PDF DEVELOPMENTS LIMITED
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
1 live charge · oldest 18.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (21 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-01➖INGLIS, Jean Kathleen resignedsecretary
- 2021-02-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2008-02-16🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2007-10-04🏢Company incorporatedAs PDF DEVELOPMENTS LIMITED
- 2007-10-04➕FRASER, Paul David appointeddirector
- 2007-10-04➕INGLIS, Jean Kathleen appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul David Fraser Individual · British · DOB 03/1976 · age 50 | 75–100% | — | 75-100% shares | 17/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| WALLSTREET ESTATES LTD→ SC535733 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| WARRENDER LETTINGS AGENCY LTD→ SC427887 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| WARSI HOLDINGS LTD→ SC852829 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WATERBOARD PROPERTY LTD→ SC747419 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| WATERLOO COMMERCIAL LTD→ SC830006 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WE HOLD LETS LTD→ SC822246 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WEEHI PROPERTIES LIMITED→ SC722230 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| WELCOME NEST LTD→ SC857985 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WEST INVESTMENTS (SCOTLAND) LTD→ SC536294 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| WEST LOTHIAN PROPERTIES LTD→ SC829459 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 16/02/2008 | — |