ALBURN (NEWPORT 2) LIMITED

⚰️Wound downdissolved
SC259609 · ltd · incorporated 2003-11-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
48/100
Watch
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 22.4y

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 22.4 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 9 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
21 connected companies via shared directors
90
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (61 events)Click to expand
  1. 2014-03-02
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2014-03-02
    🏁
    Company dissolved
  3. 2013-12-02
    ⚠️
    liquidation-in-administration-move-to-dissolution-scotland
    insolvency · 2.26B(Scot)
  4. 2013-07-02
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  5. 2013-07-02
    ⚠️
    liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
    insolvency · 2.15B(Scot)
  6. 2013-02-14
    ⚠️
    liquidation-in-administration-deemed-proposal-scotland
    insolvency · 2.16BZ(Scot)
  7. 2013-01-28
    ⚠️
    liquidation-in-administration-proposals-scotland
    insolvency · 2.16B(Scot)
  8. 2012-12-10
    ⚠️
    liquidation-in-administration-appointment-of-administrator-scotland
    insolvency · 2.11B(Scot)
  9. 2012-12-03
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  10. 2012-10-15
    📄
    legacy
    mortgage · MG01s
  11. 2012-10-01
    🔒
    Charge registered #8
    Lender: U.S. Bank Trustees Limited
  12. 2012-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2012-04-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2011-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2011-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-04-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2010-10-08
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  18. 2010-10-08
    📄
    appoint-person-director-company-with-name
    officers · AP01
  19. 2010-10-08
    📄
    termination-secretary-company-with-name
    officers · TM02
  20. 2010-10-08
    📄
    termination-director-company-with-name
    officers · TM01
  21. 2010-10-04
    ➕
    SMYTH, Alannah appointed
    secretary
  22. 2010-10-04
    ➕
    LAWLOR, Bryan appointed
    director
  23. 2010-10-04
    ➖
    LAWLOR, Bryan William resigned
    secretary
  24. 2010-10-04
    ➖
    MCKENNA, John resigned
    director
  25. 2010-04-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2010-04-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2009-04-01
    📄
    legacy
    annual-return · 363a
  28. 2009-04-01
    📄
    legacy
    officers · 288c
  29. 2009-03-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2009-02-03
    📄
    legacy
    annual-return · 363a
  31. 2008-10-31
    📍
    legacy
    address · 287
  32. 2007-09-28
    🔒
    Charge registered #7
    Lender: Nm Rothschild & Sons Limited
  33. 2007-02-22
    🔒
    Charge registered #6
    Lender: Abn Amro Trustees Limited
  34. 2007-02-22
    🔒
    Charge registered #5
    Lender: Abn Amro Trustees Limited
  35. 2006-12-13
    🔒
    Charge registered #4
    Lender: Anglo Irsih Bank Corporation PLC
  36. 2006-01-04
    🔓
    Charge satisfied #1
  37. 2006-01-04
    🔓
    Charge satisfied #2
  38. 2005-10-13
    ➖
    LAWLOR, Bryan William resigned
    director
  39. 2005-10-13
    ➕
    MCKENNA, John appointed
    director
  40. 2005-07-06
    ➕
    SMYTH, Noel Martin appointed
    director
  41. 2005-07-04
    ➕
    KINNAIRD, Nigel John appointed
    director
  42. 2005-07-04
    ➕
    LAWLOR, Bryan William appointed
    secretary
  43. 2005-07-04
    ➖
    TEESLAND SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  44. 2005-07-04
    ➕
    LAWLOR, Bryan William appointed
    director
  45. 2005-07-04
    ➖
    MCCABE, Kevin Charles resigned
    director
  46. 2005-07-04
    ➖
    TANDY, Didier Michel resigned
    director
  47. 2005-07-04
    🔒
    Charge registered #3
    Lender: Anglo Irish Bank Corporation PLC
  48. 2004-04-01
    ➖
    DI CIACCA, Cesidio Martin resigned
    secretary
  49. 2004-04-01
    ➕
    TEESLAND SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  50. 2003-12-16
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 61 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

90/100
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 75 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

2 high · 1 med · 1 low
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-03-02

7 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2014-03-02: gazette-dissolved-liquidation; 2013-12-02: liquidation-in-administration-move-to-dissolution-scotland

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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

11 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

Statusdissolved
Typeltd
Incorporated2003-11-21
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Exchange Tower
19 Canning Street
Edinburgh
EH8 8HX

Filing status

Accounts
Next due: —
Last made up to: 2011-06-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 10 resigned)

SMYTH, Alannah→
secretary · appointed 2010-10-04
View their other companies + combined net worth →
Active
KINNAIRD, Nigel John→
director · ~63y · appointed 2005-07-04
View their other companies + combined net worth →
Active
LAWLOR, Bryan→
director · ~51y · appointed 2010-10-04
View their other companies + combined net worth →
Active
SMYTH, Noel Martin→
director · ~75y · appointed 2005-07-06
View their other companies + combined net worth →
Active
DI CIACCA, Cesidio Martin→
secretary · appointed 2003-11-21 · resigned 2004-04-01
Resigned
FOWLIE, Frank Alexander→
nominee-secretary · appointed 2003-11-21 · resigned 2003-11-21
Resigned
LAWLOR, Bryan William→
secretary · appointed 2005-07-04 · resigned 2010-10-04
Resigned
TEESLAND SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2004-04-01 · resigned 2005-07-04
Resigned
BROWN, Stewart David→
nominee-director · ~53y · appointed 2003-11-21 · resigned 2003-11-21
Resigned
FOWLIE, Frank Alexander→
nominee-director · ~50y · appointed 2003-11-21 · resigned 2003-11-21
Resigned
LAWLOR, Bryan William→
director · ~51y · appointed 2005-07-04 · resigned 2005-10-13
Resigned
MCCABE, Kevin Charles→
director · ~78y · appointed 2003-11-21 · resigned 2005-07-04
Resigned
MCKENNA, John→
director · ~52y · appointed 2005-10-13 · resigned 2010-10-04
Resigned
TANDY, Didier Michel→
director · ~67y · appointed 2003-11-21 · resigned 2005-07-04
Resigned

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

Mortgages & charges

8
Total charges
6
Outstanding
5
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
U.S. Bank Trustees
U.S. Bank Trustees Limited
Legal charge1 property01/10/2012—
outstanding
Nm Rothschild & Sons
Nm Rothschild & Sons Limited
Floating charge1 property28/09/2007—
outstanding
Abn Amro Trustees
Abn Amro Trustees Limited
Legal charge1 property22/02/2007—
outstanding
Abn Amro Trustees
Abn Amro Trustees Limited
Floating charge1 property22/02/2007—
outstanding
Anglo Irsih Bank Corporation
Anglo Irsih Bank Corporation PLC
Legal charge1 property13/12/2006—
outstanding
Anglo Irish Bank Corporation
Anglo Irish Bank Corporation PLC
Floating charge1 property04/07/2005—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property16/12/200304/01/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge2 properties27/11/200304/01/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

gazette-dissolved-liquidation
gazette · GAZ2
2014-03-02
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2013-12-02
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-07-02
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2013-07-02
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2013-02-14
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2013-01-28
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2012-12-10
change-registered-office-address-company-with-date-old-address
address · AD01
2012-12-03
legacy
mortgage · MG01s
2012-10-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-04-27
accounts-with-accounts-type-small
accounts · AA
2012-04-13
change-person-director-company-with-change-date
officers · CH01
2011-11-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-04-27
accounts-with-accounts-type-small
accounts · AA
2011-04-12
appoint-person-secretary-company-with-name
officers · AP03
2010-10-08