BALMORE ESTATES LIMITED

🌳Matureactive
SC435326 · ltd · incorporated 2012-10-23
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 10.4y

80/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

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
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £38,815

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31
Operating profit£96.7k
Profit before tax£38.8k
Average employees300

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-28
    📄
    capital-name-of-class-of-shares
    capital · SH08
  3. 2024-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-10-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-10-16
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2024-10-14
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  9. 2024-10-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-04-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2021-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-10-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-10-05
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  18. 2021-09-28
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  19. 2021-09-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2021-09-10
    🔓
    Charge satisfied #1
  21. 2021-08-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2021-08-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2021-08-09
    🔓
    Charge satisfied #4
  24. 2021-08-09
    🔓
    Charge satisfied #2
  25. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  26. 2018-08-10
    🔓
    Charge satisfied #3
  27. 2018-07-13
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  28. 2018-01-01
    ➕
    PATERSON, Kathryn Victoria appointed
    director
  29. 2016-03-03
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  30. 2016-02-20
    🔒
    Charge registered #2
    Lender: Santander UK PLC
  31. 2015-11-23
    🔒
    Charge registered #1
    Lender: Santander UK PLC
  32. 2012-10-23
    🏢
    Company incorporated
    As BALMORE ESTATES LIMITED
  33. 2012-10-23
    ➕
    PATERSON, Derek appointed
    secretary
  34. 2012-10-23
    ➕
    PATERSON, Derek appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 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
medium

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Kathryn Victoria Paterson
Individual · Scottish · DOB 07/1967 · age 59
50–75%
50–75%50-75% shares · 50-75% voting01/01/2018
Mr Derek Paterson
Individual · Scottish · DOB 11/1966 · age 60
50–75%
50–75%50-75% shares · 50-75% voting31/10/2016
1 historic (ceased) PSC
  • Mr Derek Patersonceased 01/04/2022· 75-100% shares · 75-100% voting

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 →

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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
Typeltd
Incorporated2012-10-23
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Greengates Glenorchard Road
Torrance
Glasgow
G64 4AJ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20

Officers (3 active · 0 resigned)

PATERSON, Derek→
secretary · appointed 2012-10-23
View their other companies + combined net worth →
Active
PATERSON, Derek→
director · ~60y · appointed 2012-10-23
View their other companies + combined net worth →
Active
PATERSON, Kathryn Victoria→
director · ~59y · appointed 2018-01-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property05/10/2021—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—28/09/2021—
satisfied
Santander
Santander UK PLC
A registered charge1 property13/07/201809/08/2021
satisfied
Santander
Santander UK PLC
A registered charge1 property03/03/201610/08/2018
satisfied
Santander
Santander UK PLC
A registered charge—20/02/201609/08/2021
satisfied
Santander
Santander UK PLC
A registered charge—23/11/201510/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
capital-name-of-class-of-shares
capital · SH08
2024-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-22
capital-name-of-class-of-shares
capital · SH08
2024-10-16
second-filing-capital-allotment-shares
capital · RP04SH01
2024-10-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18