LEAGARTH ESTATES LIMITED

🌳Matureactive
SC032734 · ltd · incorporated 1957-12-17
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
—
year to Mar 2025
Net worth
£555.6k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (71/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (4 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
127 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
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £555,643

Key financials

2 years extracted from filed iXBRL accounts
Cash
£52k
Net Worth
£556k
↑ 7.8% YoY
Current Assets
£52k
Current Liabilities
—
£0£111k£222k£333k£445k£556kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£555.6k£515.6k
Current assets£51.7k—
Cash£51.7k—
Debtors£53—
Net assets£555.6k£515.6k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-02
    📄
    capital-allotment-shares
    capital · SH01
  4. 2023-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-12
    📄
    capital-allotment-shares
    capital · SH01
  7. 2023-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-03-16
    📄
    capital-allotment-shares
    capital · SH01
  10. 2021-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-03-02
    📄
    capital-allotment-shares
    capital · SH01
  13. 2019-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-21
    📄
    capital-allotment-shares
    capital · SH01
  15. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-04-03
    📄
    capital-allotment-shares
    capital · SH01
  17. 2014-09-11
    ➕
    CHEYNE, Alexander William David appointed
    director
  18. 2014-09-11
    ➕
    KORNICKA, Katherine Clare appointed
    director
  19. 2014-09-11
    ➖
    CHEYNE, Patrick John Lister, Sir resigned
    director
  20. 2014-04-25
    ➖
    CHEYNE, Andrew Watson resigned
    director
  21. 2013-07-02
    ➖
    CHEYNE, Cicely, Lady resigned
    director
  22. 2010-09-02
    ➕
    LANYON, Bridget Nelita appointed
    secretary
  23. 2010-09-01
    ➖
    CHEYNE, Andrew Watson resigned
    secretary
  24. 2008-01-15
    ➕
    CHEYNE, Patrick John Lister, Sir appointed
    director
  25. 2006-07-01
    ➕
    LANYON, Bridget Nelita appointed
    director
  26. 2006-07-01
    ➕
    CHEYNE, Cicely, Lady appointed
    director
  27. 2006-07-01
    ➖
    CHEYNE, Joseph Lister Watson, Sir resigned
    director
  28. 2006-04-02
    ➖
    CHEYNE, Laurel Audrey resigned
    director
  29. 1957-12-17
    🏢
    Company incorporated
    As LEAGARTH ESTATES LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100
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 71 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 68 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.)
🔒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
Incorporated1957-12-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Leagarth House
Fetlar
Shetland Islands
ZE2 9DJ

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (4 active · 6 resigned)

LANYON, Bridget Nelita→
secretary · appointed 2010-09-02
View their other companies + combined net worth →
Active
CHEYNE, Alexander William David→
director · ~46y · appointed 2014-09-11
View their other companies + combined net worth →
Active
KORNICKA, Katherine Clare→
director · ~46y · appointed 2014-09-11
View their other companies + combined net worth →
Active
LANYON, Bridget Nelita→
director · ~71y · appointed 2006-07-01
View their other companies + combined net worth →
Active
CHEYNE, Andrew Watson→
secretary · resigned 2010-09-01
Resigned
CHEYNE, Andrew Watson→
director · ~105y · resigned 2014-04-25
Resigned
CHEYNE, Cicely, Lady→
director · ~98y · appointed 2006-07-01 · resigned 2013-07-02
Resigned
CHEYNE, Joseph Lister Watson, Sir→
director · ~112y · resigned 2006-07-01
Resigned
CHEYNE, Laurel Audrey→
director · ~103y · resigned 2006-04-02
Resigned
CHEYNE, Patrick John Lister, Sir→
director · ~85y · appointed 2008-01-15 · resigned 2014-09-11
Resigned

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

Recent filings (127 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-31
capital-allotment-shares
capital · SH01
2024-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-19
capital-allotment-shares
capital · SH01
2023-03-12
change-person-director-company-with-change-date
officers · CH01
2023-01-19
change-person-director-company-with-change-date
officers · CH01
2023-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-03
capital-allotment-shares
capital · SH01
2022-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-30