BROXBURN PROPERTIES LAKES LTD

💤Zombieactive
SC632686 · ltd · incorporated 2019-06-07
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 5.0y

45/100
under pressure

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

  • · Oldest live charge is 5.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30

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

Recent activity

Last 30 days
3
filings
  • 1 officers
  • 1 persons-with-significant-control
  • 1 change-of-name
Last 90 days
4
filings
  • 1 officers
  • 1 persons-with-significant-control
  • 1 change-of-name
Last 180 days
4
filings
  • 1 officers
  • 1 persons-with-significant-control
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-03-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2026-03-30
    MORRISON, David Donald Corbett resigned
    director
  5. 2026-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-04-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-04-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  12. 2021-04-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-03-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-03-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-02-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-02-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-02-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2021-01-20
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2021-01-11
    CRUICKSHANK, Angus William resigned
    director
  21. 2021-01-11
    MORRISON, David Donald Corbett appointed
    director
  22. 2021-01-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2019-06-07
    🏢
    Company incorporated
    As BROXBURN PROPERTIES LAKES LTD
  24. 2019-06-07
    MORRISON, James Ross appointed
    director
  25. 2019-06-07
    CRUICKSHANK, Angus William appointed
    director
  26. 2019-06-07
    📄
    incorporation-company
    incorporation · NEWINC

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

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

Evidence: 2026-03-31: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Ross Morrison
Individual · Scottish · DOB 03/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting07/06/2019
2 historic (ceased) PSCs
  • Mr David Donald Corbett Morrisonceased 30/03/2026· 25-50% shares · 25-50% voting
  • Mr Angus William Cruickshankceased 11/01/2021· 25-50% 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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-06-07
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

56 Torridon Road
Broughty Ferry
Dundee
DD5 3JH
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (1 active · 2 resigned)

MORRISON, James Ross
director · ~60y · appointed 2019-06-07
View their other companies + combined net worth →
Active
CRUICKSHANK, Angus William
director · ~67y · appointed 2019-06-07 · resigned 2021-01-11
Resigned
MORRISON, David Donald Corbett
director · ~82y · appointed 2021-01-11 · resigned 2026-03-30
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
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge20/04/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-31
certificate-change-of-name-company
change-of-name · CERTNM
2026-03-31
accounts-with-accounts-type-dormant
accounts · AA
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-dormant
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-23
accounts-with-accounts-type-dormant
accounts · AA
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-dormant
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-07
accounts-with-accounts-type-dormant
accounts · AA
2022-03-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-04-27
accounts-with-accounts-type-dormant
accounts · AA
2021-04-16