ACADEMY PARK (NO2) LIMITED

🌳Matureactive
SC427176 · ltd · incorporated 2012-06-27
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
—
year to Jun 2024
Net worth
£-1.30M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 84). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 13.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,302,049
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 94% YoY
Net Worth
-£1.3m
~ YoY
Current Assets
£171k
↑ 263% YoY
Current Liabilities
—
-£1.3m-£1.0m-£713k-£418k-£124k£171kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£-1.30M£-1.29M
Current assets£170.8k£47.1k
Cash£2.3k£42.2k
Debtors£168.4k£4.9k
Net assets£-1.30M£-1.29M

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
0
filings
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-03-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-03-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-06-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-03-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2023-03-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-03-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-03-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-06-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2018-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2018-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2018-09-20
    🔓
    Charge satisfied #5
  18. 2018-09-20
    🔓
    Charge satisfied #8
  19. 2018-09-20
    🔓
    Charge satisfied #7
  20. 2018-09-20
    🔓
    Charge satisfied #6
  21. 2018-09-20
    🔓
    Charge satisfied #4
  22. 2018-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2016-11-15
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Ireland as Security Agent
  24. 2016-11-15
    🔓
    Charge satisfied #3
  25. 2016-11-15
    🔓
    Charge satisfied #2
  26. 2016-11-15
    🔓
    Charge satisfied #1
  27. 2016-11-11
    🔒
    Charge registered #8
    Lender: The Governor and Company of the Bank of Ireland (As Security Agent)
  28. 2016-11-11
    🔒
    Charge registered #7
    Lender: The Governor and Company of the Bank of Ireland (As Security Agent)
  29. 2016-11-11
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Ireland (As Security Agent)
  30. 2016-11-09
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Ireland as Security Agent
  31. 2012-09-28
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  32. 2012-09-26
    🔒
    Charge registered #2
    Lender: Santander UK PLC
  33. 2012-09-18
    🔒
    Charge registered #1
    Lender: Santander UK PLC
  34. 2012-06-28
    ➕
    CAMERON, David John appointed
    director
  35. 2012-06-28
    ➕
    LINTON, Bruce Reid appointed
    director
  36. 2012-06-28
    ➖
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  37. 2012-06-28
    ➖
    MUNRO, Donald John resigned
    director
  38. 2012-06-28
    ➖
    HMS DIRECTORS LIMITED resigned
    corporate-director
  39. 2012-06-27
    🏢
    Company incorporated
    As ACADEMY PARK (NO2) LIMITED
  40. 2012-06-27
    ➕
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  41. 2012-06-27
    ➕
    MUNRO, Donald John appointed
    director
  42. 2012-06-27
    ➕
    HMS DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

79/100
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 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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
medium

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

Group structure

Camlin (No4) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Camlin (No4) Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ACADEMY PARK (NO2) LIMITED
This company · SC427176

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%
NameSharesVoting rightsNature of controlNotified
Camlin (No4) Limited
Corporate entity
75–100%
—75-100% shares28/02/2023
2 historic (ceased) PSCs
  • Camlin (No2) Ltdceased 28/02/2023· 75-100% shares
  • Camlin (No3) Limitedceased 28/02/2023· 75-100% 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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2012-06-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

First Floor
111 Grampian Road
Aviemore
Inverness-Shire
PH22 1RH

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (2 active · 3 resigned)

CAMERON, David John→
director · ~84y · appointed 2012-06-28
View their other companies + combined net worth →
Active
LINTON, Bruce Reid→
director · ~73y · appointed 2012-06-28
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED→
corporate-secretary · appointed 2012-06-27 · resigned 2012-06-28
Resigned
MUNRO, Donald John→
director · ~55y · appointed 2012-06-27 · resigned 2012-06-28
Resigned
HMS DIRECTORS LIMITED→
corporate-director · appointed 2012-06-27 · resigned 2012-06-28
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
The Governor and Company of the Bank of Ireland as Security Agent
A registered charge1 property15/11/201620/09/2018
satisfied
The Governor and Company of the Bank of Ireland (As Security Agent)
A registered charge—11/11/201620/09/2018
satisfied
The Governor and Company of the Bank of Ireland (As Security Agent)
A registered charge—11/11/201620/09/2018
satisfied
The Governor and Company of the Bank of Ireland (As Security Agent)
A registered charge—11/11/201620/09/2018
satisfied
The Governor and Company of the Bank of Ireland as Security Agent
A registered charge—09/11/201620/09/2018
satisfied
Santander
Santander UK PLC
Standard security1 property28/09/201215/11/2016
satisfied
Santander
Santander UK PLC
Assignations of rents1 property26/09/201215/11/2016
satisfied
Santander
Santander UK PLC
Bond & floating charge1 property18/09/201215/11/2016

Recent filings (60 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-small
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-small
accounts · AA
2024-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-small
accounts · AA
2023-06-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-06
accounts-with-accounts-type-small
accounts · AA
2022-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13