BELGRAVE HOMES (SCOTLAND) LIMITED

🌳Matureactive
SC184513 · ltd · incorporated 1998-04-03
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 Nov 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 72). Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 25.1y

35/100
too messy

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

  • · Oldest live charge is 25.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
74
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
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
1
filing
  • • 1 address
Last 90 days
2
filings
  • • 1 address
  • • 1 persons-with-significant-control
Last 180 days
2
filings
  • • 1 address
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2026-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-07-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-12-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-12-13
    🔓
    Charge satisfied #5
  8. 2024-12-13
    🔓
    Charge satisfied #4
  9. 2024-09-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2024-09-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-08-02
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  13. 2024-08-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-09-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2022-11-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2021-12-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2020-11-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2019-09-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2018-09-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2004-01-09
    ➕
    MACKIE, Alexander Wilson appointed
    secretary
  21. 2004-01-09
    ➕
    MACKIE, Alexander Wilson appointed
    director
  22. 2004-01-09
    ➕
    MACKIE, Diane Alice appointed
    director
  23. 2004-01-09
    ➖
    DANIEL, Audrey resigned
    secretary
  24. 2004-01-09
    ➖
    BURDEN, Margaret Dodds resigned
    director
  25. 2004-01-09
    ➖
    DANIEL, Audrey resigned
    director
  26. 2004-01-09
    ➖
    MCCULLY, Ian Stanley resigned
    director
  27. 2002-07-18
    ➖
    JACK, Gary resigned
    director
  28. 2002-07-18
    ➕
    MCCULLY, Ian Stanley appointed
    director
  29. 2001-08-23
    🔓
    Charge satisfied #3
  30. 2001-08-23
    🔓
    Charge satisfied #1
  31. 2001-08-17
    ➕
    JACK, Gary appointed
    director
  32. 2001-07-23
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  33. 2001-07-23
    🔓
    Charge satisfied #2
  34. 2001-07-05
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  35. 2001-03-30
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  36. 2001-03-21
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  37. 2001-03-21
    🔒
    Charge registered #1
    Lender: The Dean Cemetry Trust Limited
  38. 1998-04-27
    ➕
    DANIEL, Audrey appointed
    secretary
  39. 1998-04-27
    ➖
    REID, Brian resigned
    nominee-secretary
  40. 1998-04-27
    ➕
    BURDEN, Margaret Dodds appointed
    director
  41. 1998-04-27
    ➕
    DANIEL, Audrey appointed
    director
  42. 1998-04-27
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  43. 1998-04-03
    🏢
    Company incorporated
    As BELGRAVE HOMES (SCOTLAND) LIMITED
  44. 1998-04-03
    ➕
    REID, Brian appointed
    nominee-secretary
  45. 1998-04-03
    ➕
    MABBOTT, Stephen appointed
    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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — 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 72 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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 · 1 low
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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

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

🏛️
Rdm Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BELGRAVE HOMES (SCOTLAND) LIMITED
This company · SC184513

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Rdm Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr Alex Wilson Mackie
Individual · Scottish · DOB 03/1954 · age 72
——sig. influencesignificant influence06/04/2016
Mrs Diane Alice Mackie
Individual · Scottish · DOB 05/1956 · age 70
——sig. influencesignificant influence06/04/2016

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 →

Similar companies

Active · Property · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BANDEATH HOLDINGS LIMITED→
SC584868 · est 2018 · no financials extracted
————8y——
BANNERMAN DEVELOPMENTS LIMITED→
SC080817 · est 1982 · no financials extracted
————43y——
BELHAVEN DEVELOPMENTS LTD→
SC544489 · est 2016 · no financials extracted
————9y——
BELLIS REALTY LTD→
SC841383 · est 2025 · no financials extracted
————1y——
BENCHMARK LETTINGS LIMITED→
SC595971 · est 2018 · no financials extracted
————7y——
BENNIE FAMILY HOLDINGS LIMITED→
SC816168 · est 2024 · no financials extracted
————1y——
BERGMARK PROPERTIES LTD→
SC707944 · est 2021 · no financials extracted
————4y——
BERNISDALE HOMES LIMITED→
SC055252 · est 1974 · no financials extracted
————52y——
BESPOKE PROPERTY DEVELOPMENTS LIMITED→
SC200930 · est 1999 · no financials extracted
————26y——
BEST FUTURE SOLUTIONS LTD.→
SC578556 · est 2017 · no financials extracted
————8y——
BH PROPERTY MANAGEMENT LTD→
SC875140 · est 2026 · no financials extracted
———————
BHASHINI PROPERTIES LIMITED→
SC679927 · est 2020 · no financials extracted
————5y——
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
Incorporated1998-04-03
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

55, Market Street Haddington
Market Street
Haddington
EH41 3JG
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (3 active · 7 resigned)

MACKIE, Alexander Wilson→
secretary · appointed 2004-01-09
View their other companies + combined net worth →
Active
MACKIE, Alexander Wilson→
director · ~72y · appointed 2004-01-09
View their other companies + combined net worth →
Active
MACKIE, Diane Alice→
director · ~70y · appointed 2004-01-09
View their other companies + combined net worth →
Active
DANIEL, Audrey→
secretary · appointed 1998-04-27 · resigned 2004-01-09
Resigned
REID, Brian→
nominee-secretary · appointed 1998-04-03 · resigned 1998-04-27
Resigned
BURDEN, Margaret Dodds→
director · ~84y · appointed 1998-04-27 · resigned 2004-01-09
Resigned
DANIEL, Audrey→
director · ~67y · appointed 1998-04-27 · resigned 2004-01-09
Resigned
JACK, Gary→
director · ~65y · appointed 2001-08-17 · resigned 2002-07-18
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-04-03 · resigned 1998-04-27
Resigned
MCCULLY, Ian Stanley→
director · ~65y · appointed 2002-07-18 · resigned 2004-01-09
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/07/200113/12/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property05/07/200113/12/2024
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property30/03/200123/07/2001
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property21/03/200123/08/2001
satisfied
The Dean Cemetry Trust
The Dean Cemetry Trust Limited
Standard security1 property21/03/200123/08/2001

Recent filings (108 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02
change-sail-address-company-with-old-address-new-address
address · AD02
2024-08-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-02
accounts-with-accounts-type-small
accounts · AA
2023-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16