ABERDYKE LIMITED

🌳Matureactive
SC052516 · ltd · incorporated 1973-03-12
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.
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 May 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 56). 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

5 live charges · 3 lenders · oldest 51.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 51.0 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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 14 with DOB)
85
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review 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
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-26
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  5. 2023-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-08-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-08-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-02-28
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  9. 2023-02-28
    📄
    legacy
    accounts · PARENT_ACC
  10. 2023-02-28
    📄
    legacy
    other · AGREEMENT2
  11. 2023-02-28
    📄
    legacy
    other · GUARANTEE2
  12. 2022-12-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-12-01
    🔒
    Charge registered #5
    Lender: Aldermore Bank PLC
  14. 2022-10-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2022-10-11
    🔓
    Charge satisfied #4
  16. 2022-09-02
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  17. 2022-09-02
    📄
    legacy
    capital · SH20
  18. 2022-09-02
    ⚠️
    legacy
    insolvency · CAP-SS
  19. 2022-09-02
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-08-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2022-08-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2022-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-07-31
    SMITH, Lorna Diana Montgomery appointed
    director
  24. 2005-08-17
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  25. 2005-05-20
    MACKINNONS SOLICITORS appointed
    corporate-secretary
  26. 2005-05-20
    SMITH, Edward Crosthwaite appointed
    director
  27. 2005-05-20
    TAILOR, Hasmukh Govind resigned
    secretary
  28. 2005-05-20
    DRAKE, Anthony Philip, Dr resigned
    director
  29. 2004-08-25
    🔓
    Charge satisfied #3
  30. 2002-11-18
    🔒
    Charge registered #3
    Lender: Cibc World Markets PLC
  31. 2001-12-28
    LISTER, Eric resigned
    secretary
  32. 2001-12-28
    TAILOR, Hasmukh Govind appointed
    secretary
  33. 2001-12-28
    BRODIE, Alasdair James William resigned
    director
  34. 2001-12-28
    COLE, Mark Augustus resigned
    director
  35. 2001-12-28
    LISTER, Eric resigned
    director
  36. 2001-12-28
    PIRIE, Alistair Campbell resigned
    director
  37. 2001-12-28
    SMITH, Edward resigned
    director
  38. 2001-01-31
    DENT, John David resigned
    director
  39. 2000-12-01
    COLE, Mark Augustus appointed
    director
  40. 2000-12-01
    DRAKE, Anthony Philip, Dr appointed
    director
  41. 2000-09-25
    HEAP, Frank Cedric, Dr resigned
    director
  42. 2000-09-01
    SMITH, Edward appointed
    director
  43. 1998-08-01
    BRODIE, Alasdair James William appointed
    director
  44. 1997-12-31
    REID, Gilbert William resigned
    director
  45. 1997-01-16
    🔓
    Charge satisfied #2
  46. 1997-01-16
    🔓
    Charge satisfied #1
  47. 1996-11-01
    LISTER, Eric appointed
    secretary
  48. 1996-11-01
    DENT, John David appointed
    director
  49. 1996-11-01
    LISTER, Eric appointed
    director
  50. 1996-05-09
    LINGARD, Phillip Charles resigned
    secretary
Showing most recent 50 of 61 events

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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple 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.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 53 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 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-09-02: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Edward Crosthwaite Smith
Individual · British · DOB 01/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting30/07/2022
Mrs Lorna Diana Montgomery Smith
Individual · British · DOB 07/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting30/07/2022
2 historic (ceased) PSCs
  • Mr Edward Crosthwaite Smithceased 30/09/2016· significant influence · firm interest
  • Norvite Animal Nutrition Company Limitedceased 30/07/2022· 75-100% shares · 75-100% voting · board control

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 →
🔒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
Incorporated1973-03-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Norvite Animal Nutrition Company Limited
Wardhouse
Insch
AB52 6YD
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (3 active · 16 resigned)

MACKINNONS SOLICITORS
corporate-secretary · appointed 2005-05-20
View their other companies + combined net worth →
Active
SMITH, Edward Crosthwaite
director · ~56y · appointed 2005-05-20
View their other companies + combined net worth →
Active
SMITH, Lorna Diana Montgomery
director · ~56y · appointed 2022-07-31
View their other companies + combined net worth →
Active
LINGARD, Phillip Charles
secretary · appointed 1995-01-16 · resigned 1996-05-09
Resigned
LISTER, Eric
secretary · appointed 1996-11-01 · resigned 2001-12-28
Resigned
TAILOR, Hasmukh Govind
secretary · appointed 2001-12-28 · resigned 2005-05-20
Resigned
FRASER & MULLIGAN
corporate-secretary · resigned 1991-06-13
Resigned
BRODIE, Alasdair James William
director · ~70y · appointed 1998-08-01 · resigned 2001-12-28
Resigned
COLE, Mark Augustus
director · ~61y · appointed 2000-12-01 · resigned 2001-12-28
Resigned
CROWE, Stuart Arthur
director · ~72y · appointed 1995-01-16 · resigned 1996-05-09
Resigned
DENT, John David
director · ~80y · appointed 1996-11-01 · resigned 2001-01-31
Resigned
DRAKE, Anthony Philip, Dr
director · ~62y · appointed 2000-12-01 · resigned 2005-05-20
Resigned
HEAP, Frank Cedric, Dr
director · ~87y · appointed 1995-01-16 · resigned 2000-09-25
Resigned
LINGARD, Phillip Charles
director · ~71y · appointed 1995-01-16 · resigned 1996-05-09
Resigned
LISTER, Eric
director · ~72y · appointed 1996-11-01 · resigned 2001-12-28
Resigned
MATHESON, Roy
director · ~81y · resigned 1995-01-16
Resigned
PIRIE, Alistair Campbell
director · ~89y · resigned 2001-12-28
Resigned
REID, Gilbert William
director · ~88y · resigned 1997-12-31
Resigned
SMITH, Edward
director · ~56y · appointed 2000-09-01 · resigned 2001-12-28
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property01/12/2022
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property17/08/200511/10/2022
satisfied
Cibc World Markets
Cibc World Markets PLC
Floating charge1 property18/11/200225/08/2004
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property06/08/198016/01/1997
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property14/05/197516/01/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (145 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
change-corporate-secretary-company-with-change-date
officers · CH04
2023-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-23
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-02-28
legacy
accounts · PARENT_ACC
2023-02-28
legacy
other · AGREEMENT2
2023-02-28
legacy
other · GUARANTEE2
2023-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-14