LMD DEVELOPMENTS LTD
🌿Early-stageactive
SC699035 · ltd · incorporated 2021-05-17
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-49.9k
book net assets
Opportunity
66/100
Strong
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 66/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
11 live charges · 4 lenders · oldest 2.7y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.7 years old — likely still in initial term.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £49,879
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£50k
↓ 178% YoY
Current Assets
£32k
↓ 73% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-49.9k | £-17.9k |
| Current assets | £31.8k | £119.2k |
| Net assets | £-49.9k | £-17.9k |
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
0
filings
Last 180 days
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-15🔒Charge registered #11Lender: Paratus Amc Limited
- 2025-09-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-09🔒Charge registered #10Lender: Together Commercial Finance Limited
- 2025-07-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-21🔒Charge registered #9Lender: Lendinvest Btl Limited
- 2025-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-29🔒Charge registered #8Lender: Aldermore Bank PLC
- 2025-01-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-22🔓Charge satisfied #5
- 2024-11-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-11🔒Charge registered #7Lender: Together Commercial Finance Limited
- 2024-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-12🔒Charge registered #6Lender: Lendinvest Btl Limited
- 2024-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-15🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2024-03-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-01🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2023-10-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-05🔓Charge satisfied #2
- 2023-10-02🔒Charge registered #3Lender: Paratus Amc Limited
- 2023-09-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-08🔒Charge registered #2Lender: Paratus Amc Limited
- 2023-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-07🔒Charge registered #1Lender: Lendinvest Btl Limited
- 2023-02-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-08📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-05-17🏢Company incorporatedAs LMD DEVELOPMENTS LTD
- 2021-05-17➕DOUGLAS, Lisa appointeddirector
- 2021-05-17➕DOUGLAS, Mark John appointeddirector
- 2021-05-17📄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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark John Douglas Individual · British · DOB 04/1979 · age 47 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/05/2021 |
Mrs Lisa Douglas Individual · British · DOB 10/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/05/2021 |
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LATHERON PROPERTIES (SCOTLAND) LIMITED→ SC458800 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LET AND SALES LOGISTICS SERVICES LTD→ SC818191 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LEZE SCOT PROPERTY LTD→ SC813330 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LIONSTONES INVESTMENTS HOLDINGS LTD→ SC721921 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LITTLE BRAE PROPERTIES LTD→ SC713107 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LK DEAL SOURCING LIMITED→ SC863111 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LOTUS ESTATE LTD→ SC875553 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LRO PROPERTY GROUP LTD→ SC801601 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2021-05-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
72 Richmondhill Road
Peterhead
AB42 3GG
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01
Officers (2 active · 0 resigned)
DOUGLAS, Lisa→
Activedirector · ~42y · appointed 2021-05-17
View their other companies + combined net worth →
DOUGLAS, Mark John→
Activedirector · ~47y · appointed 2021-05-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
9
Outstanding
4
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 15/12/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 09/09/2025 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 21/02/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 29/01/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 11/11/2024 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 12/04/2024 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 15/03/2024 | 22/01/2025 | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 01/03/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 02/10/2023 | — | |
| satisfied | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 08/09/2023 | 05/10/2023 | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 07/08/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (23 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-17
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-05