CRIEFF HYDRO LIMITED
🌳Matureactive
SC000268 · ltd · incorporated 1867-04-23
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 62/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 32.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 32.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
22 officers (4 active, 22 linked, 20 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
166 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (61 events)Click to expand
- 2025-10-03📄accounts-with-accounts-type-groupaccounts · AA
- 2024-12-05📄accounts-with-accounts-type-groupaccounts · AA
- 2024-01-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-12-07📄accounts-with-accounts-type-groupaccounts · AA
- 2022-08-25📄accounts-with-accounts-type-groupaccounts · AA
- 2021-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-12📄accounts-with-accounts-type-groupaccounts · AA
- 2021-07-05📄memorandum-articlesincorporation · MA
- 2021-07-05📄resolutionresolution · RESOLUTIONS
- 2021-06-30➖TURNBULL, James Douglas resigneddirector
- 2021-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-01➕GARSTANG, Matthew David appointeddirector
- 2021-02-02📄accounts-with-accounts-type-groupaccounts · AA
- 2020-11-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-31➖GARSTANG, Matthew David resigneddirector
- 2019-09-24📄capital-allotment-sharescapital · SH01
- 2019-08-21📄accounts-with-accounts-type-groupaccounts · AA
- 2019-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-07-03📄resolutionresolution · RESOLUTIONS
- 2019-06-24➕GARSTANG, Matthew David appointeddirector
- 2018-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-30➖MUIRDEN, Catherine Mary resigneddirector
- 2016-06-30➖HARRISON, Paul Rodliff resigneddirector
- 2016-02-13🔓Charge satisfied #3
- 2016-02-13🔓Charge satisfied #2
- 2014-10-01➖MANSON, Alan Graeme resigneddirector
- 2014-10-01➕MUIRDEN, Catherine Mary appointeddirector
- 2014-10-01➕TURNBULL, James Douglas appointeddirector
- 2014-02-28➖DONALDSON, Michael Neil resigneddirector
- 2014-01-31🔒Charge registered #5Lender: Santander UK PLC
- 2014-01-31🔓Charge satisfied #1
- 2014-01-20🔒Charge registered #4Lender: Santander UK PLC
- 2013-08-12🔒Charge registered #3Lender: Bank of Scotland PLC
- 2013-06-07➖MAUCHLINE, John resignedsecretary
- 2012-09-26➕MANSON, Alan Graeme appointeddirector
- 2012-08-15➕JENNETT, John Duncan appointeddirector
- 2012-08-15➕LECKIE, Fiona Barbara appointeddirector
- 2012-01-30🔒Charge registered #2Lender: Bank of Scotland PLC
- 2011-07-04➖PEDLER, Martin resigneddirector
- 2011-07-04➖SINCLAIR, Alexander Alan resigneddirector
- 2010-12-14➕HARRISON, Paul Rodliff appointeddirector
- 2007-06-18➖LECKIE, Janet Ida resigneddirector
- 2003-06-30➖MAIR, Alexander Stirling Fraser, Dr. resigneddirector
- 2003-06-18➖GILCHRIST, Iain Johnston resigneddirector
- 2003-05-29➕SINCLAIR, Alexander Alan appointeddirector
- 2001-07-30➖LECKIE, William Gordon John resigneddirector
- 2001-06-05➖LECKIE, William Gordon John resignedsecretary
- 2001-06-05➕MAUCHLINE, John appointedsecretary
- 1996-06-10➖DONALDSON, George Neilson resigneddirector
Showing most recent 50 of 61 events
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 159 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Hospitality · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CALEY LEASING LIMITED→ SC876647 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COFFEE AT THE ROSE HOUSE LIMITED→ SC554854 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| COUPAR FOODS LTD→ SC777174 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CSKM PROPERTY LIMITED→ SC346963 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| DALHOUSIE CASTLE LTD→ SC779699 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DARACH ALBANNACH LIMITED→ SC675350 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DB'S LOADED SPUDS AND SANDWICHES LTD→ SC884012 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DD1 DEVELOPMENTS LTD→ SC741116 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DE VEGA BAR DEVELOPMENT CONSULTANTS LTD→ SC532314 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| DELANEYS' RESTAURANT LTD→ SC810984 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DELI & DOUGH LIMITED→ SC826037 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DELIVINO AUCHTERARDER LTD→ SC588980 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1867-04-23
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Crieff Hydro Hotel
Ferntower Road
Crieff
Perthshire
PH7 3LQ
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24
Officers (4 active · 18 resigned)
GARSTANG, Matthew David→
Activedirector · ~44y · appointed 2021-06-01
View their other companies + combined net worth →
JENNETT, John Duncan→
Activedirector · ~62y · appointed 2012-08-15
View their other companies + combined net worth →
LECKIE, Fiona Barbara→
Activedirector · ~61y · appointed 2012-08-15
View their other companies + combined net worth →
LECKIE, Gordon Kenneth Stephen→
Activedirector · ~61y · appointed 1995-06-05
View their other companies + combined net worth →
LECKIE, William Gordon John→
Resignedsecretary · resigned 2001-06-05
MAUCHLINE, John→
Resignedsecretary · appointed 2001-06-05 · resigned 2013-06-07
DONALDSON, George Reginald→
Resigneddirector · ~98y · resigned 1993-06-14
DONALDSON, George Neilson→
Resigneddirector · ~100y · resigned 1996-06-10
DONALDSON, Michael Neil→
Resigneddirector · ~71y · appointed 1995-12-20 · resigned 2014-02-28
GARSTANG, Matthew David→
Resigneddirector · ~44y · appointed 2019-06-24 · resigned 2020-10-31
GILCHRIST, Iain Johnston→
Resigneddirector · ~88y · appointed 1990-04-26 · resigned 2003-06-18
HARRISON, Paul Rodliff→
Resigneddirector · ~73y · appointed 2010-12-14 · resigned 2016-06-30
LECKIE, Janet Ida→
Resigneddirector · ~85y · appointed 1993-06-14 · resigned 2007-06-18
LECKIE, William Gordon John→
Resigneddirector · ~90y · resigned 2001-07-30
MAIR, Alexander Stirling Fraser, Dr.→
Resigneddirector · ~91y · appointed 1994-04-29 · resigned 2003-06-30
MANSON, Alan Graeme→
Resigneddirector · ~67y · appointed 2012-09-26 · resigned 2014-10-01
MUIRDEN, Catherine Mary→
Resigneddirector · ~64y · appointed 2014-10-01 · resigned 2018-06-30
PEDLER, Martin→
Resigneddirector · ~83y · appointed 1996-06-10 · resigned 2011-07-04
ROSS, Graham Tullis→
Resigneddirector · ~98y · resigned 1995-12-20
SIMPSON, Robert→
Resigneddirector · ~99y · resigned 1994-06-06
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 31/01/2014 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 20/01/2014 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 12/08/2013 | 13/02/2016 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 30/01/2012 | 13/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 22/12/1993 | 31/01/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (166 total)
accounts-with-accounts-type-group
accounts · AA
2025-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-group
accounts · AA
2024-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-25
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-01-16
accounts-with-accounts-type-group
accounts · AA
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-group
accounts · AA
2022-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-27
termination-director-company-with-name-termination-date
officers · TM01
2021-12-16
accounts-with-accounts-type-group
accounts · AA
2021-08-12
memorandum-articles
incorporation · MA
2021-07-05
resolution
resolution · RESOLUTIONS
2021-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-24
appoint-person-director-company-with-name-date
officers · AP01
2021-06-04