SPACE SOLUTIONS (SCOTLAND) LIMITED

🌳Matureactive

SC322119 · ltd · incorporated 2007-04-24

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 18.9y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£3.59M

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

ALSO REGISTERED FOR

41100Development of building projects
43320Joinery installation
43330Floor and wall covering

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. 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

3 live charges · oldest 18.9y

65/100

clean up first

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

· Oldest live charge is 18.9 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 (84/100)

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

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

12 officers (5 active, 12 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

15 connected companies via shared directors

Filing history

90 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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 · FRS 102

Positive net assets

Net assets £3,585,364

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.8m

Net Worth

£3.6m

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Cash	£2.78M	—
Net assets	£3.59M	—
Average employees	—	17900

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-02-27
📄
accounts-with-accounts-type-group
accounts · AA
2025-10-06
📄
memorandum-articles
incorporation · MA
2025-10-06
📄
resolution
resolution · RESOLUTIONS
2025-10-06
📄
capital-name-of-class-of-shares
capital · SH08
2025-10-03
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-03
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-03
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-03
📄
capital-allotment-shares
capital · SH01
2025-10-03
📄
resolution
resolution · RESOLUTIONS
2024-12-19
➖
THOMSON, Teresa Carol resigned
director
2024-12-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2024-05-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30
➖
MATHIESON, James Gordon resigned
director
2023-12-21
📄
accounts-with-accounts-type-group
accounts · AA
2023-11-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-03
🔓
Charge satisfied #3
2022-11-22
📄
accounts-with-accounts-type-group
accounts · AA
2022-02-07
📄
accounts-with-accounts-type-group
accounts · AA
2021-03-31
📄
accounts-with-accounts-type-group
accounts · AA
2020-08-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-10
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2020-05-29
📄
memorandum-articles
incorporation · MA
2019-07-15
➖
BINNIE, Derek Malcolm resigned
director
2019-05-07
➕
MATHIESON, James Gordon appointed
director
2019-05-07
➕
THOMSON, Teresa Carol appointed
director
2018-10-31
➖
BARRACK, James Grieve resigned
director
2018-05-01
➕
MIDDLETON, Gordon Ian appointed
director
2014-07-09
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2009-11-25
➖
MORRISON, Graeme Roland resigned
director
2008-07-23
➕
STRONACHS SECRETARIES LIMITED appointed
corporate-secretary
2008-07-23
➖
STRONACHS resigned
corporate-nominee-secretary
2007-07-05
➕
COPE, Kenneth Ryland appointed
director
2007-07-05
➕
JUDGE, Steven Charles Forbes appointed
director
2007-07-05
➕
WILSON, Mark appointed
director
2007-07-05
➕
BARRACK, James Grieve appointed
director
2007-07-05
➕
BINNIE, Derek Malcolm appointed
director
2007-07-05
➕
MORRISON, Graeme Roland appointed
director
2007-07-05
➖
NEILSON, Ewan Craig resigned
nominee-director
2007-07-05
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2007-04-24
🏢
Company incorporated
As SPACE SOLUTIONS (SCOTLAND) LIMITED
2007-04-24
➕
STRONACHS appointed
corporate-nominee-secretary
2007-04-24
➕
NEILSON, Ewan Craig appointed
nominee-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
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.)

Group structure

Space Solutions (Scotland) Trustee Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Space Solutions (Scotland) Trustee Company Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

SPACE SOLUTIONS (SCOTLAND) LIMITED

This company · SC322119

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
Space Solutions (Scotland) Trustee Company Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/09/2025

2 historic (ceased) PSCs

Chess Group Investment Company Limitedceased 30/09/2025· 25-50% shares · 25-50% voting
Mr Steven Charles Forbes Judgeceased 30/09/2025· 25-50% shares · 25-50% voting

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 · Energy & utilities · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EIS WASTE SERVICES LIMITED→ SC254990 · est 2003	£25.56M £18.40M–£32.71M	£17.10M	—	11200	22y	83	53y
4L ENERGY LIMITED→ SC366919 · est 2009	—	—	£3.79M	—	16y	83	77y
CASTLE OF AUCHRY WINDFARM LIMITED→ SC364080 · est 2009	—	—	£1.41M	—	16y	83	67y
UDNY COMMUNITY WIND TURBINE COMPANY LIMITED→ SC355386 · est 2009	—	—	£544.1k	—	17y	83	78y
BENZIES RENEWABLE POWER LTD.→ SC352727 · est 2008	—	—	£3.02M	—	17y	82	70y
BRUXIEHILL WIND ENERGY LIMITED→ SC347146 · est 2008	—	—	£1.83M	—	17y	82	62y
GREEN FUTURE FARMS LIMITED→ SC372839 · est 2010	—	—	£2.15M	—	16y	82	59y
HERSCHA WIND ENERGY LIMITED→ SC333209 · est 2007	—	—	—	0	18y	82	69y
MUIRDEN 1 LIMITED→ SC372838 · est 2010	—	—	£11.38M	—	16y	82	84y
MULBEN ENERGY LIMITED→ SC395010 · est 2011	—	—	—	0	15y	82	74y
ORKAN LIMITED→ SC395126 · est 2011	—	—	—	0	15y	82	64y
RORA RENEWABLE ENERGY LIMITED→ SC395947 · est 2011	—	—	—	200	15y	82	62y

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

Incorporated2007-04-24

Jurisdictionscotland

Primary SIC38110 — SIC 38110

Registered office

Bishop House

50 Carden Place

Aberdeen

AB10 1UP

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-05-08

Last: 2026-04-24