COMSTOCK KINCARDINE LIMITED
- · Oldest live charge 18.7y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 18.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2.4k | £3.4k |
| Current assets | £179.8k | — |
| Net assets | £2.4k | £3.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-09-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-30➖MORRIS, George Greg resigneddirector
- 2014-06-12🔓Charge satisfied #2
- 2014-06-12🔓Charge satisfied #1
- 2010-04-13🔓Charge satisfied #3
- 2008-08-07🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2007-10-08🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2007-08-23🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2004-04-16🏢Company incorporatedAs COMSTOCK KINCARDINE LIMITED
- 2004-04-16➕ADAMS, Sandra Dorothy appointedsecretary
- 2004-04-16➕ADAMS, Gordon Hugh appointeddirector
- 2004-04-16➕ADAMS, Sandra Dorothy appointeddirector
- 2004-04-16➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-04-16➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2004-04-16➕MORRIS, George Greg appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sandra Dorothy Adams Individual · British · DOB 05/1947 · age 79 | — | — | sig. influencesignificant influence · firm interest | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 07/08/2008 | 13/04/2010 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 08/10/2007 | 12/06/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 23/08/2007 | 12/06/2014 |