KEILLOR PROPERTY DEVELOPMENTS LIMITED

💤Zombieactive
SC311194 · ltd · incorporated 2006-10-31
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
year to Mar 2025
Net worth
£46.0k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 50). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 18.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £46,038
Cash YoY
+1040%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£21k
↑ 1040% YoY
Net Worth
£46k
↑ 25% YoY
Current Assets
£46k
↑ 47% YoY
Current Liabilities
£0£9k£18k£28k£37k£46kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£77.6k£60.2k
Current assets£45.5k£30.9k
Cash£20.8k£1.8k
Debtors£19.7k£24.3k
Net assets£46.0k£36.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-11-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-10-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2020-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-10-07
    THOMAS, Wendy resigned
    secretary
  14. 2020-10-07
    THOMAS, Stephen John Frederick resigned
    director
  15. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-02-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2019-02-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2019-02-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2019-02-13
    🔓
    Charge satisfied #3
  20. 2019-02-13
    🔓
    Charge satisfied #2
  21. 2019-02-13
    🔓
    Charge satisfied #1
  22. 2018-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2008-01-18
    🔒
    Charge registered #3
    Lender: The Co-Operative Bank PLC
  24. 2007-08-16
    🔒
    Charge registered #2
    Lender: The Co-Operative Bank PLC
  25. 2007-07-04
    🔒
    Charge registered #1
    Lender: The Co-Operative Bank PLC
  26. 2006-11-18
    THOMAS, David appointed
    director
  27. 2006-11-18
    THOMAS, Wendy appointed
    secretary
  28. 2006-11-18
    MCKAY & NORWELL WS resigned
    corporate-nominee-secretary
  29. 2006-11-18
    HOOKE, Nicholas Thornton resigned
    nominee-director
  30. 2006-11-18
    THOMAS, Stephen John Frederick appointed
    director
  31. 2006-10-31
    🏢
    Company incorporated
    As KEILLOR PROPERTY DEVELOPMENTS LIMITED
  32. 2006-10-31
    MCKAY & NORWELL WS appointed
    corporate-nominee-secretary
  33. 2006-10-31
    HOOKE, Nicholas Thornton appointed
    nominee-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Thomas
Individual · British · DOB 01/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2006-10-31
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (1 active · 4 resigned)

THOMAS, David
director · ~50y · appointed 2006-11-18
View their other companies + combined net worth →
Active
THOMAS, Wendy
secretary · appointed 2006-11-18 · resigned 2020-10-07
Resigned
MCKAY & NORWELL WS
corporate-nominee-secretary · appointed 2006-10-31 · resigned 2006-11-18
Resigned
HOOKE, Nicholas Thornton
nominee-director · ~61y · appointed 2006-10-31 · resigned 2006-11-18
Resigned
THOMAS, Stephen John Frederick
director · ~63y · appointed 2006-11-18 · resigned 2020-10-07
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Co-operative Bank
The Co-Operative Bank PLC
Standard security1 property18/01/200813/02/2019
satisfied
Co-operative Bank
The Co-Operative Bank PLC
Standard security1 property16/08/200713/02/2019
satisfied
Co-operative Bank
The Co-Operative Bank PLC
Floating charge1 property04/07/200713/02/2019

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-17