D. & S. PROPERTIES ABERDEEN LTD.

🌳Matureactive
SC228991 · ltd · incorporated 2002-03-11
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 47/100. Strong seller-intent signal (65/100, director aged 58). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

34 live charges · 3 lenders · oldest 24.0y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
34 charges (34/34 with lender, 34/34 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 2 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
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 (72 events)Click to expand
  1. 2025-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2021-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2021-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2021-07-02
    🔓
    Charge satisfied #20
  10. 2021-06-29
    🔒
    Charge registered #34
    Lender: Atom Bank PLC
  11. 2021-06-25
    🔒
    Charge registered #33
    Lender: Atom Bank PLC
  12. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-04-23
    BLACKADDERS LLP appointed
    corporate-secretary
  14. 2020-04-23
    PLENDERLEATH RUNCIE LLP resigned
    corporate-secretary
  15. 2020-04-23
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  16. 2020-04-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2020-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-03-08
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2019-03-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2018-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2015-06-12
    🔓
    Charge satisfied #7
  24. 2015-06-03
    🔒
    Charge registered #32
    Lender: The Royal Bank of Scotland PLC
  25. 2015-06-03
    🔒
    Charge registered #31
    Lender: The Royal Bank of Scotland PLC
  26. 2015-06-03
    🔒
    Charge registered #30
    Lender: The Royal Bank of Scotland PLC
  27. 2015-06-03
    🔒
    Charge registered #29
    Lender: The Royal Bank of Scotland PLC
  28. 2015-06-03
    🔒
    Charge registered #28
    Lender: The Royal Bank of Scotland PLC
  29. 2015-06-03
    🔒
    Charge registered #27
    Lender: The Royal Bank of Scotland PLC
  30. 2015-06-03
    🔒
    Charge registered #26
    Lender: The Royal Bank of Scotland PLC
  31. 2015-06-03
    🔒
    Charge registered #25
    Lender: The Royal Bank of Scotland PLC
  32. 2015-06-03
    🔒
    Charge registered #24
    Lender: The Royal Bank of Scotland PLC
  33. 2015-06-03
    🔒
    Charge registered #23
    Lender: The Royal Bank of Scotland PLC
  34. 2015-06-03
    🔒
    Charge registered #22
    Lender: The Royal Bank of Scotland PLC
  35. 2015-06-03
    🔒
    Charge registered #21
    Lender: The Royal Bank of Scotland PLC
  36. 2015-05-11
    🔒
    Charge registered #20
    Lender: The Royal Bank of Scotland PLC
  37. 2008-02-01
    PLENDERLEATH RUNCIE LLP appointed
    corporate-secretary
  38. 2008-02-01
    PLENDERLEATH RUNCIE LLP resigned
    corporate-secretary
  39. 2005-05-05
    🔒
    Charge registered #19
    Lender: The Governor and Company of the Bank of Scotland
  40. 2005-05-05
    🔒
    Charge registered #18
    Lender: The Governor and Company of the Bank of Scotland
  41. 2005-05-05
    🔒
    Charge registered #17
    Lender: The Governor and Company of the Bank of Scotland
  42. 2005-05-05
    🔒
    Charge registered #16
    Lender: The Governor and Company of the Bank of Scotland
  43. 2005-05-05
    🔒
    Charge registered #15
    Lender: The Governor and Company of the Bank of Scotland
  44. 2004-09-03
    🔒
    Charge registered #14
    Lender: The Governor and Company of the Bank of Scotland
  45. 2004-08-18
    🔒
    Charge registered #13
    Lender: The Governor and Company of the Bank of Scotland
  46. 2004-02-24
    🔓
    Charge satisfied #5
  47. 2004-02-24
    🔓
    Charge satisfied #4
  48. 2004-02-24
    🔓
    Charge satisfied #3
  49. 2004-02-24
    🔓
    Charge satisfied #2
  50. 2004-02-17
    🔒
    Charge registered #12
    Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 72 events

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

71/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-14

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

26 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Steven Mcknight
Individual · British · DOB 03/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr David Lamb
Individual · British · DOB 06/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

8 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
Incorporated2002-03-11
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

6 Bon Accord Square
Aberdeen
AB11 6XU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-14OVERDUE
Last: 2025-02-28

Officers (4 active · 4 resigned)

MCKNIGHT, Steven
secretary · appointed 2002-06-12
View their other companies + combined net worth →
Active
BLACKADDERS LLP
corporate-secretary · appointed 2020-04-23
View their other companies + combined net worth →
Active
LAMB, David
director · ~57y · appointed 2002-03-11
View their other companies + combined net worth →
Active
MCKNIGHT, Steven
director · ~58y · appointed 2002-03-11
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-03-11 · resigned 2002-03-11
Resigned
PLENDERLEATH RUNCIE LLP
corporate-secretary · appointed 2008-02-01 · resigned 2020-04-23
Resigned
PLENDERLEATH RUNCIE LLP
corporate-secretary · appointed 2002-03-11 · resigned 2008-02-01
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-03-11 · resigned 2002-03-11
Resigned

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

Mortgages & charges

34
Total charges
26
Outstanding
2
Active lenders
Status:Lender:34 of 34 shown
TypeProperties
outstanding
Atom Bank
Atom Bank PLC
A registered charge2 properties29/06/2021
outstanding
Atom Bank
Atom Bank PLC
A registered charge25/06/2021
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/06/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/05/201502/07/2021
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/2005
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/2005
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/2005
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/2005
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/2005
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/09/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property18/08/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/02/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/02/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/02/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/02/2004
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property12/12/200312/06/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property02/10/200316/02/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/11/200224/02/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property19/06/200224/02/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/06/200224/02/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/05/200224/02/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property08/05/200217/02/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-14
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-23