KINCLUNY DEVELOPMENT TRUST

🌳Matureactive

SC406401 · private-limited-guarant-nsc-limited-exemption · incorporated 2011-08-30

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (2 active, 9 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

12 connected companies via shared directors

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-05-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-05-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-05-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-10-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-09-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-05-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-11-01
➕
CRAIGIE, Hugh appointed
director
2019-11-01
➖
THOMSON, Douglas Neil resigned
director
2019-09-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-05-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-06-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-06-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-07-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-10-27
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-08-19
➖
KINGHORN, Graeme resigned
secretary
2013-08-19
➖
KINGHORN, Graeme resigned
director
2012-12-31
➖
BURR, William Stanley resigned
director
2012-12-31
➕
THOMSON, Douglas Neil appointed
director
2011-08-30
🏢
Company incorporated
As KINCLUNY DEVELOPMENT TRUST
2011-08-30
➕
MCDERMID, Leona Kaye appointed
director
2011-08-30
➕
KINGHORN, Graeme appointed
secretary
2011-08-30
➕
BURNESS LLP appointed
corporate-secretary
2011-08-30
➖
BURNESS LLP resigned
corporate-secretary
2011-08-30
➕
BURR, William Stanley appointed
director
2011-08-30
➕
GRAY, Gary George appointed
director
2011-08-30
➖
GRAY, Gary George resigned
director
2011-08-30
➕
KINGHORN, Graeme appointed
director
2011-08-30
➕
BURNESS (DIRECTORS) LIMITED appointed
corporate-director
2011-08-30
➖
BURNESS (DIRECTORS) LIMITED resigned
corporate-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

49/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Hugh Craigie Individual · British · DOB 03/1975 · age 51	—	—	sig. influencesignificant influence	01/11/2019
Ms Leona Kaye Mcdermid Individual · British · DOB 07/1972 · age 54	—	—	sig. influencesignificant influence	06/04/2016

1 historic (ceased) PSC

Mr Douglas Neil Thomsonceased 01/11/2019· significant influence

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JTS PROPERTIES LTD→ SC618819 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
JU03 MAC LTD→ SC750555 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
JUST BEHOLD LTD→ SC777152 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
JW KEGS PROPERTIES LTD→ SC784454 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
KAN MURRAY LTD→ SC812878 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
KCN KIDD LTD→ SC816682 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
KILBRIDE PROPERTY DEVELOPMENTS LTD→ SC717970 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
KINDERGARTEN (SCOTLAND) LIMITED→ SC146118 · est 1993 · no financials extracted	—	—	—	—	32y	—	—
KINELL SERVICES LIMITED→ SC350950 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
KINGER PROPERTY LIMITED→ SC706656 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
KINTAIL MANAGEMENT LIMITED→ SC214155 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
KIRKGATE DEVELOPMENTS LIMITED→ SC402158 · est 2011 · no financials extracted	—	—	—	—	14y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2011-08-30

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Chap Group Offices Enterprise Drive

Westhill Industrial Estate

Westhill

Aberdeenshire

AB32 6TQ

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-13

Last: 2025-08-30

Officers (2 active · 7 resigned)

CRAIGIE, Hugh→

director · ~51y · appointed 2019-11-01

View their other companies + combined net worth →

Active

MCDERMID, Leona Kaye→

director · ~54y · appointed 2011-08-30

View their other companies + combined net worth →

Active

KINGHORN, Graeme→

secretary · appointed 2011-08-30 · resigned 2013-08-19

Resigned

BURNESS LLP→

corporate-secretary · appointed 2011-08-30 · resigned 2011-08-30

Resigned

BURR, William Stanley→

director · ~76y · appointed 2011-08-30 · resigned 2012-12-31

Resigned

GRAY, Gary George→

director · ~56y · appointed 2011-08-30 · resigned 2011-08-30

Resigned

KINGHORN, Graeme→

director · ~66y · appointed 2011-08-30 · resigned 2013-08-19

Resigned

THOMSON, Douglas Neil→

director · ~64y · appointed 2012-12-31 · resigned 2019-11-01

Resigned

BURNESS (DIRECTORS) LIMITED→

corporate-director · appointed 2011-08-30 · resigned 2011-08-30

Resigned

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