DUNDAS BUILDING CO. LTD.
🌳Matureactive
SC059532 · ltd · incorporated 1976-03-05
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 43.0y 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
77/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · oldest 43.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 43.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
13 officers (6 active, 13 linked, 12 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-09-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-06📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-27➕WINTERS, Paul appointeddirector
- 2024-06-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-01📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-30➖CUMMING, David Mclean resigneddirector
- 2022-11-01📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-01➕MURPHY, William Andrew appointeddirector
- 2020-11-12📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-20➕SCOTT, Ian Stewart appointeddirector
- 2019-11-01📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-01➕CUMMING, David Mclean appointeddirector
- 2019-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-07-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-07-05➖MAITLAND, James George resigneddirector
- 2018-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-11-02➖DUNLOP, John Bruce resigneddirector
- 2018-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2018-09-28➖GLENDINNING, Alexander Martin resigneddirector
- 2012-11-30➖WALKER, Michael James resigneddirector
- 2007-04-01➕GLENDINNING, Alexander Martin appointeddirector
- 2007-04-01➕MAITLAND, James George appointeddirector
- 2003-07-31➖FREW, Andrew resigneddirector
- 1998-03-23➕FREW, Andrew appointeddirector
- 1997-08-27➖FORSYTH, William resigneddirector
- 1991-04-01➕FORSYTH, William appointeddirector
- 1991-01-11🔓Charge satisfied #4
- 1991-01-11🔓Charge satisfied #3
- 1991-01-11🔓Charge satisfied #2
- 1991-01-11🔓Charge satisfied #1
- 1985-08-27🔒Charge registered #4Lender: Tsb Bank Scotland PLC
- 1985-05-27🔒Charge registered #3Lender: Tsb Bank Scotland PLC
- 1985-05-27🔒Charge registered #2Lender: Tsb Bank Scotland PLC
- 1983-05-20🔒Charge registered #1Lender: Tsb Bank Scotland PLC
- 1976-03-05🏢Company incorporatedAs DUNDAS BUILDING CO. LTD.
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
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
James Walker (Leith) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
James Walker (Leith) Ltd
Corporate parent · holds 75-100% shares
⬇
DUNDAS BUILDING CO. LTD.
This company · SC059532
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 |
|---|---|---|---|---|
James Walker (Leith) Ltd Corporate entity | 75–100% | — | 75-100% shares | 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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 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 |
| LOCHAY HOMES LIMITED→ SC369988 · est 2009 | £5.04M £3.60M–£6.49M | — | — | 14 | 16y | 83 | 71y |
| 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 |
| 3 ED SISTERCO LIMITED→ SC328041 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 65y |
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
Incorporated1976-03-05
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Alderstone House
Macmillan Road
Livingston
EH54 7AW
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23
Officers (6 active · 7 resigned)
Active
Active
Active
MURPHY, William Andrew→
Activedirector · ~64y · appointed 2021-11-01
View their other companies + combined net worth →
SCOTT, Ian Stewart→
Activedirector · ~61y · appointed 2020-08-20
View their other companies + combined net worth →
WINTERS, Paul→
Activedirector · ~58y · appointed 2024-06-27
View their other companies + combined net worth →
CUMMING, David Mclean→
Resigneddirector · ~66y · appointed 2019-08-01 · resigned 2023-06-30
DUNLOP, John Bruce→
Resigneddirector · ~70y · resigned 2018-11-02
FORSYTH, William→
Resigneddirector · ~82y · appointed 1991-04-01 · resigned 1997-08-27
FREW, Andrew→
Resigneddirector · ~71y · appointed 1998-03-23 · resigned 2003-07-31
GLENDINNING, Alexander Martin→
Resigneddirector · ~73y · appointed 2007-04-01 · resigned 2018-09-28
MAITLAND, James George→
Resigneddirector · ~66y · appointed 2007-04-01 · resigned 2019-07-05
WALKER, Michael James→
Resigneddirector · ~90y · resigned 2012-11-30
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 | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 27/08/1985 | 11/01/1991 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 27/05/1985 | 11/01/1991 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 27/05/1985 | 11/01/1991 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 20/05/1983 | 11/01/1991 |
Recent filings (118 total)
accounts-with-accounts-type-full
accounts · AA
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-full
accounts · AA
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
appoint-person-director-company-with-name-date
officers · AP01
2024-06-27
accounts-with-accounts-type-full
accounts · AA
2023-11-01
termination-director-company-with-name-termination-date
officers · TM01
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-full
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
appoint-person-director-company-with-name-date
officers · AP01
2021-11-12
accounts-with-accounts-type-full
accounts · AA
2021-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-full
accounts · AA
2020-11-12
appoint-person-director-company-with-name-date
officers · AP01
2020-09-02