GREENBURN PROPERTY CO. LIMITED

🌳Matureactive

SC309497 · ltd · incorporated 2006-10-02

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2025

Net worth

£-448

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.8y

65/100

clean up first

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

· Oldest live charge is 18.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (87/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

6 officers (5 active, 6 linked, 5 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

4 connected companies via shared directors

Filing history

44 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £448

Net assets shrinking

Down £840 YoY

Cash YoY

+211%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£286

↑ 211% YoY

Net Worth

-£448

↓ 214% YoY

Current Assets

£286

↓ 52% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31	2023-10-31
Total assets	£-448	£392	—
Current assets	£286	£592	—
Cash	£286	£92	—
Net assets	£-448	£392	—

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-05-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-07
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-05
📄
change-person-director-company-with-change-date
officers · CH01
2017-02-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2007-07-16
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2006-10-04
➖
ADAM, Alison Margaret resigned
director
2006-10-02
🏢
Company incorporated
As GREENBURN PROPERTY CO. LIMITED
2006-10-02
➕
ADD ACCOUNTANCY LTD appointed
corporate-secretary
2006-10-02
➕
MATHIESON, Kenneth appointed
director
2006-10-02
➕
MATHIESON, Ruth Ann appointed
director
2006-10-02
➕
TOWNSLEY, Angela appointed
director
2006-10-02
➕
TOWNSLEY, Derek James appointed
director
2006-10-02
➕
ADAM, Alison Margaret appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

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 70 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 20 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

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Derek James Townsley Individual · British · DOB 11/1957 · age 69	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	02/10/2016
Mrs Ruth Ann Mathieson Individual · British · DOB 06/1959 · age 67	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	02/10/2016
Mr Kenneth Mathieson Individual · British · DOB 12/1956 · age 70	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	02/10/2016
Mrs Angela Townsley Individual · British · DOB 09/1956 · age 70	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	02/10/2016

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

Active · Construction · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
HUTCHEON SERVICES LIMITED→ SC071884 · est 1980	£3.47M £2.48M–£4.46M	—	—	17200	45y	84	61y
M.T.M.CONSTRUCTION LIMITED→ SC056163 · est 1974	£2.93M £2.10M–£3.77M	—	—	5200	51y	87	76y
THISTLE WINDOWS & CONSERVATORIES LIMITED→ SC159622 · est 1995	£1.28M £917.3k–£1.65M	—	—	119	30y	84	65y
SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
AM CAMPBELL (UK) LTD.→ SC212573 · est 2000	—	—	£72.9k	—	25y	83	63y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
SPARK'S MECHANICAL SERVICES LIMITED→ SC102458 · est 1986	—	—	£3.06M	—	39y	83	59y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	22y	83	59y
WHITEHILLS DEVELOPMENT CO. LTD.→ SC216307 · est 2001	—	—	£49.1k	—	25y	83	75y
A & B BUCHAN LIMITED→ SC375607 · est 2010	—	—	£945.4k	—	16y	82	62y

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.

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Company details

Statusactive

Typeltd

Incorporated2006-10-02

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-10-16

Last: 2025-10-02

Officers (5 active · 1 resigned)

ADD ACCOUNTANCY LTD→

corporate-secretary · appointed 2006-10-02

View their other companies + combined net worth →

Active

MATHIESON, Kenneth→

director · ~70y · appointed 2006-10-02

View their other companies + combined net worth →

Active

MATHIESON, Ruth Ann→

director · ~67y · appointed 2006-10-02

View their other companies + combined net worth →

Active

TOWNSLEY, Angela→

director · ~70y · appointed 2006-10-02

View their other companies + combined net worth →

Active

TOWNSLEY, Derek James→

director · ~69y · appointed 2006-10-02

View their other companies + combined net worth →

Active

ADAM, Alison Margaret→

director · ~67y · appointed 2006-10-02 · resigned 2006-10-04

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	16/07/2007	—

Click column headers to sort. Use filters above to narrow by status and lender.