ALBORADO LIMITED

💤Zombieactive
SC255444 · ltd · incorporated 2003-09-05
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 Sept 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 69102Solicitors
Investor take
Pursue
Property-backed borrower with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · oldest 17.4y

45/100
under pressure

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

  • · Oldest live charge is 17.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
72 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.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-302023-09-30
Average employees100200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 (33 events)Click to expand
  1. 2026-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-01-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2022-01-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-12-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-12-10
    🔓
    Charge satisfied #4
  11. 2021-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-12-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2020-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-09-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2019-07-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-12-11
    ➕
    KILSHAW, David Andrew George appointed
    secretary
  20. 2017-12-11
    ➖
    CULLEN, James resigned
    secretary
  21. 2017-12-11
    ➖
    CULLEN, James resigned
    director
  22. 2009-03-20
    🔒
    Charge registered #4
    Lender: Royal Bank of Scotland PLC
  23. 2009-03-13
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  24. 2009-03-12
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  25. 2009-01-26
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  26. 2003-09-05
    🏢
    Company incorporated
    As ALBORADO LIMITED
  27. 2003-09-05
    ➕
    KILSHAW, David Andrew George appointed
    director
  28. 2003-09-05
    ➕
    CULLEN, James appointed
    secretary
  29. 2003-09-05
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  30. 2003-09-05
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  31. 2003-09-05
    ➕
    CULLEN, James appointed
    director
  32. 2003-09-05
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  33. 2003-09-05
    ➖
    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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Andrew George Kilshaw
Individual · British · DOB 03/1953 · age 73
25–50%
—25-50% shares01/07/2016
Mr David Andrew George Kilshaw
Individual · British · DOB 03/1953 · age 73
25–50%
—25-50% shares20/06/2016
2 historic (ceased) PSCs
  • Mr James Cullenceased 11/12/2017· 25-50% shares
  • Mr James Cullenceased 29/04/2017· 25-50% 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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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
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———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2003-09-05
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Waverley Chambers
Ladhope Vale
Galashiels
Scottish Borders
TD1 1BW
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (2 active · 4 resigned)

KILSHAW, David Andrew George→
secretary · appointed 2017-12-11
View their other companies + combined net worth →
Active
KILSHAW, David Andrew George→
director · ~73y · appointed 2003-09-05
View their other companies + combined net worth →
Active
CULLEN, James→
secretary · appointed 2003-09-05 · resigned 2017-12-11
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2003-09-05 · resigned 2003-09-05
Resigned
CULLEN, James→
director · ~74y · appointed 2003-09-05 · resigned 2017-12-11
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2003-09-05 · resigned 2003-09-05
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property20/03/200910/12/2021
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property13/03/2009—
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property12/03/2009—
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property26/01/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (72 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
certificate-change-of-name-company
change-of-name · CERTNM
2022-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-31
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-22