THORBURN MANOR OPS LTD

🌱Startupactive
SC841316 · ltd · incorporated 2025-03-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Other residential care activities n.e.c.
Sector: Human health & social work
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 65/100. 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: strategic trade sale (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 0.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 0.5 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
6
filings
  • 5 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-10
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  2. 2025-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-09
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-12-02
    🔒
    Charge registered #3
    Lender: Thorburn Manor Limited (SC384291)
  7. 2025-11-28
    🔒
    Charge registered #2
    Lender: Thorburn Manor Limited (SC384291)
  8. 2025-11-28
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  9. 2025-10-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2025-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2025-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-03-25
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2025-03-14
    🏢
    Company incorporated
    As THORBURN MANOR OPS LTD
  14. 2025-03-14
    BLACK, Sean appointed
    director
  15. 2025-03-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 med ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-12-02: A registered charge; 2025-11-28: A registered charge; 2025-11-28: A registered charge

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-03-25: certificate-change-of-name-company

Group structure

Lindemann Care Home Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lindemann Care Home Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
THORBURN MANOR OPS LTD
This company · SC841316

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
Lindemann Care Home Group Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/03/2025

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

10 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.

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Company details

Statusactive
Typeltd
Incorporated2025-03-14
Jurisdictionscotland
Primary SIC87900 — Other residential care activities n.e.c.

Registered office

41 Charlotte Square
Edinburgh
EH2 4HQ
Scotland

Filing status

Accounts
Next due: 2026-12-14
Last made up to:
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (1 active · 0 resigned)

BLACK, Sean
director · ~44y · appointed 2025-03-14
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Thorburn Manor (SC384291)
Thorburn Manor Limited (SC384291)
A registered charge1 property02/12/2025
outstanding
Thorburn Manor (SC384291)
Thorburn Manor Limited (SC384291)
A registered charge1 property28/11/2025
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge28/11/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-09
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-03-25
incorporation-company
incorporation · NEWINC
2025-03-14