LESMAHAGOW DEVELOPMENT TRUST
- · Oldest live charge 4.3y old — refinance window within 12 months
Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · oldest 4.3y
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £423.4k | £464.4k |
| Current assets | £323.0k | £242.6k |
| Cash | £314.7k | £242.2k |
| Debtors | £8.2k | £399 |
| Net assets | £358.5k | £398.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (36 events)Click to expand
- 2025-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-25📄gazette-notice-compulsorygazette · GAZ1
- 2022-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-10🔒Charge registered #3Lender: Bank of Scotland PLC
- 2022-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-03🔒Charge registered #2Lender: Bank of Scotland PLC
- 2022-02-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-26🔒Charge registered #1Lender: Bank of Scotland PLC
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-21➖GOULDING, John Fraser resigneddirector
- 2020-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-02📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2019-09-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-08-12➖JARVIE, Robert Franklin resigneddirector
- 2019-03-10➕JARVIE, Robert Franklin appointeddirector
- 2015-08-01➖SMITH, Calum resigneddirector
- 2015-01-20➕SMITH, Calum appointeddirector
- 2013-08-31➖MACINTYRE, James resigneddirector
- 2010-11-20➖ARMSTRONG, Jane resigneddirector
- 2010-06-30➕GOULDING, John Fraser appointeddirector
- 2010-02-25➕TAYLOR, Michael appointeddirector
- 2010-02-25➕ARMSTRONG, Jane appointeddirector
- 2009-08-28🏢Company incorporatedAs LESMAHAGOW DEVELOPMENT TRUST
- 2009-08-28➕MONTGOMERY, Elizabeth appointedsecretary
- 2009-08-28➕MACCOLL, David appointeddirector
- 2009-08-28➕MONTGOMERY, Elizabeth appointeddirector
- 2009-08-28➕MACINTYRE, James appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Elizabeth Montgomery Individual · British · DOB 09/1975 · age 51 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr David Maccoll Individual · British · DOB 11/1968 · age 58 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Michael Taylor Individual · British · DOB 01/1972 · age 54 | — | — | sig. influencesignificant influence | 06/04/2016 |
3 historic (ceased) PSCs
- Mr Robert Franklin Jarvieceased 12/08/2019· significant influence · trust interest · firm interest
- Mr Michael Taylorceased 01/09/2019· significant influence · trust interest · firm interest
- Mr John Fraser Gouldingceased 21/05/2020· significant influence
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
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|---|---|---|---|---|---|---|---|
| D & G FIRE PROTECTION LIMITED→ SC225553 · est 2001 | — | — | £141.1k | — | 24y | 82 | 66y |
| GP SCOTLAND LIMITED→ SC181457 · est 1997 | — | — | £2 | — | 28y | 82 | 83y |
| W & J BARR & SONS (SCOTLAND) LIMITED→ SC013396 · est 1924 · no financials extracted | — | — | — | — | 101y | 82 | 65y |
| ADAM'S COMMUNITY TRUST→ SC346177 · est 2008 · no financials extracted | — | — | — | — | 17y | 81 | 63y |
| EDINBURGH BUILDING SAFETY ORGANISATION LIMITED→ SC037905 · est 1962 · no financials extracted | — | — | — | — | 63y | 81 | 64y |
| ROTABROACH DIRECT LTD→ SC375155 · est 2010 | — | — | — | — | 16y | 81 | 58y |
| THINK SCOTLAND LIMITED→ SC312320 · est 2006 | — | — | — | 300 | 19y | 81 | 59y |
| THREESTANES LIMITED→ SC370737 · est 2010 | — | — | — | — | 16y | 81 | 64y |
| UTHEO LIMITED→ SC145454 · est 1993 · no financials extracted | — | — | — | — | 32y | 81 | 84y |
| WELLCROFT LIMITED→ SC161235 · est 1995 | — | — | — | 0 | 30y | 81 | 63y |
| AC&H 181 LIMITED→ SC258643 · est 2003 · no financials extracted | — | — | — | — | 22y | 80 | 68y |
| AIRCOM EUROPE LIMITED→ SC249671 · est 2003 | — | — | — | — | 23y | 80 | 61y |
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 (4 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/02/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 03/02/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 26/01/2022 | — |