ALBA LETTING LIMITED
🌳Matureactive
SC197744 · ltd · incorporated 1999-07-01
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 26.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£158.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueProperty-backed borrower with a 68-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
36 live charges · 2 lenders · oldest 26.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
36 charges (36/36 with lender, 36/36 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
135 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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £158,949
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £7,108 YoY
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£159k
↓ 4.3% YoY
Current Assets
£70k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £228.4k | £237.5k |
| Current assets | £69.7k | £78.8k |
| Net assets | £158.9k | £166.1k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (81 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30🔓Charge satisfied #14
- 2020-07-30🔓Charge satisfied #10
- 2020-07-30🔓Charge satisfied #7
- 2020-07-30🔓Charge satisfied #5
- 2020-07-30🔓Charge satisfied #1
- 2020-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-12-06📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2019-08-30🔒Charge registered #38Lender: Dean Blyth Norris
- 2017-02-09🔓Charge satisfied #33
- 2017-02-09🔓Charge satisfied #32
- 2017-02-09🔓Charge satisfied #25
- 2017-02-09🔓Charge satisfied #22
- 2017-02-09🔓Charge satisfied #15
- 2017-02-09🔓Charge satisfied #12
- 2017-02-09🔓Charge satisfied #11
- 2017-02-09🔓Charge satisfied #9
- 2017-02-09🔓Charge satisfied #8
- 2017-01-13🔓Charge satisfied #13
- 2012-05-24🔓Charge satisfied #6
- 2012-05-24🔓Charge satisfied #4
- 2009-10-22🔓Charge satisfied #19
- 2005-05-03🔒Charge registered #37Lender: Clydesdale Bank Public Limited Company
- 2005-01-13🔒Charge registered #36Lender: Clydesdale Bank Public Limited Company
- 2004-06-24🔒Charge registered #35Lender: Clydesdale Bank Public Limited Company
- 2004-06-24🔒Charge registered #34Lender: Clydesdale Bank Public Limited Company
- 2004-05-20🔒Charge registered #33Lender: Clydesdale Bank Public Limited Company
- 2004-05-20🔒Charge registered #32Lender: Clydesdale Bank Public Limited Company
- 2004-01-28🔒Charge registered #31Lender: Clydesdale Bank Public Limited Company
- 2004-01-28🔒Charge registered #30Lender: Clydesdale Bank Public Limited Company
- 2003-10-23🔒Charge registered #29Lender: Clydesdale Bank Public Limited Company
- 2003-08-27🔒Charge registered #28Lender: Clydesdale Bank Public Limited Company
- 2003-07-31🔒Charge registered #27Lender: Clydesdale Bank Public Limited Company
- 2003-06-04🔒Charge registered #26Lender: Clydesdale Bank Public Limited Company
Showing most recent 50 of 81 events
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
18 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Douglas Alexander Collin Individual · British · DOB 04/1966 · age 60 | 25–50% | — | 25-50% shares | 01/07/2016 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALIETH LTD→ SC572672 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALIXER REALTY LIMITED→ SC847473 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLAN PROPERTY LTD→ SC657444 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALO HOMES LIMITED→ SC748867 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALPHA ZEN LTD→ SC848922 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AM PLUS LETTINGS LTD→ SC818783 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMANDA BRITAIN LTD→ SC454489 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AMCM IDEAL PROPERTY LIMITED→ SC845984 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMG DEVELOPMENTS SCOTLAND LTD→ SC800930 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMIN COMMERCIAL ESTATES LTD→ SC735235 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMIZ LTD→ SC696282 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMIZ PROPERTIES LTD→ SC742333 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1999-07-01
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Suite 6, Firhill Business Centre
76 Firhill Road
Glasgow
G20 7BA
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26
Officers (3 active · 2 resigned)
COLLIN, Douglas Alexander→
Activesecretary · appointed 1999-07-01
View their other companies + combined net worth →
COLLIN, Douglas Alexander→
Activedirector · ~60y · appointed 1999-07-01
View their other companies + combined net worth →
SMART, Jean Shirley→
Activedirector · ~68y · appointed 1999-07-01
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 1999-07-01 · resigned 1999-07-01
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 1999-07-01 · resigned 1999-07-01
Click a director name to see their full track record across all companies.
Mortgages & charges
36
Total charges
18
Outstanding
2
Active lenders
Status:Lender:36 of 36 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dean Blyth Norris | A registered charge | 1 property | 30/08/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 03/05/2005 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/01/2005 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/06/2004 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/06/2004 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 20/05/2004 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 20/05/2004 | 09/02/2017 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/01/2004 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/01/2004 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 23/10/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/08/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 31/07/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/06/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 20/01/2003 | 09/02/2017 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/01/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 21/08/2002 | 09/02/2017 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/08/2002 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 16/08/2002 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 16/08/2002 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/08/2002 | 22/10/2009 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/07/2002 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/07/2002 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/03/2002 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/03/2002 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/03/2002 | 30/07/2020 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 12/11/2001 | 13/01/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/06/2001 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 25/04/2001 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 05/04/2001 | 30/07/2020 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/02/2001 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/02/2001 | 09/02/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/08/2000 | 30/07/2020 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/04/2000 | 24/05/2012 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/03/2000 | 30/07/2020 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/03/2000 | 24/05/2012 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 21/01/2000 | 30/07/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (135 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-27
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-30