LINDEMANN PROPERTIES LIMITED

🌳Matureactive
SC155229 · ltd · incorporated 1995-01-04
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other residential care activities n.e.c.
Sector: Human health & social work
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: high (83/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (5 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
114 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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review 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
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees1400013900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
11
filings
  • 8 officers
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2026-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-12-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-12-08
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  8. 2025-12-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-11-28
    TARGET FUND MANAGERS LIMITED appointed
    corporate-secretary
  10. 2025-11-28
    BROWN, Andrew Stewart appointed
    director
  11. 2025-11-28
    FLANNELLY, John Marcus appointed
    director
  12. 2025-11-28
    MACKENZIE, James Kenneth appointed
    director
  13. 2025-11-28
    MACKENZIE, Kenneth Macangus appointed
    director
  14. 2025-11-28
    BLACK, Sean resigned
    director
  15. 2025-11-12
    BLACK, Susan resigned
    secretary
  16. 2025-11-12
    BLACK, Susan resigned
    director
  17. 2025-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2025-11-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2025-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2025-04-24
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  21. 2025-02-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  22. 2024-11-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  23. 2024-11-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2024-05-22
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  25. 2023-06-05
    📄
    accounts-with-accounts-type-group
    accounts · AA
  26. 2022-08-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  27. 2021-06-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  28. 2019-03-22
    BLACK, Jody resigned
    director
  29. 2016-01-21
    🔓
    Charge satisfied #2
  30. 2014-12-05
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  31. 2014-11-27
    🔓
    Charge satisfied #1
  32. 2011-03-23
    BLACK, Jody appointed
    director
  33. 2007-01-12
    BLACK, Jody resigned
    director
  34. 2007-01-12
    BLACK, Susan appointed
    director
  35. 2006-06-23
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  36. 2006-05-01
    BLACK, Jody appointed
    director
  37. 2006-05-01
    BLACK, Ronald Rutherford resigned
    director
  38. 2006-05-01
    BLACK, Sean appointed
    director
  39. 1995-01-04
    🏢
    Company incorporated
    As LINDEMANN PROPERTIES LIMITED
  40. 1995-01-04
    BLACK, Susan appointed
    secretary
  41. 1995-01-04
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  42. 1995-01-04
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  43. 1995-01-04
    BLACK, Ronald Rutherford appointed
    director
  44. 1995-01-04
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  45. 1995-01-04
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

63/100
High — earn-out structure required

Material 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.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MACKENZIE, James Kenneth (same surname) appointed 2025-11-28. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.

Red flags

2 med · 1 low
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BLACK, Susan resigned 2025-11-12; BLACK, Sean resigned 2025-11-28; BLACK, Susan resigned 2025-11-12

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-02-26: certificate-change-of-name-company

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Tdi Care Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tdi Care Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
LINDEMANN PROPERTIES LIMITED
This company · SC155229

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Tdi Care Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/10/2024
3 historic (ceased) PSCs
  • Mr Sean Blackceased 29/10/2024· 75-100% shares · 75-100% voting · board control
  • Mr Jody Blackceased 22/03/2019· 25-50% shares · 25-50% voting
  • Mr Ronald Rutherford Blackceased 22/03/2019· 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 →

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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
Incorporated1995-01-04
Jurisdictionscotland
Primary SIC87900 — Other residential care activities n.e.c.

Registered office

First Floor Glendevon House
Castle Business Park
Stirling
FK9 4TZ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-15
Last: 2026-01-01

Officers (5 active · 8 resigned)

TARGET FUND MANAGERS LIMITED
corporate-secretary · appointed 2025-11-28
View their other companies + combined net worth →
Active
BROWN, Andrew Stewart
director · ~61y · appointed 2025-11-28
View their other companies + combined net worth →
Active
FLANNELLY, John Marcus
director · ~51y · appointed 2025-11-28
View their other companies + combined net worth →
Active
MACKENZIE, James Kenneth
director · ~48y · appointed 2025-11-28
View their other companies + combined net worth →
Active
MACKENZIE, Kenneth Macangus
director · ~76y · appointed 2025-11-28
View their other companies + combined net worth →
Active
BLACK, Susan
secretary · appointed 1995-01-04 · resigned 2025-11-12
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1995-01-04 · resigned 1995-01-04
Resigned
BLACK, Jody
director · ~42y · appointed 2011-03-23 · resigned 2019-03-22
Resigned
BLACK, Jody
director · ~42y · appointed 2006-05-01 · resigned 2007-01-12
Resigned
BLACK, Ronald Rutherford
director · ~69y · appointed 1995-01-04 · resigned 2006-05-01
Resigned
BLACK, Sean
director · ~44y · appointed 2006-05-01 · resigned 2025-11-28
Resigned
BLACK, Susan
director · ~68y · appointed 2007-01-12 · resigned 2025-11-12
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1995-01-04 · resigned 1995-01-04
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge05/12/201421/01/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property23/06/200627/11/2014

Recent filings (114 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
termination-director-company-with-name-termination-date
officers · TM01
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-12-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-08
termination-director-company-with-name-termination-date
officers · TM01
2025-11-12
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-16
accounts-with-accounts-type-medium
accounts · AA
2025-04-24
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-15