KINNEIL DEVELOPMENT COMPANY LIMITED
🌳Matureactive
SC122967 · ltd · incorporated 1990-02-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£665.9k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 89-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 89). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 20.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £665,906
Net assets shrinking
Down £28,248 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£666k
↓ 4.1% YoY
Current Assets
£517k
↓ 7.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £665.9k | £694.2k |
| Current assets | £517.1k | £559.0k |
| Net assets | £665.9k | £694.2k |
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
5
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Last 180 days
6
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-04-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-16➖CAREY, Frank resignedsecretary
- 2025-04-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-15➕RAE, Duncan Charles appointeddirector
- 2023-02-15➕RAE, Duncan Charles appointeddirector
- 2023-02-15➖RAE, Duncan Charles resigneddirector
- 2023-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2010-02-26➖BURGOYNE CAREY resignedcorporate-secretary
- 2008-10-23➕CAREY, Frank appointedsecretary
- 2008-10-23➕BURGOYNE CAREY appointedcorporate-secretary
- 2008-10-23➖W D HALL & COMPANY resignedcorporate-secretary
- 2007-11-19➕W D HALL & COMPANY appointedcorporate-secretary
- 2007-04-20➖RAE, Dorothy Helen resignedsecretary
- 2007-04-20➖RAE, Dorothy Helen resigneddirector
- 2006-06-13🔓Charge satisfied #2
- 2006-03-10🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2006-02-09🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1991-02-14➖RAE, Joseph Bolton resignedsecretary
- 1990-02-14🏢Company incorporatedAs KINNEIL DEVELOPMENT COMPANY LIMITED
- 1990-02-14➕RAE, Joseph Bolton appointeddirector
- 1990-02-14➕RAE, Joseph Bolton appointedsecretary
- 1990-02-14➕RAE, Dorothy Helen appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 89 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Joseph Rae Individual · British · DOB 04/1937 · age 89 | 75–100% | — | 75-100% shares | 14/02/2017 |
1 historic (ceased) PSC
- Mr Joseph Bolton Raeceased 14/02/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEMON2017 LIMITED→ SC573274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LHS ASSETS (SCOTLAND) LTD→ SC752575 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LI CORPORATE LTD→ SC765465 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LIDDELL BUCHANAN PROPERTIES LIMITED→ SC555387 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LILY THISTLE PROPERTY LTD→ SC772720 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1990-02-14
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
C/O Burgoyne Carey Pavilion 2
3 Dava Street
Glasgow
G51 2JA
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (2 active · 7 resigned)
RAE, Duncan Charles→
Activedirector · ~56y · appointed 2023-02-15
View their other companies + combined net worth →
RAE, Joseph Bolton→
Activedirector · ~89y · appointed 1990-02-14
View their other companies + combined net worth →
CAREY, Frank→
Resignedsecretary · appointed 2008-10-23 · resigned 2025-04-16
RAE, Dorothy Helen→
Resignedsecretary · resigned 2007-04-20
RAE, Joseph Bolton→
Resignedsecretary · appointed 1990-02-14 · resigned 1991-02-14
BURGOYNE CAREY→
Resignedcorporate-secretary · appointed 2008-10-23 · resigned 2010-02-26
W D HALL & COMPANY→
Resignedcorporate-secretary · appointed 2007-11-19 · resigned 2008-10-23
RAE, Dorothy Helen→
Resigneddirector · ~90y · appointed 1990-02-14 · resigned 2007-04-20
RAE, Duncan Charles→
Resigneddirector · ~56y · appointed 2023-02-15 · resigned 2023-02-15
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 10/03/2006 | 13/06/2006 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 09/02/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
appoint-person-director-company-with-name-date
officers · AP01
2026-03-19
termination-director-company-with-name-termination-date
officers · TM01
2026-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-05
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-03
appoint-person-director-company-with-name-date
officers · AP01
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23