BURNBANK INVESTMENTS LIMITED
🌳Matureactive
SC340769 · ltd · incorporated 2008-04-03
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 17.7y 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 Mar 2025
Net worth
£32.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 69-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). 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 17.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 17.7 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: medium (79/100)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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £32,792
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£33k
↑ 4.4% YoY
Current Assets
£864
↑ 8.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £178.6k | £163.6k |
| Current assets | £864 | £800 |
| Net assets | £32.8k | £31.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-01-12🔓Charge satisfied #2
- 2015-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-13🔒Charge registered #3Lender: Lloyds Tsb Scotland PLC
- 2010-01-22🔒Charge registered #2Lender: Lloyds Tsb Scotland PLC
- 2008-10-07🔒Charge registered #1Lender: Lloyds Tsb Scotland PLC
- 2008-04-03🏢Company incorporatedAs BURNBANK INVESTMENTS LIMITED
- 2008-04-03➕MACFADYEN, Elizabeth appointedsecretary
- 2008-04-03➕MCGRANAGHAN, James appointeddirector
- 2008-04-03➕MCGRANAGHAN, Michael William appointeddirector
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael William Mcgranaghan Individual · British · DOB 02/1966 · age 60 | 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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKZ PROPERTIES LIMITED→ SC198072 · est 1999 | £2.10M £1.78M–£2.41M | — | £2.10M | — | 26y | 82 | 83y |
| NMS PORTFOLIO LIMITED→ SC168894 · est 1996 | £808.0k £686.8k–£929.3k | — | £808.0k | — | 29y | 83 | 75y |
| KENTALLEN ADVENTURE LTD.→ SC290827 · est 2005 | £630.6k £536.0k–£725.1k | — | £630.6k | — | 20y | 82 | 68y |
| CITY LETS (GLASGOW) LIMITED→ SC160734 · est 1995 | £622.8k £529.4k–£716.2k | — | £622.8k | — | 30y | 82 | 87y |
| FERNOCH LIMITED→ SC301506 · est 2006 | £593.0k £504.0k–£681.9k | — | £593.0k | — | 20y | 82 | 73y |
| D M & S PROPERTIES LTD.→ SC295500 · est 2006 | £570.4k £484.8k–£655.9k | — | £570.4k | — | 20y | 82 | 78y |
| GREENPORT LIMITED→ SC300747 · est 2006 | £532.4k £452.6k–£612.3k | — | £532.4k | — | 20y | 82 | 72y |
| COLPROP LIMITED→ SC151689 · est 1994 | £531.5k £451.8k–£611.2k | — | £531.5k | — | 31y | 82 | 84y |
| D.N. MUNRO LIMITED→ SC273184 · est 2004 | £420.7k £357.6k–£483.9k | — | £420.7k | — | 21y | 82 | 58y |
| CORBEN LTD→ SC174048 · est 1997 | £218.8k £186.0k–£251.6k | — | £218.8k | — | 29y | 82 | 68y |
| CK HAIR LTD.→ SC194511 · est 1999 | £153.0k £130.0k–£175.9k | — | £153.0k | — | 27y | 82 | 60y |
| LETSLET.ME.UK LIMITED→ SC282162 · est 2005 | £17.0k £14.4k–£19.5k | — | £17.0k | — | 21y | 83 | 64y |
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
Incorporated2008-04-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
The Watterman Business Centre
15 Watt Street
Greenock
PA16 8JN
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (3 active · 0 resigned)
MACFADYEN, Elizabeth→
Activesecretary · appointed 2008-04-03
View their other companies + combined net worth →
MCGRANAGHAN, James→
Activedirector · ~69y · appointed 2008-04-03
View their other companies + combined net worth →
MCGRANAGHAN, Michael William→
Activedirector · ~60y · appointed 2008-04-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 13/02/2012 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 22/01/2010 | 12/01/2016 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 07/10/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-06-24