MORVEN HOLDINGS LIMITED
🌳Matureactive
SC036767 · ltd · incorporated 1961-08-31
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 Dec 2024
Net worth
£5.38M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
20 live charges · 6 lenders · oldest 60.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 60.3 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 8 with DOB)
83
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
174 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £5,378,691
Cash YoY
-26%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£132k
↓ 26% YoY
Net Worth
£5.4m
↑ 2.7% YoY
Current Assets
£858k
↑ 1.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £5.69M | £5.51M |
| Current assets | £857.7k | £841.7k |
| Cash | £132.0k | £178.8k |
| Debtors | £725.7k | £662.9k |
| Net assets | £5.38M | £5.24M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2025-10-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-24🔒Charge registered #21Lender: Sse Generation Limited
- 2025-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-10📄accounts-with-accounts-type-groupaccounts · AA
- 2023-07-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-05📄accounts-with-accounts-type-groupaccounts · AA
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-07🔓Charge satisfied #20
- 2022-09-07🔓Charge satisfied #19
- 2022-09-07🔓Charge satisfied #18
- 2022-09-07🔓Charge satisfied #17
- 2022-09-07🔓Charge satisfied #15
- 2022-09-07🔓Charge satisfied #14
- 2022-09-07🔓Charge satisfied #12
- 2022-09-07🔓Charge satisfied #11
- 2022-09-07🔓Charge satisfied #9
- 2022-09-07🔓Charge satisfied #8
- 2022-09-07🔓Charge satisfied #7
- 2022-09-07🔓Charge satisfied #6
- 2022-09-07🔓Charge satisfied #5
- 2022-09-07🔓Charge satisfied #4
- 2022-09-07🔓Charge satisfied #2
- 2022-09-07🔓Charge satisfied #1
- 2021-11-25🔓Charge satisfied #16
- 2021-11-25🔓Charge satisfied #13
- 2021-06-15➕RUSSELL, Callum appointeddirector
- 2021-04-06🔓Charge satisfied #10
- 2020-01-11➕RUSSELL, John Summers appointedsecretary
- 2019-12-17➕RYAN, Stephen Michael appointeddirector
- 2019-12-15➖ARIF, Scott resignedsecretary
- 2019-12-15➖ARIF, Scott resigneddirector
- 2019-08-22➖ARIF, William resigneddirector
- 2010-04-19➖WILLIS, James resigneddirector
- 2009-10-10➖ARIF, Linda resigneddirector
- 2008-12-15➕WILLIS, James appointeddirector
Showing most recent 50 of 77 events
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 37 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — RUSSELL, Callum (same surname) appointed 2021-06-15. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 37 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 65 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.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Russell Individual · British · DOB 02/1960 · age 66 | 50–75% | — | 50-75% shares | 15/12/2019 |
Mr Callum Russell Individual · British · DOB 05/1987 · age 39 | 25–50% | — | 25-50% shares | 01/02/2022 |
3 historic (ceased) PSCs
- Mr Stephen Michael Ryanceased 01/02/2022· significant influence
- Mr Scott Arifceased 15/12/2019· 50-75% shares
- Mr William Arifceased 22/08/2019· 25-50% shares
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 · Hospitality · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MILOVAIG LTD→ SC865862 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MILTON HOTELS LIMITED→ SC136639 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| MOSS COFFEE SHOP LTD→ SC845058 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| NAMASTE INBHIR NIS LTD→ SC799699 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| NEW MUNCHY BOX LTD→ SC808502 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NORTH KESSOCK HOTEL LIMITED→ SC749434 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NORTHERN CORRIES LIMITED→ SC601401 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| NORTHWEST RETREATS LTD→ SC699898 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| OLD TOWN FISH & CHIPS LTD→ SC866584 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OUR SCOTTISH ADVENTURE LTD→ SC527574 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| OUTBACK ENTERPRISES LTD→ SC641010 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| OYKEL BRIDGE HOTEL LIMITED→ SC413078 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated1961-08-31
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
80 High Street
Fochabers
IV32 7DH
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (4 active · 8 resigned)
RUSSELL, John Summers→
Activesecretary · appointed 2020-01-11
View their other companies + combined net worth →
RUSSELL, Callum→
Activedirector · ~39y · appointed 2021-06-15
View their other companies + combined net worth →
RUSSELL, John→
Activedirector · ~66y · appointed 1989-01-01
View their other companies + combined net worth →
RYAN, Stephen Michael→
Activedirector · ~62y · appointed 2019-12-17
View their other companies + combined net worth →
ARIF, Linda→
Resignedsecretary · appointed 1990-11-30 · resigned 2007-01-04
ARIF, Scott→
Resignedsecretary · appointed 2007-01-04 · resigned 2019-12-15
MCCUTCHEON, George→
Resignedsecretary · resigned 1990-11-30
ARIF, Linda→
Resigneddirector · ~74y · resigned 2009-10-10
ARIF, Scott→
Resigneddirector · ~51y · appointed 2000-01-01 · resigned 2019-12-15
ARIF, William→
Resigneddirector · ~89y · resigned 2019-08-22
MCCUTCHEON, George→
Resigneddirector · ~98y · resigned 1995-04-01
WILLIS, James→
Resigneddirector · ~79y · appointed 2008-12-15 · resigned 2010-04-19
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
1
Outstanding
1
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Sse Generation Sse Generation Limited | A registered charge | 1 property | 24/10/2025 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 14/08/2008 | 07/09/2022 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 29/04/2008 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/07/2007 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/06/2007 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/07/2006 | 25/11/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/04/2006 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 09/03/2006 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/02/2000 | 25/11/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 13/03/1992 | 06/04/2021 | |
| satisfied | Scottish and Newcastle Scottish and Newcastle PLC | Standard security | 1 property | 13/02/1992 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/02/1992 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 18/12/1991 | 07/09/2022 | |
| satisfied | Scottish and Newcastle Breweries Scottish and Newcastle Breweries PLC | Standard security | 1 property | 19/07/1991 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/07/1991 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/12/1990 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/08/1986 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/09/1981 | 07/09/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/03/1972 | 07/09/2022 | |
| satisfied | Lloyds Banking Group National Commercial Bank of Scotland | Bond for cash credit & disposition in security | 1 property | 31/12/1965 | 07/09/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (174 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-31
accounts-with-accounts-type-group
accounts · AA
2023-10-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-group
accounts · AA
2022-10-05
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-07