WESTERWOOD PROPERTIES (SCOTLAND) LIMITED

🌳Matureactive

SC114091 · ltd · incorporated 1988-10-19

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

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 61). 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 35.6y

35/100

too messy

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

· Oldest live charge is 35.6 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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

14 officers (6 active, 14 linked, 9 with DOB)

Ownership & PSC

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

Director network

14 connected companies via shared directors

Filing history

146 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 change-of-name

Last 180 days

filings

• 1 change-of-name
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (48 events)Click to expand

2026-03-31
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-11-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-28
➖
WALKER, Flora Margaret resigned
director
2025-10-28
📄
accounts-with-accounts-type-small
accounts · AA
2025-01-16
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-11-11
📄
accounts-with-accounts-type-small
accounts · AA
2024-10-10
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-03
📄
accounts-with-accounts-type-small
accounts · AA
2023-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-07
📄
accounts-with-accounts-type-small
accounts · AA
2022-01-24
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-04
📄
accounts-with-accounts-type-small
accounts · AA
2021-06-16
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-06-16
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-06-03
➕
ABERDEIN CONSIDINE SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2021-06-03
➖
ABERDEIN CONSIDINE & COMPANY resigned
corporate-secretary
2021-02-24
📄
change-person-director-company-with-change-date
officers · CH01
2020-12-10
📄
accounts-with-accounts-type-small
accounts · AA
2019-10-11
📄
accounts-with-accounts-type-small
accounts · AA
2019-03-01
➕
WADDELL, Emilyjane appointed
director
2019-03-01
➕
WATSON, Craig Russell appointed
director
2019-03-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-12-21
➖
AS COMPANY SERVICES LIMITED resigned
corporate-secretary
2016-12-15
➕
ABERDEIN CONSIDINE & COMPANY appointed
corporate-secretary
2016-07-05
🔓
Charge satisfied #5
2016-01-21
➖
WALKER, Edward Michael resigned
director
2016-01-13
🔓
Charge satisfied #4
2015-09-29
🔓
Charge satisfied #1
2015-08-03
🔒
Charge registered #5
Lender: Grange Estates (Newbattle) Limited
2014-10-07
🔒
Charge registered #4
Lender: Walker Group (Scotland) Limited
2012-05-15
➕
AS COMPANY SERVICES LIMITED appointed
corporate-secretary
2012-05-15
➖
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED resigned
corporate-secretary
2004-06-24
➕
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED appointed
corporate-secretary
2004-06-24
➖
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED resigned
corporate-secretary
2004-04-27
➖
WARDROP, Alexander Duncan resigned
director
2004-04-27
➖
WARDROP, Elizabeth Taylor resigned
director
1997-05-13
🔓
Charge satisfied #3
1997-02-14
➕
WALKER, Bruce Edward appointed
director
1997-02-14
➕
WALKER, Craig Anderson appointed
director
1997-02-14
➕
YOUNG, Fiona Margaret appointed
director
1997-02-14
➕
WALKER, Flora Margaret appointed
director
1997-02-14
➕
WARDROP, Elizabeth Taylor appointed
director
1995-12-20
🔒
Charge registered #3
Lender: Clydesdale Bank Public Limited Company
1995-04-26
🔓
Charge satisfied #2
1992-08-17
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1990-10-01
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1988-10-19
🏢
Company incorporated
As WESTERWOOD PROPERTIES (SCOTLAND) 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

-5 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

70/100

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.
secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 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.

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-03-31: certificate-change-of-name-company

Group structure

Grange Estates (Newbattle) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Grange Estates (Newbattle) Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

WESTERWOOD PROPERTIES (SCOTLAND) LIMITED

This company · SC114091

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
Grange Estates (Newbattle) Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% 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 · Property · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974	£117.8k £100.1k–£135.5k	—	£117.8k	—	52y	83	59y
CAIRN LETTING LIMITED→ SC210819 · est 2000	£40.0k £34.0k–£46.0k	—	£40.0k	—	25y	83	58y
AR (WELLMEADOW) LTD→ SC393743 · est 2011	£5.0k £4.2k–£5.7k	—	£5.0k	—	15y	83	59y
AMBASSADOR REAL ESTATE INVESTMENTS LTD→ SC393740 · est 2011	£100 £85–£115	—	£100	—	15y	83	59y
HOWE STREET PROPERTIES LIMITED→ SC435893 · est 2012	—	£24.9k	—	0	13y	84	65y
ROSS & LIDDELL LIMITED→ SC097770 · est 1986	—	—	—	100	40y	84	60y
AEROBLUE LIMITED→ SC185922 · est 1998 · no financials extracted	—	—	—	—	28y	83	73y
BALMORE ESTATES LIMITED→ SC435326 · est 2012	—	—	—	300	13y	83	60y
BEARSDEN SOLUTIONS LTD→ SC394655 · est 2011	—	—	—	100	15y	83	60y
BROOMPARK DEVELOPMENTS LIMITED→ SC156310 · est 1995 · no financials extracted	—	—	—	—	31y	83	85y
YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1988-10-19

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

18 Waterloo Street

Glasgow

G2 6DB

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-24

Last: 2026-01-10