RURAL DESIGN LTD.
- · Oldest live charge 9.1y old — refinance window within 12 months
Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 9.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 9.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £366.2k |
| Current assets | — | £164.5k |
| Cash | — | £3.1k |
| Debtors | — | £101.3k |
| Net assets | — | £358.9k |
| Average employees | 1000 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (43 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-01🔓Charge satisfied #3
- 2024-12-24📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-14🔒Charge registered #3Lender: Alan Mclean Dickson
- 2023-08-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-08-02➕GATE, John Angus appointeddirector
- 2023-08-02➕MACKINNON, Kirsty Jane appointeddirector
- 2023-08-02➖SMITH, Gillian resignedsecretary
- 2023-08-02➖DICKSON, Alan Mclean resigneddirector
- 2023-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-06🔓Charge satisfied #1
- 2023-04-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-31➖SMITH, Gillian resigneddirector
- 2022-12-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-10➖GALBRAITH, Iain Alasdair resigneddirector
- 2022-12-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-08🔓Charge satisfied #2
- 2022-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-01➕GALBRAITH, Iain Alasdair appointeddirector
- 2017-04-04🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2017-03-29🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2015-06-22➖MACDONALD, Marion Isobel resigneddirector
- 2005-04-07➕MACDONALD, Marion Isobel appointeddirector
- 2005-02-16🏢Company incorporatedAs RURAL DESIGN LTD.
- 2005-02-16➕SMITH, Gillian appointedsecretary
- 2005-02-16➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2005-02-16➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2005-02-16➕DICKSON, Alan Mclean appointeddirector
- 2005-02-16➕SMITH, Gillian appointeddirector
- 2005-02-16➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2005-02-16➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Isle Of Skye Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Isle Of Skye Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/08/2023 |
2 historic (ceased) PSCs
- Mr Alan Mclean Dicksonceased 02/08/2023· 25-50% shares
- Ms Gillian Smithceased 02/08/2023· 25-50% shares
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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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 →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 (2 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Alan Mclean Dickson / Gillian Smith | A registered charge | 2 properties | 14/08/2023 | 01/03/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 04/04/2017 | 06/06/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 29/03/2017 | 08/12/2022 |