ALBACOVE LIMITED
🌳Matureactive
SC251460 · ltd · incorporated 2003-06-19
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 Jun 2025
Net worth
£387.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), 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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
11 live charges · 5 lenders · oldest 21.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
77 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
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £387,875
Net assets shrinking
Down £7,726 YoY
Cash draining
Cash down 57% YoY
Cash YoY
-57%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 57% YoY
Net Worth
£388k
↓ 2.0% YoY
Current Assets
£14k
↓ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £717.6k | £737.3k |
| Current assets | £13.9k | £20.3k |
| Cash | £1.5k | £3.5k |
| Debtors | £12.4k | £16.8k |
| Net assets | £387.9k | £395.6k |
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
4
filings
- • 4 mortgage
Last 90 days
5
filings
- • 4 mortgage
- • 1 accounts
Last 180 days
5
filings
- • 4 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-15🔒Charge registered #11Lender: Atom Bank PLC
- 2026-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-10🔓Charge satisfied #7
- 2026-04-10🔓Charge satisfied #5
- 2026-04-07🔒Charge registered #10Lender: Atom Bank PLC
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-18➕MOYES, Kenneth appointeddirector
- 2022-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-22🔓Charge satisfied #6
- 2022-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-06🔒Charge registered #9Lender: Atom Bank PLC
- 2022-03-28🔒Charge registered #8Lender: Atom Bank PLC
- 2021-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-05🔒Charge registered #7Lender: Assetz Capital Trust Company Limited
- 2020-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-01-31🔒Charge registered #6Lender: Assetz Capital Trust Company Limited
- 2019-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-09-01➕MOYES, Cara Lynn appointeddirector
- 2017-09-01➖MOYES, Kenneth resigneddirector
- 2017-06-10🔓Charge satisfied #4
- 2017-05-26🔓Charge satisfied #3
- 2014-12-22🔒Charge registered #5Lender: Shawbrook Bank Limited
- 2014-08-13🔓Charge satisfied #2
- 2014-08-13🔓Charge satisfied #1
- 2014-08-01🔒Charge registered #4Lender: Airdrie Savings Bank
- 2014-07-16🔒Charge registered #3Lender: Airdrie Savings Bank
- 2008-01-15🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2004-07-02🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2004-03-03➕MOYES, Cara appointedsecretary
- 2004-03-03➕MOYES, Kenneth appointeddirector
- 2003-06-30➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-06-30➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2003-06-19🏢Company incorporatedAs ALBACOVE LIMITED
- 2003-06-19➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-06-19➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
Owner dependency
74/100
High — earn-out structure requiredMaterial 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 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
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.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Cara Lynn Moyes Individual · British · DOB 08/1968 · age 58 | 75–100% | — | 75-100% shares | 01/07/2018 |
1 historic (ceased) PSC
- Mr Kenneth Moyesceased 01/07/2018· 75-100% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| ALIETH LTD→ SC572672 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALLAN PROPERTY LTD→ SC657444 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALO HOMES LIMITED→ SC748867 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALPHA ZEN LTD→ SC848922 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AM PLUS LETTINGS LTD→ SC818783 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMANDA BRITAIN LTD→ SC454489 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AMIZ PROPERTIES LTD→ SC742333 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMOR CLOE PROPERTIES LTD→ SC809580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMS CAPITAL PROPERTIES LTD→ SC740004 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMS MANAGEMENT SERVICES LIMITED→ SC593932 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AMS SKYLINE PROPERTIES LTD→ SC832946 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AMTULS PROPERTY CO LIMITED→ SC448125 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2003-06-19
Jurisdictionscotland
Primary SIC68310 — Real estate agencies
Registered office
145 St. Vincent Street
Glasgow
G2 5JF
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01
Officers (3 active · 3 resigned)
Active
MOYES, Cara Lynn→
Activedirector · ~58y · appointed 2017-09-01
View their other companies + combined net worth →
MOYES, Kenneth→
Activedirector · ~58y · appointed 2023-07-18
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-06-19 · resigned 2003-06-30
MOYES, Kenneth→
Resigneddirector · ~58y · appointed 2004-03-03 · resigned 2017-09-01
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-06-19 · resigned 2003-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
4
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 1 property | 15/04/2026 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | — | 07/04/2026 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 1 property | 06/04/2022 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | — | 28/03/2022 | — | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 05/02/2020 | 10/04/2026 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 31/01/2020 | 22/10/2022 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 22/12/2014 | 10/04/2026 | |
| satisfied | Airdrie Savings Bank | A registered charge | 1 property | 01/08/2014 | 10/06/2017 | |
| satisfied | Airdrie Savings Bank | A registered charge | — | 16/07/2014 | 26/05/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/01/2008 | 13/08/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 02/07/2004 | 13/08/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-11