DRUMROSSIE HOMES LIMITED

🏛️Establishedactive
SC582875 · ltd · incorporated 2017-12-01
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-2.10M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · oldest 8.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 8.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,100,011
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2.1m
↓ 34% YoY
Current Assets
£501k
↓ 71% YoY
Current Liabilities
-£2.1m-£1.3m-£574k£190k£953k£1.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£501.2k£1.64M
Current assets£501.2k£1.72M
Cash£30.1k
Debtors£908
Net assets£-2.10M£-1.57M

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-09-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2022-09-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-09-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2022-09-22
    🔒
    Charge registered #5
    Lender: Caf Bank Limited
  10. 2022-09-22
    🔒
    Charge registered #4
    Lender: Caf Bank Limited
  11. 2022-09-08
    🔒
    Charge registered #6
    Lender: Caf Bank Limited
  12. 2022-09-08
    🔒
    Charge registered #3
    Lender: Caf Bank Limited
  13. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-07-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-07-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-07-08
    🔓
    Charge satisfied #2
  18. 2020-07-08
    🔓
    Charge satisfied #1
  19. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2018-05-24
    🔒
    Charge registered #2
    Lender: Caf Bank Limited
  22. 2018-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2018-04-19
    🔒
    Charge registered #1
    Lender: Caf Bank Limited
  24. 2018-02-01
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  25. 2017-12-01
    🏢
    Company incorporated
    As DRUMROSSIE HOMES LIMITED
  26. 2017-12-01
    BROWN, Allan Kenneth appointed
    secretary
  27. 2017-12-01
    BROWN, Allan Kenneth appointed
    director
  28. 2017-12-01
    BROWN, Gordon Robertson appointed
    director
  29. 2017-12-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Drumrossie Land Development Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Drumrossie Land Development Company Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
DRUMROSSIE HOMES LIMITED
This company · SC582875

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%
NameSharesVoting rightsNature of controlNotified
Drumrossie Land Development Company Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/12/2017

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

9 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
Incorporated2017-12-01
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

26-27 Netherkirkgate
Aberdeen
AB10 1AU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (3 active · 0 resigned)

BROWN, Allan Kenneth
secretary · appointed 2017-12-01
View their other companies + combined net worth →
Active
BROWN, Allan Kenneth
director · ~47y · appointed 2017-12-01
View their other companies + combined net worth →
Active
BROWN, Gordon Robertson
director · ~78y · appointed 2017-12-01
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
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Caf Bank
Caf Bank Limited
A registered charge22/09/2022
outstanding
Caf Bank
Caf Bank Limited
A registered charge22/09/2022
outstanding
Caf Bank
Caf Bank Limited
A registered charge1 property08/09/2022
outstanding
Caf Bank
Caf Bank Limited
A registered charge1 property08/09/2022
satisfied
Caf Bank
Caf Bank Limited
A registered charge1 property24/05/201808/07/2020
satisfied
Caf Bank
Caf Bank Limited
A registered charge19/04/201808/07/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-08