ALLAN RIVER SHARED ENTERPRISE LTD.

🌳Matureactive
SC384316 · ltd · incorporated 2010-08-26
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.7y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 5.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 5.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£37k£75k£112k£149k£186kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£202.9k
Cash£59.1k
Net assets£186.3k
Average employees0

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 (24 events)Click to expand
  1. 2025-07-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-09-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-10-27
    📄
    capital-allotment-shares
    capital · SH01
  10. 2021-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-09-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2020-09-23
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  13. 2020-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-04-11
    TROUP, Alisdair appointed
    director
  18. 2012-04-11
    TROUP, Michael appointed
    director
  19. 2010-08-26
    🏢
    Company incorporated
    As ALLAN RIVER SHARED ENTERPRISE LTD.
  20. 2010-08-26
    TROUP, Florence Anne appointed
    director
  21. 2010-08-26
    BRIAN REID LTD. appointed
    corporate-secretary
  22. 2010-08-26
    BRIAN REID LTD. resigned
    corporate-secretary
  23. 2010-08-26
    MABBOTT, Stephen George appointed
    director
  24. 2010-08-26
    MABBOTT, Stephen George resigned
    director

Owner dependency

83/100
Critical — business is the founder

The 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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Troup
Individual · British · DOB 04/1984 · age 42
2550%
25-50% shares27/10/2021
Mr Alisdair Troup
Individual · British · DOB 01/1980 · age 46
2550%
25-50% shares27/10/2021
1 historic (ceased) PSC
  • Mrs Florence Anne Troupceased 27/10/2021· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JS PROPERTY (SCOTLAND) LIMITED
SC265091 · est 2004
£838.4k
£712.6k£964.1k
£838.4k22y8266y
LLAFRANC PROPERTIES LIMITED
SC213190 · est 2000
£765.8k
£650.9k£880.6k
£765.8k25y8267y
VILLAFIELD LTD.
SC339039 · est 2008
£533.9k
£453.8k£614.0k
£533.9k18y8258y
CHURCH STREET INVESTMENTS (INVERNESS) LIMITED
SC296811 · est 2006
£472.3k
£401.4k£543.1k
£472.3k20y8267y
R & H PROPERTIES LTD.
SC197981 · est 1999
£447.6k
£380.5k£514.8k
£447.6k26y8266y
DIS INVESTMENTS LIMITED
SC228996 · est 2002
£372.7k
£316.8k£428.6k
£372.7k24y8264y
CHINA PALACE (GLASGOW) LIMITED
SC309502 · est 2006
£232.6k
£197.7k£267.5k
£232.6k19y8164y
A. MCCALLUM (PROPERTIES) LIMITED
SC148001 · est 1993
£168.8k
£143.5k£194.1k
£168.8k32y8260y
CENTRAL SCOTLAND HOMES LIMITED
SC351414 · est 2008
£134.5k
£114.3k£154.6k
£134.5k17y8293y
VIRGIL LTD.
SC370740 · est 2010
£115.5k
£98.2k£132.9k
£115.5k16y8258y
ALPHA EQUITIES LIMITED
SC331034 · est 2007
£105.8k
£89.9k£121.6k
£105.8k18y8363y
SOLSO LIMITED
SC334086 · est 2007
£57.5k
£48.9k£66.1k
£57.5k18y8360y
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
Incorporated2010-08-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Drumdruills Farm
Bridge Of Allan
Stirling
FK9 4LZ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26

Officers (3 active · 2 resigned)

TROUP, Alisdair
director · ~46y · appointed 2012-04-11
View their other companies + combined net worth →
Active
TROUP, Florence Anne
director · ~75y · appointed 2010-08-26
View their other companies + combined net worth →
Active
TROUP, Michael
director · ~42y · appointed 2012-04-11
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2010-08-26 · resigned 2010-08-26
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2010-08-26 · resigned 2010-08-26
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge3 properties23/09/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
capital-allotment-shares
capital · SH01
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-22