ANCASTER COURT LIMITED
🌳Matureactive
SC173743 · ltd · incorporated 1997-03-24
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 Mar 2025
Net worth
£421.2k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunityDistressed property with salvageable qualities — special-situations priority.
Opportunity 66/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
24 live charges · 3 lenders · oldest 25.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 25.4 years old — likely at or near maturity.
- · 3 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
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
115 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
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £421,238
Net assets shrinking
Down £73,667 YoY
Cash YoY
-13%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£38k
↓ 13% YoY
Net Worth
£421k
↓ 15% YoY
Current Assets
£38k
↓ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £906.0k | £979.5k |
| Current assets | £38.1k | £45.4k |
| Cash | £38.1k | £43.8k |
| Debtors | — | £1.6k |
| Net assets | £421.2k | £494.9k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-23🔒Charge registered #24Lender: The Royal Bank of Scotland PLC
- 2024-10-23🔒Charge registered #23Lender: The Royal Bank of Scotland PLC
- 2024-10-23🔒Charge registered #22Lender: The Royal Bank of Scotland PLC
- 2024-10-23🔒Charge registered #21Lender: The Royal Bank of Scotland PLC
- 2024-10-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-15➕SHERIDAN, Stewart Gunn appointeddirector
- 2024-10-15➕SHERIDAN, Victoria Jane appointeddirector
- 2024-10-15➖LYTHGOE, Joyce Agnes resignedsecretary
- 2024-10-15➖LYTHGOE, Andrew Clive resigneddirector
- 2024-10-15🔒Charge registered #20Lender: The Royal Bank of Scotland PLC
- 2024-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-02🔓Charge satisfied #14
- 2024-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-26🔓Charge satisfied #19
- 2024-01-26🔓Charge satisfied #18
- 2024-01-26🔓Charge satisfied #11
- 2024-01-26🔓Charge satisfied #10
- 2024-01-26🔓Charge satisfied #9
- 2024-01-26🔓Charge satisfied #8
- 2024-01-26🔓Charge satisfied #16
- 2024-01-26🔓Charge satisfied #15
- 2024-01-26🔓Charge satisfied #12
- 2023-02-10🔓Charge satisfied #13
- 2018-07-25🔓Charge satisfied #7
- 2018-07-25🔓Charge satisfied #17
- 2015-01-05🔒Charge registered #19Lender: Santander UK PLC
- 2014-12-23🔒Charge registered #18Lender: Santander UK PLC
- 2012-08-24🔒Charge registered #11Lender: Santander UK PLC
- 2012-08-24🔒Charge registered #10Lender: Santander UK PLC
- 2012-08-24🔒Charge registered #9Lender: Santander UK PLC
Showing most recent 50 of 75 events
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high · 1 med · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-06
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Haymarket Property (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Haymarket Property (Scotland) Limited
Corporate parent · holds 75-100% shares · board control
⬇
ANCASTER COURT LIMITED
This company · SC173743
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 |
|---|---|---|---|---|
Haymarket Property (Scotland) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/10/2024 |
2 historic (ceased) PSCs
- Mr Andrew Clive Lythgoeceased 15/10/2024· 25-50% shares
- Mrs Joyce Agnes Lythgoeceased 15/10/2024· 25-50% shares
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SEHGAL PROPERTIES LTD→ SC747414 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A&S HOLDINGS (SCOTLAND) LTD→ SC863877 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARDESSIE PROPERTIES LTD→ SC845181 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDTARAIG FARMING COMPANY LIMITED→ SC625621 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARGYLE 51 LIMITED→ SC783823 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMSTRONG REAL ESTATE LTD→ SC777195 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASPIDISTRA LIMITED→ SC049804 · est 1972 · no financials extracted | — | — | — | — | 54y | — | — |
| AST GLOBAL SOLUTIONS LIMITED→ SC883331 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASTAURIAS LIMITED→ SC836077 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AT HOME IN EDINBURGH LTD.→ SC383870 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ATC PROPERTY INVESTMENT LTD→ SC657154 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ATELIER CRAFTED LIMITED→ SC702283 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1997-03-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
9 Ainslie Place
Edinburgh
EH3 6AT
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-06OVERDUE
Last: 2025-03-23
Officers (2 active · 3 resigned)
SHERIDAN, Stewart Gunn→
Activedirector · ~58y · appointed 2024-10-15
View their other companies + combined net worth →
SHERIDAN, Victoria Jane→
Activedirector · ~56y · appointed 2024-10-15
View their other companies + combined net worth →
LYTHGOE, Joyce Agnes→
Resignedsecretary · appointed 1997-03-24 · resigned 2024-10-15
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-03-24 · resigned 1997-03-24
LYTHGOE, Andrew Clive→
Resigneddirector · ~69y · appointed 1997-03-24 · resigned 2024-10-15
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
5
Outstanding
1
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/10/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/10/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/10/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/10/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 15/10/2024 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 05/01/2015 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 23/12/2014 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Assignation of rents | 1 property | 24/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Assignation of rents | 1 property | 24/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Assignation of rents | 1 property | 24/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Assignation of rents | 1 property | 24/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Assignation of rents | 1 property | 24/08/2012 | 25/07/2018 | |
| satisfied | Santander Santander UK PLC | Standard security | 1 property | 23/08/2012 | 25/07/2018 | |
| satisfied | Santander Santander UK PLC | Standard security | 1 property | 23/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Standard security | 1 property | 23/08/2012 | 26/01/2024 | |
| satisfied | Santander Santander UK PLC | Standard security | 1 property | 23/08/2012 | 02/02/2024 | |
| satisfied | Santander Santander UK PLC | Standard security | 1 property | 23/08/2012 | 10/02/2023 | |
| satisfied | Santander Santander UK PLC | Floating charge | 1 property | 16/08/2012 | 26/01/2024 | |
| satisfied | Newcastle Building Society | Standard security | 1 property | 17/03/2005 | 23/08/2012 | |
| satisfied | Newcastle Building Society | Deed of assignation of rents and other income | 1 property | 07/07/2002 | 23/08/2012 | |
| satisfied | Newcastle Building Society | Standard security | 1 property | 28/06/2002 | 15/03/2012 | |
| satisfied | Newcastle Building Society | Standard security | 1 property | 19/12/2000 | 14/08/2012 | |
| satisfied | Newcastle Building Society | Assignment of rents | 1 property | 14/12/2000 | 14/08/2012 | |
| satisfied | Newcastle Building Society | Floating charge | 1 property | 14/12/2000 | 24/08/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (115 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-22
termination-director-company-with-name-termination-date
officers · TM01
2024-10-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22