DAEDALUS PROPERTIES LIMITED

🌳Matureactive
SC222335 · ltd · incorporated 2001-08-17
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 22.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£637.0k
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 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
78 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 105 (micro)
Positive net assets
Net assets £637,039
Net assets shrinking
Down £3,246 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£637k
~ YoY
Current Assets
£35k
↑ 53% YoY
Current Liabilities
—
£0£128k£256k£384k£512k£640kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£959.0k£980.4k
Current assets£34.9k£22.8k
Net assets£637.0k£640.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-07-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2018-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-07-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2017-09-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2017-09-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2017-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-09-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2017-09-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2017-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2017-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2013-09-05
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  19. 2003-07-15
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  20. 2001-08-17
    🏢
    Company incorporated
    As DAEDALUS PROPERTIES LIMITED
  21. 2001-08-17
    ➕
    CAIRNS, Debra appointed
    secretary
  22. 2001-08-17
    ➕
    CAIRNS, Debra appointed
    director
  23. 2001-08-17
    ➕
    HORNE, James Douglas appointed
    director
  24. 2001-08-17
    ➕
    HORNE, Justin Gavin appointed
    director
  25. 2001-08-17
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  26. 2001-08-17
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  27. 2001-08-17
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  28. 2001-08-17
    ➖
    STEPHEN MABBOTT LTD. resigned
    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
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Debra Cairns
Individual · British · DOB 05/1959 · age 67
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence17/08/2016
Mr James Douglas Horne
Individual · British · DOB 04/1962 · age 64
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence17/08/2016
Mr Justin Gavin Horne
Individual · British · DOB 02/1970 · age 56
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence17/08/2016

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
Incorporated2001-08-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

31 Burns Statue Square
Ayr
KA7 1SU
Scotland

Filing status

Accounts
Next due: 2026-07-28
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (4 active · 2 resigned)

CAIRNS, Debra→
secretary · appointed 2001-08-17
View their other companies + combined net worth →
Active
CAIRNS, Debra→
director · ~67y · appointed 2001-08-17
View their other companies + combined net worth →
Active
HORNE, James Douglas→
director · ~64y · appointed 2001-08-17
View their other companies + combined net worth →
Active
HORNE, Justin Gavin→
director · ~56y · appointed 2001-08-17
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-08-17 · resigned 2001-08-17
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-08-17 · resigned 2001-08-17
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties05/09/2013—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property15/07/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (78 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-07-29