EDINBURGH ALTERNATIVE FINANCE LIMITED
🌳Matureactive
SC468392 · ltd · incorporated 2014-01-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other credit granting n.e.c.
Sector: Financial & insurance
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 7.1y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.1 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
90 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 48 | 3900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
7
filings
- • 3 persons-with-significant-control
- • 2 confirmation-statement
- • 1 capital
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-01-23📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-01-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-23📄capital-allotment-sharescapital · SH01
- 2026-01-19📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-03➖PEARSON, William Stephen resigneddirector
- 2024-04-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-24🔓Charge satisfied #2
- 2023-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-03➕PEARSON, William Stephen appointeddirector
- 2023-02-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-15➖DOBBIE, William resigneddirector
- 2022-10-17📄resolutionresolution · RESOLUTIONS
- 2022-10-14📄capital-allotment-sharescapital · SH01
- 2022-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-26📄capital-allotment-sharescapital · SH01
- 2022-08-22📄capital-allotment-sharescapital · SH01
- 2022-01-05📄capital-allotment-sharescapital · SH01
- 2019-12-12➕REID, John Graham Gunn appointeddirector
- 2019-08-20➕WEIR, Audrey Ann appointeddirector
- 2019-05-10🔒Charge registered #3Lender: Scottish Enterprise
- 2019-05-10🔒Charge registered #2Lender: Nibc Bank N.V. (As Security Agent)
- 2019-03-29🔒Charge registered #1Lender: Scottish Enterprise
- 2018-11-30➖CHOWDHRY, Paul Robert resigneddirector
- 2018-09-17➕CROMBIE, Alexander Maxwell, Sir appointeddirector
- 2017-10-23➕CHOWDHRY, Paul Robert appointeddirector
- 2014-03-26➕LUNN, Stuart Burgoyne appointeddirector
- 2014-01-27🏢Company incorporatedAs EDINBURGH ALTERNATIVE FINANCE LIMITED
- 2014-01-27➕DOBBIE, William appointeddirector
Owner dependency
55/100
Moderate — manageable with handoverSome 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 77 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Burgoyne Lunn Individual · British · DOB 01/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/04/2025 |
William Dobbie Individual · British · DOB 02/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Stuart Burgoyne Lunnceased 17/08/2022· 25-50% shares · 25-50% 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 →Similar companies
Active · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EQUITIX ENERGY EFFICIENT EPS GP 1 LIMITED→ SC428478 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| EROS DOW GROUP LTD→ SC771210 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ERSKINE FINANCIAL LTD→ SC775875 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ERSKINE NOMINEES LIMITED→ SC055107 · est 1974 · no financials extracted | — | — | — | — | 52y | — | — |
| ESMONT LTD→ SC448081 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| EURONOVA ASSET MANAGEMENT LIMITED→ SC204920 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| EWP FINANCIAL SERVICES LTD→ SC516761 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| EXCHANGE BUREAU LIMITED→ SC565733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| EXECUTIVE WEALTH SERVICES LTD→ SC607307 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EXPONENT PRIVATE EQUITY FOUNDER PARTNER GP II LIMITED→ SC326446 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| F&C EUROPEAN CAPITAL PARTNERS II (GP) LIMITED→ SC440784 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| F&C GROUP ESOP TRUSTEE LIMITED→ SC161077 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
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
Incorporated2014-01-27
Jurisdictionscotland
Primary SIC64929 — Other credit granting n.e.c.
Registered office
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (4 active · 3 resigned)
CROMBIE, Alexander Maxwell, Sir→
Activedirector · ~77y · appointed 2018-09-17
View their other companies + combined net worth →
LUNN, Stuart Burgoyne→
Activedirector · ~52y · appointed 2014-03-26
View their other companies + combined net worth →
REID, John Graham Gunn→
Activedirector · ~62y · appointed 2019-12-12
View their other companies + combined net worth →
WEIR, Audrey Ann→
Activedirector · ~60y · appointed 2019-08-20
View their other companies + combined net worth →
CHOWDHRY, Paul Robert→
Resigneddirector · ~57y · appointed 2017-10-23 · resigned 2018-11-30
DOBBIE, William→
Resigneddirector · ~67y · appointed 2014-01-27 · resigned 2023-02-15
PEARSON, William Stephen→
Resigneddirector · ~65y · appointed 2023-04-03 · resigned 2024-06-03
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Scottish Enterprise | A registered charge | — | 10/05/2019 | — | |
| satisfied | Nibc Bank N.V. (As Security Agent) | A registered charge | 1 property | 10/05/2019 | 24/01/2024 | |
| outstanding | Scottish Enterprise | A registered charge | — | 29/03/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-29
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-23
capital-allotment-shares
capital · SH01
2026-01-23
change-person-director-company-with-change-date
officers · CH01
2026-01-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-19
accounts-with-accounts-type-small
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-small
accounts · AA
2024-09-30
termination-director-company-with-name-termination-date
officers · TM01
2024-06-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-24
accounts-with-accounts-type-small
accounts · AA
2023-09-28