LORIMER HOUSE LIMITED

🌳Matureactive

SC403007 · ltd · incorporated 2011-07-05

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Other residential care activities n.e.c.

Sector: Human health & social work

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 72/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 14.5y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 14.5 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

8 officers (5 active, 8 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

14 connected companies via shared directors

Filing history

57 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Average employees	4100	4100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filings

Last 180 days

filings

• 6 officers
• 1 address

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2025-12-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-08
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-12-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-28
➕
TARGET FUND MANAGERS LIMITED appointed
corporate-secretary
2025-11-28
➕
BROWN, Andrew Stewart appointed
director
2025-11-28
➕
FLANNELLY, John Marcus appointed
director
2025-11-28
➕
MACKENZIE, James Kenneth appointed
director
2025-11-28
➕
MACKENZIE, Kenneth Macangus appointed
director
2025-11-28
➖
BLACK, Sean resigned
director
2025-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-12
➖
BLACK, Susan resigned
director
2025-08-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-24
📄
accounts-with-accounts-type-small
accounts · AA
2025-03-26
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-26
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-22
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-31
📄
accounts-with-accounts-type-small
accounts · AA
2022-08-05
📄
accounts-with-accounts-type-small
accounts · AA
2021-06-09
📄
accounts-with-accounts-type-small
accounts · AA
2020-08-21
📄
accounts-with-accounts-type-small
accounts · AA
2020-01-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-03-22
➖
BLACK, Jody resigned
director
2016-03-11
🔒
Charge registered #6
Lender: Hsbc Bank PLC
2015-12-12
🔓
Charge satisfied #4
2015-12-12
🔓
Charge satisfied #3
2015-11-24
🔒
Charge registered #5
Lender: Hsbc Bank PLC
2014-12-29
🔒
Charge registered #4
Lender: Clydesdale Bank PLC
2014-12-17
🔓
Charge satisfied #2
2014-12-17
🔓
Charge satisfied #1
2014-12-05
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2012-04-05
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2011-11-03
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2011-07-05
🏢
Company incorporated
As LORIMER HOUSE LIMITED
2011-07-05
➕
BLACK, Jody appointed
director
2011-07-05
➕
BLACK, Sean appointed
director
2011-07-05
➕
BLACK, Susan appointed
director

Owner dependency

63/100

High — earn-out structure required

Material 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.
+Founder age: Director aged approximately 76 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — MACKENZIE, James Kenneth (same surname) appointed 2025-11-28. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.

Red flags

3 med · 1 low

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BLACK, Sean resigned 2025-11-28; BLACK, Susan resigned 2025-11-12

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed 2 times

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-03-26: certificate-change-of-name-company; 2025-02-26: certificate-change-of-name-company

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Lindemann Properties Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Lindemann Properties Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LORIMER HOUSE LIMITED

This company · SC403007

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Lindemann Properties Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

3 historic (ceased) PSCs

Mr Ronald Rutherford Blackceased 22/03/2019· significant influence
Mr Jody Blackceased 22/07/2016· 25-50% shares · 25-50% voting
Mr Sean Blackceased 06/04/2016· 25-50% shares · 25-50% voting

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 · Healthcare & medical · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAMPHILL(BLAIR DRUMMOND)TRUST LIMITED→ SC059206 · est 1976 · no financials extracted	—	—	—	—	50y	83	84y
DUNBLANE KIDS CLUB→ SC176437 · est 1997 · no financials extracted	—	—	—	—	28y	83	70y
RECOVERY SCOTLAND LTD.→ SC155475 · est 1995 · no financials extracted	—	—	—	—	31y	83	76y
ACREWOOD NURSERY LIMITED→ SC231967 · est 2002	—	—	—	1500	23y	82	69y
CARE VISIONS GROUP LIMITED→ SC204261 · est 2000 · no financials extracted	—	—	—	—	26y	82	61y
LITTLE STARS (STIRLING) LIMITED→ SC396870 · est 2011	—	—	£2.25M	—	15y	82	70y
OCHIL EYES LIMITED→ SC376726 · est 2010	—	—	£6.1k	—	16y	82	61y
CENTRAL ADVOCACY PARTNERS→ SC213637 · est 2000 · no financials extracted	—	—	—	—	25y	81	79y
FORTH VALLEY DENTAL CARE LIMITED→ SC227043 · est 2002	—	—	£750	—	24y	81	63y
FRAMEWORK CLINICS LTD→ SC350211 · est 2008	—	—	£1.8k	—	17y	81	63y
GRANGEMOUTH CARERS LIMITED→ SC131185 · est 1991 · no financials extracted	—	—	—	—	35y	81	75y
PLAY ALLOA→ SC379003 · est 2010 · no financials extracted	—	—	—	—	15y	81	69y

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

Incorporated2011-07-05

Jurisdictionscotland

Primary SIC87900 — Other residential care activities n.e.c.

Registered office

First Floor Glendevon House

Castle Business Park

Stirling

FK9 4TZ

Scotland

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-07-19

Last: 2025-07-05