LYNE PROPERTIES (EDINBURGH) LIMITED

🌳Matureactive
SC028226 · ltd · incorporated 1951-03-29
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 May 2025
Net worth
£1.12M
book net assets
Opportunity
83/100
Exceptional
🔔
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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 exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 67/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 64.0y

15/100
under pressure

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

  • · Oldest live charge is 64.0 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,115,173
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£141k
↓ 50% YoY
Net Worth
£1.1m
↑ 5.0% YoY
Current Assets
£141k
↓ 50% YoY
Current Liabilities
—
£0£223k£446k£669k£892k£1.1mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£1.12M£1.06M
Current assets£141.2k£284.7k
Cash£141.2k£284.7k
Net assets£1.12M£1.06M

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-25
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2017-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2016-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-10-04
    ➕
    JOHNSON, Gillian appointed
    director
  16. 2016-04-04
    ➕
    YOUNG, Robert William Fraser appointed
    director
  17. 2013-06-26
    ➖
    CALLANDER, Irene Margaret resigned
    director
  18. 2013-05-17
    ➕
    MORRISON, Karen appointed
    secretary
  19. 2013-03-28
    ➖
    BOYD, Andrew Alexander resigned
    secretary
  20. 2003-12-30
    🔓
    Charge satisfied #5
  21. 2000-05-17
    🔓
    Charge satisfied #3
  22. 2000-02-01
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  23. 1999-11-27
    ➖
    THOMSON, Alfred James resigned
    director
  24. 1995-05-26
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  25. 1993-08-12
    ➕
    MORRISON, Karen appointed
    director
  26. 1993-02-09
    ➕
    CALLANDER, Irene Margaret appointed
    director
  27. 1992-12-30
    ➖
    NELSON, Margaret Wightman resigned
    director
  28. 1990-03-20
    ➕
    THOMSON, Alfred James appointed
    director
  29. 1989-09-27
    ➖
    SMITH, John Mcgregor resigned
    director
  30. 1963-10-10
    🔒
    Charge registered #2
    Lender: Miss Jemima Walter Aitken
  31. 1962-05-11
    🔒
    Charge registered #1
    Lender: Mrs Mary Laidlaw
  32. 1951-03-29
    🏢
    Company incorporated
    As LYNE PROPERTIES (EDINBURGH) LIMITED

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 75 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Ms Karen Morrison
Individual · British · DOB 09/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting01/10/2021
Mrs Dorothy Morrison
Individual · British · DOB 03/1941 · age 85
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated1951-03-29
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

8 Kirk Park
Liberton
Edinburgh
EH16 6HZ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24

Officers (5 active · 5 resigned)

MORRISON, Karen→
secretary · appointed 2013-05-17
View their other companies + combined net worth →
Active
JOHNSON, Gillian→
director · ~61y · appointed 2016-10-04
View their other companies + combined net worth →
Active
MORRISON, Dorothy→
director · ~85y
View their other companies + combined net worth →
Active
MORRISON, Karen→
director · ~61y · appointed 1993-08-12
View their other companies + combined net worth →
Active
YOUNG, Robert William Fraser→
director · ~61y · appointed 2016-04-04
View their other companies + combined net worth →
Active
BOYD, Andrew Alexander→
secretary · resigned 2013-03-28
Resigned
CALLANDER, Irene Margaret→
director · ~95y · appointed 1993-02-09 · resigned 2013-06-26
Resigned
NELSON, Margaret Wightman→
director · ~122y · resigned 1992-12-30
Resigned
SMITH, John Mcgregor→
director · resigned 1989-09-27
Resigned
THOMSON, Alfred James→
director · ~100y · appointed 1990-03-20 · resigned 1999-11-27
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/02/200030/12/2003
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property26/05/199517/05/2000
outstanding
Miss Jemima Walter Aitken
Bond and disposition in security2 properties10/10/1963—
outstanding
Mrs Mary Laidlaw
Bond and disposition in security2 properties11/05/1962—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (114 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-24