FREDERICK PROPERTIES (TWO) LIMITED
⚰️Wound downdissolved
SC306760 · ltd · incorporated 2006-08-14
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
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 54/100 (worth a look), bankability 55/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · oldest 19.2y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
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 (39 events)Click to expand
- 2019-05-11⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2019-05-11🏁Company dissolved
- 2019-02-11⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2017-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-11-01📄resolutionresolution · RESOLUTIONS
- 2017-10-17📄gazette-notice-compulsorygazette · GAZ1
- 2015-12-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2015-11-19📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2015-11-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-09-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-31➖LYCIDAS SECRETARIES LIMITED resignedcorporate-secretary
- 2015-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-09-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-02-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-20📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2013-08-20📄termination-secretary-company-with-nameofficers · TM02
- 2013-06-06📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-06-01➕LYCIDAS SECRETARIES LIMITED appointedcorporate-secretary
- 2013-06-01➖SF SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2012-12-27📄accounts-with-accounts-type-smallaccounts · AA
- 2012-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2012-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2012-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2012-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2007-08-24🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2007-08-24🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-02-26🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-08-30➕CARSON, John Seton Burrell appointeddirector
- 2006-08-30➕GALBRAITH, Norman Thomas Galloway appointeddirector
- 2006-08-30➕NORTHAM, George Reginald Usher appointeddirector
- 2006-08-30➕STEWART, Alexander Donald appointeddirector
- 2006-08-30➖SF SECRETARIES LIMITED resignedcorporate-nominee-director
- 2006-08-14🏢Company incorporatedAs FREDERICK PROPERTIES (TWO) LIMITED
- 2006-08-14➕SF SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-08-14➕SF SECRETARIES LIMITED appointedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 93 — succession pressure is live.
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 93 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 20 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2019-05-11
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-05-11: gazette-dissolved-liquidation; 2019-02-11: liquidation-voluntary-return-of-final-meeting-scotland
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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|---|---|---|---|---|---|---|---|
| AKM LETTINGS LTD→ SC873885 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL05MAC LTD→ SC475347 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALBANY BUSINESS CENTRES LIMITED→ SC096020 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| ALBANY PROPERTY INVESTMENTS LIMITED→ SC173314 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
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| ALEXANDER PROPERTY RENTALS LIMITED→ SC856845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALFRED STEWART PROPERTIES LIMITED→ SC055625 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| ALFRED STEWART PROPERTY FOUNDATION LIMITED→ SC363663 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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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
Incorporated2006-08-14
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
11a Dublin Street
Edinburgh
EH1 3PG
Filing status
Accounts
Next due: —
Last made up to: 2015-11-06
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
CARSON, John Seton Burrell→
Activedirector · ~74y · appointed 2006-08-30
View their other companies + combined net worth →
GALBRAITH, Norman Thomas Galloway→
Activedirector · ~71y · appointed 2006-08-30
View their other companies + combined net worth →
NORTHAM, George Reginald Usher→
Activedirector · ~64y · appointed 2006-08-30
View their other companies + combined net worth →
STEWART, Alexander Donald→
Activedirector · ~93y · appointed 2006-08-30
View their other companies + combined net worth →
LYCIDAS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2013-06-01 · resigned 2015-08-31
SF SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-08-14 · resigned 2013-06-01
SF SECRETARIES LIMITED→
Resignedcorporate-nominee-director · appointed 2006-08-14 · resigned 2006-08-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 24/08/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 24/08/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 26/02/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (57 total)
gazette-dissolved-liquidation
gazette · GAZ2
2019-05-11
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2019-02-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-11-01
resolution
resolution · RESOLUTIONS
2017-11-01
gazette-notice-compulsory
gazette · GAZ1
2017-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2015-11-23
change-account-reference-date-company-previous-extended
accounts · AA01
2015-11-19
termination-secretary-company-with-name-termination-date
officers · TM02
2015-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-10-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-01-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-08