CAIRN LETTING LIMITED
🌳Matureactive
SC210819 · ltd · incorporated 2000-09-07
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 17.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£40.0k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Real estate agencies
Sector: Real estate
ALSO REGISTERED FOR
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 17.2y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 17.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
14 connected companies via shared directors
87
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
83/100Exceptional
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
85
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 · accounting standard not declaredPositive net assets
Net assets £39,961
Net assets shrinking
Down £28,699 YoY
Cash YoY
+21%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£471k
↑ 21% YoY
Net Worth
£40k
↓ 42% YoY
Current Assets
£685k
↑ 10% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £58.7k | £107.1k |
| Current assets | £684.9k | £620.4k |
| Cash | £471.2k | £390.4k |
| Debtors | £213.7k | £230.1k |
| Net assets | £40.0k | £68.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 mortgage
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-04🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2025-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-06➕MCGONIGLE, Jennifer Anne appointeddirector
- 2023-11-06➕SHIELDS, Paul appointeddirector
- 2023-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-12📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-01-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-22📄gazette-notice-compulsorygazette · GAZ1
- 2020-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-04-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-04🔓Charge satisfied #1
- 2019-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-03-25🔒Charge registered #1Lender: Bank of Scotland PLC
- 2007-06-01➕SHIELDS, Paul appointedsecretary
- 2007-06-01➖MILLS, Sheena resignedsecretary
- 2006-12-15➕MILLS, Sheena appointedsecretary
- 2006-12-15➖ROWAND, David resignedsecretary
- 2006-12-15➖BRUCE, Alan David Harry resigneddirector
- 2000-09-07🏢Company incorporatedAs CAIRN LETTING LIMITED
- 2000-09-07➕ROWAND, David appointeddirector
- 2000-09-07➕ROWAND, David appointedsecretary
- 2000-09-07➕BRUCE, Alan David Harry appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- 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.)
Group structure
Rowand Property Consultants Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Rowand Property Consultants Limited
Corporate parent · holds 75-100% shares
⬇
CAIRN LETTING LIMITED
This company · SC210819
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 |
|---|---|---|---|---|
Rowand Property Consultants Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr David Rowandceased 06/04/2016· 50-75% shares · 50-75% voting
- Mrs Jillian Rowandceased 06/04/2016· 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 · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008 | £623.3k £529.8k–£716.8k | — | £623.3k | — | 17y | 83 | 70y |
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| AR (WELLMEADOW) LTD→ SC393743 · est 2011 | £5.0k £4.2k–£5.7k | — | £5.0k | — | 15y | 83 | 59y |
| AMBASSADOR REAL ESTATE INVESTMENTS LTD→ SC393740 · est 2011 | £100 £85–£115 | — | £100 | — | 15y | 83 | 59y |
| HOWE STREET PROPERTIES LIMITED→ SC435893 · est 2012 | — | £24.9k | — | 0 | 13y | 84 | 65y |
| ROSS & LIDDELL LIMITED→ SC097770 · est 1986 | — | — | — | 100 | 40y | 84 | 60y |
| AEROBLUE LIMITED→ SC185922 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 73y |
| BALMORE ESTATES LIMITED→ SC435326 · est 2012 | — | — | — | 300 | 13y | 83 | 60y |
| BEARSDEN SOLUTIONS LTD→ SC394655 · est 2011 | — | — | — | 100 | 15y | 83 | 60y |
| BROOMPARK DEVELOPMENTS LIMITED→ SC156310 · est 1995 · no financials extracted | — | — | — | — | 31y | 83 | 85y |
| YELLOW BIRD ASSETS LTD→ SC841684 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ZAINABMATLOOB LTD→ SC852852 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2000-09-07
Jurisdictionscotland
Primary SIC68310 — Real estate agencies
Registered office
34 Gibson Street
Glasgow
G12 8NX
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07
Officers (4 active · 3 resigned)
Active
MCGONIGLE, Jennifer Anne→
Activedirector · ~53y · appointed 2023-11-06
View their other companies + combined net worth →
ROWAND, David→
Activedirector · ~58y · appointed 2000-09-07
View their other companies + combined net worth →
SHIELDS, Paul→
Activedirector · ~55y · appointed 2023-11-06
View their other companies + combined net worth →
MILLS, Sheena→
Resignedsecretary · appointed 2006-12-15 · resigned 2007-06-01
ROWAND, David→
Resignedsecretary · appointed 2000-09-07 · resigned 2006-12-15
BRUCE, Alan David Harry→
Resigneddirector · ~59y · appointed 2000-09-07 · resigned 2006-12-15
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 04/03/2026 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Bond & floating charge | 1 property | 25/03/2009 | 04/11/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (82 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
appoint-person-director-company-with-name-date
officers · AP01
2025-09-30
appoint-person-director-company-with-name-date
officers · AP01
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-10
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-01-12
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-12