BYSTONE ESTATES LIMITED

🌳Matureactive

SC100979 · ltd · incorporated 1986-09-22

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 37.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

19 live charges · oldest 37.6y

65/100

clean up first

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

· Oldest live charge is 37.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

19 charges (18/19 with lender, 19/19 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

Network not yet resolved

Filing history

179 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-04-30	2024-04-30
Total assets	—	£242.9k
Current assets	—	£279.9k
Cash	—	£146.9k
Debtors	—	£9.5k
Net assets	—	£232.4k
Average employees	0	—

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (63 events)Click to expand

2026-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-28
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-25
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-22
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-22
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-04
➕
GRIER, Heather appointed
director
2024-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-22
🔓
Charge satisfied #19
2022-06-22
🔓
Charge satisfied #18
2022-06-22
🔓
Charge satisfied #15
2022-06-22
🔓
Charge satisfied #13
2022-06-22
🔓
Charge satisfied #12
2022-06-22
🔓
Charge satisfied #6
2022-06-22
🔓
Charge satisfied #3
2022-06-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-06
🔓
Charge satisfied #1
2007-11-05
🔒
Charge registered #19
Lender: The Royal Bank of Scotland PLC
2006-02-08
🔓
Charge satisfied #14
2006-02-08
🔓
Charge satisfied #11
2006-02-08
🔓
Charge satisfied #10
2006-02-08
🔓
Charge satisfied #5
2006-02-08
🔓
Charge satisfied #9
2006-02-08
🔓
Charge satisfied #2
2004-10-18
🔒
Charge registered #18
Lender: The Royal Bank of Scotland PLC
2004-04-23
🔓
Charge satisfied #7
2004-04-23
🔓
Charge satisfied #4
2002-09-26
🔓
Charge satisfied #8
1999-08-10
🔓
Charge satisfied #17
1999-08-10
🔓
Charge satisfied #16
1998-06-22
🔒
Charge registered #17
Lender: The Royal Bank of Scotland PLC
1998-04-07
🔒
Charge registered #16
Lender: The Royal Bank of Scotland PLC
1997-09-01
🔒
Charge registered #15
Lender: The Royal Bank of Scotland PLC
1997-05-15
🔒
Charge registered #14
Lender: The Royal Bank of Scotland PLC
1997-05-15
🔒
Charge registered #13
Lender: The Royal Bank of Scotland PLC
1991-05-01
➖
HOWISON, Edith Ruth Margaret resigned
director
1990-06-12
🔒
Charge registered #12
Lender: The Royal Bank of Scotland PLC

Showing most recent 50 of 63 events

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Long-tenure founder: Senior director has been in place 39 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

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
primary20+ year tenure: Director in role 39 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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mrs Caroline Margaret Howison Individual · British · DOB 06/1961 · age 65	50–75%	—	50-75% shares	01/05/2017

3 historic (ceased) PSCs

Mr Geoffrey Allan Howisonceased 09/06/2022· 50-75% shares
Mrs Caroline Margaret Howisonceased 09/06/2022· 50-75% shares
Mr Geoffrey Allan Howisonceased 01/05/2017· 50-75% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ARCHIE INSPECTION LIMITED→ SC849498 · est 2025 · no financials extracted	—	—	—	—	—	—	—
B&S ROPES LTD→ SC877820 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BD & JC DEVELOPMENTS LIMITED→ SC536533 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BLACK HILL LIFTING SOLUTIONS LTD→ SC866601 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BMAC BRICKWORK LIMITED→ SC825856 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BONNER PLANT HIRE LTD→ SC585828 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
BROTHER CONSTRUCTION LTD→ SC788595 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BUTE MANAGEMENT SERVICES LTD→ SC760727 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
BUTE PLUMBING SERVICES LIMITED→ SC838013 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CAIRN CONSTRUCTION LTD→ SC744683 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
CAIRN DEVELOPMENTS (SCO) LTD→ SC851644 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CAIRNDOW CIVIL CONTRACTS LTD→ SC832047 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated1986-09-22

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

Poll Schoolhouse

St. Catherines

Cairndow

Argyll

PA25 8AZ

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-09

Last: 2026-03-26

Officers (4 active · 1 resigned)

GRIER, Heather Anne→

secretary

View their other companies + combined net worth →

Active

GRIER, Heather→

director · ~81y · appointed 2025-04-04

View their other companies + combined net worth →

Active

HOWISON, Caroline Margaret→

director · ~65y · appointed 1987-02-11

View their other companies + combined net worth →

Active

HOWISON, Geoffrey Allan→

director · ~72y

View their other companies + combined net worth →

Active

HOWISON, Edith Ruth Margaret→

director · ~99y · resigned 1991-05-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:19 of 19 shown

		Type	Properties
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	05/11/2007	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	18/10/2004	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	22/06/1998	10/08/1999
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	07/04/1998	10/08/1999
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	01/09/1997	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	15/05/1997	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	15/05/1997	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	12/06/1990	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	28/07/1989	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	13/04/1989	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	31/03/1989	26/09/2002
satisfied	Unknown	Standard security	1 property	06/03/1989	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	23/04/2004
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	23/04/2004
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	22/06/2022
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	03/03/1989	08/02/2006
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	30/09/1988	06/06/2022

Recent filings (179 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-14

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-01-26

second-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP04CS01

2025-04-28

second-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP04CS01

2025-04-28

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-04-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-24

change-person-director-company-with-change-date

officers · CH01

2025-04-22

change-person-director-company-with-change-date

officers · CH01

2025-04-22

appoint-person-director-company-with-name-date

officers · AP01

2025-04-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-15

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2024-04-15

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-04-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-30

confirmation-statement-with-updates

confirmation-statement · CS01

2023-04-11