SOUTH WEST LETTINGS (STRANRAER) LIMITED

🌳Matureactive
SC242334 · ltd · incorporated 2003-01-15
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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 Jan 2025
Net worth
£119.7k
book net assets
Opportunity
80/100
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
Strong opportunity: property-backed borrower with exceptional profile and acceptable with review structure.

Opportunity 80/100 (exceptional), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 22.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 22.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
72 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
80/100Exceptional
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
75
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 £119,707

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£120k
↑ 1.6% YoY
Current Assets
£43
↓ 99% YoY
Current Liabilities
—
£0£24k£48k£72k£96k£120kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£157.4k£164.6k
Current assets£43£7.4k
Net assets£119.7k£117.8k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-04
    ➕
    MCCLINTOCK, Peter Mcculloch appointed
    director
  5. 2023-07-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-02-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2017-02-17
    ➖
    HANNAH, Kenneth resigned
    director
  14. 2016-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2015-11-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2015-06-15
    ➕
    MCCLINTOCK, Diane Margaret appointed
    director
  19. 2015-06-15
    ➕
    HANNAH, Kenneth appointed
    director
  20. 2015-06-15
    ➖
    MCCLINTOCK, Peter resigned
    director
  21. 2015-01-28
    🔒
    Charge registered #5
    Lender: W M Mann & Co (Investments) Limited
  22. 2015-01-28
    🔒
    Charge registered #4
    Lender: W M Mann & Co (Investments) Limited
  23. 2013-05-24
    🔒
    Charge registered #3
    Lender: W.M. Mann & Co (Investments) Limited
  24. 2009-03-27
    ➖
    MCCLINTOCK, Diane resigned
    director
  25. 2009-03-27
    ➕
    MCCLINTOCK, Peter appointed
    director
  26. 2009-01-31
    ➕
    MCCLINTOCK, Diane appointed
    director
  27. 2009-01-31
    ➖
    MCCLINTOCK, Peter resigned
    director
  28. 2007-02-05
    🔓
    Charge satisfied #1
  29. 2006-03-03
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 2003-09-11
    🔒
    Charge registered #1
    Lender: W.M. Mann & Co (Investments) Limited
  31. 2003-01-16
    ➕
    MCCLINTOCK, Diane appointed
    secretary
  32. 2003-01-16
    ➖
    HARRISON, Irene Lesley resigned
    nominee-secretary
  33. 2003-01-16
    ➕
    MCCLINTOCK, Peter appointed
    director
  34. 2003-01-16
    ➖
    BUSINESS INFORMATION RESEARCH & REPORTING LIMITED resigned
    corporate-nominee-director
  35. 2003-01-15
    🏢
    Company incorporated
    As SOUTH WEST LETTINGS (STRANRAER) LIMITED
  36. 2003-01-15
    ➕
    HARRISON, Irene Lesley appointed
    nominee-secretary
  37. 2003-01-15
    ➕
    BUSINESS INFORMATION RESEARCH & REPORTING LIMITED appointed
    corporate-nominee-director

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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
Mrs Diane Margaret Mcclintock
Individual · British · DOB 07/1975 · age 51
75–100%
75–100%75-100% shares · 75-100% voting · trust interest06/04/2016

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

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
Incorporated2003-01-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

11 Market Street
Stranraer
Wigtownshire
DG9 7RF

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (3 active · 6 resigned)

MCCLINTOCK, Diane→
secretary · appointed 2003-01-16
View their other companies + combined net worth →
Active
MCCLINTOCK, Diane Margaret→
director · ~51y · appointed 2015-06-15
View their other companies + combined net worth →
Active
MCCLINTOCK, Peter Mcculloch→
director · ~63y · appointed 2023-07-04
View their other companies + combined net worth →
Active
HARRISON, Irene Lesley→
nominee-secretary · appointed 2003-01-15 · resigned 2003-01-16
Resigned
HANNAH, Kenneth→
director · ~69y · appointed 2015-06-15 · resigned 2017-02-17
Resigned
MCCLINTOCK, Diane→
director · ~51y · appointed 2009-01-31 · resigned 2009-03-27
Resigned
MCCLINTOCK, Peter→
director · ~63y · appointed 2009-03-27 · resigned 2015-06-15
Resigned
MCCLINTOCK, Peter→
director · ~63y · appointed 2003-01-16 · resigned 2009-01-31
Resigned
BUSINESS INFORMATION RESEARCH & REPORTING LIMITED→
corporate-nominee-director · appointed 2003-01-15 · resigned 2003-01-16
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
W M Mann & Co (Investments)
W M Mann & Co (Investments) Limited
A registered charge1 property28/01/2015—
outstanding
W M Mann & Co (Investments)
W M Mann & Co (Investments) Limited
A registered charge1 property28/01/2015—
outstanding
W.M. Mann & Co (Investments)
W.M. Mann & Co (Investments) Limited
A registered charge1 property24/05/2013—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property03/03/2006—
satisfied
W.M. Mann & Co (Investments)
W.M. Mann & Co (Investments) Limited
Standard security2 properties11/09/200305/02/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
appoint-person-director-company-with-name-date
officers · AP01
2023-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-31