KIPPEN PROPERTIES LIMITED

⚰️Wound downdissolved
SC343029 · ltd · incorporated 2008-05-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2023
Net worth
£3.9k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 62/100. Strong seller-intent signal (78/100, director aged 69). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 18.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 18.0 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £3,853

Key financials

1 year extracted from filed iXBRL accounts
Cash
£686
Net Worth
£4k
Current Assets
£7k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-11-30
Total assets£3.9k
Current assets£6.5k
Cash£686
Debtors£5.9k
Net assets£3.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2024-09-03
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-09-03
    🏁
    Company dissolved
  3. 2024-06-18
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2024-06-10
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2024-04-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2024-02-23
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2023-09-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-09-05
    🔓
    Charge satisfied #5
  9. 2023-05-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-05-23
    🔓
    Charge satisfied #6
  11. 2023-05-11
    ➖
    THOMSON, Andrew Michael Macgregor resigned
    secretary
  12. 2023-05-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2023-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-10-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2018-10-02
    🔓
    Charge satisfied #3
  21. 2018-09-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2018-09-17
    🔓
    Charge satisfied #4
  23. 2018-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2017-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2017-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2017-05-08
    🔒
    Charge registered #8
    Lender: Caledonian Heritable Limited
  27. 2017-04-29
    🔒
    Charge registered #7
    Lender: Caledonian Heritable Limited
  28. 2017-04-26
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  29. 2016-09-16
    🔒
    Charge registered #5
    Lender: The Bank of Scotland PLC
  30. 2016-03-24
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  31. 2014-04-11
    🔓
    Charge satisfied #2
  32. 2014-03-04
    🔓
    Charge satisfied #1
  33. 2014-02-27
    🔒
    Charge registered #3
    Lender: Greene King Brewing and Retailing Limited
  34. 2009-12-01
    ➕
    THOMSON, Andrew Michael Macgregor appointed
    secretary
  35. 2009-12-01
    ➖
    KERR STIRLING LLP resigned
    corporate-secretary
  36. 2008-06-19
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  37. 2008-06-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  38. 2008-05-17
    ➕
    DOYLE, Lee Grant Marshall appointed
    director
  39. 2008-05-17
    ➕
    HENDERSON, Ross appointed
    director
  40. 2008-05-17
    ➕
    KERR STIRLING LLP appointed
    corporate-secretary
  41. 2008-05-16
    🏢
    Company incorporated
    As KIPPEN PROPERTIES LIMITED
  42. 2008-05-16
    ➕
    COSEC LIMITED appointed
    corporate-nominee-secretary
  43. 2008-05-16
    ➖
    COSEC LIMITED resigned
    corporate-nominee-secretary
  44. 2008-05-16
    ➕
    CODIR LIMITED appointed
    corporate-director
  45. 2008-05-16
    ➖
    CODIR LIMITED resigned
    corporate-director
  46. 2008-05-16
    ➕
    COSEC LIMITED appointed
    corporate-nominee-director
  47. 2008-05-16
    ➖
    COSEC LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The 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.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong 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

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-09-03

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Stirling Inns Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Stirling Inns Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
KIPPEN PROPERTIES LIMITED
This company · SC343029

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Stirling Inns Limited
Corporate entity
25–50%
—25-50% shares15/05/2017

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 · Hospitality · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DRUMOSSIE HOTEL LIMITED→
SC166906 · est 1996
£1.63M
£1.22M–£2.03M
——640029y8476y
R.A.W.G. KERR LTD.→
SC277405 · est 2004
£313.0k
£234.7k–£391.2k
——321y8265y
BRUCE GROUP SCOTLAND LIMITED→
SC236976 · est 2002
——£409.4k—23y8360y
LION & UNICORN HOTEL LIMITED→
SC202210 · est 1999
———1526y8364y
LOCHSIDE COTTAGES LIMITED→
SC023268 · est 1945
——£263.0k—81y8369y
MONUMENT LEISURE PITTODRIE LIMITED→
SC368676 · est 2009
———420016y8376y
BAR ALDO LIMITED→
SC312643 · est 2006
——£20.6k—19y8262y
BLUENOTE RESTAURANT LTD.→
SC171302 · est 1997
——£100.3k—29y8264y
CASTLE VIEW RETAIL LIMITED→
SC220895 · est 2001 · no financials extracted
————24y8265y
ECOSSE LEISURE LIMITED→
SC196518 · est 1999
———027y8273y
GJ ANDERSON LIMITED→
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——£18.5k—20y8266y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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

Statusdissolved
Typeltd
Incorporated2008-05-16
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

Springfield House
Laurelhill Business Park
Stirling
FK7 9JQ
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2023-11-30
Confirmation statement
Next due: —
Last: 2023-05-16

Officers (0 active · 5 resigned)

DOYLE, Lee Grant Marshall→
director · ~58y · appointed 2008-05-17
View their other companies + combined net worth →
Active
HENDERSON, Ross→
director · ~69y · appointed 2008-05-17
View their other companies + combined net worth →
Active
THOMSON, Andrew Michael Macgregor→
secretary · appointed 2009-12-01 · resigned 2023-05-11
Resigned
COSEC LIMITED→
corporate-nominee-secretary · appointed 2008-05-16 · resigned 2008-05-16
Resigned
KERR STIRLING LLP→
corporate-secretary · appointed 2008-05-17 · resigned 2009-12-01
Resigned
CODIR LIMITED→
corporate-director · appointed 2008-05-16 · resigned 2008-05-16
Resigned
COSEC LIMITED→
corporate-nominee-director · appointed 2008-05-16 · resigned 2008-05-16
Resigned

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

Mortgages & charges

8
Total charges
2
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Caledonian Heritable
Caledonian Heritable Limited
A registered charge1 property08/05/2017—
outstanding
Caledonian Heritable
Caledonian Heritable Limited
A registered charge1 property29/04/2017—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property26/04/201723/05/2023
satisfied
Lloyds Banking Group
The Bank of Scotland PLC
A registered charge—16/09/201605/09/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/03/201617/09/2018
satisfied
Greene King Brewing and Retailing
Greene King Brewing and Retailing Limited
A registered charge1 property27/02/201402/10/2018
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/06/200811/04/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property05/06/200804/03/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-09-03
gazette-notice-voluntary
gazette · GAZ1(A)
2024-06-18
dissolution-application-strike-off-company
dissolution · DS01
2024-06-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-10
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-22
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-29