DAWNSIDE DEVELOPMENTS LIMITED

🌳Matureactive
SC124035 · ltd · incorporated 1990-03-29
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 Sept 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

16 live charges · 9 lenders · oldest 35.9y

35/100
too messy

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

  • · Oldest live charge is 35.9 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 6 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Average employees111000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
  1. 2026-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-05
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  5. 2023-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2020-09-01
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2020-08-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-07-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-07-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-07-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2019-08-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2019-08-10
    🔓
    Charge satisfied #26
  16. 2019-05-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2018-09-25
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2018-09-24
    DONALDSON, Alistair appointed
    director
  20. 2018-09-23
    DONALDSON, Alistair appointed
    secretary
  21. 2018-09-23
    DONALDSON, James Kenneth resigned
    secretary
  22. 2018-09-23
    DONALDSON, James Kenneth resigned
    director
  23. 2017-06-07
    🔓
    Charge satisfied #25
  24. 2017-06-02
    🔓
    Charge satisfied #22
  25. 2017-06-02
    🔓
    Charge satisfied #20
  26. 2017-06-02
    🔓
    Charge satisfied #16
  27. 2017-06-02
    🔓
    Charge satisfied #11
  28. 2017-05-19
    🔓
    Charge satisfied #24
  29. 2017-05-11
    🔒
    Charge registered #26
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  30. 2009-02-26
    🔓
    Charge satisfied #21
  31. 2008-05-29
    🔓
    Charge satisfied #23
  32. 2008-05-20
    🔒
    Charge registered #25
    Lender: Lloyds Tsb Scotland PLC
  33. 2008-02-29
    🔒
    Charge registered #24
    Lender: Lloyds Tsb Scotland PLC
  34. 2008-02-28
    DONALDSON, James Kenneth appointed
    secretary
  35. 2008-02-28
    WALKER, Douglas Allison resigned
    secretary
  36. 2007-08-27
    DONALDSON, Gary Keith appointed
    director
  37. 2007-08-27
    DONALDSON, James Kenneth appointed
    director
  38. 2007-08-27
    DONALDSON, James Kenneth resigned
    director
  39. 2007-08-27
    DONALDSON, Margaret Govan resigned
    director
  40. 1998-02-23
    🔓
    Charge satisfied #14
  41. 1998-01-19
    🔒
    Charge registered #23
    Lender: Clydesdale Bank Public Limited Company
  42. 1997-01-06
    🔒
    Charge registered #22
    Lender: Clydesdale Bank Public Limited Company
  43. 1996-09-24
    🔒
    Charge registered #21
    Lender: Clydesdale Bank Public Limited Company
  44. 1994-06-06
    GIBB, Alastair Crofts resigned
    secretary
  45. 1994-06-06
    WALKER, Douglas Allison appointed
    secretary
  46. 1992-09-21
    🔒
    Charge registered #20
    Lender: The Royal Bank of Scotland PLC
  47. 1992-07-03
    DONALDSON, Margaret Govan appointed
    director
  48. 1991-12-31
    LOCK, Geoffrey Hampton resigned
    director
  49. 1991-07-01
    🔒
    Charge registered #16
    Lender: The Royal Bank of Scotland PLC
  50. 1991-06-21
    DONALDSON, James Kenneth appointed
    director
Showing most recent 50 of 73 events

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

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.

Group structure

Dawnside Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Dawnside Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
DAWNSIDE DEVELOPMENTS LIMITED
This company · SC124035

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
Dawnside Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
2 historic (ceased) PSCs
  • Mr James Kenneth Donaldsonceased 21/07/2020· significant influence
  • Mr Gary Keith Donaldsonceased 21/07/2020· significant influence

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
Incorporated1990-03-29
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Geddes House
Kirkton North
Livingston
West Lothian
EH54 6GU

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (3 active · 10 resigned)

DONALDSON, Alistair
secretary · appointed 2018-09-23
View their other companies + combined net worth →
Active
DONALDSON, Alistair
director · ~60y · appointed 2018-09-24
View their other companies + combined net worth →
Active
DONALDSON, Gary Keith
director · ~64y · appointed 2007-08-27
View their other companies + combined net worth →
Active
DONALDSON, James Kenneth
secretary · appointed 2008-02-28 · resigned 2018-09-23
Resigned
GIBB, Alastair Crofts
secretary · appointed 1991-05-20 · resigned 1994-06-06
Resigned
WALKER, Douglas Allison
secretary · appointed 1994-06-06 · resigned 2008-02-28
Resigned
COMBINED SECRETARIAL SERVICES LIMITED
corporate-nominee-secretary · appointed 1990-03-29 · resigned 1990-05-18
Resigned
RAE REID & STEPHENS WS
corporate-secretary · appointed 1990-05-18 · resigned 1991-05-20
Resigned
DONALDSON, James Kenneth
director · ~66y · appointed 2007-08-27 · resigned 2018-09-23
Resigned
DONALDSON, James Kenneth
director · ~87y · appointed 1991-06-21 · resigned 2007-08-27
Resigned
DONALDSON, Margaret Govan
director · ~90y · appointed 1992-07-03 · resigned 2007-08-27
Resigned
LOCK, Geoffrey Hampton
director · ~94y · appointed 1990-05-18 · resigned 1991-12-31
Resigned
COMBINED NOMINEES LIMITED
corporate-nominee-director · appointed 1990-03-29 · resigned 1990-05-18
Resigned

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

Mortgages & charges

16
Total charges
0
Outstanding
0
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge11/05/201710/08/2019
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property20/05/200807/06/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Floating charge1 property29/02/200819/05/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property19/01/199829/05/2008
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property06/01/199702/06/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/09/199626/02/2009
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Assignation of rent1 property21/09/199202/06/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/07/199102/06/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property21/06/199123/02/1998
satisfied
James Kenneth Donaldson
Standard security2 properties29/08/199002/06/2017
satisfied
Terence Neilson
Standard security1 property22/06/199003/09/1990
satisfied
Leslie Deans
Standard security1 property22/06/199003/09/1990
satisfied
Geoffrey Hampton Lock
Standard security1 property22/06/199003/09/1990
satisfied
Earl Black
Standard security1 property22/06/199003/09/1990
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/06/199008/10/1990
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/05/199008/10/1990

Recent filings (146 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-14
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-28
change-person-director-company-with-change-date
officers · CH01
2023-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
accounts-with-accounts-type-small
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
change-account-reference-date-company-current-extended
accounts · AA01
2020-09-01