BERTHA PARK LIMITED

🌳Matureactive

SC437498 · ltd · incorporated 2012-11-23

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 7.3y old — refinance window within 12 months

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 May 2025

Net worth

—

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: Development of building projects

Sector: Construction

ALSO REGISTERED FOR

41202Construction of domestic buildings

Investor take

Pursue

Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 7.3y

70/100

ready

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

· Oldest live charge is 7.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

4 officers (4 active, 4 linked, 4 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

26 connected companies via shared directors

Filing history

42 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

100

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	2025-05-31	2024-05-31
Profit before tax	—	£14.2k
Average employees	0	0

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

🔒Filing-note intelligence

4 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

filings

Last 180 days

filings

• 1 accounts
• 1 address
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-21
🔓
Charge satisfied #1
2025-06-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-27
🔓
Charge satisfied #2
2025-02-28
📄
accounts-with-accounts-type-full
accounts · AA
2024-05-20
📄
accounts-with-accounts-type-full
accounts · AA
2023-05-30
📄
accounts-with-accounts-type-full
accounts · AA
2023-03-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-13
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-13
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-30
📄
accounts-with-accounts-type-full
accounts · AA
2021-05-28
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-04-02
🔒
Charge registered #4
Lender: Kingdom Housing Association Limited
2020-11-02
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-06-25
🔒
Charge registered #3
Lender: Kingdom Housing Association Limited
2019-03-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-27
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2019-02-22
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2012-11-23
🏢
Company incorporated
As BERTHA PARK LIMITED
2012-11-23
➕
ADAM, Alexander William appointed
director
2012-11-23
➕
RITCHIE, Andrew appointed
director
2012-11-23
➕
RITCHIE, James Kilgour appointed
director
2012-11-23
➕
SMITH, Innes appointed
director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

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

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Alexander William Adam Individual · British · DOB 09/1956 · age 70	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Andrew Ritchie Individual · British · DOB 11/1970 · age 56	—	—	sig. influencesignificant influence	06/04/2016
Mr James Kilgour Ritchie Individual · British · DOB 05/1972 · age 54	—	—	sig. influencesignificant influence	06/04/2016
Mr Innes Smith Individual · Scottish · DOB 07/1970 · age 56	—	—	sig. influencesignificant influence	06/04/2016

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 · Construction · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BEAR SCOTLAND LIMITED→ SC206139 · est 2000	£13.00M £9.29M–£16.72M	—	—	—	26y	83	65y
G.S. BROWN CONSTRUCTION LIMITED→ SC047574 · est 1970	£3.14M £2.24M–£4.03M	—	—	46	55y	84	83y
A. PROCTOR GROUP LIMITED→ SC105054 · est 1987	£1.97M £1.40M–£2.53M	—	—	102	38y	87	60y
BALHOUSIE GLAZING LIMITED→ SC148115 · est 1993	—	—	£216.9k	—	32y	83	70y
ALGO (BLAIRGOWRIE) LIMITED→ SC166057 · est 1996	—	—	£5.05M	—	29y	82	85y
CALEDONIAN DEVELOPMENTS LTD.→ SC211941 · est 2000	—	—	—	200	25y	82	64y
CIOCH LIMITED→ SC169567 · est 1996	—	—	£62.8k	—	29y	82	76y
GILLIES & MACKAY LIMITED→ SC237291 · est 2002	—	—	£89.9k	—	23y	82	66y
GRM INVESTMENTS LIMITED→ SC346383 · est 2008	—	—	£31.7k	—	17y	82	65y
J. F. HALLEY & SON LIMITED→ SC282324 · est 2005	—	—	—	4	21y	82	66y
JAMES MOFFAT CONSTRUCTION LIMITED→ SC333711 · est 2007	—	—	£127.4k	—	18y	82	61y
LANDSTOCK HIGHLAND LIMITED→ SC154534 · est 1994	—	—	—	—	31y	82	84y

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

Incorporated2012-11-23

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

14 Fernhill Road

Perth

PH2 7BE

United Kingdom

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-12-07

Last: 2025-11-23

Officers (4 active · 0 resigned)

ADAM, Alexander William→

director · ~70y · appointed 2012-11-23

View their other companies + combined net worth →

Active

RITCHIE, Andrew→

director · ~56y · appointed 2012-11-23

View their other companies + combined net worth →

Active

RITCHIE, James Kilgour→

director · ~54y · appointed 2012-11-23

View their other companies + combined net worth →

Active

SMITH, Innes→

director · ~56y · appointed 2012-11-23

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Kingdom Housing Association Kingdom Housing Association Limited	A registered charge	1 property	02/04/2021	—
outstanding	Kingdom Housing Association Kingdom Housing Association Limited	A registered charge	5 properties	25/06/2019	—
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	27/02/2019	27/06/2025
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	22/02/2019	21/07/2025

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-02-27

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-17

confirmation-statement-with-updates

confirmation-statement · CS01

2025-12-23

mortgage-satisfy-charge-full

mortgage · MR04

2025-07-21

mortgage-satisfy-charge-full

mortgage · MR04

2025-06-27

accounts-with-accounts-type-full

accounts · AA

2025-02-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-26

accounts-with-accounts-type-full

accounts · AA

2024-05-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-29

accounts-with-accounts-type-full

accounts · AA

2023-05-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-03-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-13

change-person-director-company-with-change-date

officers · CH01

2022-12-13

change-person-director-company-with-change-date

officers · CH01

2022-12-13

accounts-with-accounts-type-full

accounts · AA

2022-08-30