Snapshot

company: Springfield Properties PLC (The Springfield Group) — Companies House SC031286
sells: Private and affordable new-build homes across Scotland; delivers via Springfield Partnerships (affordable) and brand subsidiaries Dawn Homes, Walker Group, Tulloch Homes and Mactaggart & Mickel
category: Housebuilding / residential development (an explicit Prime Secure target sector)
model: Multi-brand housebuilder running numerous live sites simultaneously across Scotland, from single developments to large multi-phase 'villages'
size activity: H1 FY2025-26 (six months to 30 Nov 2025): revenue £108m (up 2%), pre-tax profit £3.7m (up 6%), 316 completions (190 private, 113 affordable); reported active on ~32 developments across Scotland
ownership: AIM-listed since Oct 2017 (ticker SPR); Scotland's only quoted housebuilder. HQ Elgin (Moray), second office Larbert (Central Belt / Falkirk area)
footprint: Sites across Scotland incl. Central Belt via subsidiaries (Dawn Homes = West of Scotland/Glasgow, Walker Group = East Central); flagship villages Bertha Park (Perth), Durieshill (Stirling), Dykes of Gray (Dundee), Elgin South. New SSEN Transmission agreement to deliver ~300 homes in the North of Scotland

All recent triggers

Reported active on ~32 developments across Scotland at once — a rolling estate of live sites, each carrying plant, tools and materials, is a continuous site-security need source
Multi-phase 'village' developments (Bertha Park ~3,000 homes over 30 years; Durieshill, Stirling) mean long-running sites with completed-but-unsold plots — handover/void gaps where vandalism and theft bite source
Central Belt delivery through Dawn Homes (Glasgow/West) and Walker Group (East Central) plus a Larbert office — overlaps Prime Secure's Scotland Central Belt growth region source
New SSEN Transmission deal for ~300 homes in the North of Scotland = fresh sites breaking ground source

Pain hypotheses

Plant, tool, fuel and copper/cable theft across multiple simultaneous live sites — expensive and recurring on active housebuilds
Site access control and out-of-hours cover across sites at different build stages and geographies
Handover/void gap: completed-but-unsold plots on long multi-phase villages sit exposed to vandalism, squatters and metal theft
As a large, established multi-brand housebuilder they almost certainly already have security arrangements in place — the realistic play is a single site, a region, or overflow/rapid-deploy cover on a new start, NOT displacing the whole account

ICP-fit score

60/100
None

Sources