ANDSTRAT (NO. 144) LIMITED

🌳Matureactive
SC226030 · ltd · incorporated 2001-12-05
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£51.8k
book net assets
Opportunity
80/100
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 89-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 89). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
66 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
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £51,814

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£52k
~ YoY
Current Assets
Current Liabilities
£0£10k£21k£31k£41k£52kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£51.8k£51.8k
Debtors£122.4k£122.4k
Net assets£51.8k£51.8k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2023-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-06-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2021-06-29
    AS COMPANY SERVICES LIMITED resigned
    corporate-secretary
  10. 2021-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-12-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-08-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2007-11-26
    ANDERSON STRATHERN WS resigned
    corporate-nominee-secretary
  18. 2007-11-26
    AS COMPANY SERVICES LIMITED appointed
    corporate-secretary
  19. 2002-03-27
    SHAND, George appointed
    director
  20. 2002-03-27
    SHAND, Ian Mckenzie appointed
    director
  21. 2002-03-27
    BROWN, Simon Thomas David resigned
    director
  22. 2002-03-27
    KERR, John Neilson resigned
    director
  23. 2001-12-05
    🏢
    Company incorporated
    As ANDSTRAT (NO. 144) LIMITED
  24. 2001-12-05
    ANDERSON STRATHERN WS appointed
    corporate-nominee-secretary
  25. 2001-12-05
    BROWN, Simon Thomas David appointed
    director
  26. 2001-12-05
    KERR, John Neilson appointed
    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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 89 — 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 89 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

Andstrat (No. 363) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Andstrat (No. 363) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ANDSTRAT (NO. 144) LIMITED
This company · SC226030

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
Andstrat (No. 363) Limited
Corporate entity
75100%
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
Incorporated2001-12-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Anderson Strathern Llp
58 Morrison Street
Edinburgh
EH3 8BP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (2 active · 4 resigned)

SHAND, George
director · ~89y · appointed 2002-03-27
View their other companies + combined net worth →
Active
SHAND, Ian Mckenzie
director · ~59y · appointed 2002-03-27
View their other companies + combined net worth →
Active
ANDERSON STRATHERN WS
corporate-nominee-secretary · appointed 2001-12-05 · resigned 2007-11-26
Resigned
AS COMPANY SERVICES LIMITED
corporate-secretary · appointed 2007-11-26 · resigned 2021-06-29
Resigned
BROWN, Simon Thomas David
director · ~66y · appointed 2001-12-05 · resigned 2002-03-27
Resigned
KERR, John Neilson
director · ~70y · appointed 2001-12-05 · resigned 2002-03-27
Resigned

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

Recent filings (66 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-dormant
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
accounts-with-accounts-type-dormant
accounts · AA
2021-09-30
termination-secretary-company-with-name-termination-date
officers · TM02
2021-06-30
change-person-director-company-with-change-date
officers · CH01
2021-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-28