ARMITSCOT DEVELOPMENTS LIMITED

🌳Matureactive

SC053538 · ltd · incorporated 1973-07-05

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 45.4y 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

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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

5 live charges · 2 lenders · oldest 45.4y

50/100

clean up first

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

· Oldest live charge is 45.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — 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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

10 officers (5 active, 10 linked, 8 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

14 connected companies via shared directors

Filing history

139 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-12
➖
WALKER, Edward Michael resigned
director
2025-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-02
➕
WADDELL, Emilyjane appointed
director
2024-04-02
➖
WALKER, Flora Margaret resigned
director
2024-02-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2023-04-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-17
📄
change-person-director-company-with-change-date
officers · CH01
2012-02-17
➕
AS COMPANY SERVICES LIMITED appointed
corporate-secretary
2012-02-17
➖
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED resigned
corporate-nominee-secretary
1997-02-14
➕
WALKER, Craig Anderson appointed
director
1997-02-14
➕
YOUNG, Fiona Margaret appointed
director
1997-02-01
➕
WALKER, Bruce Edward appointed
director
1996-08-01
➖
WALKER, Bruce Edward resigned
director
1996-04-05
➖
SMITH, James Ian Hay resigned
director
1994-04-13
➕
WALKER, Bruce Edward appointed
director
1988-04-29
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
1987-10-13
🔓
Charge satisfied #6
1986-01-20
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
1985-09-06
🔒
Charge registered #5
Lender: Southern Developments Limited
1982-09-10
🔓
Charge satisfied #2
1982-09-10
🔓
Charge satisfied #1
1982-03-11
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1981-02-10
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1973-07-05
🏢
Company incorporated
As ARMITSCOT DEVELOPMENTS LIMITED

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Fiona Margaret Young Individual · British · DOB 12/1967 · age 59	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Craig Anderson Walker Individual · British · DOB 08/1971 · age 55	25–50%	25–50%	25-50% shares · 25-50% voting	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

Active · Construction · EH postcode area

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PEGASUS FIRE PROTECTION COMPANY LIMITED→ SC178102 · est 1997	£12.82M £9.16M–£16.48M	£12.52M	—	6300	28y	88	75y
MAXI CONSTRUCTION LIMITED→ SC048718 · est 1971	£9.09M £6.50M–£11.69M	—	—	40	55y	88	82y
THE EDINBURGH SCHOOLS PARTNERSHIP LIMITED→ SC206930 · est 2000	£8.27M £5.91M–£10.63M	—	—	0	26y	84	65y
JOHN G. MACKINTOSH LIMITED→ SC281061 · est 2005	£6.96M £4.97M–£8.95M	—	—	241	21y	88	66y
SERS ENERGY SOLUTIONS (SCOTLAND) LIMITED→ SC392085 · est 2011	£6.04M £4.31M–£7.76M	—	—	19	15y	85	69y
COLORADO CONSTRUCTION & ENGINEERING LIMITED→ SC311182 · est 2006	£3.04M £2.17M–£3.90M	£21.12M	—	3800	19y	87	64y
GORDON BOW PLANT HIRE LTD→ SC135116 · est 1991	£1.57M £1.12M–£2.02M	£9.21M	—	6200	34y	86	68y
GEORGE SHARKEY & SONS LIMITED→ SC164725 · est 1996	£779.7k £556.9k–£1.00M	—	—	68	30y	84	66y
OMEGA LIFT SERVICES LIMITED→ SC243098 · est 2003	£720.0k £514.3k–£925.7k	—	—	1600	23y	83	55y
DATS - DESIGN AND TRAINING SOLUTIONS LTD→ SC441708 · est 2013	£1.5k £1.1k–£1.9k	£81.2k	—	100	13y	100	59y
AMA CONSTRUCTION (EDINBURGH) LIMITED→ SC100586 · est 1986	—	—	—	2200	39y	83	73y
BALLINA CONSTRUCTION LIMITED→ SC280450 · est 2005	—	—	£215.2k	—	21y	83	58y

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.

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Company details

Statusactive

Typeltd

Incorporated1973-07-05

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

C/O Anderson Strathern Llp

58 Morrison Street

Edinburgh

EH3 8BP

Scotland

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2027-02-27

Last: 2026-02-13