BUILDWAYS LIMITED

🌳Matureactive
SC035627 · ltd · incorporated 1960-09-06
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 31.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£652.9k
book net assets
Opportunity
82/100
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
Property-backed borrower with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (75/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · oldest 31.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 31.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
104 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
82/100Exceptional
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
80
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 · accounting standard not declared
Positive net assets
Net assets £652,940
Cash YoY
+3670%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£134k
↑ 3670% YoY
Net Worth
£653k
↑ 1.5% YoY
Current Assets
£136k
↑ 437% YoY
Current Liabilities
—
£0£131k£261k£392k£522k£653kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£652.9k£643.8k
Current assets£136.0k£25.3k
Cash£133.8k£3.5k
Debtors£2.2k£21.8k
Net assets£652.9k£643.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-11-28
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-09-07
    🔓
    Charge satisfied #1
  5. 2024-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2017-06-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-06-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-05-16
    ➕
    RANKIN, Jonathan Andrew appointed
    director
  18. 2017-05-16
    ➖
    RANKIN, Jennifer resigned
    secretary
  19. 1994-12-14
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  20. 1994-12-14
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  21. 1994-12-13
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  22. 1994-11-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  23. 1994-11-01
    ➕
    RANKIN, Ian Henry appointed
    director
  24. 1994-11-01
    ➕
    RANKIN, Jennifer appointed
    secretary
  25. 1994-11-01
    ➖
    RANKIN, Robert resigned
    secretary
  26. 1994-11-01
    ➖
    RANKIN, Margaret Stirling resigned
    director
  27. 1960-09-06
    🏢
    Company incorporated
    As BUILDWAYS LIMITED

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ian Henry Rankin
Individual · British · DOB 04/1954 · age 72
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Jennifer Frew Rankinceased 16/05/2017· 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

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
Incorporated1960-09-06
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Smithy Cottage
Dunure
Ayr
KA7 4LH

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23

Officers (2 active · 3 resigned)

RANKIN, Ian Henry→
director · ~72y · appointed 1994-11-01
View their other companies + combined net worth →
Active
RANKIN, Jonathan Andrew→
director · ~40y · appointed 2017-05-16
View their other companies + combined net worth →
Active
RANKIN, Jennifer→
secretary · appointed 1994-11-01 · resigned 2017-05-16
Resigned
RANKIN, Robert→
secretary · resigned 1994-11-01
Resigned
RANKIN, Margaret Stirling→
director · ~101y · resigned 1994-11-01
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties14/12/1994—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/12/1994—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties13/12/1994—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property04/11/199407/09/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
change-person-director-company-with-change-date
officers · CH01
2021-11-26
change-person-director-company-with-change-date
officers · CH01
2021-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-21