KIRKWOOD COMMERCIAL PARK LIMITED
🌳Matureactive
SC452070 · ltd · incorporated 2013-06-11
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£4.72M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 73-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 11.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
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
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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 · accounting standard not declaredPositive net assets
Net assets £4,720,570
Net assets shrinking
Down £674,382 YoY
Cash YoY
-25%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£211k
↓ 25% YoY
Net Worth
£4.7m
↓ 13% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Cash | £210.7k | £280.0k |
| Net assets | £4.72M | £5.39M |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-21🔒Charge registered #8Lender: Agile Energy Recovery (Inverurie) Limited
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-06🔓Charge satisfied #6
- 2019-10-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-11🔒Charge registered #7Lender: Kirkwood Commercial Park Limited
- 2019-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-01➕MARTIN, Scott Craig appointeddirector
- 2019-02-20➖REID, Angela Elizabeth resigneddirector
- 2019-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-02-15➖CROMBIE, Colin resigneddirector
- 2017-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-09-21🔒Charge registered #6Lender: Santander UK PLC
- 2016-04-14🔓Charge satisfied #1
- 2015-04-10🔓Charge satisfied #4
- 2015-04-07🔒Charge registered #5Lender: Santander UK PLC
- 2015-01-14🔒Charge registered #4Lender: Santander UK PLC
- 2014-12-19🔒Charge registered #2Lender: Santander UK PLC
- 2014-12-19🔒Charge registered #1Lender: Santander UK PLC
- 2014-11-14➕CROMBIE, Colin appointeddirector
- 2014-11-14➕REID, Angela Elizabeth appointeddirector
- 2014-03-31➖MACHRAY, Patrick John resigneddirector
- 2013-06-11🏢Company incorporatedAs KIRKWOOD COMMERCIAL PARK LIMITED
- 2013-06-11➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2013-06-11➕DUNBAR, Ian Stewart appointeddirector
- 2013-06-11➕LEIPER, Pamela Summers appointeddirector
- 2013-06-11➖LEIPER, Pamela Summers resigneddirector
- 2013-06-11➕MACHRAY, Patrick John appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 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.
Group structure
Kcpl Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Kcpl Holding Limited
Corporate parent · holds 75-100% shares · board control
⬇
KIRKWOOD COMMERCIAL PARK LIMITED
This company · SC452070
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kcpl Holding Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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 · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LATHERON PROPERTIES (SCOTLAND) LIMITED→ SC458800 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LET AND SALES LOGISTICS SERVICES LTD→ SC818191 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOTUS ESTATE LTD→ SC875553 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LRO PROPERTY GROUP LTD→ SC801601 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LUCY LETTINGS LTD→ SC812727 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MAKAR HOLDINGS LIMITED→ SC586861 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MANAR DEVELOPMENTS LTD.→ SC361319 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| MANGROVE ENTERPRISES LTD→ SC819078 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2013-06-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11
Officers (3 active · 4 resigned)
LC SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2013-06-11
View their other companies + combined net worth →
DUNBAR, Ian Stewart→
Activedirector · ~73y · appointed 2013-06-11
View their other companies + combined net worth →
MARTIN, Scott Craig→
Activedirector · ~52y · appointed 2019-03-01
View their other companies + combined net worth →
CROMBIE, Colin→
Resigneddirector · ~53y · appointed 2014-11-14 · resigned 2018-02-15
LEIPER, Pamela Summers→
Resigneddirector · ~64y · appointed 2013-06-11 · resigned 2013-06-11
MACHRAY, Patrick John→
Resigneddirector · ~73y · appointed 2013-06-11 · resigned 2014-03-31
REID, Angela Elizabeth→
Resigneddirector · ~61y · appointed 2014-11-14 · resigned 2019-02-20
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Agile Energy Recovery (Inverurie) Agile Energy Recovery (Inverurie) Limited | A registered charge | 1 property | 21/08/2020 | — | |
| outstanding | Kirkwood Commercial Park Kirkwood Commercial Park Limited | A registered charge | — | 11/10/2019 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 21/09/2017 | 06/11/2019 | |
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 07/04/2015 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 14/01/2015 | 10/04/2015 | |
| outstanding | Santander Santander UK PLC | A registered charge | — | 19/12/2014 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 19/12/2014 | 14/04/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-10
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-06