
NIVEN, John Higgins→
Resignedsecretary · appointed 1991-07-16 · resigned 2026-03-27
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-06-10 · resigned 1991-07-16
HIRD, Norman→
Resigneddirector · ~69y · appointed 1991-07-16 · resigned 1993-08-06
NIVEN, Gerald→
Resigneddirector · ~52y · appointed 2006-10-01 · resigned 2010-10-13
NIVEN, Gerald→
Resigneddirector · ~52y · appointed 1999-02-28 · resigned 2005-06-23
NIVEN, John Higgins→
Resigneddirector · ~80y · appointed 1991-07-16 · resigned 2026-03-27
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1991-06-10 · resigned 1991-07-16
Click a director name to see their full track record across all companies.
Mortgages & charges
21
Total charges
14
Outstanding
1
Active lenders
Status:Lender:21 of 21 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/10/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 03/09/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/07/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/12/2006 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/11/2006 | 03/07/2007 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/05/2005 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/04/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/04/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/10/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/09/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/04/2000 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/09/1999 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/06/1997 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 04/04/1997 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 10/10/1996 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/07/1994 | 02/04/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/06/1993 | 02/04/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 23/01/1992 | 02/04/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/01/1992 | 02/04/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 2 properties | 16/01/1992 | 02/04/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 18/10/1991 | 20/06/1997 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (144 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-02
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-15