ARDEER REGENERATION LIMITED
💤Zombieactive
SC269486 · ltd · incorporated 2004-06-17
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 58). 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 (73/100).
🏦
Refinance opportunity
9 live charges · 5 lenders · oldest 21.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
86 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.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-03-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-05-07➖THOMSON, Carol resigneddirector
- 2025-05-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-22📄mortgage-create-without-deed-with-charge-number-charge-creation-datemortgage · MR08
- 2025-02-06🔒Charge registered #9Lender: Mr Robert Mcfarlane
- 2025-01-14📄accounts-with-accounts-type-smallaccounts · AA
- 2024-01-11📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-09📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-16🔓Charge satisfied #7
- 2021-12-01🔒Charge registered #8Lender: The Farm Energy Company Limited (10048543)
- 2021-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-16🔓Charge satisfied #6
- 2021-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-04🔒Charge registered #7Lender: The Farm Energy Company Limited (10048543)
- 2021-04-15📄capital-allotment-sharescapital · SH01
- 2021-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-04-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-04-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-02📄resolutionresolution · RESOLUTIONS
- 2017-08-18➖TAYLOR, Eric Raymond resigneddirector
- 2015-09-30🔓Charge satisfied #5
- 2015-09-30🔓Charge satisfied #3
- 2014-12-01🔓Charge satisfied #4
- 2014-11-20🔒Charge registered #6Lender: Bank of Scotland PLC
- 2010-04-05➕THOMSON, Carol appointeddirector
- 2009-07-14🔒Charge registered #5Lender: Bank of Scotland PLC
- 2006-08-08🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2006-06-20🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2005-04-23🔓Charge satisfied #2
- 2005-04-23🔓Charge satisfied #1
- 2004-09-27🔒Charge registered #2Lender: Nobel Exhibition Trust
- 2004-09-16🔒Charge registered #1Lender: Nobel Exhibition Trust
- 2004-06-17🏢Company incorporatedAs ARDEER REGENERATION LIMITED
- 2004-06-17➕MCFARLANE, Michelle appointedsecretary
- 2004-06-17➕MCFARLANE, Michelle appointeddirector
- 2004-06-17➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2004-06-17➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-06-17➕TAYLOR, Eric Raymond appointeddirector
- 2004-06-17➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
- 2004-06-17➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
85/100
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 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
Group structure
Npl Developments Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Npl Developments Ltd
Corporate parent · holds 75-100% shares
⬇
ARDEER REGENERATION LIMITED
This company · SC269486
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Npl Developments Ltd Corporate entity | 75–100% | — | 75-100% shares | 31/03/2020 |
Mr Robert Mcfarlane Individual · British · DOB 08/1946 · age 80 | — | — | sig. influencesignificant influence | 31/03/2020 |
1 historic (ceased) PSC
- Mr Robert Mcfarlaneceased 31/03/2020· 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
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVONLEA PROPERTY MANAGEMENT LIMITED→ SC205575 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AVOS HOLDING LIMITED→ SC567366 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AVSCO LTD→ SC655954 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AW RESIDENTIAL PROPERTIES LIMITED→ SC690098 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AWAARD LTD→ SC858737 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AXION PROPERTY LIMITED→ SC777546 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AYR MOUNT LTD→ SC670968 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BABOS BTL LTD→ SC831717 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BACK ROW PROPERTIES LIMITED→ SC325329 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BADREKHAN PROPERTIES LTD→ SC821189 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BALBOA ESTATES LIMITED→ SC756668 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BALGLASS LTD→ SC881462 · est 2026 · 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
Incorporated2004-06-17
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
1st Floor
183 St. Vincent Street
Glasgow
G2 5QD
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26
Officers (2 active · 4 resigned)
MCFARLANE, Michelle→
Activesecretary · appointed 2004-06-17
View their other companies + combined net worth →
MCFARLANE, Michelle→
Activedirector · ~58y · appointed 2004-06-17
View their other companies + combined net worth →
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-17 · resigned 2004-06-17
TAYLOR, Eric Raymond→
Resigneddirector · ~75y · appointed 2004-06-17 · resigned 2017-08-18
THOMSON, Carol→
Resigneddirector · ~55y · appointed 2010-04-05 · resigned 2025-05-07
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2004-06-17 · resigned 2004-06-17
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
2
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mr Robert Mcfarlane | A charge over all assets of the company for all costs and expenses incurred on behalf of ardeer regeneration limited | 1 property | 06/02/2025 | — | |
| outstanding | The Farm Energy Company (10048543) The Farm Energy Company Limited (10048543) | A registered charge | 1 property | 01/12/2021 | — | |
| satisfied | The Farm Energy Company (10048543) The Farm Energy Company Limited (10048543) | A registered charge | 1 property | 04/11/2021 | 16/12/2021 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 20/11/2014 | 16/11/2021 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of confirmation | 1 property | 14/07/2009 | 30/09/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 08/08/2006 | 01/12/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 20/06/2006 | 30/09/2015 | |
| satisfied | Nobel Exhibition Trust | Standard security | 1 property | 27/09/2004 | 23/04/2005 | |
| satisfied | Nobel Exhibition Trust | Bond & floating charge | 1 property | 16/09/2004 | 23/04/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (86 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
change-account-reference-date-company-current-shortened
accounts · AA01
2026-03-30
termination-director-company-with-name-termination-date
officers · TM01
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
mortgage-create-without-deed-with-charge-number-charge-creation-date
mortgage · MR08
2025-02-22
accounts-with-accounts-type-small
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-small
accounts · AA
2024-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-small
accounts · AA
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-26
accounts-with-accounts-type-small
accounts · AA
2021-12-31
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-16
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-16