CASTLELAW BONDED WAREHOUSES (GLENROTHES) LTD
🌿Early-stageactive
SC725388 · ltd · incorporated 2022-03-07
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 Mar 2025
Net worth
£203.8k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower 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).
🏦
Refinance opportunity
1 live charge · oldest 2.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.1 years old — likely still in initial term.
- · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
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 declaredPositive net assets
Net assets £203,845
Net assets shrinking
Down £66,246 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£204k
↓ 25% YoY
Current Assets
£222k
↑ 5.9% 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 | £388.2k | £398.0k |
| Current assets | £222.3k | £210.0k |
| Net assets | £203.8k | £270.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-09-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-31➕WILLIAMSON, Stephen appointedsecretary
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-01📄memorandum-articlesincorporation · MA
- 2024-05-01📄resolutionresolution · RESOLUTIONS
- 2024-05-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-01📄capital-allotment-sharescapital · SH01
- 2024-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-23🔒Charge registered #1Lender: Hawaiian-Philippine Company
- 2024-04-22➕CURRAN, Paul Andrew appointeddirector
- 2024-03-05📄capital-cancellation-sharescapital · SH06
- 2024-03-05📄capital-return-purchase-own-sharescapital · SH03
- 2024-02-27📄memorandum-articlesincorporation · MA
- 2024-02-27📄resolutionresolution · RESOLUTIONS
- 2023-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-17✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-09-01✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-04-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-03-07🏢Company incorporatedAs CASTLELAW BONDED WAREHOUSES (GLENROTHES) LTD
- 2022-03-07➕BRECHIN, Iain David Cameron appointeddirector
- 2022-03-07📄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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
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 60. 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Paul Andrew Curran Individual · British · DOB 09/1966 · age 60 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 23/04/2024 |
Mr Iain David Cameron Brechin Individual · British · DOB 05/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 07/03/2022 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREEN PROPERTIES MANAGEMENT LIMITED→ SC835757 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| GYLEMUIR CAPITAL LIMITED→ SC387875 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| H&K LETTING LTD→ SC589958 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| HABITAT STUDIOS LTD→ SC555134 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HAQUE ED LIMITED→ SC845559 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HARDWELL HOLDINGS LTD→ SC742323 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HARKINS WEALTH INVESTMENTS LTD→ SC822264 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HARRK PROPERTIES LTD→ SC761112 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HELLSTEN HOLDINGS LTD→ SC699903 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HELPRITE PROPERTIES LTD→ SC824333 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HERAGHTY PROPERTY LIMITED→ SC444796 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| HHI INVESTMENTS LIMITED→ SC734341 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2022-03-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
13 Great King Street
Edinburgh
EH3 6QW
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-05
Last: 2025-04-21
Officers (3 active · 0 resigned)
WILLIAMSON, Stephen→
Activesecretary · appointed 2025-03-31
View their other companies + combined net worth →
BRECHIN, Iain David Cameron→
Activedirector · ~60y · appointed 2022-03-07
View their other companies + combined net worth →
CURRAN, Paul Andrew→
Activedirector · ~60y · appointed 2024-04-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hawaiian-Philippine Company | A registered charge | — | 23/04/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-01
memorandum-articles
incorporation · MA
2024-05-01
resolution
resolution · RESOLUTIONS
2024-05-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-01
capital-allotment-shares
capital · SH01
2024-05-01
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
capital-cancellation-shares
capital · SH06
2024-03-05
capital-return-purchase-own-shares
capital · SH03
2024-03-05
memorandum-articles
incorporation · MA
2024-02-27