BALMOSSIE DEVELOPMENTS NO.2 LTD
🏛️Establishedactive
SC552864 · ltd · incorporated 2016-12-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
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, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 gazette
Last 90 days
1
filing
- • 1 gazette
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-14📄gazette-notice-compulsorygazette · GAZ1
- 2025-01-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2016-12-19🏢Company incorporatedAs BALMOSSIE DEVELOPMENTS NO.2 LTD
- 2016-12-19➕KING, Allan Duncan appointeddirector
- 2016-12-19➕MCLAGAN, Norman Robertson appointeddirector
Owner dependency
78/100
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 age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-01-01
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Allan Duncan King Individual · British · DOB 10/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/12/2016 |
Mr Norman Robertson Mclagan Individual · British · DOB 06/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/12/2016 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & N BIJ PROPERTIES LTD→ SC794729 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AL05MAC LTD→ SC475347 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALEXANDER PROPERTIES GROUP LTD.→ SC883418 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALLAHKAYE LTD→ SC805805 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLSOPP PROPERTIES (SA) LTD→ SC622441 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALMONDELL PROPERTIES LTD→ SC666905 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AM05MAC LTD→ SC581856 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMA CRAMOND (INVESTMENTS) LIMITED→ SC242496 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| AMA PROPERTIES (SCOTLAND) LIMITED→ SC274720 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AMARAH PROPERTIES LTD→ SC854115 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMARCORD LTD→ SC661759 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMASS PROPERTY LIMITED→ SC799411 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2016-12-19
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
King Group
3 Alva Street
Edinburgh
Midlothian
EH2 4PH
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-01OVERDUE
Last: 2024-12-18
Officers (2 active · 0 resigned)
KING, Allan Duncan→
Activedirector · ~65y · appointed 2016-12-19
View their other companies + combined net worth →
MCLAGAN, Norman Robertson→
Activedirector · ~62y · appointed 2016-12-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (32 total)
gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-dormant
accounts · AA
2025-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-dormant
accounts · AA
2024-09-13
change-person-director-company-with-change-date
officers · CH01
2024-03-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-dormant
accounts · AA
2023-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-19
change-person-director-company-with-change-date
officers · CH01
2022-12-19
change-person-director-company-with-change-date
officers · CH01
2022-12-18
change-person-director-company-with-change-date
officers · CH01
2022-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-18