NORTH YELL DEVELOPMENT COUNCIL

🌳Matureactive

SC245227 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-03-07

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.

Why now

Window closing · high confidence

Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.

· Hygiene score: 45 → 85
· Bankability: 55 → 75
· Opportunity score: 73 → 83
· Distress / opportunity: speculative → avoid

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 9.7y old — refinance window within 12 months

What changed my view

Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

↑Opportunity score: 73 → 83
↑Hygiene score: 45 → 85
↑Bankability: 55 → 75
·Distress / opportunity: speculative → avoid

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

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 75-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 9.7y

70/100

ready

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

· Oldest live charge is 9.7 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: low (49/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

30 officers (13 active, 30 linked, 29 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

109 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 officers

Last 90 days

filings

• 1 officers
• 1 accounts

Last 180 days

filings

• 1 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2026-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-05-22
📄
accounts-with-accounts-type-group
accounts · AA
2026-05-19
➕
HENDERSON, Dean Alexander appointed
director
2025-12-17
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-19
➖
INSTONE, Donald Philip resigned
director
2025-05-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-14
🔒
Charge registered #2
Lender: Scottish Ministers
2024-12-11
📄
accounts-with-accounts-type-group
accounts · AA
2023-11-28
📄
accounts-with-accounts-type-group
accounts · AA
2023-05-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-25
➕
REDSHAW, Dorothy Christine appointed
director
2023-05-25
➖
ANDERSON, Ian resigned
director
2023-04-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-19
➕
TULLOCH, Louise Jane appointed
director
2022-05-19
➖
HENDERSON, Michael John resigned
director
2021-09-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-04-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-04-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-04-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-22
➕
JAMIESON, Alice Louise appointed
director
2021-04-22
➕
SPENCE, Helena Kovacevic appointed
director
2021-04-22
➕
HENDERSON, Michael John appointed
director
2021-04-22
➖
THOMASON, Christopher David resigned
director
2020-08-25
➖
DICKIE, Campbell Alexander resigned
director
2020-08-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-07
➕
KEITH, Kelly Ann appointed
director
2019-03-07
➖
MORRIS, Michelle resigned
director
2017-04-27
➕
CUNNINGHAM, James William appointed
director
2017-04-27
➕
HENRY, David John appointed
director
2016-09-30
🔒
Charge registered #1
Lender: Triodos Bank N.V
2015-03-25
➕
COUTTS, Robert appointed
director
2015-03-25
➕
THOMASON, Christopher David appointed
director
2014-11-06
➖
ROSS, Andrew Chiswell resigned
director
2014-10-08
➖
HENDERSON, Robert Simpson resigned
director
2014-10-07
➖
DICKIE, Hubert Alexander resigned
director
2014-08-15
➖
SKINNER, Alan resigned
director
2013-05-09
➕
INSTONE, Donald Philip appointed
director
2013-05-09
➕
SKINNER, Alan appointed
director
2013-03-01
➖
NICHOLSON, Fiona Christine resigned
director
2011-06-09
➖
NISBET, Linsey Anne resigned
director
2011-06-09
➕
ROSS, Andrew Chiswell appointed
director
2010-04-12
➕
DICKIE, Campbell Alexander appointed
director
2010-04-12
➕
DICKIE, Hubert Alexander appointed
director
2009-11-04
➖
KENNERLY, Philip resigned
director

Showing most recent 50 of 69 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — 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 70+: Senior director is approximately 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
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.)

🔒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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2003-03-07

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Keldahoul

Cullivoe

Yell

Shetland

ZE2 9DD

Filing status

Accounts

Next due: 2026-12-30

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-21

Last: 2026-03-07