CONDIE & CO HOLDINGS LIMITED
🌱Startupactive
SC811255 · ltd · incorporated 2024-05-22
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
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (63/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 1.7y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.7 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (62/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (6 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-01-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-01➕LAMMERTSMA, Remy Adriaan appointeddirector
- 2025-12-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-30➖MCMULLAN, Steve resigneddirector
- 2025-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-21🔒Charge registered #4Lender: Kroll Trustee Services Limited (As Security Agent for the Secured Parties)
- 2025-05-21🔒Charge registered #3Lender: Kroll Trustee Services Limited (As Security Agent for the Secured Parties)
- 2025-04-17📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21🔓Charge satisfied #2
- 2025-02-21🔓Charge satisfied #1
- 2025-01-16📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-08-24📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-08-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-14📄memorandum-articlesincorporation · MA
- 2024-08-14📄resolutionresolution · RESOLUTIONS
- 2024-08-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-12🔒Charge registered #2Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
- 2024-08-12🔒Charge registered #1Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Trustee for the Secured Parties
- 2024-06-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-17📄memorandum-articlesincorporation · MA
- 2024-06-17📄resolutionresolution · RESOLUTIONS
- 2024-06-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-12📄resolutionresolution · RESOLUTIONS
- 2024-06-11➕FARMER, Roy Edward appointeddirector
- 2024-06-11➕MCNEILLY, Richard Charles appointeddirector
- 2024-06-11➕MCMULLAN, Steve appointeddirector
- 2024-05-22🏢Company incorporatedAs CONDIE & CO HOLDINGS LIMITED
- 2024-05-22➕CONDIE, Jason Ian appointeddirector
- 2024-05-22➕HOGG, Pauline Joanne appointeddirector
- 2024-05-22➕NELSON, Linda appointeddirector
Owner dependency
60/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "CONDIE" — strong identity link between founder and business.
- +Young company: Only 1.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mcbrewer Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mcbrewer Bidco Limited
Corporate parent · holds 75-100% shares · board control
⬇
CONDIE & CO HOLDINGS LIMITED
This company · SC811255
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 |
|---|---|---|---|---|
Mcbrewer Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/06/2024 |
3 historic (ceased) PSCs
- Mr Jason Ian Condieceased 11/06/2024· 25-50% shares · 25-50% voting · board control
- Mrs Pauline Joanne Hoggceased 11/06/2024· 25-50% shares · 25-50% voting · board control
- Mrs Linda Nelsonceased 11/06/2024· 25-50% shares · 25-50% voting · board control
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
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|---|---|---|---|---|---|---|---|
| GARVOCK HOLDINGS LTD→ SC794070 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GMS SERVICES (FIFE) LTD→ SC755212 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GR HUGHES PROPERTY MANAGEMENT LIMITED→ SC621816 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| HALLEY PROPERTY LTD→ SC800031 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| HOME-START LEVENMOUTH→ SC280872 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| HONEYSUCKLE TAXIS LIMITED→ SC330436 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| JERKS HOLDINGS LIMITED→ SC686208 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| JUSTIN HUGHES LTD→ SC778945 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| K M DUNCAN AGRICULTURAL ENGINEERING LIMITED→ SC447955 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| KAYDANIC HOLDINGS LTD→ SC854044 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KDM ENTERPRISES LIMITED→ SC680884 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2024-05-22
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
10 Abbey Park Place
Dunfermline
KY12 7NZ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21
Officers (6 active · 1 resigned)
CONDIE, Jason Ian→
Activedirector · ~45y · appointed 2024-05-22
View their other companies + combined net worth →
FARMER, Roy Edward→
Activedirector · ~55y · appointed 2024-06-11
View their other companies + combined net worth →
HOGG, Pauline Joanne→
Activedirector · ~55y · appointed 2024-05-22
View their other companies + combined net worth →
LAMMERTSMA, Remy Adriaan→
Activedirector · ~48y · appointed 2026-01-01
View their other companies + combined net worth →
MCNEILLY, Richard Charles→
Activedirector · ~55y · appointed 2024-06-11
View their other companies + combined net worth →
NELSON, Linda→
Activedirector · ~51y · appointed 2024-05-22
View their other companies + combined net worth →
MCMULLAN, Steve→
Resigneddirector · ~52y · appointed 2024-06-11 · resigned 2025-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services (As Security Agent for the Secured Parties) Kroll Trustee Services Limited (As Security Agent for the Secured Parties) | A registered charge | — | 21/05/2025 | — | |
| outstanding | Kroll Trustee Services (As Security Agent for the Secured Parties) Kroll Trustee Services Limited (As Security Agent for the Secured Parties) | A registered charge | — | 21/05/2025 | — | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Agent) | A registered charge | 1 property | 12/08/2024 | 21/02/2025 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Trustee for the Secured Parties | A registered charge | 1 property | 12/08/2024 | 21/02/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
accounts-with-accounts-type-dormant
accounts · AA
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-04-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21
change-account-reference-date-company-current-shortened
accounts · AA01
2025-01-16
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-21
memorandum-articles
incorporation · MA
2024-08-14
resolution
resolution · RESOLUTIONS
2024-08-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-14