NEW STAR PROPERTY (SCOTLAND) LIMITED
🌳Matureactive
SC269321 · 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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 21.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 21.8y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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
£3k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-05 | 2024-04-05 |
|---|---|---|
| Turnover | — | £12.2k |
| Total assets | £199.7k | — |
| Current assets | £3.4k | — |
| Average employees | — | 200 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-08-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-23🔓Charge satisfied #5
- 2024-02-23🔓Charge satisfied #4
- 2023-11-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-06-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-06-28🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2006-06-27🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2006-03-09🔓Charge satisfied #3
- 2006-03-09🔓Charge satisfied #2
- 2006-03-09🔓Charge satisfied #1
- 2004-12-06🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2004-12-06🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2004-07-22🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2004-06-14🏢Company incorporatedAs NEW STAR PROPERTY (SCOTLAND) LIMITED
- 2004-06-14➕AIKMAN, Andrew Robert appointedsecretary
- 2004-06-14➕AIKMAN, Andrew Robert appointeddirector
- 2004-06-14➕AIKMAN, Suzanne Leslie Michie appointeddirector
- 2004-06-14➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-06-14➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong 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.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Robert Aikman Individual · British · DOB 03/1953 · age 73 | 50–75% | — | 50-75% shares | 28/03/2017 |
Mrs Suzanne Leslie Michie Aikman Individual · United Kingdom · DOB 01/1963 · age 63 | 25–50% | — | 25-50% shares | 28/06/2017 |
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
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWEEDDALE COURT (EDINBURGH) LIMITED→ SC074222 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| TWO ROBS LIMITED→ SC855594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| UM PROPERTY MANAGEMENT LIMITED→ SC797099 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| V&A HOUSES LTD→ SC788882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER DEVELOPMENTS LTD→ SC796661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER PROPERTY INVESTMENTS LTD→ SC666748 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| VMW PROPERTIES LTD→ SC850785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VNS LETS LIMITED→ SC733350 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| W9 DEVELOPMENTS LTD→ SC764449 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| WALLACE PROP CO LTD→ SC854441 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2004-06-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
61 Dublin Street
Edinburgh
EH3 6NL
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (3 active · 1 resigned)
AIKMAN, Andrew Robert→
Activesecretary · appointed 2004-06-14
View their other companies + combined net worth →
AIKMAN, Andrew Robert→
Activedirector · ~73y · appointed 2004-06-14
View their other companies + combined net worth →
AIKMAN, Suzanne Leslie Michie→
Activedirector · ~63y · appointed 2004-06-14
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-14 · resigned 2004-06-14
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 28/06/2006 | 23/02/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/06/2006 | 23/02/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/12/2004 | 09/03/2006 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/12/2004 | 09/03/2006 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 22/07/2004 | 09/03/2006 |
Recent filings (64 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-26