ALGROVE DEVELOPMENTS (SCOTLAND) LTD.

🌳Matureactive
SC212429 · ltd · incorporated 2000-10-30
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 steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.0y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Mar 2025
Net worth
—
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
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.0y

70/100
ready

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-02-11
    ➕
    MARSHALL, Kenneth Peter appointed
    director
  9. 2022-02-11
    ➖
    MARSHALL, Irene Jean Geddes resigned
    secretary
  10. 2022-02-11
    ➖
    MARSHALL, Irene Jean Geddes resigned
    director
  11. 2022-02-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-02-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2021-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-12-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2017-12-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2017-12-22
    🔓
    Charge satisfied #2
  21. 2017-12-22
    🔓
    Charge satisfied #1
  22. 2010-01-06
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  23. 2004-05-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2000-11-17
    ➕
    MARSHALL, William Duncan appointed
    director
  25. 2000-11-17
    ➕
    MARSHALL, Irene Jean Geddes appointed
    secretary
  26. 2000-11-17
    ➕
    MARSHALL, Irene Jean Geddes appointed
    director
  27. 2000-10-30
    🏢
    Company incorporated
    As ALGROVE DEVELOPMENTS (SCOTLAND) LTD.
  28. 2000-10-30
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  29. 2000-10-30
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  30. 2000-10-30
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  31. 2000-10-30
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  32. 2000-10-30
    ➕
    PETER TRAINER COMPANY SERVICES LTD. appointed
    corporate-nominee-director
  33. 2000-10-30
    ➖
    PETER TRAINER COMPANY SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MARSHALL, Kenneth Peter (same surname) appointed 2022-02-11. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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.)

Group structure

D M Associates (Scotland) Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
D M Associates (Scotland) Ltd.
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ALGROVE DEVELOPMENTS (SCOTLAND) LTD.
This company · SC212429

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
D M Associates (Scotland) Ltd.
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2000-10-30
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

108 Abbot Road
Stirling
FK7 7UH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (2 active · 5 resigned)

MARSHALL, Kenneth Peter→
director · ~50y · appointed 2022-02-11
View their other companies + combined net worth →
Active
MARSHALL, William Duncan→
director · ~81y · appointed 2000-11-17
View their other companies + combined net worth →
Active
MARSHALL, Irene Jean Geddes→
secretary · appointed 2000-11-17 · resigned 2022-02-11
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2000-10-30 · resigned 2000-10-30
Resigned
MARSHALL, Irene Jean Geddes→
director · ~81y · appointed 2000-11-17 · resigned 2022-02-11
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2000-10-30 · resigned 2000-10-30
Resigned
PETER TRAINER COMPANY SERVICES LTD.→
corporate-nominee-director · appointed 2000-10-30 · resigned 2000-10-30
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
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property06/01/201022/12/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property22/05/200422/12/2017

Recent filings (84 total)

change-person-director-company-with-change-date
officers · CH01
2025-10-31
change-person-director-company-with-change-date
officers · CH01
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-07
termination-director-company-with-name-termination-date
officers · TM01
2022-02-11
appoint-person-director-company-with-name-date
officers · AP01
2022-02-11
termination-secretary-company-with-name-termination-date
officers · TM02
2022-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-04