ROCKFACE PROPERTY LIMITED
🌳Matureactive
SC341830 · ltd · incorporated 2008-04-23
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 17.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 17.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 17.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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 · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-10-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-10-06🔓Charge satisfied #3
- 2020-10-06🔓Charge satisfied #2
- 2020-07-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-16🔓Charge satisfied #1
- 2019-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-04-26📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-04🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2008-10-06🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2008-09-24🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2008-04-23🏢Company incorporatedAs ROCKFACE PROPERTY LIMITED
- 2008-04-23➕MACKENZIE, Gavin appointedsecretary
- 2008-04-23➕GILLESPIE, Michael Gordon appointeddirector
- 2008-04-23➕RUSSELL, Andrew Sutherland appointeddirector
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gavin Mackenzie Individual · British · DOB 08/1968 · age 58 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Andrew Sutherland Russell Individual · British · DOB 04/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Michael Gordon Gillespie Individual · British · DOB 02/1967 · age 59 | 25–50% | — | 25-50% 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 · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KEY INVESTMENT SOLUTION LTD→ SC466633 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| KRM SKYE LTD→ SC806000 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LASHLEY HOMES LIMITED→ SC546666 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| LETTINGS INVERNESS LTD→ SC471619 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LITTLEBURN PROPERTIES LTD→ SC155154 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| LOCIN ENTRIES LTD→ SC819919 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MACAULAY PROPERTIES LIMITED→ SC808799 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MACDONALD PROPERTY HOLDING LTD→ SC823686 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MACGREGOR LAND GROUP LTD→ SC813933 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MACKAY PROPERTY SERVICES TAIN LIMITED→ SC355606 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| MACKENRO PROPERTIES LIMITED→ SC337301 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MACKENZIE ENTERPRISES (ELGIN) LIMITED→ SC057105 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
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
Incorporated2008-04-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Hill Park
Inverness
Highland
IV2 4AL
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30
Officers (3 active · 0 resigned)
Active
GILLESPIE, Michael Gordon→
Activedirector · ~59y · appointed 2008-04-23
View their other companies + combined net worth →
RUSSELL, Andrew Sutherland→
Activedirector · ~60y · appointed 2008-04-23
View their other companies + combined net worth →
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 | Standard security | 1 property | 04/02/2010 | 06/10/2020 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 06/10/2008 | 06/10/2020 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 24/09/2008 | 16/07/2020 |
Recent filings (45 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-16