KILBARCHAN PROPERTIES LTD.

💤Zombieactive
SC193938 · ltd · incorporated 1999-03-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£106.5k
book net assets
Opportunity
82/100
Exceptional
🔔
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: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -46% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · oldest 24.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 24.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 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
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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £106,525
Net assets shrinking
Down £33,015 YoY
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£16k
↓ 46% YoY
Net Worth
£107k
↓ 24% YoY
Current Assets
£17k
↓ 48% YoY
Current Liabilities
—
£0£28k£56k£84k£112k£140kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Total assets£106.5k£139.5k
Current assets£16.5k£31.8k
Cash£16.2k£29.8k
Debtors£350£1.9k
Net assets£106.5k£139.5k

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 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2019-05-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2019-05-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2019-05-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-05-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2019-05-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-05-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2019-04-30
    ➕
    EDGAR, Marjory appointed
    secretary
  16. 2019-04-30
    ➖
    MCCRACKEN, Alistair David resigned
    secretary
  17. 2019-04-30
    ➖
    MCCRACKEN, Alistair David resigned
    director
  18. 2018-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-09-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  20. 2011-12-14
    ➖
    CAMPBELL, Robert Clive resigned
    director
  21. 2007-08-08
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  22. 2006-04-28
    ➕
    EDGAR, Alan appointed
    director
  23. 2006-02-27
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  24. 2002-05-17
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  25. 2002-03-15
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  26. 1999-03-03
    🏢
    Company incorporated
    As KILBARCHAN PROPERTIES LTD.
  27. 1999-03-03
    ➕
    MCCRACKEN, Alistair David appointed
    secretary
  28. 1999-03-03
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 1999-03-03
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 1999-03-03
    ➕
    CAMPBELL, Robert Clive appointed
    director
  31. 1999-03-03
    ➕
    MCCRACKEN, Alistair David appointed
    director
  32. 1999-03-03
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  33. 1999-03-03
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
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 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Marjorie Edgar
Individual · British · DOB 01/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting30/04/2019
Mr Alan Edgar
Individual · British · DOB 05/1955 · age 71
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Alistair David Mccrackenceased 30/04/2019· board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AKZ PROPERTIES LIMITED→
SC198072 · est 1999
£2.10M
£1.78M–£2.41M
—£2.10M—26y8283y
NMS PORTFOLIO LIMITED→
SC168894 · est 1996
£808.0k
£686.8k–£929.3k
—£808.0k—29y8375y
KENTALLEN ADVENTURE LTD.→
SC290827 · est 2005
£630.6k
£536.0k–£725.1k
—£630.6k—20y8268y
CITY LETS (GLASGOW) LIMITED→
SC160734 · est 1995
£622.8k
£529.4k–£716.2k
—£622.8k—30y8287y
FERNOCH LIMITED→
SC301506 · est 2006
£593.0k
£504.0k–£681.9k
—£593.0k—20y8273y
D M & S PROPERTIES LTD.→
SC295500 · est 2006
£570.4k
£484.8k–£655.9k
—£570.4k—20y8278y
GREENPORT LIMITED→
SC300747 · est 2006
£532.4k
£452.6k–£612.3k
—£532.4k—20y8272y
COLPROP LIMITED→
SC151689 · est 1994
£531.5k
£451.8k–£611.2k
—£531.5k—31y8284y
D.N. MUNRO LIMITED→
SC273184 · est 2004
£420.7k
£357.6k–£483.9k
—£420.7k—21y8258y
CORBEN LTD→
SC174048 · est 1997
£218.8k
£186.0k–£251.6k
—£218.8k—29y8268y
CK HAIR LTD.→
SC194511 · est 1999
£153.0k
£130.0k–£175.9k
—£153.0k—27y8260y
MILLTROUT LIMITED→
SC203257 · est 2000
£143.4k
£121.9k–£164.9k
—£143.4k—26y8269y
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
Incorporated1999-03-03
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Rowanlea
Linwood Road
Paisley
PA1 2TN
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (2 active · 5 resigned)

EDGAR, Marjory→
secretary · appointed 2019-04-30
View their other companies + combined net worth →
Active
EDGAR, Alan→
director · ~71y · appointed 2006-04-28
View their other companies + combined net worth →
Active
MCCRACKEN, Alistair David→
secretary · appointed 1999-03-03 · resigned 2019-04-30
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 1999-03-03 · resigned 1999-03-03
Resigned
CAMPBELL, Robert Clive→
director · ~73y · appointed 1999-03-03 · resigned 2011-12-14
Resigned
MCCRACKEN, Alistair David→
director · ~69y · appointed 1999-03-03 · resigned 2019-04-30
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 1999-03-03 · resigned 1999-03-03
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property08/08/2007—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property27/02/2006—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property17/05/2002—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property15/03/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-03-13