LONGMORN PROPERTY DEVELOPMENTS LIMITED

🌳Matureactive
SC130464 · ltd · incorporated 1991-03-11
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 34.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
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
Property-backed borrower with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

10 live charges · 2 lenders · oldest 34.1y

50/100
clean up first

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

  • · Oldest live charge is 34.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
125 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2025-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-09-08
    🔓
    Charge satisfied #1
  7. 2021-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2019-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2019-01-19
    🔓
    Charge satisfied #11
  17. 2019-01-19
    🔓
    Charge satisfied #10
  18. 2019-01-19
    🔓
    Charge satisfied #9
  19. 2019-01-19
    🔓
    Charge satisfied #8
  20. 2019-01-19
    🔓
    Charge satisfied #7
  21. 2019-01-19
    🔓
    Charge satisfied #5
  22. 2018-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2017-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2011-03-10
    🔓
    Charge satisfied #6
  25. 2010-04-01
    ➕
    MACKAY, Laura appointed
    secretary
  26. 2010-04-01
    ➖
    MACKAY, Moira resigned
    secretary
  27. 2009-06-02
    🔒
    Charge registered #11
    Lender: Clydesdale Bank PLC
  28. 2008-05-26
    🔒
    Charge registered #10
    Lender: Clydesdale Bank PLC
  29. 2008-05-23
    🔒
    Charge registered #9
    Lender: Clydesdale Bank PLC
  30. 2008-01-04
    🔒
    Charge registered #8
    Lender: Clydesdale Bank Public Limited Company
  31. 2007-11-16
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  32. 2004-02-22
    ➖
    MACKAY, Christopher resigned
    director
  33. 2004-02-22
    ➖
    MACKAY, Laura resigned
    director
  34. 2003-03-25
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  35. 2002-01-31
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  36. 2000-02-19
    ➕
    MACKAY, Christopher appointed
    director
  37. 2000-02-19
    ➕
    MACKAY, Laura appointed
    director
  38. 1999-09-16
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  39. 1997-10-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  40. 1992-03-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  41. 1991-04-02
    ➕
    MACKAY, Calum Og appointed
    director
  42. 1991-04-02
    ➕
    MACKAY, Moira appointed
    director
  43. 1991-04-02
    ➕
    MACKAY, Moira appointed
    secretary
  44. 1991-04-02
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  45. 1991-04-02
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  46. 1991-03-11
    🏢
    Company incorporated
    As LONGMORN PROPERTY DEVELOPMENTS LIMITED
  47. 1991-03-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  48. 1991-03-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 70 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 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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

Caledonia Property Newco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Caledonia Property Newco Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
LONGMORN PROPERTY DEVELOPMENTS LIMITED
This company · SC130464

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
Caledonia Property Newco Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

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
Incorporated1991-03-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

3 Lithe Lochan
Longmorn
Elgin
Morayshire
IV30 8SA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (3 active · 5 resigned)

MACKAY, Laura→
secretary · appointed 2010-04-01
View their other companies + combined net worth →
Active
MACKAY, Calum Og→
director · ~70y · appointed 1991-04-02
View their other companies + combined net worth →
Active
MACKAY, Moira→
director · ~68y · appointed 1991-04-02
View their other companies + combined net worth →
Active
MACKAY, Moira→
secretary · appointed 1991-04-02 · resigned 2010-04-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1991-03-11 · resigned 1991-04-02
Resigned
MACKAY, Christopher→
director · ~45y · appointed 2000-02-19 · resigned 2004-02-22
Resigned
MACKAY, Laura→
director · ~42y · appointed 2000-02-19 · resigned 2004-02-22
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1991-03-11 · resigned 1991-04-02
Resigned

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

Mortgages & charges

10
Total charges
2
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property02/06/200919/01/2019
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property26/05/200819/01/2019
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property23/05/200819/01/2019
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/01/200819/01/2019
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property16/11/200719/01/2019
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property25/03/200310/03/2011
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property31/01/200219/01/2019
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property16/09/1999—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/10/1997—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/03/199208/09/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-18