ALBERT BARTLETT & SONS (LESLIE) LIMITED

🌳Matureactive
SC037899 · ltd · incorporated 1962-08-14
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 55.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
82/100
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
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 55.9y

70/100
ready

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

  • · Oldest live charge is 55.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2015-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-12-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-11-16
    MILLER, Sara appointed
    secretary
  14. 2015-11-16
    MCGUINNESS, Kenneth resigned
    secretary
  15. 2015-11-16
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2015-11-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2015-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2009-06-04
    🔓
    Charge satisfied #2
  19. 2006-08-25
    🔓
    Charge satisfied #1
  20. 2006-08-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2003-04-08
    BARTLETT, David resigned
    director
  22. 1999-01-28
    BARTLETT, Douglas resigned
    director
  23. 1994-12-19
    KIRKLAND, William Gibson resigned
    secretary
  24. 1994-12-19
    MCGUINNESS, Kenneth appointed
    secretary
  25. 1991-05-31
    BARTLETT, Ronnie Alexander appointed
    director
  26. 1990-08-31
    BARTLETT, James resigned
    director
  27. 1990-02-17
    BARTLETT, Alexander resigned
    director
  28. 1970-07-02
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  29. 1962-08-14
    🏢
    Company incorporated
    As ALBERT BARTLETT & SONS (LESLIE) LIMITED

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "BARTLETT" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — 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 70 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 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 64 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 Ronnie Bartlett
Individual · British · DOB 10/1963 · age 63
sig. influencesignificant influence06/04/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1962-08-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

New Monkland
251 Stirling Road
Airdrie
Lanarkshire
ML6 7SP

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (3 active · 6 resigned)

MILLER, Sara
secretary · appointed 2015-11-16
View their other companies + combined net worth →
Active
BARTLETT, Alan
director · ~70y
View their other companies + combined net worth →
Active
BARTLETT, Ronnie Alexander
director · ~63y · appointed 1991-05-31
View their other companies + combined net worth →
Active
KIRKLAND, William Gibson
secretary · resigned 1994-12-19
Resigned
MCGUINNESS, Kenneth
secretary · appointed 1994-12-19 · resigned 2015-11-16
Resigned
BARTLETT, Alexander
director · resigned 1990-02-17
Resigned
BARTLETT, David
director · ~65y · resigned 2003-04-08
Resigned
BARTLETT, Douglas
director · ~67y · resigned 1999-01-28
Resigned
BARTLETT, James
director · ~101y · resigned 1990-08-31
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property23/08/200604/06/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property02/07/197025/08/2006

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
accounts-with-accounts-type-dormant
accounts · AA
2025-12-19
accounts-with-accounts-type-dormant
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-dormant
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-19