AIRD PROPERTIES LIMITED
🌳Matureactive
SC181337 · ltd · incorporated 1997-12-08
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 25.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£368.3k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 25.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 25.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
101 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
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £368,314
Net assets shrinking
Down £7,489 YoY
Cash YoY
-5%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£131k
↓ 5.2% YoY
Net Worth
£368k
↓ 2.0% YoY
Current Assets
—
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 |
|---|---|---|
| Cash | £131.4k | £138.6k |
| Net assets | £368.3k | £375.8k |
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
4
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
5
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-03-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-17📄gazette-notice-compulsorygazette · GAZ1
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-03➖BAYNE-JARDINE, Lois Helen resignedsecretary
- 2020-12-03➖BAYNE-JARDINE, Lois Helen resigneddirector
- 2020-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-12-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-02➕DUNN, Kate Jane appointeddirector
- 2020-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-17➖DUNN, John resigneddirector
- 2018-02-06🔓Charge satisfied #2
- 2013-12-10➕BAYNE-JARDINE, Lois Helen appointedsecretary
- 2013-12-10➕BAYNE-JARDINE, Lois Helen appointeddirector
- 2013-10-17➖DUNN, Alexandrina resignedsecretary
- 2013-10-17➖DUNN, Alexandrina resigneddirector
- 2008-01-24🔒Charge registered #2Lender: Adam & Company PLC
- 2003-08-22➕DUNN, Jonathan Andrew Alexander appointeddirector
- 2001-03-23🔒Charge registered #1Lender: Adam & Company PLC
- 1997-12-17➕DUNN, Alexandrina appointedsecretary
- 1997-12-17➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1997-12-17➕DUNN, Alexandrina appointeddirector
- 1997-12-17➕DUNN, John appointeddirector
- 1997-12-17➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1997-12-08🏢Company incorporatedAs AIRD PROPERTIES LIMITED
- 1997-12-08➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1997-12-08➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jonathan Andrew Alexander Dunn Individual · Scottish · DOB 03/1976 · age 50 | 25–50% | — | 25-50% shares | 17/03/2020 |
1 historic (ceased) PSC
- Mr Jonathan Andrew Alexander Dunnceased 01/12/2024· 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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKM LETTINGS LTD→ SC873885 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL05MAC LTD→ SC475347 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALBANY BUSINESS CENTRES LIMITED→ SC096020 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| ALBANY PROPERTY INVESTMENTS LIMITED→ SC173314 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| ALEXANDER PROPERTIES GROUP LTD.→ SC883418 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALEXANDER PROPERTY RENTALS LIMITED→ SC856845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALFRED STEWART PROPERTIES LIMITED→ SC055625 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| ALFRED STEWART PROPERTY FOUNDATION LIMITED→ SC363663 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALLAHKAYE LTD→ SC805805 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLAN & HAMILTON PROPERTIES LIMITED→ SC683772 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLAN PANTHERA PROPERTIES LIMITED→ SC669520 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLANDALE DEVELOPMENTS LIMITED→ SC664724 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1997-12-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Lismore
211 Colinton Road
Edinburgh
EH14 1BJ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08
Officers (2 active · 7 resigned)
DUNN, Jonathan Andrew Alexander→
Activedirector · ~50y · appointed 2003-08-22
View their other companies + combined net worth →
DUNN, Kate Jane→
Activedirector · ~50y · appointed 2020-12-02
View their other companies + combined net worth →
BAYNE-JARDINE, Lois Helen→
Resignedsecretary · appointed 2013-12-10 · resigned 2020-12-03
DUNN, Alexandrina→
Resignedsecretary · appointed 1997-12-17 · resigned 2013-10-17
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-12-08 · resigned 1997-12-17
BAYNE-JARDINE, Lois Helen→
Resigneddirector · ~58y · appointed 2013-12-10 · resigned 2020-12-03
DUNN, Alexandrina→
Resigneddirector · ~83y · appointed 1997-12-17 · resigned 2013-10-17
DUNN, John→
Resigneddirector · ~85y · appointed 1997-12-17 · resigned 2020-03-17
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1997-12-08 · resigned 1997-12-17
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Adam & Company Adam & Company PLC | Standard security | 1 property | 24/01/2008 | 06/02/2018 | |
| outstanding | Adam & Company Adam & Company PLC | Legal charge | 1 property | 23/03/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-23
gazette-notice-compulsory
gazette · GAZ1
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22