KERRCO DEVELOPMENTS LIMITED

🌳Matureactive
SC240809 · ltd · incorporated 2002-12-06
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 20.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does

Day-to-day, this Glasgow-based real estate business most likely manages and leases its own or rented residential or commercial properties, collecting rental income — likely a small private landlord operation given its consistent total exemption accounts filings suggesting modest turnover.

Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.1y

85/100
ready

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

  • · Oldest live charge is 20.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 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.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-02-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2016-01-26
    🔓
    Charge satisfied #1
  15. 2015-12-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2006-04-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2002-12-06
    🏢
    Company incorporated
    As KERRCO DEVELOPMENTS LIMITED
  19. 2002-12-06
    ➕
    KERR, Fiona appointed
    secretary
  20. 2002-12-06
    ➕
    KERR, Colin Campbell appointed
    director
  21. 2002-12-06
    ➕
    KERR, Fiona appointed
    director
  22. 2002-12-06
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2002-12-06
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2002-12-06
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2002-12-06
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "KERR" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Colin Campbell Kerr
Individual · British · DOB 07/1957 · age 69
75–100%
—75-100% shares01/12/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2002-12-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

25 Drumbeg Loan
Killearn
Glasgow
G63 9LG
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (3 active · 2 resigned)

KERR, Fiona→
secretary · appointed 2002-12-06
View their other companies + combined net worth →
Active
KERR, Colin Campbell→
director · ~69y · appointed 2002-12-06
View their other companies + combined net worth →
Active
KERR, Fiona→
director · ~58y · appointed 2002-12-06
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2002-12-06 · resigned 2002-12-06
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2002-12-06 · resigned 2002-12-06
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/04/200626/01/2016

Recent filings (62 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-13