KNOCKNAIN DEVELOPMENTS LIMITED
🌳Matureactive
SC388517 · ltd · incorporated 2010-11-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 14.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | — | £229.2k |
| Current assets | — | £124.5k |
| Cash | — | £36.8k |
| Debtors | — | £87.8k |
| Net assets | — | £76.8k |
| Average employees | 200 | — |
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
5
filings
- • 5 mortgage
Last 180 days
6
filings
- • 5 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-03🔓Charge satisfied #5
- 2026-02-03🔓Charge satisfied #4
- 2026-02-03🔓Charge satisfied #3
- 2026-02-03🔓Charge satisfied #1
- 2026-01-29🔒Charge registered #6Lender: Bank of Scotland PLC
- 2025-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-10➕MCMASTER, Allan James appointeddirector
- 2025-04-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-12📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-15🔒Charge registered #5Lender: Close Leasing Limited
- 2023-12-12🔒Charge registered #4Lender: Close Leasing Limited
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-10-31🔒Charge registered #3Lender: Close Leasing Limited
- 2011-10-20🔒Charge registered #2Lender: Close Leasing Limited
- 2011-10-19🔒Charge registered #1Lender: Close Leasing Limited
- 2010-11-09🏢Company incorporatedAs KNOCKNAIN DEVELOPMENTS LIMITED
- 2010-11-09➕MCMASTER, Ian appointeddirector
- 2010-11-09➕MCMASTER, Vivien Louisa appointeddirector
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
23/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MCMASTER, Allan James (same surname) appointed 2025-04-10. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 15 years.
- 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 Vivien Louisa Mcmaster Individual · Australian · DOB 05/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Ian Mcmaster Individual · British · DOB 04/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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
Incorporated2010-11-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Knocknain
Leswalt
Stranraer
Dumfries & Galloway
DG9 0RU
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (3 active · 0 resigned)
MCMASTER, Allan James→
Activedirector · ~32y · appointed 2025-04-10
View their other companies + combined net worth →
MCMASTER, Ian→
Activedirector · ~65y · appointed 2010-11-09
View their other companies + combined net worth →
MCMASTER, Vivien Louisa→
Activedirector · ~59y · appointed 2010-11-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 29/01/2026 | — | |
| satisfied | Close Leasing Close Leasing Limited | A registered charge | 1 property | 15/12/2023 | 03/02/2026 | |
| satisfied | Close Leasing Close Leasing Limited | A registered charge | — | 12/12/2023 | 03/02/2026 | |
| satisfied | Close Leasing Close Leasing Limited | Standard security | 1 property | 31/10/2011 | 03/02/2026 | |
| outstanding | Close Leasing Close Leasing Limited | Deed of assignment | 1 property | 20/10/2011 | — | |
| satisfied | Close Leasing Close Leasing Limited | Floating charge | 1 property | 19/10/2011 | 03/02/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
appoint-person-director-company-with-name-date
officers · AP01
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
change-person-director-company-with-change-date
officers · CH01
2024-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14