BUCHAN DEVELOPMENT INITIATIVE LTD

🌳Matureactive

SC419443 · ltd · incorporated 2012-03-14

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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 Dec 2024

Net worth

£56.9k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 55300

Sector: Accommodation & food service

Investor take

Pursue

Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

13 officers (5 active, 13 linked, 12 with DOB)

Ownership & PSC

3 active PSC(s) of 5 total, 5 with control declared

Director network

3 connected companies via shared directors

Filing history

57 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £56,948

Key financials

1 year extracted from filed iXBRL accounts

Cash

£92k

Net Worth

£57k

Current Assets

£96k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31
Total assets	£65.1k
Current assets	£96.1k
Cash	£91.8k
Debtors	£4.3k
Net assets	£56.9k

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts
• 1 officers

Counts from Companies House filing history.

Corporate timeline (42 events)Click to expand

2025-12-16
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
➖
JENNINGS, Derek resigned
director
2025-09-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-20
➕
DARGIE, Sheila appointed
director
2023-09-20
➕
TAIT, Diane Yule appointed
director
2023-09-20
➕
JENNINGS, Derek appointed
director
2023-09-20
➖
SIMPSON, Colin Alexander resigned
director
2023-02-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-02-18
➖
MCLAREN, William Mcinally resigned
director
2022-10-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-01
➕
STEPHEN, Maureen appointed
director
2022-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-14
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-07-01
➖
SCOTT, Charles John Francis resigned
director
2019-07-01
➕
SIMPSON, Colin Alexander appointed
director
2019-03-08
➕
SMITH, Lynn appointed
director
2019-03-05
➕
MCLAREN, William Mcinally appointed
director
2018-11-30
➖
THOMSON, Norma Elizabeth resigned
director
2018-11-01
➖
BOWER, David resigned
director
2015-06-16
➕
SCOTT, Charles John Francis appointed
director
2014-11-19
➖
FULLER, Oliver resigned
director
2014-10-13
➕
BOWER, David appointed
director
2013-04-01
➖
STIRLING, Lorna May resigned
director
2012-03-14
🏢
Company incorporated
As BUCHAN DEVELOPMENT INITIATIVE LTD
2012-03-14
➕
STEPHEN, Maureen appointed
secretary
2012-03-14
➕
FULLER, Oliver appointed
director
2012-03-14
➕
STIRLING, Lorna May appointed
director
2012-03-14
➕
THOMSON, Norma Elizabeth appointed
director

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.

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

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Alison Jane Greig Individual · British · DOB 02/1971 · age 55	—	—	sig. influencesignificant influence	01/09/2022
Mrs Lynn Smith Individual · British · DOB 06/1958 · age 68	—	—	sig. influencesignificant influence	01/01/2022
Mrs Maureen Stephen Individual · British · DOB 02/1955 · age 71	—	—	sig. influencesignificant influence	06/04/2016

2 historic (ceased) PSCs

Mr Colin Alexander Simpsonceased 20/09/2023· significant influence
Mr William Mcinally Mclarenceased 18/02/2023· 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 · Hospitality · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SODEXO REMOTE SITES HOLDINGS LIMITED→ SC191991 · est 1998	£5.84M £4.38M–£7.30M	—	—	0	27y	83	58y
SODEXO REMOTE SITES SCOTLAND LIMITED→ SC059276 · est 1976	£2.17M £1.63M–£2.71M	£26.24M	—	18600	50y	90	58y
BRUDOLFF HOTELS LIMITED→ SC094745 · est 1985	£28.9k £21.6k–£36.1k	—	—	91	40y	94	71y
BALMEDIE FISH & CHIP SHOP LIMITED→ SC239883 · est 2002	—	—	£66.7k	—	23y	83	61y
H.C.C.P. LTD.→ SC298267 · est 2006	—	—	£161.2k	—	20y	83	70y
JEMAL LIMITED→ SC331562 · est 2007	—	—	—	500	18y	83	62y
MOUNTLOCH LIMITED→ SC210749 · est 2000	—	—	£306.2k	—	25y	83	72y
ABERDEEN COMPOSITE COMPANY (1248) LIMITED→ SC246599 · est 2003	—	—	£7.6k	—	23y	82	74y
BLU INNS LIMITED→ SC210592 · est 2000	—	—	£3.0k	—	25y	82	73y
BRIAN MURRAY CATERING SERVICES LIMITED→ SC190064 · est 1998	—	—	£275.2k	—	27y	82	67y
BRIARTEN LIMITED→ SC290126 · est 2005 · no financials extracted	—	—	—	—	20y	82	70y
BUCHAN BRAES HOTEL LIMITED→ SC329896 · est 2007	—	—	£1.22M	—	18y	82	62y

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

Incorporated2012-03-14

Jurisdictionscotland

Primary SIC55300 — SIC 55300

Registered office

Grieves House Aden Country Park

Mintlaw

Peterhead

AB42 5FQ

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-05

Last: 2026-02-19