WEST KEY PROPERTIES LIMITED

🌳Matureactive
SC273783 · ltd · incorporated 2004-09-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 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

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-08-16
    🔓
    Charge satisfied #1
  5. 2024-04-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-03-28
    🔒
    Charge registered #1
    Lender: Samuel Henderson
  7. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-08-24
    ➖
    SWINBANKS, Rosemary Edith Hamilton resigned
    secretary
  13. 2020-08-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-04-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2004-09-23
    🏢
    Company incorporated
    As WEST KEY PROPERTIES LIMITED
  20. 2004-09-23
    ➕
    SWINBANKS, Duncan John appointed
    director
  21. 2004-09-23
    ➕
    SWINBANKS, Rosemary Edith Hamilton appointed
    director
  22. 2004-09-23
    ➕
    SWINBANKS, Rosemary Edith Hamilton appointed
    secretary
  23. 2004-09-23
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2004-09-23
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

91/100
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
  • +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 74 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 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

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 Duncan John Swinbanks
Individual · British · DOB 08/1952 · age 74
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Rosemary Edith Hamilton Swinbanks
Individual · British · DOB 09/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2004-09-23
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Drumfin Cottage Salen Road
Tobermory
Isle Of Mull
Argyll
PA75 6QB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-08
Last: 2025-09-24

Officers (2 active · 2 resigned)

SWINBANKS, Duncan John→
director · ~74y · appointed 2004-09-23
View their other companies + combined net worth →
Active
SWINBANKS, Rosemary Edith Hamilton→
director · ~71y · appointed 2004-09-23
View their other companies + combined net worth →
Active
SWINBANKS, Rosemary Edith Hamilton→
secretary · appointed 2004-09-23 · resigned 2020-08-24
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-09-23 · resigned 2004-09-23
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Samuel Henderson / Barbara Henderson
A registered charge1 property28/03/202416/08/2024

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-24