DEVONVALE BUILDING COMPANY (TILLICOULTRY) LIMITED

🌳Matureactive
SC097808 · ltd · incorporated 1986-03-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 14.5y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 14.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (59/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
148 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 (38 events)Click to expand
  1. 2025-08-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  2. 2025-08-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-07-14
    MCCORMICK, Gillian appointed
    secretary
  4. 2025-07-14
    GRAHAM, Andrew Murray resigned
    secretary
  5. 2025-06-03
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-06-03
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-06-03
    📄
    legacy
    other · AGREEMENT2
  8. 2025-06-03
    📄
    legacy
    other · GUARANTEE2
  9. 2025-02-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-02-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-02-06
    🔓
    Charge satisfied #1
  12. 2025-01-31
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC (As Security Agent and Security Trustee)
  13. 2025-01-23
    GRAHAM, Euan James appointed
    director
  14. 2025-01-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-07-29
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  16. 2024-07-29
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  17. 2024-07-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2024-07-29
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  19. 2024-07-29
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  20. 2024-05-30
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  21. 2024-05-30
    📄
    legacy
    accounts · PARENT_ACC
  22. 2024-05-30
    📄
    legacy
    other · AGREEMENT2
  23. 2024-05-30
    📄
    legacy
    other · GUARANTEE2
  24. 2023-10-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  25. 2023-09-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-09-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2023-09-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  28. 2023-09-26
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  29. 2023-09-22
    GRAHAM, Andrew Murray appointed
    director
  30. 2023-09-22
    GRAHAM, Andrew Murray appointed
    secretary
  31. 2023-09-22
    MEARNS, Gordon Lawrence resigned
    secretary
  32. 2023-09-22
    KNOWLES, George Smith resigned
    director
  33. 2023-09-22
    MEARNS, Gordon Lawrence resigned
    director
  34. 2022-08-16
    HOY, Thomas resigned
    director
  35. 2021-11-10
    MEARNS, Gordon Lawrence appointed
    director
  36. 2011-11-03
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  37. 2003-06-15
    KNOWLES JNR, George Smith resigned
    director
  38. 1986-03-13
    🏢
    Company incorporated
    As DEVONVALE BUILDING COMPANY (TILLICOULTRY) 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Sterling Furniture Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sterling Furniture Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
DEVONVALE BUILDING COMPANY (TILLICOULTRY) LIMITED
This company · SC097808

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%
NameSharesVoting rightsNature of controlNotified
Sterling Furniture Group Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated1986-03-13
Jurisdictionscotland
Primary SIC55900 — Other accommodation

Registered office

76 Moss Road
Tillicoultry
FK13 6NS
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-10
Last: 2025-07-27

Officers (3 active · 6 resigned)

MCCORMICK, Gillian
secretary · appointed 2025-07-14
View their other companies + combined net worth →
Active
GRAHAM, Andrew Murray
director · ~35y · appointed 2023-09-22
View their other companies + combined net worth →
Active
GRAHAM, Euan James
director · ~33y · appointed 2025-01-23
View their other companies + combined net worth →
Active
GRAHAM, Andrew Murray
secretary · appointed 2023-09-22 · resigned 2025-07-14
Resigned
MEARNS, Gordon Lawrence
secretary · resigned 2023-09-22
Resigned
HOY, Thomas
director · ~86y · resigned 2022-08-16
Resigned
KNOWLES, George Smith
director · ~97y · resigned 2023-09-22
Resigned
KNOWLES JNR, George Smith
director · ~64y · resigned 2003-06-15
Resigned
MEARNS, Gordon Lawrence
director · ~67y · appointed 2021-11-10 · resigned 2023-09-22
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC (As Security Agent and Security Trustee)
A registered charge31/01/2025
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property03/11/201106/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (148 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
appoint-person-secretary-company-with-name-date
officers · AP03
2025-08-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-06-03
legacy
accounts · PARENT_ACC
2025-06-03
legacy
other · AGREEMENT2
2025-06-03
legacy
other · GUARANTEE2
2025-06-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-01-23
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-07-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-29
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-07-29