KELLSTON DEVELOPERS LTD

🌳Matureactive
SC321636 · ltd · incorporated 2007-04-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 71122Engineering related scientific and technical consulting activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 employees200200

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-08-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-10-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-09-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2007-04-19
    🏢
    Company incorporated
    As KELLSTON DEVELOPERS LTD
  17. 2007-04-19
    ➕
    KELLOCK, Nicola appointed
    secretary
  18. 2007-04-19
    ➕
    JOHNSTON, David Albert appointed
    director
  19. 2007-04-19
    ➕
    KELLOCK, Nicola Ann appointed
    director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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
Miss Nicola Ann Kellock
Individual · British · DOB 08/1971 · age 55
25–50%
—25-50% shares06/04/2016
Mr David Albert Johnston
Individual · British · DOB 05/1970 · age 56
25–50%
—25-50% shares06/04/2016

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

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 →
🔒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
Incorporated2007-04-19
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Cuil Bheag
Cuilc Brae
Pitlochry
Perthshire
PH16 5QS

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19

Officers (3 active · 0 resigned)

KELLOCK, Nicola→
secretary · appointed 2007-04-19
View their other companies + combined net worth →
Active
JOHNSTON, David Albert→
director · ~56y · appointed 2007-04-19
View their other companies + combined net worth →
Active
KELLOCK, Nicola Ann→
director · ~55y · appointed 2007-04-19
View their other companies + combined net worth →
Active

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

Recent filings (45 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-01