ARATAIM LIMITED

🌳Matureactive
SC200267 · ltd · incorporated 1999-09-27
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 24.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (93/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 24.0y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 5 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
98 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 accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Average employees200200

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2019-07-12
    🔓
    Charge satisfied #2
  9. 2019-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-04-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-09-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2016-09-01
    ➕
    MORRISON, Andrew appointed
    secretary
  14. 2016-04-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-09-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2015-08-16
    ➖
    GLANAS, Stephen resigned
    secretary
  18. 2015-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2013-09-12
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  20. 2013-08-08
    ➖
    TETSILL, Alister resigned
    director
  21. 2013-07-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  22. 2004-10-18
    ➕
    GLANAS, Stephen appointed
    secretary
  23. 2004-10-18
    ➖
    MORRISON, Mairi resigned
    secretary
  24. 2004-10-12
    🔓
    Charge satisfied #1
  25. 2002-04-25
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  26. 2002-04-05
    ➕
    RENNIE, Albert appointed
    director
  27. 2002-04-05
    ➕
    TETSILL, Alister appointed
    director
  28. 2002-04-04
    ➖
    SCRIMGEOUR, Charles Philip resigned
    director
  29. 2001-09-07
    ➕
    MORRISON, Andrew Irving appointed
    director
  30. 2001-09-07
    ➖
    MCGILL, Alasdair Iain resigned
    secretary
  31. 2001-09-07
    ➕
    MORRISON, Mairi appointed
    secretary
  32. 2001-09-07
    ➖
    MCGILL, Alasdair Iain resigned
    director
  33. 1999-10-01
    ➕
    MCGILL, Alasdair Iain appointed
    secretary
  34. 1999-10-01
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 1999-10-01
    ➕
    MCGILL, Alasdair Iain appointed
    director
  36. 1999-10-01
    ➕
    SCRIMGEOUR, Charles Philip appointed
    director
  37. 1999-10-01
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  38. 1999-09-27
    🏢
    Company incorporated
    As ARATAIM LIMITED
  39. 1999-09-27
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  40. 1999-09-27
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

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 79 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 25 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
Mr Albert Rennie
Individual · British · DOB 06/1947 · age 79
25–50%
—25-50% shares06/04/2016
Andrew Irving Morrison
Individual · Scottish · DOB 11/1950 · age 76
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated1999-09-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Inchcape House, Inchcape Place
North Muirton Industrial Estate
Perth
PH1 3DU

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02

Officers (3 active · 8 resigned)

MORRISON, Andrew→
secretary · appointed 2016-09-01
View their other companies + combined net worth →
Active
MORRISON, Andrew Irving→
director · ~76y · appointed 2001-09-07
View their other companies + combined net worth →
Active
RENNIE, Albert→
director · ~79y · appointed 2002-04-05
View their other companies + combined net worth →
Active
GLANAS, Stephen→
secretary · appointed 2004-10-18 · resigned 2015-08-16
Resigned
MCGILL, Alasdair Iain→
secretary · appointed 1999-10-01 · resigned 2001-09-07
Resigned
MORRISON, Mairi→
secretary · appointed 2001-09-07 · resigned 2004-10-18
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1999-09-27 · resigned 1999-10-01
Resigned
MCGILL, Alasdair Iain→
director · ~57y · appointed 1999-10-01 · resigned 2001-09-07
Resigned
SCRIMGEOUR, Charles Philip→
director · ~59y · appointed 1999-10-01 · resigned 2002-04-04
Resigned
TETSILL, Alister→
director · ~72y · appointed 2002-04-05 · resigned 2013-08-08
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1999-09-27 · resigned 1999-10-01
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property12/09/2013—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property26/07/201312/07/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/04/200212/10/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (98 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2019-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-26