LANDWARD SECURITIES (EDINBURGH) LIMITED

🌳Matureactive
SC052040 · ltd · incorporated 1972-12-18
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.
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 37.4y 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 snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£3.62M
book net assets
Opportunity
83/100
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 62-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 37.4y

65/100
clean up first

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

  • · Oldest live charge is 37.4 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: high (80/100)

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
118 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
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,616,304
Net assets shrinking
Down £51,485 YoY
Cash YoY
+96%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 96% YoY
Net Worth
£3.6m
↓ 1.4% YoY
Current Assets
£498k
↑ 9.7% YoY
Current Liabilities
—
£0£734k£1.5m£2.2m£2.9m£3.7mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-282023-11-28
Total assets£3.69M£3.74M
Current assets£498.5k£454.5k
Cash£2.4k£1.2k
Debtors£496.1k£453.3k
Net assets£3.62M£3.67M

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

🔒Filing-note intelligence

1 signal 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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-05-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2021-09-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-09-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2017-09-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2017-05-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2017-03-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-03-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-02-27
    ➖
    NIVEN, David Irvine resigned
    director
  17. 2017-02-27
    ➖
    NIVEN, Jennifer Frances Steedman resigned
    director
  18. 2017-02-15
    📄
    capital-allotment-shares
    capital · SH01
  19. 2013-10-22
    ➕
    BARR, Pamela Jane Irvine appointed
    secretary
  20. 2013-10-22
    ➖
    NIVEN, Jennifer Frances Steedman resigned
    secretary
  21. 2013-09-15
    ➖
    NIVEN, Graham Irvine resigned
    director
  22. 2008-07-15
    ➖
    DOUGLAS, David Ogilvy resigned
    director
  23. 2006-05-17
    🔓
    Charge satisfied #1
  24. 2005-11-22
    ➕
    BARR, Pamela Jane Irvine appointed
    director
  25. 2005-11-22
    ➕
    NIVEN, Lawrence Irvine appointed
    director
  26. 2005-11-22
    ➕
    NIVEN, David Irvine appointed
    director
  27. 2003-05-01
    ➕
    DOUGLAS, David Ogilvy appointed
    director
  28. 1990-07-17
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  29. 1989-02-09
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  30. 1989-02-03
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  31. 1972-12-18
    🏢
    Company incorporated
    As LANDWARD SECURITIES (EDINBURGH) LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 54 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
Mrs Pamela Jane Irvine Barr
Individual · British · DOB 05/1968 · age 58
25–50%
—25-50% shares25/01/2017
2 historic (ceased) PSCs
  • Mr Lawrence Irvine Nivenceased 20/04/2022· 25-50% voting · trust interest
  • Graham Niven Discretionary Trustceased 25/01/2017· 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

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
Incorporated1972-12-18
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

29 Hillpark Crescent
Edinburgh
EH4 7BG

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-11-28
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (3 active · 5 resigned)

BARR, Pamela Jane Irvine→
secretary · appointed 2013-10-22
View their other companies + combined net worth →
Active
BARR, Pamela Jane Irvine→
director · ~58y · appointed 2005-11-22
View their other companies + combined net worth →
Active
NIVEN, Lawrence Irvine→
director · ~62y · appointed 2005-11-22
View their other companies + combined net worth →
Active
NIVEN, Jennifer Frances Steedman→
secretary · resigned 2013-10-22
Resigned
DOUGLAS, David Ogilvy→
director · ~93y · appointed 2003-05-01 · resigned 2008-07-15
Resigned
NIVEN, David Irvine→
director · ~60y · appointed 2005-11-22 · resigned 2017-02-27
Resigned
NIVEN, Graham Irvine→
director · ~89y · resigned 2013-09-15
Resigned
NIVEN, Jennifer Frances Steedman→
director · ~87y · resigned 2017-02-27
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/07/1990—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/02/1989—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property03/02/198917/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-07