ELMCLIFF LIMITED
🌳Matureactive
SC151114 · ltd · incorporated 1994-05-31
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 17.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£316.0k
book net assets
Opportunity
65/100
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 65/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 8 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
10 live charges · oldest 17.1y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 17.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 48/100 (high).
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
110 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
65/100Strong
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
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £315,986
Net assets shrinking
Down £91,831 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£316k
↓ 23% YoY
Current Assets
£389k
↓ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £318.0k | £409.9k |
| Current assets | £388.8k | £457.9k |
| Net assets | £316.0k | £407.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2025-09-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-31➕HAMILTON, Vivienne appointeddirector
- 2025-07-31➕MCCOWAN, Andrea Mary Frances appointeddirector
- 2025-07-31➖FINLAY, Brian James resigneddirector
- 2025-07-31➖STEPHEN, Dale Mckenzie resigneddirector
- 2025-03-28➖WEBSTER, John Finlay resignedsecretary
- 2025-03-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-25➖STEPHEN, John Stewart resigneddirector
- 2021-08-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-06-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-24➖STEPHEN, Derek Methven resigneddirector
- 2016-07-16🔓Charge satisfied #4
- 2016-02-25🔓Charge satisfied #1
- 2009-09-03🔒Charge registered #10Lender: Royal Bank of Scotland PLC
- 2009-05-19🔒Charge registered #9Lender: Royal Bank of Scotland PLC
- 2009-05-08🔒Charge registered #8Lender: Royal Bank of Scotland PLC
- 2009-04-22🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2009-04-16🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2009-04-15🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2009-04-15🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2009-04-15🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2009-04-15🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2009-03-30🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2005-09-29➖GALBRAITH, John Joseph resignedsecretary
- 2005-09-29➕WEBSTER, John Finlay appointedsecretary
- 2002-03-11➕FINLAY, Brian James appointeddirector
- 2002-03-11➖FINLAY, Lorna Anne resigneddirector
- 1994-11-10➖STEPHEN, Derek Methven resignedsecretary
- 1994-06-16➕GALBRAITH, John Joseph appointedsecretary
- 1994-06-10➕STEPHEN, Derek Methven appointedsecretary
- 1994-06-10➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1994-06-10➕FINLAY, Lorna Anne appointeddirector
- 1994-06-10➕STEPHEN, Dale Mckenzie appointeddirector
- 1994-06-10➕STEPHEN, Derek Methven appointeddirector
- 1994-06-10➕STEPHEN, John Stewart appointeddirector
- 1994-06-10➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Showing most recent 50 of 53 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med · 1 low2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: FINLAY, Brian James resigned 2025-07-31; STEPHEN, Dale Mckenzie resigned 2025-07-31
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
8 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 |
|---|---|---|---|---|
Mrs Andrea Mary Frances Mccowan Individual · British · DOB 09/1982 · age 44 | — | — | sig. influencesignificant influence | 31/07/2025 |
Mrs Vivienne Hamilton Individual · British · DOB 02/1978 · age 48 | — | — | sig. influencesignificant influence | 31/07/2025 |
2 historic (ceased) PSCs
- Mr Brian James Finlayceased 31/07/2025· significant influence
- Mr Derek Methven Stephenceased 24/09/2018· significant influence
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLENAPPIN LIMITED→ SC063313 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GLENCARSE LIMITED→ SC300878 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| GLENDEVON CONSTRUCTION LIMITED→ SC058643 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| GLENFARG REAL ESTATE LIMITED→ SC385859 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GLENGASK LIMITED→ SC055519 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| GRAMPIAN ESTATES LIMITED→ SC491511 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GRANT ESTATE AND LETTING LTD→ SC878472 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GROAN LTD→ SC803085 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HAB PROPERTIES LTD→ SC722666 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HALLOS CHOICE UK LTD→ SC826222 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HARLEY RESIDENTIAL LIMITED→ SC702731 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HARRIS RESIDENTIAL LETTINGS LTD→ SC862712 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1994-05-31
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Stephen House
Edinburgh Road
Perth
PH2 8BS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31
Officers (2 active · 10 resigned)
HAMILTON, Vivienne→
Activedirector · ~48y · appointed 2025-07-31
View their other companies + combined net worth →
MCCOWAN, Andrea Mary Frances→
Activedirector · ~44y · appointed 2025-07-31
View their other companies + combined net worth →
GALBRAITH, John Joseph→
Resignedsecretary · appointed 1994-06-16 · resigned 2005-09-29
STEPHEN, Derek Methven→
Resignedsecretary · appointed 1994-06-10 · resigned 1994-11-10
WEBSTER, John Finlay→
Resignedsecretary · appointed 2005-09-29 · resigned 2025-03-28
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-05-31 · resigned 1994-06-10
FINLAY, Brian James→
Resigneddirector · ~74y · appointed 2002-03-11 · resigned 2025-07-31
FINLAY, Lorna Anne→
Resigneddirector · ~74y · appointed 1994-06-10 · resigned 2002-03-11
STEPHEN, Dale Mckenzie→
Resigneddirector · ~74y · appointed 1994-06-10 · resigned 2025-07-31
STEPHEN, Derek Methven→
Resigneddirector · ~78y · appointed 1994-06-10 · resigned 2018-09-24
STEPHEN, John Stewart→
Resigneddirector · ~84y · appointed 1994-06-10 · resigned 2021-08-25
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1994-05-31 · resigned 1994-06-10
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
8
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 03/09/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 19/05/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 08/05/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 22/04/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 16/04/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/04/2009 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/04/2009 | 16/07/2016 | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/04/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 15/04/2009 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 30/03/2009 | 25/02/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-23
appoint-person-director-company-with-name-date
officers · AP01
2025-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-20
termination-director-company-with-name-termination-date
officers · TM01
2025-08-20
appoint-person-director-company-with-name-date
officers · AP01
2025-08-20
termination-director-company-with-name-termination-date
officers · TM01
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20