BERMAR PROPERTIES (SCOTLAND) LIMITED

🌳Matureactive
SC162059 · ltd · incorporated 1995-12-07
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window opening · medium confidence
More negotiable than before — 1 signals weakening over the last 30 days.
  • · Refinance opportunity: ready → under_pressure
What changed my view
Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

  • ↓Refinance opportunity: ready → under_pressure
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2026
Net worth
£1.34M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 86-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -65% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 30.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 30.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (89/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
86 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,335,080
Net assets shrinking
Down £34,983 YoY
Cash draining
Cash down 65% YoY
Cash YoY
-65%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£1k
↓ 65% YoY
Net Worth
£1.3m
↓ 2.6% YoY
Current Assets
£529k
↓ 14% YoY
Current Liabilities
—
£0£274k£548k£822k£1.1m£1.4mJan 2024Jan 2025Jan 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-01-312025-01-312024-01-31
Total assets£1.34M£1.37M£522.4k
Current assets£528.5k£616.7k£568.4k
Cash£1.1k£3.0k£1.1k
Debtors£527.5k£613.7k£567.4k
Net assets£1.34M£1.37M£522.4k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-07-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-08-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-12-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-08-22
    ➖
    GREER, Robert resigned
    director
  17. 2013-07-26
    🔓
    Charge satisfied #2
  18. 2013-07-26
    🔓
    Charge satisfied #1
  19. 1996-03-07
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  20. 1996-02-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  21. 1995-12-07
    🏢
    Company incorporated
    As BERMAR PROPERTIES (SCOTLAND) LIMITED
  22. 1995-12-07
    ➕
    GREER, Robert Mcdowell appointed
    secretary
  23. 1995-12-07
    ➕
    GREER, David Mcewan appointed
    director
  24. 1995-12-07
    ➕
    GREER, Margaret Richmond appointed
    director
  25. 1995-12-07
    ➕
    GREER, Robert Mcdowell appointed
    director
  26. 1995-12-07
    ➕
    REID, Brian appointed
    nominee-secretary
  27. 1995-12-07
    ➖
    REID, Brian resigned
    nominee-secretary
  28. 1995-12-07
    ➕
    GREER, Robert appointed
    director
  29. 1995-12-07
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  30. 1995-12-07
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 86 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Robert Mcdowell Greer
Individual · British · DOB 07/1940 · age 86
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated1995-12-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Unit 30 Coatbank Way
Coatbridge
ML5 3AG
Scotland

Filing status

Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (4 active · 3 resigned)

GREER, Robert Mcdowell→
secretary · appointed 1995-12-07
View their other companies + combined net worth →
Active
GREER, David Mcewan→
director · ~58y · appointed 1995-12-07
View their other companies + combined net worth →
Active
GREER, Margaret Richmond→
director · ~85y · appointed 1995-12-07
View their other companies + combined net worth →
Active
GREER, Robert Mcdowell→
director · ~86y · appointed 1995-12-07
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1995-12-07 · resigned 1995-12-07
Resigned
GREER, Robert→
director · ~61y · appointed 1995-12-07 · resigned 2013-08-22
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1995-12-07 · resigned 1995-12-07
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 Public Limited Company
Standard security1 property07/03/199626/07/2013
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/02/199626/07/2013

Recent filings (86 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-05