BLACKFRIARS PROPERTY DEVELOPMENTS LIMITED
🌳Matureactive
SC269244 · ltd · incorporated 2004-06-14
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
9 live charges · 6 lenders · oldest 21.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
3
filings
- • 2 officers
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 2 officers
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 2 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-04-14📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-04-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2017-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-12-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-02🔓Charge satisfied #8
- 2015-10-02🔓Charge satisfied #9
- 2015-10-02🔓Charge satisfied #7
- 2015-10-02🔓Charge satisfied #6
- 2015-10-02🔓Charge satisfied #5
- 2015-10-02🔓Charge satisfied #3
- 2015-10-02🔓Charge satisfied #1
- 2014-06-15➕REICH, Eleizer appointeddirector
- 2010-05-23➖DANSKY, John resigneddirector
- 2009-09-16🔒Charge registered #8Lender: National Westminster Bank PLC
- 2009-09-15🔒Charge registered #9Lender: Carillion Jm Limited
- 2009-09-07🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2009-09-07🔒Charge registered #6Lender: National Westminster Bank PLC
- 2009-07-29🔓Charge satisfied #4
- 2009-07-29🔓Charge satisfied #2
- 2008-11-19➖REICH, Eliezer resigneddirector
- 2005-02-22🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2005-02-22🔒Charge registered #4Lender: The University Court of the University of Edinburgh
- 2005-01-06🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2005-01-06🔒Charge registered #2Lender: Walco Developments (Edinburgh) Limited
- 2004-11-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2004-11-22➖DALGLEN DIRECTORS LIMITED resignedcorporate-nominee-director
- 2004-10-28➕SANDLER, Aharon Tzvi appointedsecretary
- 2004-10-28➕SANDLER, Aharon Tzvi appointeddirector
- 2004-10-28➖DALGLEN SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-10-28➕DANSKY, John appointeddirector
- 2004-10-28➕REICH, Eliezer appointeddirector
- 2004-06-14🏢Company incorporatedAs BLACKFRIARS PROPERTY DEVELOPMENTS LIMITED
- 2004-06-14➕DALGLEN SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2004-06-14➕DALGLEN DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- 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 ·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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Aharon Tzvi Sandler Individual · British · DOB 12/1969 · age 57 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BORDEAUX HOMES LTD→ SC808208 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOUQUET TROIS LIMITED→ SC131116 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| BOW & CO PROPERTY LTD→ SC843435 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOXROOM INVESTMENTS LIMITED→ SC593595 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRAE ( 330 LINLITHGOW ) LIMITED→ SC755055 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BRAEHEAD PROFESSIONAL SERVICES LIMITED→ SC067966 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| BREAKWATER PROPERTIES LTD→ SC555320 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BREATHTAKING PROPERTIES LTD→ SC860007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIDGEND GM LIMITED→ SC611861 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRIDGES PROPERTIES LIMITED→ SC686820 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRIGHTSTONE HOLDINGS LIMITED→ SC686816 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRIJESH PROPERTY LTD→ SC873781 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2004-06-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
101 Rose Street South Lane
Edinburgh
EH2 3JG
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (3 active · 4 resigned)
SANDLER, Aharon Tzvi→
Activesecretary · appointed 2004-10-28
View their other companies + combined net worth →
REICH, Eleizer→
Activedirector · ~59y · appointed 2014-06-15
View their other companies + combined net worth →
SANDLER, Aharon Tzvi→
Activedirector · ~57y · appointed 2004-10-28
View their other companies + combined net worth →
DALGLEN SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-14 · resigned 2004-10-28
DANSKY, John→
Resigneddirector · ~78y · appointed 2004-10-28 · resigned 2010-05-23
REICH, Eliezer→
Resigneddirector · ~59y · appointed 2004-10-28 · resigned 2008-11-19
DALGLEN DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2004-06-14 · resigned 2004-11-22
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 16/09/2009 | 02/10/2015 | |
| satisfied | Carillion Jm Carillion Jm Limited | Standard security | 1 property | 15/09/2009 | 02/10/2015 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Assignation or rents | 1 property | 07/09/2009 | 02/10/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 07/09/2009 | 02/10/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 2 properties | 22/02/2005 | 02/10/2015 | |
| satisfied | The University Court of the University of Edinburgh | Standard security | 2 properties | 22/02/2005 | 29/07/2009 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 06/01/2005 | 02/10/2015 | |
| satisfied | Walco Developments (Edinburgh) Walco Developments (Edinburgh) Limited | Standard security | 1 property | 06/01/2005 | 29/07/2009 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/11/2004 | 02/10/2015 |
Recent filings (87 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-14
change-person-secretary-company-with-change-date
officers · CH03
2026-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-dormant
accounts · AA
2025-04-30
accounts-with-accounts-type-dormant
accounts · AA
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-dormant
accounts · AA
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-dormant
accounts · AA
2022-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-19
accounts-with-accounts-type-dormant
accounts · AA
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-06
accounts-with-accounts-type-dormant
accounts · AA
2021-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10