CAPSTONE CONSTRUCTION SCOTLAND LIMITED
🌳Matureactive
SC224032 · ltd · incorporated 2001-10-09
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 41201Construction of commercial buildings
- 41202Construction of domestic buildings
- 43320Joinery installation
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
10 live charges · 7 lenders · oldest 24.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
17 officers (5 active, 17 linked, 11 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
28 connected companies via shared directors
90
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (70 events)Click to expand
- 2026-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2025-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-29➕FARMER, Gordon James appointedsecretary
- 2025-09-29➕FARMER, Gordon James appointeddirector
- 2025-09-29➖MACDONALD, James Donald resignedsecretary
- 2025-09-29➖MACDONALD, James Donald resigneddirector
- 2025-01-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-29➖HENDERSON, Iain Campbell resigneddirector
- 2024-02-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-25➕MACKENZIE, Jia Kelly appointeddirector
- 2024-01-17📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-21📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-09-05📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-05-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-05-24📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-24🔓Charge satisfied #8
- 2022-05-23🔓Charge satisfied #9
- 2022-05-19➕MACGREGOR, Roderick James appointeddirector
- 2022-05-19➕MACDONALD, James Donald appointedsecretary
- 2022-05-19➖LC SECRETARIES LIMITED resignedcorporate-secretary
- 2022-05-19➕HENDERSON, Iain Campbell appointeddirector
- 2022-05-19➕MACDONALD, James Donald appointeddirector
- 2022-05-19➖MURRAY, Dougal Hugh resigneddirector
- 2022-05-19🔒Charge registered #10Lender: Hsbc UK Bank PLC
- 2022-05-18➖BRUCE, Robert resigneddirector
- 2022-05-13➕DONNELLY, Rhona appointeddirector
- 2020-09-08➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2020-07-21🔓Charge satisfied #5
- 2020-07-21🔓Charge satisfied #3
- 2020-04-06➖FOX, Pauline resigneddirector
- 2018-05-08➕BRUCE, Robert appointeddirector
- 2018-01-26➖GRAY, Barbara Jane resignedsecretary
- 2018-01-26➖GRAY, Barbara Jane resigneddirector
- 2018-01-26➖GRAY, William Henderson resigneddirector
- 2017-05-08🔓Charge satisfied #7
- 2017-05-08🔓Charge satisfied #6
- 2014-05-21➕GRAY, Barbara Jane appointeddirector
- 2014-03-18🔒Charge registered #9Lender: Bank of Scotland PLC
Showing most recent 50 of 70 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MACDONALD, James Donald resigned 2025-09-29; MACDONALD, James Donald resigned 2025-09-29
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Capstone Construction Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Capstone Construction Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
CAPSTONE CONSTRUCTION SCOTLAND LIMITED
This company · SC224032
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Capstone Construction Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/10/2018 |
1 historic (ceased) PSC
- Mr William Henderson Grayceased 26/01/2018· 50-75% shares · 50-75% voting · board control
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 · Construction · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| G & A BARNIE GROUP LIMITED→ SC265415 · est 2004 | £5.89M £4.21M–£7.58M | — | — | 426 | 22y | 84 | 68y |
| G.F. JOB LIMITED→ SC135278 · est 1991 | £5.10M £3.64M–£6.56M | — | — | 65 | 34y | 88 | 75y |
| HIGHLAND METALS LIMITED→ SC061436 · est 1976 | £3.87M £2.77M–£4.98M | — | — | 35 | 49y | 88 | 71y |
| CRANLOCH LIMITED→ SC237023 · est 2002 | — | — | £10.4k | — | 23y | 83 | 68y |
| DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED→ SC227618 · est 2002 | — | — | £2.04M | — | 24y | 83 | 65y |
| SHAKK ENGINEERING LTD→ SC681119 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SMARTECH ELECTRICAL LTD→ SC672333 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SPENCE & GRANT LIMITED→ SC083508 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| ST BUILDING SERVICES (FORRES) LIMITED→ SC358458 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| T.GRAY GROUNDWORKS LTD→ SC655521 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| TARRADALE STONE LIMITED→ SC333210 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| W.M. COPE & SON LIMITED→ SC333508 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated2001-10-09
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
13 Henderson Road
Inverness
IV1 1SN
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (5 active · 12 resigned)
FARMER, Gordon James→
Activesecretary · appointed 2025-09-29
View their other companies + combined net worth →
DONNELLY, Rhona→
Activedirector · ~58y · appointed 2022-05-13
View their other companies + combined net worth →
FARMER, Gordon James→
Activedirector · ~45y · appointed 2025-09-29
View their other companies + combined net worth →
MACGREGOR, Roderick James→
Activedirector · ~74y · appointed 2022-05-19
View their other companies + combined net worth →
MACKENZIE, Jia Kelly→
Activedirector · ~43y · appointed 2024-01-25
View their other companies + combined net worth →
GRAY, Barbara Jane→
Resignedsecretary · appointed 2001-10-09 · resigned 2018-01-26
MACDONALD, James Donald→
Resignedsecretary · appointed 2022-05-19 · resigned 2025-09-29
LC SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2020-09-08 · resigned 2022-05-19
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-10-09 · resigned 2001-10-09
BRUCE, Robert→
Resigneddirector · ~72y · appointed 2018-05-08 · resigned 2022-05-18
FOX, Pauline→
Resigneddirector · ~49y · appointed 2013-07-01 · resigned 2020-04-06
GRAY, Barbara Jane→
Resigneddirector · ~61y · appointed 2014-05-21 · resigned 2018-01-26
GRAY, William Henderson→
Resigneddirector · ~59y · appointed 2001-10-09 · resigned 2018-01-26
HENDERSON, Iain Campbell→
Resigneddirector · ~59y · appointed 2022-05-19 · resigned 2024-05-29
MACDONALD, James Donald→
Resigneddirector · ~62y · appointed 2022-05-19 · resigned 2025-09-29
MURRAY, Dougal Hugh→
Resigneddirector · ~61y · appointed 2014-02-01 · resigned 2022-05-19
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-10-09 · resigned 2001-10-09
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
1
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 19/05/2022 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 18/03/2014 | 23/05/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 15/10/2013 | 24/05/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 21/11/2011 | 08/05/2017 | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 11/11/2011 | 08/05/2017 | |
| satisfied | The Highland Council | Standard security | 1 property | 19/10/2010 | 21/07/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/04/2007 | 03/08/2010 | |
| satisfied | Jan Dirk Groot | Standard security | 1 property | 06/04/2007 | 21/07/2020 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 08/03/2006 | 16/11/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 27/11/2001 | 18/11/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (121 total)
accounts-with-accounts-type-full
accounts · AA
2026-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
appoint-person-director-company-with-name-date
officers · AP01
2025-09-30
termination-director-company-with-name-termination-date
officers · TM01
2025-09-30
appoint-person-secretary-company-with-name-date
officers · AP03
2025-09-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-30
accounts-with-accounts-type-full
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
termination-director-company-with-name-termination-date
officers · TM01
2024-07-04
appoint-person-director-company-with-name-date
officers · AP01
2024-02-15
accounts-with-accounts-type-full
accounts · AA
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-10-20
change-account-reference-date-company-current-extended
accounts · AA01
2022-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-16