BURNAWN HOLDINGS LTD

🏛️Establishedactive
SC592151 · ltd · incorporated 2018-03-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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: Activities of construction holding companies
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 5.8y

85/100
ready

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

  • · Oldest live charge is 5.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
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
1
filing
  • 1 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-02-10
    🔓
    Charge satisfied #1
  3. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2020-07-09
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  10. 2020-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2019-04-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2019-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-04-05
    📄
    legacy
    miscellaneous · RPCH01
  16. 2019-03-04
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2019-01-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  18. 2018-12-31
    📄
    capital-allotment-shares
    capital · SH01
  19. 2018-12-28
    📄
    capital-allotment-shares
    capital · SH01
  20. 2018-03-21
    🏢
    Company incorporated
    As BURNAWN HOLDINGS LTD
  21. 2018-03-21
    MCCUTCHEON, Bryce appointed
    director
  22. 2018-03-21
    SNEDDON, Martin appointed
    director

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Bryce Mccutcheon
Individual · British · DOB 11/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting21/03/2018
Mr Martin Sneddon
Individual · British · DOB 10/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting21/03/2018
1 historic (ceased) PSC
  • Mr Martin Sneddonceased 21/03/2018· 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 · Holding company · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.D.DEWAR PROPERTIES LTD
SC853235 · est 2025 · no financials extracted
AILSA GROUP LTD
SC860011 · est 2025 · no financials extracted
ALL GENERATIONS LTD
SC544924 · est 2016 · no financials extracted
9y
BALANCED BOOKS HOLDINGS LTD
SC801221 · est 2024 · no financials extracted
2y
BLASTCO LIMITED
SC309911 · est 2006 · no financials extracted
19y
BROCKLOCH HOLDINGS LTD
SC863344 · est 2025 · no financials extracted
CHARLESFORT HOLDINGS LTD
SC477202 · est 2014 · no financials extracted
11y
CLYDCO LIMITED
SC436498 · est 2012 · no financials extracted
13y
CLYDEBUILT HOLDINGS LIMITED
SC561813 · est 2017 · no financials extracted
9y
CLYDECO LIMITED
SC436499 · est 2012 · no financials extracted
13y
CLYDEX LIMITED
SC438743 · est 2012 · no financials extracted
13y
CN KAVANAGH HOLDINGS LTD
SC835781 · est 2025 · no financials extracted
1y
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
Incorporated2018-03-21
Jurisdictionscotland
Primary SIC64203 — Activities of construction holding companies

Registered office

Unit 4 Mayfield Industrial Estate, Galston Road
Hurlford
Kilmarnock
KA1 5EX
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (2 active · 0 resigned)

MCCUTCHEON, Bryce
director · ~49y · appointed 2018-03-21
View their other companies + combined net worth →
Active
SNEDDON, Martin
director · ~58y · appointed 2018-03-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge09/07/202010/02/2026

Recent filings (27 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31