EIDYN DEVELOPMENTS LTD.
🏛️Establishedactive
SC544999 · ltd · incorporated 2016-09-09
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 Mar 2025
Net worth
£155.7k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 41202Construction of domestic buildings
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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, 4 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £155,714
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£156k
↑ 11% YoY
Current Assets
£157k
↑ 12% YoY
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 |
|---|---|---|
| Total assets | £157.1k | £139.7k |
| Current assets | £157.0k | £139.6k |
| Net assets | £155.7k | £139.7k |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-09🏢Company incorporatedAs EIDYN DEVELOPMENTS LTD.
- 2016-09-09➕GILLESPIE, Laura appointedsecretary
- 2016-09-09➕GILLESPIE, Kenneth appointeddirector
- 2016-09-09➕GILLESPIE, Laura appointeddirector
- 2016-09-09📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kenneth Gillespie Individual · British · DOB 05/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/09/2016 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| E J MANUFACTURE LIMITED→ SC525953 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| E. MANGAN CONSTRUCTION LTD.→ SC427741 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| EDINBURGH SEALANTS LTD→ SC839730 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| EDINBURGH’S FIRST RESPONSE ROOFING LTD→ SC707690 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| EDISTON LIONS LIMITED→ SC546446 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| EIDYN CONTRACTS LTD→ SC728287 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ELCH DBFM HOLDCO LIMITED→ SC535590 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ELECTRICAL CERTIFICATE SOLUTIONS LTD→ SC840140 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ELECTRO SERVICES LTD→ SC687834 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ELEVATE DEVELOPMENTS EDINBURGH LTD→ SC866339 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ELEVATE ROOFING & HEIGHT SERVICES LTD→ SC782311 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ELEVATE ROPE ACCESS & LIGHTNING PROTECTION LTD→ SC843266 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2016-09-09
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
17 Burnbrae Grove
Edinburgh
EH12 8BF
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-22
Last: 2025-09-08
Officers (3 active · 0 resigned)
Active
GILLESPIE, Kenneth→
Activedirector · ~61y · appointed 2016-09-09
View their other companies + combined net worth →
GILLESPIE, Laura→
Activedirector · ~61y · appointed 2016-09-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-dormant
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-30
change-account-reference-date-company-current-extended
accounts · AA01
2019-03-25