LINN & FORD LIMITED

🌳Matureactive
SC149535 · ltd · incorporated 1994-03-10
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£456.6k
book net assets
Opportunity
76/100
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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -49% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
101 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £456,643
Net assets shrinking
Down £180,872 YoY
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£185k
↓ 49% YoY
Net Worth
£457k
↓ 28% YoY
Current Assets
£185k
↓ 49% YoY
Current Liabilities
£0£128k£255k£383k£510k£638kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£456.6k£637.5k
Current assets£185.3k£362.9k
Cash£184.8k£361.7k
Debtors£478£1.2k
Net assets£456.6k£637.5k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2021-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-05-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-05-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-05-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-10-23
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  15. 2020-10-23
    📄
    legacy
    capital · SH20
  16. 2020-10-23
    ⚠️
    legacy
    insolvency · CAP-SS
  17. 2020-10-23
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2020-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2017-08-12
    COURAGE, Archibald Richard resigned
    secretary
  20. 2017-08-12
    COURAGE, Archibald Richard resigned
    director
  21. 1995-12-30
    HONLEY, Camilla Dorothy appointed
    director
  22. 1995-12-30
    KRUUK, Alice Victoria appointed
    director
  23. 1995-12-30
    STIRLING, Annabel Frances appointed
    director
  24. 1994-03-31
    COURAGE, Frances Elizabeth appointed
    director
  25. 1994-03-31
    GILLESPIE MACANDREW WS resigned
    corporate-secretary
  26. 1994-03-31
    COURAGE, Archibald Richard appointed
    director
  27. 1994-03-31
    GUY, William Liddell resigned
    director
  28. 1994-03-10
    🏢
    Company incorporated
    As LINN & FORD LIMITED
  29. 1994-03-10
    GILLESPIE MACANDREW WS appointed
    corporate-secretary
  30. 1994-03-10
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  31. 1994-03-10
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  32. 1994-03-10
    GUY, William Liddell appointed
    director
  33. 1994-03-10
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  34. 1994-03-10
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 86 — succession pressure is live.

Succession & seller-readiness

90/100
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 86 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-10-23: legacy

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Frances Elizabeth Courage
Individual · British · DOB 04/1940 · age 86
5075%
50–75%50-75% shares · 50-75% 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

8 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
Incorporated1994-03-10
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

The Ford
Tynron
Thornhill
Dumfries And Galloway
DG3 4DS
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (4 active · 6 resigned)

COURAGE, Frances Elizabeth
director · ~86y · appointed 1994-03-31
View their other companies + combined net worth →
Active
HONLEY, Camilla Dorothy
director · ~57y · appointed 1995-12-30
View their other companies + combined net worth →
Active
KRUUK, Alice Victoria
director · ~53y · appointed 1995-12-30
View their other companies + combined net worth →
Active
STIRLING, Annabel Frances
director · ~56y · appointed 1995-12-30
View their other companies + combined net worth →
Active
COURAGE, Archibald Richard
secretary · resigned 2017-08-12
Resigned
GILLESPIE MACANDREW WS
corporate-secretary · appointed 1994-03-10 · resigned 1994-03-31
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1994-03-10 · resigned 1994-03-10
Resigned
COURAGE, Archibald Richard
director · ~87y · appointed 1994-03-31 · resigned 2017-08-12
Resigned
GUY, William Liddell
director · ~90y · appointed 1994-03-10 · resigned 1994-03-31
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1994-03-10 · resigned 1994-03-10
Resigned

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

Recent filings (101 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-01
change-person-director-company-with-change-date
officers · CH01
2024-04-01
change-person-director-company-with-change-date
officers · CH01
2024-04-01
change-person-director-company-with-change-date
officers · CH01
2024-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-18