BARNSPIRE PROPERTIES LIMITED

🌳Matureactive
SC082120 · ltd · incorporated 1983-03-08
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
year to Mar 2025
Net worth
£261.1k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 77/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 42.6y

35/100
too messy

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

  • · Oldest live charge is 42.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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
17 officers (5 active, 17 linked, 14 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
148 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
80/100Exceptional
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
77
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 £261,114
Net assets shrinking
Down £1,118 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£29k
Net Worth
£261k
~ YoY
Current Assets
£30k
↓ 3.1% YoY
Current Liabilities
£0£52k£105k£157k£210k£262kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£522.7k£524.3k
Current assets£30.0k£31.0k
Cash£29.0k
Debtors£878
Net assets£261.1k£262.2k

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
8
filings
  • 7 officers
  • 1 persons-with-significant-control
Last 180 days
11
filings
  • 7 officers
  • 2 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
  1. 2026-03-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-03-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-03-01
    GITTUS, Emma Jane appointed
    director
  5. 2026-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2026-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2026-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2026-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2026-02-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2025-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2025-11-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2025-06-02
    GITTUS, Emma Jane resigned
    director
  13. 2025-06-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2025-06-02
    📄
    capital-allotment-shares
    capital · SH01
  15. 2024-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2023-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-07-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2021-06-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2020-11-13
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  23. 2012-03-20
    🔓
    Charge satisfied #3
  24. 2012-02-28
    🔓
    Charge satisfied #4
  25. 2012-02-25
    🔓
    Charge satisfied #1
  26. 2011-04-01
    PLUMMER, Fiona Jayne resigned
    director
  27. 2011-04-01
    PLUMMER, Jennifer Zoe resigned
    director
  28. 2009-07-03
    GITTUS, Jill Louise appointed
    secretary
  29. 2009-07-03
    GITTUS, Jill Louise appointed
    director
  30. 2009-07-03
    GITTUS, John Robert appointed
    director
  31. 2009-07-03
    PLUMMER, Judith Mary resigned
    secretary
  32. 2009-07-03
    GITTUS, Emma Jane appointed
    director
  33. 2009-07-03
    GITTUS, Pamela Jean resigned
    director
  34. 2009-07-03
    PLUMMER, David John resigned
    director
  35. 2009-07-03
    PLUMMER, Fiona Jayne appointed
    director
  36. 2009-07-03
    PLUMMER, Jennifer Zoe appointed
    director
  37. 2009-07-03
    PLUMMER, Judith Mary resigned
    director
  38. 2005-01-24
    GITTUS, Pamela Jean appointed
    director
  39. 2002-12-02
    NEAVE, Francis Gordon Carnegy resigned
    director
  40. 2002-11-04
    🔓
    Charge satisfied #6
  41. 2002-04-11
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  42. 1999-05-26
    🔒
    Charge registered #4
    Lender: Anglo Irish Bank Corporation PLC
  43. 1999-05-12
    🔒
    Charge registered #3
    Lender: Anglo Irish Bank Corporation PLC
  44. 1999-02-22
    NEAVE, Francis Gordon Carnegy appointed
    director
  45. 1999-01-15
    GITTUS, Geoffrey appointed
    director
  46. 1997-01-20
    PLUMMER, Judith Mary appointed
    secretary
  47. 1995-09-30
    WEBB, Colin resigned
    director
  48. 1995-06-13
    🔓
    Charge satisfied #2
  49. 1995-03-01
    GITTUS, Pamela Jean resigned
    secretary
  50. 1995-03-01
    ARNOLD, John Peter resigned
    director
Showing most recent 50 of 57 events

Owner dependency

73/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — GITTUS, Emma Jane (same surname) appointed 2026-03-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 27 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

1 med ·
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
Miss Jill Louise Gittus
Individual · British · DOB 12/1979 · age 47
2550%
25-50% shares06/04/2016
Mr John Robert Gittus
Individual · British · DOB 03/1978 · age 48
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Miss Emma Jane Gittusceased 02/06/2025· 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 →

Similar companies

Active · Property · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AWA PROPERTY GROUP LIMITED
SC777359 · est 2023 · no financials extracted
2y
BADGER LAW LIMITED
SC796333 · est 2024 · no financials extracted
2y
BAILLIE PROPERTY INVESTMENTS LTD
SC746454 · est 2022 · no financials extracted
3y
BANDEATH HOLDINGS LIMITED
SC584868 · est 2018 · no financials extracted
8y
BANNERMAN DEVELOPMENTS LIMITED
SC080817 · est 1982 · no financials extracted
43y
BEACONS PLACE LIMITED
SC309904 · est 2006 · no financials extracted
19y
BEAMER STREET LTD
SC708440 · est 2021 · no financials extracted
4y
BEAUFORT HIGHLAND LODGES LIMITED
SC596969 · est 2018 · no financials extracted
7y
BEE LET PROPERTY LTD
SC862375 · est 2025 · no financials extracted
BELFORD SECURITIES LIMITED
SC030386 · est 1954 · no financials extracted
71y
BELHAVEN DEVELOPMENTS LTD
SC544489 · est 2016 · no financials extracted
9y
BELLARON 2 LIMITED
SC585382 · est 2018 · no financials extracted
8y
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
Incorporated1983-03-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

20 Rutland Square
Edinburgh
Mid Lothian
EH1 3EG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (5 active · 12 resigned)

GITTUS, Jill Louise
secretary · appointed 2009-07-03
View their other companies + combined net worth →
Active
GITTUS, Emma Jane
director · ~52y · appointed 2026-03-01
View their other companies + combined net worth →
Active
GITTUS, Geoffrey
director · ~81y · appointed 1999-01-15
View their other companies + combined net worth →
Active
GITTUS, Jill Louise
director · ~47y · appointed 2009-07-03
View their other companies + combined net worth →
Active
GITTUS, John Robert
director · ~48y · appointed 2009-07-03
View their other companies + combined net worth →
Active
GITTUS, Pamela Jean
secretary · resigned 1995-03-01
Resigned
PLUMMER, Judith Mary
secretary · appointed 1997-01-20 · resigned 2009-07-03
Resigned
ARNOLD, John Peter
director · ~94y · appointed 1990-09-07 · resigned 1995-03-01
Resigned
GITTUS, Emma Jane
director · ~52y · appointed 2009-07-03 · resigned 2025-06-02
Resigned
GITTUS, Geoffrey
director · ~81y · resigned 1995-03-01
Resigned
GITTUS, Pamela Jean
director · ~84y · appointed 2005-01-24 · resigned 2009-07-03
Resigned
NEAVE, Francis Gordon Carnegy
director · ~80y · appointed 1999-02-22 · resigned 2002-12-02
Resigned
PLUMMER, David John
director · ~84y · appointed 1987-07-09 · resigned 2009-07-03
Resigned
PLUMMER, Fiona Jayne
director · ~54y · appointed 2009-07-03 · resigned 2011-04-01
Resigned
PLUMMER, Jennifer Zoe
director · ~57y · appointed 2009-07-03 · resigned 2011-04-01
Resigned
PLUMMER, Judith Mary
director · ~82y · appointed 1995-03-01 · resigned 2009-07-03
Resigned
WEBB, Colin
director · ~99y · resigned 1995-09-30
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property11/04/200204/11/2002
satisfied
Anglo Irish Bank Corporation
Anglo Irish Bank Corporation PLC
Standard security2 properties26/05/199928/02/2012
satisfied
Anglo Irish Bank Corporation
Anglo Irish Bank Corporation PLC
Floating charge1 property12/05/199920/03/2012
satisfied
The Norwich Union Life Insurance Society
Legal charge1 property14/07/198913/06/1995
satisfied
Willoms & Glyns Bank
Willoms & Glyns Bank PLC
Legal charge1 property23/09/198325/02/2012

Recent filings (148 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
change-person-director-company-with-change-date
officers · CH01
2026-03-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-02
change-person-director-company-with-change-date
officers · CH01
2026-02-12
change-person-director-company-with-change-date
officers · CH01
2026-02-12
change-person-director-company-with-change-date
officers · CH01
2026-02-12
change-person-director-company-with-change-date
officers · CH01
2026-02-12
change-person-secretary-company-with-change-date
officers · CH03
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-05
termination-director-company-with-name-termination-date
officers · TM01
2025-06-02
capital-allotment-shares
capital · SH01
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-24