NARA DEVELOPMENTS LIMITED

🌳Matureactive
SC527274 · ltd · incorporated 2016-02-18
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£3.98M
book net assets
Opportunity
74/100
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: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -46% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
37 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,976,182
Net assets shrinking
Down £102,862 YoY
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£748k
↓ 46% YoY
Net Worth
£4.0m
↓ 2.5% YoY
Current Assets
—
Current Liabilities
—
£0£816k£1.6m£2.4m£3.3m£4.1mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Cash£748.4k£1.38M
Net assets£3.98M£4.08M

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-03-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-05-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-10-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-09-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-10-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2019-05-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2019-03-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2019-03-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-03-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-03-18
    ➖
    DM COMPANY SERVICES LIMTIED resigned
    corporate-secretary
  20. 2016-03-17
    ➕
    AITKEN, Neil Morris Wilson appointed
    director
  21. 2016-03-17
    ➕
    AITKEN, Russell James appointed
    director
  22. 2016-03-17
    ➖
    GILCHRIST, Ewan Caldwell resigned
    director
  23. 2016-02-18
    🏢
    Company incorporated
    As NARA DEVELOPMENTS LIMITED
  24. 2016-02-18
    ➕
    DM COMPANY SERVICES LIMTIED appointed
    corporate-secretary
  25. 2016-02-18
    ➕
    GILCHRIST, Ewan Caldwell appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

41/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Russell James Aitken
Individual · British · DOB 10/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Neil Morris Wilson Aitken
Individual · British · DOB 11/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2016-02-18
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

4 East Fettes Avenue
Edinburgh
EH4 1DN
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (2 active · 2 resigned)

AITKEN, Neil Morris Wilson→
director · ~52y · appointed 2016-03-17
View their other companies + combined net worth →
Active
AITKEN, Russell James→
director · ~54y · appointed 2016-03-17
View their other companies + combined net worth →
Active
DM COMPANY SERVICES LIMTIED→
corporate-secretary · appointed 2016-02-18 · resigned 2019-03-18
Resigned
GILCHRIST, Ewan Caldwell→
director · ~57y · appointed 2016-02-18 · resigned 2016-03-17
Resigned

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

Recent filings (37 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-01