CARSWELL PROPERTIES LIMITED
🌳Matureactive
SC185788 · ltd · incorporated 1998-05-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 25.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 25.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 25.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 700 | 600 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-10-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-22📄capital-allotment-sharescapital · SH01
- 2025-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-29➖CARSWELL, John Stuart resigneddirector
- 2022-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-04-08🔓Charge satisfied #1
- 2011-06-01➕CARSWELL, Stuart appointeddirector
- 2011-06-01➕CARSWELL, John Stuart appointeddirector
- 2000-06-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1998-05-14🏢Company incorporatedAs CARSWELL PROPERTIES LIMITED
- 1998-05-14➕CARSWELL, John appointedsecretary
- 1998-05-14➕CARSWELL, Elizabeth Frances Ferguson Lindsay appointeddirector
- 1998-05-14➕CARSWELL, John appointeddirector
- 1998-05-14➕REID, Brian appointednominee-secretary
- 1998-05-14➖REID, Brian resignednominee-secretary
- 1998-05-14➕MABBOTT, Stephen appointednominee-director
- 1998-05-14➖MABBOTT, Stephen resignednominee-director
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Founder name in company name: Company name contains director surname "CARSWELL" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 28 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
90/100
Likely off-market candidateStrong 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.
- primary20+ year tenure: Director in role 28 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Carswell Individual · British · DOB 05/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/10/2025 |
Mr John Carswell Individual · British · DOB 02/1954 · age 72 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/05/2017 |
1 historic (ceased) PSC
- Mrs Elizabeth Frances Ferguson Lindsay Carswellceased 22/05/2019· 25-50% shares · 25-50% voting
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 · Construction · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROOKWOOD PLUMBING AND HEATING SCOTLAND LTD→ SC876566 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BROWN & MARTIN LTD→ SC647429 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BWR ELECTRICAL & SON LTD→ SC781997 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| C J ELECTRICAL CONTRACTORS DUNDEE LTD→ SC607300 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CAMERON BLACKSMITH (CHAPELTON) LTD→ SC663543 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CARE ELECTRICAL CONTRACTORS LIMITED→ SC500502 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CARSE OF GOWRIE KITCHENS LTD→ SC717805 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CASA BY SIVLE LTD→ SC541732 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CASTLE DEVELOPMENTS (WORMIT) LIMITED→ SC782888 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CASTLE GROUP SCOTLAND HOLDINGS LIMITED→ SC526356 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CBPH PLUMBING & HEATING LTD→ SC794257 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CC JOINERY DUNDEE LTD→ SC752198 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1998-05-14
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Newmains
Duncan Avenue
Arbroath
Angus
DD11 2BX
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08
Officers (4 active · 3 resigned)
Active
CARSWELL, Elizabeth Frances Ferguson Lindsay→
Activedirector · ~71y · appointed 1998-05-14
View their other companies + combined net worth →
CARSWELL, John→
Activedirector · ~72y · appointed 1998-05-14
View their other companies + combined net worth →
CARSWELL, Stuart→
Activedirector · ~40y · appointed 2011-06-01
View their other companies + combined net worth →
REID, Brian→
Resignednominee-secretary · appointed 1998-05-14 · resigned 1998-05-14
CARSWELL, John Stuart→
Resigneddirector · ~51y · appointed 2011-06-01 · resigned 2023-04-29
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1998-05-14 · resigned 1998-05-14
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/06/2000 | 08/04/2014 |
Recent filings (80 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-22
capital-allotment-shares
capital · SH01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-15
termination-director-company-with-name-termination-date
officers · TM01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-03
change-person-director-company-with-change-date
officers · CH01
2021-09-08
change-person-director-company-with-change-date
officers · CH01
2021-07-06