DALES PROPERTIES (SCOTLAND) LIMITED

🌳Matureactive

SC185833 · ltd · incorporated 1998-05-15

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 Dec 2023

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

ALSO REGISTERED FOR

82110Combined office administrative service activities

Investor take

Pursue

Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 27.7y

35/100

too messy

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

· Oldest live charge is 27.7 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (74/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

15 officers (2 active, 15 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

7 connected companies via shared directors

Filing history

157 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2023-12-31
Average employees	200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (61 events)Click to expand

2026-02-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-31
➖
STEEL, Andrew resigned
director
2025-08-07
📄
accounts-with-accounts-type-small
accounts · AA
2025-05-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-30
➖
O'BRIEN, Paul resigned
director
2024-07-02
📄
accounts-with-accounts-type-small
accounts · AA
2024-02-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-26
➕
ADAM-OWEN, Kaylea appointed
director
2024-01-26
➕
O'BRIEN, Paul appointed
director
2023-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2023-06-20
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-19
➖
MILNE, Michael resigned
director
2022-07-20
📄
accounts-with-accounts-type-small
accounts · AA
2022-04-27
📄
change-person-director-company-with-change-date
officers · CH01
2022-04-01
➕
PATERSON, Kevin appointed
director
2022-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-11-22
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2021-08-17
📄
accounts-with-accounts-type-small
accounts · AA
2021-05-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-05-06
📄
change-person-director-company-with-change-date
officers · CH01
2021-04-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-04
📄
memorandum-articles
incorporation · MA
2021-02-04
📄
resolution
resolution · RESOLUTIONS
2020-12-11
➖
DEW, Richard resigned
director
2020-12-10
🔒
Charge registered #8
Lender: Clydesdale Bank PLC
2020-12-10
🔒
Charge registered #7
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
2020-12-09
➖
LC SECRETARIES LIMITED resigned
corporate-secretary
2020-12-09
➖
ANTCZAK, Christopher Edward resigned
director
2020-12-09
➖
ANTCZAK, Kerry Ann resigned
director
2020-12-09
➕
DEW, Richard appointed
director
2020-12-09
➕
MILNE, Michael appointed
director
2020-12-09
➖
NICOL, Mary resigned
director
2020-12-09
➖
NICOL, Maurice James resigned
director
2020-12-09
➕
STEEL, Andrew appointed
director
2018-02-01
➕
LC SECRETARIES LIMITED appointed
corporate-secretary
2018-02-01
➖
STEWART & WATSON resigned
corporate-secretary
2016-07-26
🔓
Charge satisfied #6
2016-02-03
🔓
Charge satisfied #5
2012-12-18
🔒
Charge registered #6
Lender: Itca Limited
2010-04-21
➕
ANTCZAK, Christopher Edward appointed
director
2005-09-28
🔓
Charge satisfied #1
2004-05-10
🔓
Charge satisfied #4
2004-01-15
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
2004-01-14
➖
MACKIE, Graham Alexander resigned
secretary
2004-01-14
➕
STEWART & WATSON appointed
corporate-secretary
2002-12-30
🔓
Charge satisfied #2
2001-04-16
➕
ANTCZAK, Kerry Ann appointed
director

Showing most recent 50 of 61 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Dales Marine Services Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Dales Marine Services Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

DALES PROPERTIES (SCOTLAND) LIMITED

This company · SC185833

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
Dales Marine Services Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	29/09/2016

1 historic (ceased) PSC

Ker-An Properties Limitedceased 29/09/2016· 75-100% 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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GOODLAD PROPERTIES LIMITED→ SC278555 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
GORDON INVESTMENT CORPORATION LIMITED→ SC122112 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
GRAMPIAN HOMES LIMITED→ SC370080 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
GRAMPIAN PROPERTY BUYERS LTD→ SC711109 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRAND PROPERTIES ABERDEEN LTD→ SC712912 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRANITE CITY RENTALS LTD→ SC824447 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GRANTON SA LTD→ SC808064 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GREYMATTER PROPERTY INVESTMENTS LTD→ SC777380 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
GREYSTONES LETTINGS LTD→ SC852855 · est 2025 · no financials extracted	—	—	—	—	—	—	—
GRUHAM ASSETS LTD→ SC854448 · est 2025 · no financials extracted	—	—	—	—	—	—	—
GSS NEWBRIDGE LIMITED→ SC738460 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
GSX 46 LTD→ SC766545 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1998-05-15

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Dales Business Centre

25 York Street

Aberdeen

AB11 5DP

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-10-26

Last: 2025-10-12

Officers (2 active · 13 resigned)

ADAM-OWEN, Kaylea→

director · ~47y · appointed 2024-01-26

View their other companies + combined net worth →

Active

PATERSON, Kevin→

director · ~39y · appointed 2022-04-01

View their other companies + combined net worth →

Active

MACKIE, Graham Alexander→

secretary · appointed 1999-10-06 · resigned 2004-01-14

Resigned

LC SECRETARIES LIMITED→

corporate-secretary · appointed 2018-02-01 · resigned 2020-12-09

Resigned

STEWART & WATSON→

corporate-secretary · appointed 2004-01-14 · resigned 2018-02-01

Resigned

STRONACHS→

corporate-nominee-secretary · appointed 1998-05-15 · resigned 1999-10-06

Resigned

ANTCZAK, Christopher Edward→

director · ~49y · appointed 2010-04-21 · resigned 2020-12-09

Resigned

ANTCZAK, Kerry Ann→

director · ~51y · appointed 2001-04-16 · resigned 2020-12-09

Resigned

DEW, Richard→

director · ~46y · appointed 2020-12-09 · resigned 2020-12-11

Resigned

MILNE, Michael→

director · ~56y · appointed 2020-12-09 · resigned 2023-05-19

Resigned

NICOL, Mary→

director · ~82y · appointed 2001-04-16 · resigned 2020-12-09

Resigned

NICOL, Maurice James→

director · ~79y · appointed 1998-07-30 · resigned 2020-12-09

Resigned

O'BRIEN, Paul→

director · ~57y · appointed 2024-01-26 · resigned 2025-04-30

Resigned

RENNIE, David Alan→

nominee-director · ~73y · appointed 1998-05-15 · resigned 1998-07-30

Resigned

STEEL, Andrew→

director · ~64y · appointed 2020-12-09 · resigned 2025-12-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	Virgin Money Clydesdale Bank PLC	A registered charge	1 property	10/12/2020	—
outstanding	Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)	A registered charge	—	10/12/2020	—
satisfied	Itca Itca Limited	Standard security	1 property	18/12/2012	26/07/2016
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	15/01/2004	03/02/2016
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	15/10/1998	10/05/2004
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	04/09/1998	30/12/2002
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	24/08/1998	28/09/2005

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (157 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-02-25

confirmation-statement-with-updates

confirmation-statement · CS01

2025-10-16

accounts-with-accounts-type-small

accounts · AA

2025-08-07

termination-director-company-with-name-termination-date

officers · TM01

2025-05-20

confirmation-statement-with-updates

confirmation-statement · CS01

2024-10-25

accounts-with-accounts-type-small

accounts · AA

2024-07-02

appoint-person-director-company-with-name-date

officers · AP01

2024-02-12

appoint-person-director-company-with-name-date

officers · AP01

2024-02-12

confirmation-statement-with-updates

confirmation-statement · CS01

2023-10-12

change-person-director-company-with-change-date

officers · CH01

2023-10-10

change-person-director-company-with-change-date

officers · CH01

2023-10-10

accounts-with-accounts-type-small

accounts · AA

2023-06-20

termination-director-company-with-name-termination-date

officers · TM01

2023-05-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-12

accounts-with-accounts-type-small

accounts · AA

2022-07-20