BURLINGTON SCOTT (SCOTLAND) LIMITED

💤Zombieactive
SC233333 · ltd · incorporated 2002-06-26
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£102.8k
book net assets
Opportunity
74/100
Strong
🔔
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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 61-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 19.0y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.0 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 6 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £102,779
Net assets shrinking
Down £2,459,931 YoY
Cash YoY
+788%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↑ 788% YoY
Net Worth
£103k
↓ 96% YoY
Current Assets
£564k
↓ 75% YoY
Current Liabilities
£0£513k£1.0m£1.5m£2.1m£2.6mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£103.4k£3.32M
Current assets£564.0k£2.30M
Cash£7.4k£828
Debtors£556.6k£2.30M
Net assets£102.8k£2.56M

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-08-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-08-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-08-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2025-08-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2025-08-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-08-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2025-08-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-07-23
    BRAD, Lyn appointed
    director
  13. 2025-07-23
    BRAD, Ajmir resigned
    director
  14. 2025-07-22
    BRAD, Lyn appointed
    secretary
  15. 2025-07-22
    BRAD, Blake Baljit Singh resigned
    secretary
  16. 2025-07-22
    BRAD, Ajmir appointed
    director
  17. 2025-07-22
    BRAD, Blake Baljit Singh resigned
    director
  18. 2025-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2024-09-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2024-09-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2024-09-12
    🔓
    Charge satisfied #6
  22. 2024-09-12
    🔓
    Charge satisfied #5
  23. 2024-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2023-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2023-09-22
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  26. 2023-09-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2023-08-31
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  28. 2023-08-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2023-08-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2023-08-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  31. 2023-08-18
    🔓
    Charge satisfied #4
  32. 2023-08-18
    🔓
    Charge satisfied #3
  33. 2023-08-14
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  34. 2023-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  35. 2023-04-01
    FORDYCE, Preeti resigned
    director
  36. 2023-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  37. 2022-08-23
    🔒
    Charge registered #4
    Lender: Lowry Capital Limited
  38. 2022-08-15
    🔒
    Charge registered #3
    Lender: Lowry Capital Limited
  39. 2021-12-15
    🔓
    Charge satisfied #2
  40. 2019-12-28
    🔓
    Charge satisfied #1
  41. 2015-03-12
    BRAD, Baljit Beldeep Singh resigned
    secretary
  42. 2015-03-12
    BRAD, Blake Baljit Singh appointed
    secretary
  43. 2015-03-12
    BRAD, Ajmir resigned
    director
  44. 2015-03-12
    BRAD, Baljit Beldeep Singh resigned
    director
  45. 2008-03-18
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  46. 2007-06-28
    🔒
    Charge registered #1
    Lender: Medical Finance (Bristol) Limited
  47. 2004-11-29
    BRAD, Blake Baljit Singh appointed
    director
  48. 2004-11-29
    FORDYCE, Preeti appointed
    director
  49. 2003-09-17
    DHALIWAL, Jasbir Singh resigned
    secretary
  50. 2003-06-03
    BRAD, Baljit Beldeep Singh appointed
    secretary
Showing most recent 50 of 58 events

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BRAD, Blake Baljit Singh resigned 2025-07-22; BRAD, Ajmir resigned 2025-07-23; BRAD, Blake Baljit Singh resigned 2025-07-22

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.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Lyn Brad
Individual · British · DOB 10/1965 · age 61
sig. influencesignificant influence22/07/2025
1 historic (ceased) PSC
  • Mr Blake Baljit Singh Bradceased 23/07/2025· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2002-06-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

9-11 Palace Craig Street Palacecraig Street
Coatbridge
Lanarkshire
ML5 4RY
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26

Officers (2 active · 10 resigned)

BRAD, Lyn
secretary · appointed 2025-07-22
View their other companies + combined net worth →
Active
BRAD, Lyn
director · ~61y · appointed 2025-07-23
View their other companies + combined net worth →
Active
BRAD, Baljit Beldeep Singh
secretary · appointed 2003-06-03 · resigned 2015-03-12
Resigned
BRAD, Blake Baljit Singh
secretary · appointed 2015-03-12 · resigned 2025-07-22
Resigned
DHALIWAL, Jasbir Singh
secretary · appointed 2002-06-26 · resigned 2003-09-17
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-06-26 · resigned 2002-06-26
Resigned
BRAD, Ajmir
director · ~61y · appointed 2025-07-22 · resigned 2025-07-23
Resigned
BRAD, Ajmir
director · ~61y · appointed 2002-06-26 · resigned 2015-03-12
Resigned
BRAD, Baljit Beldeep Singh
director · ~63y · appointed 2003-06-03 · resigned 2015-03-12
Resigned
BRAD, Blake Baljit Singh
director · ~40y · appointed 2004-11-29 · resigned 2025-07-22
Resigned
FORDYCE, Preeti
director · ~40y · appointed 2004-11-29 · resigned 2023-04-01
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-06-26 · resigned 2002-06-26
Resigned

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

Mortgages & charges

7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property22/09/2023
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property31/08/202312/09/2024
satisfied
Together Money
Together Commercial Finance Limited
A registered charge14/08/202312/09/2024
satisfied
Lowry Capital
Lowry Capital Limited
A registered charge1 property23/08/202218/08/2023
satisfied
Lowry Capital
Lowry Capital Limited
A registered charge15/08/202218/08/2023
satisfied
HSBC
Hsbc Bank PLC
Floating charge1 property18/03/200815/12/2021
satisfied
Medical Finance (Bristol)
Medical Finance (Bristol) Limited
Standard security1 property28/06/200728/12/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-05
termination-director-company-with-name-termination-date
officers · TM01
2025-08-05
change-person-secretary-company-with-change-date
officers · CH03
2025-08-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-05
appoint-person-director-company-with-name-date
officers · AP01
2025-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-04
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-04
termination-director-company-with-name-termination-date
officers · TM01
2025-08-04
appoint-person-secretary-company-with-name-date
officers · AP03
2025-08-04
appoint-person-director-company-with-name-date
officers · AP01
2025-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-12