B A 3 LIMITED
🌳Matureactive
SC279686 · ltd · incorporated 2005-02-09
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
—
year to Jul 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 20.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
63 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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Average employees | 0 | 0 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-07-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-07-02➕RENNIE, James Anthony Douglas appointeddirector
- 2018-07-02➕RENNIE, Ross Michael appointeddirector
- 2018-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-02-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-10➖RENNIE, Penelope Joan resigneddirector
- 2013-03-08🔓Charge satisfied #1
- 2012-12-05🔓Charge satisfied #3
- 2012-11-23➖RENNIE, Marie-Therese resigneddirector
- 2010-07-30🔓Charge satisfied #2
- 2010-07-07🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2009-05-01➕CRABB, Samuel David appointeddirector
- 2006-03-01🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2005-06-13🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-02-09🏢Company incorporatedAs B A 3 LIMITED
- 2005-02-09➕CRABB, Samuel David appointedsecretary
- 2005-02-09➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2005-02-09➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2005-02-09➕RENNIE, Marie-Therese appointeddirector
- 2005-02-09➕RENNIE, Penelope Joan appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 21 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
mediumMultiple 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Maurice Leslie Rennie Individual · Scottish · DOB 02/1954 · age 72 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.V.A PROPERTY SOLUTIONS LTD→ SC803023 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMRO DEVELOPMENT LIMITED→ SC539309 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AQUARIUS THERMAL SYSTEMS LTD→ SC313788 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ARK DEV LTD→ SC835253 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARTURUS ROOF SURVEYS LTD→ SC777782 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATLANTIUS LIMITED→ SC594254 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AU INTERIORS & BUILDING SERVICES LTD→ SC348318 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| B2B SALES LIMITED→ SC621018 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BAACH LIMITED→ SC792987 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BABERTON SOLUTIONS LIMITED→ SC527461 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BABSCOM CLEANING AND DECORATING LIMITED→ SC807064 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BAILEY PROPERTY VENTURES LTD→ SC730722 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2005-02-09
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
14 Riversdale Crescent
Edinburgh
Midlothian
EH12 5QT
Filing status
Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09
Officers (4 active · 3 resigned)
CRABB, Samuel David→
Activesecretary · appointed 2005-02-09
View their other companies + combined net worth →
CRABB, Samuel David→
Activedirector · ~73y · appointed 2009-05-01
View their other companies + combined net worth →
RENNIE, James Anthony Douglas→
Activedirector · ~42y · appointed 2018-07-02
View their other companies + combined net worth →
RENNIE, Ross Michael→
Activedirector · ~40y · appointed 2018-07-02
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-02-09 · resigned 2005-02-09
RENNIE, Marie-Therese→
Resigneddirector · ~99y · appointed 2005-02-09 · resigned 2012-11-23
RENNIE, Penelope Joan→
Resigneddirector · ~74y · appointed 2005-02-09 · resigned 2013-09-10
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 07/07/2010 | 05/12/2012 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 01/03/2006 | 30/07/2010 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/06/2005 | 08/03/2013 |
Recent filings (63 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-dormant
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
change-person-director-company-with-change-date
officers · CH01
2022-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-02