TARBOLTON ESTATES LIMITED
🌳Matureactive
SC315711 · ltd · incorporated 2007-02-01
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
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 6 lenders · oldest 19.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
17 officers (2 active, 17 linked, 12 with DOB)
84
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
128 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
- 2026-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-03-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-27📄memorandum-articlesincorporation · MA
- 2024-03-27📄resolutionresolution · RESOLUTIONS
- 2023-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-02📄accounts-with-accounts-type-smallaccounts · AA
- 2021-10-08✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-10-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-05🔓Charge satisfied #6
- 2021-10-05🔓Charge satisfied #7
- 2021-10-05🔓Charge satisfied #4
- 2021-10-05🔓Charge satisfied #5
- 2021-06-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-06-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-06-09📄resolutionresolution · RESOLUTIONS
- 2021-06-03➕OHANDJANIAN, Demis Armen appointeddirector
- 2021-06-03➖COLLINS, Logan resigneddirector
- 2021-06-03➖JOHNSTONE, Derek Scovell resigneddirector
- 2021-06-03➖WARD, Yvonne resigneddirector
- 2021-06-03➖WILSON, William resigneddirector
- 2020-12-10🔒Charge registered #9Lender: Cambridge & Counties Bank Limited
- 2020-12-07🔒Charge registered #8Lender: Cambridge & Counties Bank Limited
- 2020-07-31➕HLD GOC HOLDINGS LIMITED appointedcorporate-director
- 2020-07-31➖WILSON, James resigneddirector
- 2019-07-26➖OHANDJANIAN, Demis Armen resigneddirector
- 2019-07-19➕COLLINS, Logan appointeddirector
- 2019-07-19➕JOHNSTONE, Derek Scovell appointeddirector
- 2019-07-19➕WARD, Yvonne appointeddirector
- 2019-07-19➕WILSON, James appointeddirector
- 2019-07-19➕WILSON, William appointeddirector
- 2019-06-28🔒Charge registered #6Lender: Bibby Financial Services Limited
- 2019-06-27🔒Charge registered #7Lender: Bibby Financial Services Limited
- 2019-06-27🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2019-06-27🔓Charge satisfied #3
- 2019-06-27🔓Charge satisfied #2
- 2019-06-27🔓Charge satisfied #1
- 2019-06-21➖WARD, Yvonne resignedsecretary
- 2019-06-21➖COLLINS, Logan resigneddirector
- 2019-06-21➖JOHNSTONE, Derek Scovell resigneddirector
- 2019-06-21➕OHANDJANIAN, Demis Armen appointeddirector
- 2019-06-21➖WILSON, James resigneddirector
- 2019-06-21➖WILSON, William resigneddirector
Showing most recent 50 of 68 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Group structure
Demlin Llp holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Demlin Llp
Corporate parent · holds 25-50% shares
⬇
TARBOLTON ESTATES LIMITED
This company · SC315711
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lindsay Kamal Khan Individual · British · DOB 04/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/03/2024 |
Mr Demis Armen Ohandjanian Individual · British · DOB 05/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/03/2024 |
Demlin Llp Corporate entity | 25–50% | — | 25-50% shares | 18/06/2021 |
2 historic (ceased) PSCs
- The Wallace Steel Group Limitedceased 18/06/2021· 75-100% shares · 75-100% voting · board control
- Mr James Wilsonceased 21/06/2019· 25-50% shares
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 · Holding company · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MICROTECH GROUP LIMITED→ SC372953 · est 2010 | £9.91M £8.43M–£11.40M | — | £9.91M | — | 16y | 83 | 63y |
| ASPECT SURVEYS LIMITED→ SC357302 · est 2009 | £2.37M £2.02M–£2.73M | — | £2.37M | — | 17y | 81 | 65y |
| BRIDGEND HOLDINGS LIMITED→ SC175640 · est 1997 | £1.25M £1.06M–£1.44M | — | £1.25M | — | 28y | 81 | 81y |
| CBGB HOLDINGS LIMITED→ SC334703 · est 2007 | £741.6k £630.4k–£852.9k | — | £741.6k | — | 18y | 80 | 64y |
| KL HOLDINGS LIMITED→ SC147187 · est 1993 | £210.0k £178.5k–£241.4k | — | £210.0k | — | 32y | 82 | 70y |
| CASTLEHILL RESIDENTIAL LETTINGS LIMITED→ SC355876 · est 2009 | £142.6k £121.2k–£164.0k | — | £142.6k | — | 17y | 82 | 58y |
| HEATHERGEMS LIMITED→ SC047180 · est 1970 | £130.3k £110.8k–£149.9k | — | £130.3k | — | 56y | 83 | 72y |
| CALEBRIDGE LIMITED→ SC201077 · est 1999 | £91.1k £77.4k–£104.7k | — | £91.1k | — | 26y | 82 | 67y |
| COLLENNAN LTD.→ SC249864 · est 2003 | £50.7k £43.1k–£58.3k | — | £50.7k | — | 22y | 80 | 79y |
| ANDREW, DICKSON AND CATTO LIMITED→ SC135258 · est 1991 | £100 £85–£115 | — | £100 | — | 34y | 80 | 76y |
| DAVID COOK DEVELOPMENTS LIMITED→ SC166098 · est 1996 | £99 £84–£114 | — | £99 | — | 29y | 82 | 71y |
| WEST COAST CAPITAL LIMITED→ SC212249 · est 2000 | £1 £1–£1 | — | £1 | — | 25y | 82 | 77y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2007-02-01
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Building 11c, Spirit Aerosystems
Tarbolton Road
Monkton
Ayrshire
KA9 2RR
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (2 active · 15 resigned)
OHANDJANIAN, Demis Armen→
Activedirector · ~48y · appointed 2021-06-03
View their other companies + combined net worth →
HLD GOC HOLDINGS LIMITED→
Activecorporate-director · appointed 2020-07-31
View their other companies + combined net worth →
WARD, Yvonne→
Resignedsecretary · appointed 2014-06-18 · resigned 2019-06-21
WILSON, James→
Resignedsecretary · appointed 2007-02-19 · resigned 2014-06-18
WJM SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2007-02-01 · resigned 2007-02-19
COLLINS, Logan→
Resigneddirector · ~57y · appointed 2019-07-19 · resigned 2021-06-03
COLLINS, Logan→
Resigneddirector · ~57y · appointed 2015-07-31 · resigned 2019-06-21
DOOLAN, Martin Mark→
Resigneddirector · ~64y · appointed 2007-02-19 · resigned 2013-07-12
JOHNSTONE, Derek Scovell→
Resigneddirector · ~58y · appointed 2019-07-19 · resigned 2021-06-03
JOHNSTONE, Derek Scovell→
Resigneddirector · ~58y · appointed 2015-07-31 · resigned 2019-06-21
OHANDJANIAN, Demis Armen→
Resigneddirector · ~48y · appointed 2019-06-21 · resigned 2019-07-26
WARD, Yvonne→
Resigneddirector · ~53y · appointed 2019-07-19 · resigned 2021-06-03
WILSON, James→
Resigneddirector · ~67y · appointed 2019-07-19 · resigned 2020-07-31
WILSON, James→
Resigneddirector · ~67y · appointed 2007-02-19 · resigned 2019-06-21
WILSON, William→
Resigneddirector · ~71y · appointed 2019-07-19 · resigned 2021-06-03
WILSON, William→
Resigneddirector · ~71y · appointed 2014-06-18 · resigned 2019-06-21
WJM DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2007-02-01 · resigned 2007-02-19
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
2
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 10/12/2020 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 07/12/2020 | — | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited | A registered charge | 1 property | 28/06/2019 | 05/10/2021 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited | A registered charge | 1 property | 27/06/2019 | 05/10/2021 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 27/06/2019 | 05/10/2021 | |
| satisfied | Bibby Financial Services Bibby Invoice Discounting Limited | A registered charge | — | 21/06/2019 | 05/10/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/02/2012 | 27/06/2019 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 19/02/2007 | 27/06/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 19/02/2007 | 27/06/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-09
capital-name-of-class-of-shares
capital · SH08
2024-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-27
memorandum-articles
incorporation · MA
2024-03-27
resolution
resolution · RESOLUTIONS
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-12