HAMILTON ROSS GROUP LTD

🌳Matureactive
SC069174 · ltd · incorporated 1979-08-22
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
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£6.88M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 33190SIC 33190
  • 47990Other retail sale not in stores, stalls or markets
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 46.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 46.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 6 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 · FRS 102
Positive net assets
Net assets £6,883,709
Cash YoY
-22%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 22% YoY
Net Worth
£6.9m
↑ 4.7% YoY
Current Assets
£20m
↓ 11% YoY
Current Liabilities
—
£0£4.5m£8.9m£13m£18m£22mFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£7.81M£7.50M
Current assets£19.84M£22.26M
Cash£1.0k£1.3k
Debtors£4.80M£3.87M
Net assets£6.88M£6.58M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
2
filings
  • • 1 change-of-name
  • • 1 mortgage
Last 180 days
4
filings
  • • 1 change-of-name
  • • 1 mortgage
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-03-02
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-02-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-02-16
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  4. 2025-11-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2025-03-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-03-14
    🔓
    Charge satisfied #3
  7. 2024-11-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2023-11-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2022-11-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2022-08-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-08-26
    ➕
    GARDINER, Jamie Hay Macleod appointed
    director
  12. 2022-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-05-31
    ➖
    SMITH, Bryce Miller resigned
    director
  14. 2022-02-28
    ➕
    STEEL, James appointed
    director
  15. 2022-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-11-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2021-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-02-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2020-11-24
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2020-09-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2020-09-01
    ➕
    GORDON, Elaine appointed
    secretary
  23. 2020-08-31
    ➖
    SMITH, Bryce Miller resigned
    secretary
  24. 2019-11-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2017-01-06
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  26. 2016-07-12
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  27. 1997-10-01
    ➕
    SMITH, Bryce Miller appointed
    secretary
  28. 1997-09-30
    ➖
    GARDINER, Catherine resigned
    secretary
  29. 1997-09-30
    ➖
    GARDINER, Catherine resigned
    director
  30. 1994-01-03
    ➕
    GARDINER, Catherine appointed
    director
  31. 1993-01-11
    ➕
    GARDINER, Catherine appointed
    secretary
  32. 1993-01-11
    ➖
    GARDINER, Eric Hay Mcleod resigned
    secretary
  33. 1992-12-28
    ➖
    GARDINER, Eric Norman Mcleod resigned
    director
  34. 1991-09-27
    ➕
    GARDINER, Eric Hay Mcleod appointed
    secretary
  35. 1991-09-27
    ➖
    SPARK, Marjory resigned
    secretary
  36. 1991-09-27
    ➖
    SPARK, George resigned
    director
  37. 1990-11-12
    ➕
    SMITH, Bryce Miller appointed
    director
  38. 1979-10-31
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  39. 1979-08-22
    🏢
    Company incorporated
    As HAMILTON ROSS GROUP LTD

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — GARDINER, Jamie Hay Macleod (same surname) appointed 2022-08-26. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Name changed recently
medium

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

Evidence: 2026-03-02: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Eric Hay Macleod Gardiner
Individual · British · DOB 06/1959 · age 67
75–100%
—75-100% shares31/12/2016

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

8 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
Incorporated1979-08-22
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

St Leonard Street
Lanark
ML11 7DZ

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-06
Last: 2025-12-23

Officers (4 active · 8 resigned)

GORDON, Elaine→
secretary · appointed 2020-09-01
View their other companies + combined net worth →
Active
GARDINER, Eric Hay Macleod→
director · ~67y
View their other companies + combined net worth →
Active
GARDINER, Jamie Hay Macleod→
director · ~33y · appointed 2022-08-26
View their other companies + combined net worth →
Active
STEEL, James→
director · ~61y · appointed 2022-02-28
View their other companies + combined net worth →
Active
GARDINER, Catherine→
secretary · appointed 1993-01-11 · resigned 1997-09-30
Resigned
GARDINER, Eric Hay Mcleod→
secretary · appointed 1991-09-27 · resigned 1993-01-11
Resigned
SMITH, Bryce Miller→
secretary · appointed 1997-10-01 · resigned 2020-08-31
Resigned
SPARK, Marjory→
secretary · resigned 1991-09-27
Resigned
GARDINER, Catherine→
director · ~64y · appointed 1994-01-03 · resigned 1997-09-30
Resigned
GARDINER, Eric Norman Mcleod→
director · ~103y · resigned 1992-12-28
Resigned
SMITH, Bryce Miller→
director · ~76y · appointed 1990-11-12 · resigned 2022-05-31
Resigned
SPARK, George→
director · resigned 1991-09-27
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge—16/02/2026—
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge1 property06/01/201714/03/2025
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—12/07/2016—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
A registered charge1 property31/10/1979—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-03-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-full
accounts · AA
2025-11-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-full
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-full
accounts · AA
2022-11-22
appoint-person-director-company-with-name-date
officers · AP01
2022-08-30
termination-director-company-with-name-termination-date
officers · TM01
2022-06-09
appoint-person-director-company-with-name-date
officers · AP01
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-31