KILBARCHAN DEVELOPMENTS LIMITED
💤Zombieactive
SC666024 · ltd · incorporated 2020-07-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£-12.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Buying and selling of own 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 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 1.2y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
18 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 · FRS 102Negative net assets
Liabilities exceed assets by £12,236
Cash YoY
+967%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£100k
↑ 967% YoY
Net Worth
-£12k
↓ 24% YoY
Current Assets
£1.1m
↑ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £887.1k | £876.5k |
| Current assets | £1.13M | £881.6k |
| Cash | £99.7k | £9.3k |
| Debtors | £25.1k | £100 |
| Net assets | £-12.2k | £-9.8k |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-03-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20🔒Charge registered #2Lender: Shawbrook Bank Limited
- 2025-03-12🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2024-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-07-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-07-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-09-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-02🏢Company incorporatedAs KILBARCHAN DEVELOPMENTS LIMITED
- 2020-07-02➕COSTELLO, John Martin appointeddirector
- 2020-07-02📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Callander Estates Limited
Corporate parent · holds 25-50% shares · board control
🏛️significant stake
Ardeer Investments Limited
Corporate parent · holds 25-50% shares · board control
⬇
KILBARCHAN DEVELOPMENTS LIMITED
This company · SC666024
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Callander Estates Limited Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/07/2021 |
Ardeer Investments Limited Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/07/2021 |
1 historic (ceased) PSC
- Mr John Martin Costelloceased 05/07/2021· 75-100% shares · 75-100% voting · board control
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 · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEMON2017 LIMITED→ SC573274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LIDDELL BUCHANAN PROPERTIES LIMITED→ SC555387 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LILYBANK PROPERTIES LIMITED→ SC606041 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LIN PROPERTY MANAGEMENT LTD→ SC744082 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LINEPIECE LIMITED→ SC233210 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2020-07-02
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
1 Ashley Drive
Bothwell
Glasgow
G71 8BS
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01
Officers (1 active · 0 resigned)
COSTELLO, John Martin→
Activedirector · ~60y · appointed 2020-07-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 20/03/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | — | 12/03/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-07-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-07-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-06