ALEXANDER MORRISON LIMITED
🌳Matureactive
SC038867 · ltd · incorporated 1963-05-31
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
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (68/100, director aged 52). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 48.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 48.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
35 officers (3 active, 35 linked, 26 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
218 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
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
4
filings
- • 2 accounts
- • 2 other
Counts from Companies House filing history.
Corporate timeline (87 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-12-16📄legacyaccounts · PARENT_ACC
- 2025-12-16📄legacyother · GUARANTEE2
- 2025-12-16📄legacyother · AGREEMENT2
- 2024-12-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-12-10📄legacyaccounts · PARENT_ACC
- 2024-12-10📄legacyother · AGREEMENT2
- 2024-12-10📄legacyother · GUARANTEE2
- 2024-01-11📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-01-11📄legacyaccounts · PARENT_ACC
- 2024-01-11📄legacyother · AGREEMENT2
- 2024-01-11📄legacyother · GUARANTEE2
- 2022-12-13📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-12-13📄legacyaccounts · PARENT_ACC
- 2022-12-13📄legacyother · GUARANTEE2
- 2022-12-13📄legacyother · AGREEMENT2
- 2022-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-12-17📄legacyaccounts · PARENT_ACC
- 2021-12-17📄legacyother · AGREEMENT2
- 2021-02-16➕AWG CORPORATE SERVICES LIMITED appointedcorporate-secretary
- 2021-02-16➖CLARKE, Elizabeth Ann Horlock resignedsecretary
- 2018-06-15➕ARTIS, David Roger appointeddirector
- 2018-06-15➖HOLLIGAN, Mario John resigneddirector
- 2016-06-30➕HOLLIGAN, Mario John appointeddirector
- 2016-06-30➖TULLY, Robert Charles resigneddirector
- 2015-04-01➕CLARKE, Elizabeth Ann Horlock appointedsecretary
- 2015-03-31➖SHEPHEARD, Geoffrey Arthur George resignedsecretary
- 2010-08-19➕AWG PROPERTY DIRECTOR LIMITED appointedcorporate-director
- 2008-12-19➖HOPE, John Alexander resigneddirector
- 2005-07-01➖TURNER, David Charles resignedsecretary
- 2005-03-15➖MACKAY, Alasdair resigneddirector
- 2004-10-15➕HOPE, John Alexander appointeddirector
- 2004-08-23➕SHEPHEARD, Geoffrey Arthur George appointedsecretary
- 2004-03-30➖CHAPLIN, Robin Philip Elton resigneddirector
- 2004-03-30➖ISHERWOOD, Simon John resigneddirector
- 2004-03-30➖MATHESON, Charles resigneddirector
- 2002-10-15➖GILLEN, Seamus Joseph resigneddirector
- 2002-08-19➖GILLEN, Seamus Joseph resignedsecretary
- 2002-08-19➕TURNER, David Charles appointedsecretary
- 2002-05-17➖FOX, Jacqueline Elizabeth resignedsecretary
- 2002-05-17➕GILLEN, Seamus Joseph appointedsecretary
- 2001-06-14➖MORRISON, John resignedsecretary
- 2001-06-14➖MORRISON, John resigneddirector
- 2001-05-29➖MORRISON, Gordon resigneddirector
- 2001-05-01➖ROBOTTOM, David resigneddirector
- 2001-04-02➕FOX, Jacqueline Elizabeth appointedsecretary
- 2001-04-02➕GILLEN, Seamus Joseph appointeddirector
- 2001-04-02➖MORRISON, Alexander Fraser, Sir Fraser Morrison resigneddirector
Showing most recent 50 of 87 events
Owner dependency
83/100
Critical — business is the founderThe 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 "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 63 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Awg Property Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Awg Property Limited
Corporate parent · holds 75-100% shares · board control
⬇
ALEXANDER MORRISON LIMITED
This company · SC038867
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 |
|---|---|---|---|---|
Awg Property Limited 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
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|---|---|---|---|---|---|---|---|
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| CUMMINGS PLUMBING LIMITED→ SC463623 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1963-05-31
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29
Officers (3 active · 32 resigned)
AWG CORPORATE SERVICES LIMITED→
Activecorporate-secretary · appointed 2021-02-16
View their other companies + combined net worth →
ARTIS, David Roger→
Activedirector · ~52y · appointed 2018-06-15
View their other companies + combined net worth →
AWG PROPERTY DIRECTOR LIMITED→
Activecorporate-director · appointed 2010-08-19
View their other companies + combined net worth →
CLARKE, Elizabeth Ann Horlock→
Resignedsecretary · appointed 2015-04-01 · resigned 2021-02-16
FOX, Jacqueline Elizabeth→
Resignedsecretary · appointed 2001-04-02 · resigned 2002-05-17
GILLEN, Seamus Joseph→
Resignedsecretary · appointed 2002-05-17 · resigned 2002-08-19
MACLENNAN, Norman Angus→
Resignedsecretary · resigned 1991-06-03
MORRISON, John→
Resignedsecretary · appointed 1991-06-03 · resigned 2001-06-14
SHEPHEARD, Geoffrey Arthur George→
Resignedsecretary · appointed 2004-08-23 · resigned 2015-03-31
TURNER, David Charles→
Resignedsecretary · appointed 2002-08-19 · resigned 2005-07-01
BISSELL, Michael John→
Resigneddirector · ~75y · resigned 1990-06-25
BOWDEN, David Christopher→
Resigneddirector · ~84y · resigned 1990-06-25
CHAPLIN, Robin Philip Elton→
Resigneddirector · ~73y · appointed 2000-06-30 · resigned 2004-03-30
CROSON, Roger Archibald→
Resigneddirector · ~84y · resigned 1998-07-23
FRASER, Michael James→
Resigneddirector · ~79y · appointed 1995-04-01 · resigned 2000-11-30
GILLEN, Seamus Joseph→
Resigneddirector · ~67y · appointed 2001-04-02 · resigned 2002-10-15
GOULD, Graham Stanley→
Resigneddirector · ~83y · appointed 2000-06-30 · resigned 2000-06-30
GREEN, Robert David→
Resigneddirector · ~71y · appointed 2000-06-30 · resigned 2000-10-23
HOLLIGAN, Mario John→
Resigneddirector · ~52y · appointed 2016-06-30 · resigned 2018-06-15
HOPE, John Alexander→
Resigneddirector · ~69y · appointed 2004-10-15 · resigned 2008-12-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 07/04/1992 | 06/11/1998 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 07/04/1992 | 06/11/1998 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/03/1989 | 16/11/1990 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 05/12/1977 | 08/04/1992 |
Recent filings (218 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-12-16
legacy
accounts · PARENT_ACC
2025-12-16
legacy
other · GUARANTEE2
2025-12-16
legacy
other · AGREEMENT2
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-12-10
legacy
accounts · PARENT_ACC
2024-12-10
legacy
other · AGREEMENT2
2024-12-10
legacy
other · GUARANTEE2
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-01-11
legacy
accounts · PARENT_ACC
2024-01-11
legacy
other · AGREEMENT2
2024-01-11
legacy
other · GUARANTEE2
2024-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25