LAWHEAD DEVELOPMENTS LIMITED

🌳Matureactive
SC452543 · ltd · incorporated 2013-06-18
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
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 77/100. 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: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 11.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 11.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
75
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 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
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
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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

🔒Filing-note intelligence

1 signal 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. 2025-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-03
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2023-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-11-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2021-11-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-11-02
    🔓
    Charge satisfied #6
  13. 2021-11-02
    🔓
    Charge satisfied #5
  14. 2021-11-02
    🔓
    Charge satisfied #4
  15. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-02-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-05-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-05-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2019-05-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  22. 2016-10-03
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  23. 2016-09-22
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  24. 2016-09-14
    🔓
    Charge satisfied #1
  25. 2016-09-10
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  26. 2016-09-09
    🔓
    Charge satisfied #3
  27. 2016-09-09
    🔓
    Charge satisfied #2
  28. 2014-12-23
    🔒
    Charge registered #3
    Lender: George Paterson Mcleod
  29. 2014-12-01
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 2014-11-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 2013-06-18
    🏢
    Company incorporated
    As LAWHEAD DEVELOPMENTS LIMITED
  32. 2013-06-18
    MCLEOD, Linda Fraser appointed
    secretary
  33. 2013-06-18
    MCLEOD, George Paterson appointed
    director
  34. 2013-06-18
    OGSTON, Fraser Ralph appointed
    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 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
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 Linda Fraser Mcleod
Individual · British · DOB 04/1976 · age 50
2550%
25–50%25-50% shares · 25-50% voting18/06/2017
Mr Fraser Ralph Ogston
Individual · British · DOB 12/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting18/06/2017

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
Incorporated2013-06-18
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Findlays
11 Dudhope Terrace
Dundee
DD3 6TS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18

Officers (3 active · 0 resigned)

MCLEOD, Linda Fraser
secretary · appointed 2013-06-18
View their other companies + combined net worth →
Active
MCLEOD, George Paterson
director · ~57y · appointed 2013-06-18
View their other companies + combined net worth →
Active
OGSTON, Fraser Ralph
director · ~57y · appointed 2013-06-18
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
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/10/201602/11/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge22/09/201602/11/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property10/09/201602/11/2021
satisfied
George Paterson Mcleod
A registered charge1 property23/12/201409/09/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property01/12/201409/09/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge12/11/201414/09/2016

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
change-account-reference-date-company-current-shortened
accounts · AA01
2023-02-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-03
change-person-director-company-with-change-date
officers · CH01
2023-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-08
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-02
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-02
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-02