BOO-STANES LIMITED
🏛️Establishedactive
SC672135 · ltd · incorporated 2020-08-26
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. 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 (58/100).
🏦
Refinance opportunity
2 live charges · oldest 2.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 | 2025-08-31 | 2024-08-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-12🔓Charge satisfied #2
- 2024-03-12🔓Charge satisfied #1
- 2024-02-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-08➕MACKENZIE, Cheryl Lauren appointeddirector
- 2024-01-08➖TRAVINS, Mairead Rhona resigneddirector
- 2023-07-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-10🔒Charge registered #2Lender: Lowry Capital Limited
- 2023-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-29🔒Charge registered #1Lender: Lowry Capital Limited
- 2023-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-26🏢Company incorporatedAs BOO-STANES LIMITED
- 2020-08-26➕MACKENZIE, Ruairidh Calum appointeddirector
- 2020-08-26➕TRAVINS, Mairead Rhona appointeddirector
- 2020-08-26📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Cheryl Lauren Mackenzie Individual · British · DOB 10/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 08/01/2024 |
Mr Ruairidh Calum Mackenzie Individual · British · DOB 05/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 26/08/2020 |
1 historic (ceased) PSC
- Mrs Mairead Rhona Travinsceased 08/01/2024· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEAGARTH ESTATES LIMITED→ SC032734 · est 1957 | £555.6k £472.3k–£639.0k | — | £555.6k | — | 68y | 81 | 71y |
| M.I.A. (PROPERTIES) LIMITED→ SC233583 · est 2002 | £69.5k £59.1k–£80.0k | — | £69.5k | — | 23y | 82 | 69y |
| EID DEVELOPMENTS LTD.→ SC274955 · est 2004 | £59.0k £50.1k–£67.8k | — | £59.0k | — | 21y | 80 | 64y |
| G & E PROPERTIES (SHETLAND) LTD→ SC642636 · est 2019 | £21.7k £18.4k–£24.9k | — | £21.7k | — | 6y | 79 | 59y |
| NORTHERN ROCK PROPERTIES LIMITED→ SC526769 · est 2016 | £7.6k £6.4k–£8.7k | — | £7.6k | — | 10y | 78 | 58y |
| IRVINE ENTERPRISES SHETLAND LIMITED→ SC136867 · est 1992 | — | — | — | 500 | 34y | 82 | 64y |
| DTM PROPERTY LETTING SERVICES LIMITED→ SC362655 · est 2009 | — | — | — | 0 | 16y | 80 | 66y |
| GLOBE BUTCHERS→ SC245569 · est 2003 | — | — | — | 100 | 23y | 80 | 60y |
| ADAMSON BROS (SHETLAND) LIMITED→ SC143091 · est 1993 | — | — | — | 100 | 33y | 79 | 73y |
| DERRYARKIN ASSET MGT LTD→ SC506541 · est 2015 | — | — | — | 0 | 10y | 79 | 59y |
| M & M JOHNSON INVESTMENTS LIMITED→ SC257477 · est 2003 | — | — | — | 2 | 22y | 79 | 65y |
| GARTH ESTATE LIMITED→ SC650045 · est 2019 | — | — | — | 300 | 6y | 77 | 60y |
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
Incorporated2020-08-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
165 Commercial Street
Lerwick
Shetland
ZE1 0EX
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07
Officers (2 active · 1 resigned)
MACKENZIE, Cheryl Lauren→
Activedirector · ~40y · appointed 2024-01-08
View their other companies + combined net worth →
MACKENZIE, Ruairidh Calum→
Activedirector · ~39y · appointed 2020-08-26
View their other companies + combined net worth →
TRAVINS, Mairead Rhona→
Resigneddirector · ~37y · appointed 2020-08-26 · resigned 2024-01-08
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lowry Capital Lowry Capital Limited | A registered charge | 1 property | 10/07/2023 | 12/03/2024 | |
| satisfied | Lowry Capital Lowry Capital Limited | A registered charge | — | 29/06/2023 | 12/03/2024 |
Recent filings (20 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-06
appoint-person-director-company-with-name-date
officers · AP01
2024-01-15
termination-director-company-with-name-termination-date
officers · TM01
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-07