BELL ROCK (SCOTLAND) LIMITED
💤Zombieactive
SC291532 · ltd · incorporated 2005-10-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
- 74909Other professional, scientific and technical activities n.e.c.
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · oldest 17.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 17.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
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 · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 100 | 100 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-04🔒Charge registered #7Lender: Bank of Scotland PLC
- 2023-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-03📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-30➖BERTRAM, Lynsey Pamela resignedsecretary
- 2020-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-22🔒Charge registered #6Lender: Bank of Scotland PLC
- 2015-06-19🔒Charge registered #5Lender: Bank of Scotland PLC
- 2010-12-02🔒Charge registered #4Lender: Bank of Scotland PLC
- 2010-02-17🔒Charge registered #3Lender: Bank of Scotland PLC
- 2009-11-22🔒Charge registered #2Lender: Bank of Scotland PLC
- 2008-06-19🔒Charge registered #1Lender: Bank of Scotland PLC
- 2005-10-11🏢Company incorporatedAs BELL ROCK (SCOTLAND) LIMITED
- 2005-10-11➕BERTRAM, Duncan Stewart appointeddirector
- 2005-10-11➕BERTRAM, Lynsey Pamela appointedsecretary
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- 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 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Duncan Stewart Bertram Individual · British · DOB 05/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B&L WHITTET LTD→ SC065617 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| BILL'S PLACE LTD→ SC772187 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BINROCK ESTATES LIMITED→ SC813884 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BIRCHFALLS PROPERTIES LTD→ SC702850 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BIRNIE PROPERTIES LIMITED→ SC788995 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BKT PROPERTY LTD→ SC698054 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BLACK & WHITE HOTELS LTD→ SC446084 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BLACK GOOSE ESTATES LIMITED→ SC771221 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLINSHALL STREET LTD→ SC465576 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BLUE BLOCK STORAGE LTD→ SC599493 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BONNYMAN DEVELOPMENTS LTD.→ SC176779 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| BOSCO LETS LTD→ SC875712 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2005-10-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
58 Nolt Loan Road
Arbroath
Angus
DD11 2AH
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11
Officers (1 active · 1 resigned)
BERTRAM, Duncan Stewart→
Activedirector · ~55y · appointed 2005-10-11
View their other companies + combined net worth →
BERTRAM, Lynsey Pamela→
Resignedsecretary · appointed 2005-10-11 · resigned 2020-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/07/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 22/06/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/06/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 02/12/2010 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 17/02/2010 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 22/11/2009 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 19/06/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25
termination-secretary-company-with-name-termination-date
officers · TM02
2020-11-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-03
change-person-director-company-with-change-date
officers · CH01
2020-11-03