NEWHAILES COMMERCIAL LIMITED
🌳Matureactive
SC331460 · ltd · incorporated 2007-09-26
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£1.05M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
- 70229Management consultancy activities other than financial management
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
15 live charges · 8 lenders · oldest 18.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)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
75
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,052,335
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£18k
↓ 46% YoY
Net Worth
£1.1m
↑ 4.3% YoY
Current Assets
£2.0m
↑ 4.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.92M | £1.83M |
| Current assets | £2.03M | £1.95M |
| Cash | £18.3k | £33.8k |
| Debtors | £405.3k | £348.7k |
| Net assets | £1.05M | £1.01M |
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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 incorporation
- • 1 resolution
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
- 2025-12-31📄memorandum-articlesincorporation · MA
- 2025-12-31📄resolutionresolution · RESOLUTIONS
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-25📄capital-allotment-sharescapital · SH01
- 2025-03-13📄resolutionresolution · RESOLUTIONS
- 2025-01-16📄capital-allotment-sharescapital · SH01
- 2025-01-16📄capital-alter-shares-subdivisioncapital · SH02
- 2025-01-08📄resolutionresolution · RESOLUTIONS
- 2025-01-08📄resolutionresolution · RESOLUTIONS
- 2025-01-08📄resolutionresolution · RESOLUTIONS
- 2025-01-08📄resolutionresolution · RESOLUTIONS
- 2025-01-08📄memorandum-articlesincorporation · MA
- 2024-08-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-02🔓Charge satisfied #13
- 2022-12-02🔓Charge satisfied #9
- 2022-12-02🔓Charge satisfied #8
- 2022-12-02🔓Charge satisfied #7
- 2022-09-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-12🔒Charge registered #16Lender: Allica Bank Limited
- 2019-05-23➖FAIRGRIEVE, Jay resigneddirector
- 2019-02-20➕FAIRGRIEVE, Jay appointeddirector
- 2018-11-14🔓Charge satisfied #15
- 2018-01-11🔓Charge satisfied #14
- 2018-01-11🔓Charge satisfied #12
- 2018-01-10🔒Charge registered #15Lender: Lendinvest Security Trustees Limited
- 2016-12-22🔒Charge registered #14Lender: Bridging Loans Limited
- 2016-08-09🔓Charge satisfied #10
- 2016-08-09🔓Charge satisfied #6
- 2016-08-09🔓Charge satisfied #4
- 2016-07-28🔓Charge satisfied #11
- 2016-07-23🔒Charge registered #13Lender: Cambridge & Counties Bank Limited
- 2016-01-06🔒Charge registered #12Lender: Bridging Loans Limited
- 2015-12-29🔒Charge registered #11Lender: Bridging Loans Limited
- 2015-11-17🔒Charge registered #10Lender: Kilmac Commercial Limited
- 2015-11-17🔒Charge registered #9Lender: Cambridge and Counties Bank Limited
- 2015-11-17🔒Charge registered #8Lender: Cambridge and Counties Bank Limited
- 2015-11-09🔒Charge registered #7Lender: Cambridge and Counties Bank Limited
- 2015-09-28➖FAIRGRIEVE, Scott resignedsecretary
- 2015-06-09🔒Charge registered #6Lender: Bridging Loans
- 2015-04-01➕FAIRGRIEVE, Scott appointeddirector
- 2014-09-13➖FAIRGRIEVE, Scott resigneddirector
- 2014-08-21🔓Charge satisfied #3
- 2014-08-12➕FAIRGRIEVE, Denise Helen appointeddirector
Showing most recent 50 of 69 events
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Denise Helen Fairgrieve Individual · British · DOB 08/1968 · age 58 | 25–50% | — | 25-50% shares | 14/08/2024 |
Mr Scott Fairgrieve Individual · British · DOB 06/1969 · age 57 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWEEDDALE COURT (EDINBURGH) LIMITED→ SC074222 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| TWO ROBS LIMITED→ SC855594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| UM PROPERTY MANAGEMENT LIMITED→ SC797099 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| V&A HOUSES LTD→ SC788882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER DEVELOPMENTS LTD→ SC796661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER PROPERTY INVESTMENTS LTD→ SC666748 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| VMW PROPERTIES LTD→ SC850785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VNS LETS LIMITED→ SC733350 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| W9 DEVELOPMENTS LTD→ SC764449 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| WALLACE PROP CO LTD→ SC854441 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2007-09-26
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Altair House
2b Macmerry Business Park
Macmerry
East Lothian
EH33 1RW
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26
Officers (2 active · 8 resigned)
FAIRGRIEVE, Denise Helen→
Activedirector · ~58y · appointed 2014-08-12
View their other companies + combined net worth →
FAIRGRIEVE, Scott→
Activedirector · ~57y · appointed 2015-04-01
View their other companies + combined net worth →
FAIRGRIEVE, Jay→
Resignedsecretary · appointed 2011-06-30 · resigned 2012-09-13
FAIRGRIEVE, Scott→
Resignedsecretary · appointed 2012-09-13 · resigned 2015-09-28
FAIRGRIEVE, Scott→
Resignedsecretary · appointed 2007-09-26 · resigned 2011-07-18
FAIRGRIEVE, Jay→
Resigneddirector · ~32y · appointed 2019-02-20 · resigned 2019-05-23
FAIRGRIEVE, Jay→
Resigneddirector · ~32y · appointed 2011-06-30 · resigned 2012-09-13
FAIRGRIEVE, Scott→
Resigneddirector · ~57y · appointed 2012-09-12 · resigned 2014-09-13
FAIRGRIEVE, Scott→
Resigneddirector · ~58y · appointed 2007-09-26 · resigned 2011-07-18
MCCABE, Kevin Timbrell→
Resigneddirector · ~63y · appointed 2007-09-26 · resigned 2008-07-18
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
1
Outstanding
1
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Allica Bank Allica Bank Limited | A registered charge | 1 property | 12/09/2022 | — | |
| satisfied | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 10/01/2018 | 14/11/2018 | |
| satisfied | Bridging Loans Bridging Loans Limited | A registered charge | 1 property | 22/12/2016 | 11/01/2018 | |
| satisfied | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 23/07/2016 | 02/12/2022 | |
| satisfied | Bridging Loans Bridging Loans Limited | A registered charge | 1 property | 06/01/2016 | 11/01/2018 | |
| satisfied | Bridging Loans Bridging Loans Limited | A registered charge | 1 property | 29/12/2015 | 28/07/2016 | |
| satisfied | Kilmac Commercial Kilmac Commercial Limited | A registered charge | 1 property | 17/11/2015 | 09/08/2016 | |
| satisfied | Cambridge and Counties Bank Cambridge and Counties Bank Limited | A registered charge | 1 property | 17/11/2015 | 02/12/2022 | |
| satisfied | Cambridge and Counties Bank Cambridge and Counties Bank Limited | A registered charge | 1 property | 17/11/2015 | 02/12/2022 | |
| satisfied | Cambridge and Counties Bank Cambridge and Counties Bank Limited | A registered charge | 1 property | 09/11/2015 | 02/12/2022 | |
| satisfied | Bridging Loans | A registered charge | 1 property | 09/06/2015 | 09/08/2016 | |
| satisfied | Kilmac Commercial Kilmac Commercial Limited | A registered charge | 1 property | 06/08/2014 | 09/08/2016 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 14/05/2008 | 21/08/2014 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 16/04/2008 | 11/08/2014 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 16/04/2008 | 11/10/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
memorandum-articles
incorporation · MA
2025-12-31
resolution
resolution · RESOLUTIONS
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
capital-allotment-shares
capital · SH01
2025-03-25
resolution
resolution · RESOLUTIONS
2025-03-13
capital-allotment-shares
capital · SH01
2025-01-16
capital-alter-shares-subdivision
capital · SH02
2025-01-16
resolution
resolution · RESOLUTIONS
2025-01-08
resolution
resolution · RESOLUTIONS
2025-01-08
resolution
resolution · RESOLUTIONS
2025-01-08
resolution
resolution · RESOLUTIONS
2025-01-08
memorandum-articles
incorporation · MA
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-15