BONNINGTON INVESTMENTS LIMITED

🌳Matureactive
SC224089 · 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.
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
79/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 · accounting standard unknown
Metric2025-03-312024-03-31

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-12-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-11-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-10-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-10-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-11-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2008-01-29
    🔓
    Charge satisfied #1
  17. 2007-12-18
    🔓
    Charge satisfied #6
  18. 2007-12-18
    🔓
    Charge satisfied #4
  19. 2007-12-18
    🔓
    Charge satisfied #5
  20. 2007-12-18
    🔓
    Charge satisfied #3
  21. 2007-12-18
    🔓
    Charge satisfied #2
  22. 2005-12-01
    ➕
    MACPHERSON, Nicola Sarah Jane appointed
    director
  23. 2004-12-31
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Scotland PLC
  24. 2004-09-13
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Scotland PLC
  25. 2004-09-10
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  26. 2004-08-30
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  27. 2004-07-19
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Scotland PLC
  28. 2004-05-24
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  29. 2004-03-15
    ➕
    FARQUHARSON, Linda Mary appointed
    secretary
  30. 2004-03-15
    ➖
    GILLESPIE MACANDREW WS resigned
    corporate-secretary
  31. 2001-10-24
    ➕
    MACPHERSON, Gordon Murray appointed
    director
  32. 2001-10-24
    ➕
    GILLESPIE MACANDREW WS appointed
    corporate-secretary
  33. 2001-10-24
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 2001-10-24
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  35. 2001-10-09
    🏢
    Company incorporated
    As BONNINGTON INVESTMENTS LIMITED
  36. 2001-10-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  37. 2001-10-09
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    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 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 78 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gordon Macpherson
Individual · British · DOB 06/1948 · age 78
75–100%
—75-100% 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
Incorporated2001-10-09
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

5 Traprain Terrace
Haddington
East Lothian
EH41 3QD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (3 active · 3 resigned)

FARQUHARSON, Linda Mary→
secretary · appointed 2004-03-15
View their other companies + combined net worth →
Active
MACPHERSON, Gordon Murray→
director · ~78y · appointed 2001-10-24
View their other companies + combined net worth →
Active
MACPHERSON, Nicola Sarah Jane→
director · ~49y · appointed 2005-12-01
View their other companies + combined net worth →
Active
GILLESPIE MACANDREW WS→
corporate-secretary · appointed 2001-10-24 · resigned 2004-03-15
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2001-10-09 · resigned 2001-10-24
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2001-10-09 · resigned 2001-10-24
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property31/12/200418/12/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property13/09/200418/12/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Standard security1 property10/09/200418/12/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Standard security2 properties30/08/200418/12/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property19/07/200418/12/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property24/05/200429/01/2008

Recent filings (82 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-28