ARDVORLICH ESTATE LIMITED

🌳Matureactive

SC035482 · ltd · incorporated 1960-07-13

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 16.2y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pursue

Active trading company with a 93-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 16.2y

85/100

ready

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

· Oldest live charge is 16.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

100 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	5	600

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

🔒Filing-note intelligence

3 signals 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-04-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
🔓
Charge satisfied #2
2024-04-18
🔓
Charge satisfied #1
2024-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-13
➖
STEWART, Laura resigned
director
2022-01-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-17
📄
resolution
resolution · RESOLUTIONS
2019-09-17
📄
capital-allotment-shares
capital · SH01
2019-03-12
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2011-12-01
➕
STEWART, Laura appointed
director
2010-06-21
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2010-05-04
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2002-01-09
➕
STEWART, James Alexander appointed
director
1960-07-13
🏢
Company incorporated
As ARDVORLICH ESTATE LIMITED

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

+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 93 — 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 93 years old. Natural succession window is now.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 66 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.)

Group structure

The Stewasrt Family Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

The Stewasrt Family Trust

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ARDVORLICH ESTATE LIMITED

This company · SC035482

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
The Stewasrt Family Trust Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

Active · Energy & utilities · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
NATHANS WASTE SAVERS LIMITED→ SC140595 · est 1992	£8.63M £6.22M–£11.05M	£23.10M	—	29900	33y	82	58y
COOLER AIR SERVICES LIMITED→ SC080543 · est 1982	—	—	£1.24M	—	43y	82	63y
HYDROTECHNICS LTD.→ SC172313 · est 1997	—	—	—	100	29y	82	58y
POWERMASTER COOLING LIMITED→ SC085282 · est 1983	—	—	£2.19M	—	42y	82	75y
INNOVATIVE ENVIRONMENTAL SERVICES LTD.→ SC243122 · est 2003	—	—	£822.6k	—	23y	81	62y
BALLIMORE HYDRO LIMITED→ SC410173 · est 2011	—	—	—	0	14y	80	73y
CALLANDER COMMUNITY HYDRO LIMITED→ SC395082 · est 2011 · no financials extracted	—	—	—	—	15y	80	78y
FOUNDRY STEELS LTD.→ SC281901 · est 2005	—	—	£948.4k	—	21y	80	71y
JOHN GRAHAM (METALS) LIMITED→ SC261633 · est 2004	—	—	£8.89M	—	22y	80	68y
LOCHDOCHART HYDRO→ SC310998 · est 2006 · no financials extracted	—	—	—	—	19y	80	61y
P.C. TEXTILE WIPERS LIMITED→ SC187271 · est 1998	—	—	£284.8k	—	28y	80	68y
TRONELL→ SC034165 · est 1959 · no financials extracted	—	—	—	—	67y	80	87y

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

Incorporated1960-07-13

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Ardvorlich

Lochearnhead

Perthshire

FK19 8QE

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-16

Last: 2026-04-02

Officers (4 active · 1 resigned)

STEWART, Virginia Mary→

secretary

View their other companies + combined net worth →

Active

STEWART, Alexander Donald→

director · ~93y

View their other companies + combined net worth →

Active

STEWART, James Alexander→

director · ~46y · appointed 2002-01-09

View their other companies + combined net worth →

Active

STEWART, Virginia Mary→

director · ~81y

View their other companies + combined net worth →

Active

STEWART, Laura→

director · ~46y · appointed 2011-12-01 · resigned 2022-04-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Virgin Money Clydesdale Bank PLC	Standard security	1 property	21/06/2010	18/04/2024
	satisfied	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	04/05/2010	18/04/2024

Recent filings (100 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-01-23

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-10-25

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-18

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-31

confirmation-statement-with-updates

confirmation-statement · CS01

2023-03-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-01-31

termination-director-company-with-name-termination-date

officers · TM01

2022-06-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-03-31

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-01-29

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-04-29