AHR REALISATIONS LIMITED

⚰️Wound downdissolved

SC119878 · ltd · incorporated 1989-09-01

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

46/100

Watch

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 5510

Sector: Accommodation & food service

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 46/100 (watch), bankability 32/100. Strong seller-intent signal (78/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

14 live charges · 3 lenders · oldest 33.9y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 33.9 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 75/100 (specialist).

Data confidence

Overall: low (49/100)

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

Lenders & charges

14 charges (14/14 with lender, 14/14 with type)

Directors & officers

19 officers (2 active, 19 linked, 14 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

167 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

46/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (82 events)Click to expand

2010-09-21
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2010-09-21
🏁
Company dissolved
2010-06-21
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2010-06-21
⚠️
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2009-08-14
⚠️
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2009-08-11
⚠️
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2009-08-11
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2009-07-14
⚠️
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2009-06-29
⚠️
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2009-06-24
📍
legacy
address · 287
2009-06-17
📄
legacy
officers · 288b
2009-06-17
📄
legacy
officers · 288b
2009-06-17
📄
legacy
officers · 288a
2009-06-11
📄
legacy
officers · 288a
2009-06-11
📄
legacy
officers · 288b
2009-06-11
📄
legacy
officers · 288b
2009-05-27
➕
MCGEE, Jeremiah appointed
director
2009-05-27
➖
MACDONALD, Donald John resigned
director
2009-05-27
➖
ROBERTSON, Ian resigned
director
2009-04-28
📄
legacy
annual-return · 363a
2009-03-10
📄
legacy
officers · 288b
2009-02-27
➖
SUTHERLAND, David Fraser resigned
director
2008-07-28
📄
legacy
officers · 288b
2008-07-28
📄
legacy
officers · 288b
2008-04-18
➖
BANKIER, Ian Patrick resigned
director
2008-04-18
➖
SULLIVAN, Sean Michael resigned
director
2008-04-18
📄
legacy
annual-return · 363a
2007-07-31
📄
accounts-with-accounts-type-group
accounts · AA
2007-04-24
📄
legacy
annual-return · 363a
2006-12-18
📄
legacy
annual-return · 363a
2006-10-31
📄
accounts-with-accounts-type-group
accounts · AA
2006-07-18
📄
legacy
accounts · 244
2004-12-01
➕
BANKIER, Ian Patrick appointed
director
2004-12-01
➖
BUSBY, James George William resigned
director
2004-04-30
🔒
Charge registered #15
Lender: The Governor and Company of the Bank of Scotland
2004-04-29
🔒
Charge registered #16
Lender: The Governor and Company of the Bank of Scotland
2004-04-15
🔒
Charge registered #14
Lender: The Governor and Company of the Bank of Scotland
2003-05-09
🔒
Charge registered #13
Lender: The Governor and Company of the Bank of Scotland
2002-11-19
➕
MACDONALD, Donald John appointed
director
2002-02-05
🔓
Charge satisfied #11
2001-04-20
➕
FRASER, Robert Gordon appointed
secretary
2001-04-20
➖
GILLESPIE, Brendan resigned
secretary
2001-04-20
➕
SULLIVAN, Sean Michael appointed
director
2001-03-14
➕
ROBERTSON, Ian appointed
director
2001-02-26
➖
TAYLOR, David Hunter resigned
director
2000-05-19
➕
GILLESPIE, Brendan appointed
secretary
2000-05-19
➖
SMITH, David resigned
secretary
2000-05-19
➖
BROWNING, Patrick John resigned
director
2000-05-19
➕
BUSBY, James George William appointed
director
2000-05-19
➖
COLLINS, David resigned
director

Showing most recent 50 of 82 events

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

98/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 37 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

2 high · 1 med · 1 low

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-09-21

7 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2010-09-21: gazette-dissolved-liquidation; 2010-06-21: liquidation-in-administration-progress-report-scotland

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

8 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

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COURT HOTEL SUITES LIMITED→ SC373209 · est 2010	—	—	£553.1k	—	16y	83	64y
DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009	—	—	£254.5k	—	17y	83	58y
ELITE HOTELS LIMITED→ SC103199 · est 1987	—	—	—	0	39y	83	76y
J J BEAM LIMITED→ SC132477 · est 1991	—	—	—	18	34y	83	74y
MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted	—	—	—	—	27y	83	61y
SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000	—	—	—	83	25y	83	63y
SCOTS GUARDS ASSOCIATION CLUB, LIMITED→ SC013223 · est 1924	—	—	—	6	101y	83	80y
STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted	—	—	—	—	18y	83	59y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

12 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

Statusdissolved

Typeltd

Incorporated1989-09-01

Jurisdictionscotland

Primary SIC5510 — SIC 5510

Registered office

Erskine House

68-73 Queen Street

Edinburgh

EH2 4NH

Filing status

Accounts

Next due: —

Last made up to: 2006-09-28

Confirmation statement

Next due: —

Last: —

Officers (0 active · 17 resigned)

FRASER, Robert Gordon→

secretary · appointed 2001-04-20

View their other companies + combined net worth →

Active

MCGEE, Jeremiah→

director · ~73y · appointed 2009-05-27

View their other companies + combined net worth →

Active

GILLESPIE, Brendan→

secretary · appointed 2000-05-19 · resigned 2001-04-20

Resigned

GOULD, Frederick James→

secretary · appointed 1990-02-09 · resigned 1990-12-01

Resigned

MAUD, Glenn→

secretary · resigned 1995-11-23

Resigned

SMITH, David→

secretary · appointed 1995-11-23 · resigned 2000-05-19

Resigned

BANKIER, Ian Patrick→

director · ~74y · appointed 2004-12-01 · resigned 2008-04-18

Resigned

BLOOM, Desmond Lawrence→

director · ~80y · appointed 1995-11-23 · resigned 1997-03-27

Resigned

BROWNING, Patrick John→

director · ~82y · appointed 1998-06-12 · resigned 2000-05-19

Resigned

BUSBY, James George William→

director · ~78y · appointed 2000-05-19 · resigned 2004-12-01

Resigned

COLLINS, David→

director · ~80y · appointed 1997-08-26 · resigned 2000-05-19

Resigned

CONRAD, Neville Simeon→

director · ~91y · appointed 1997-08-26 · resigned 1998-01-28

Resigned

MACDONALD, Donald John→

director · ~79y · appointed 2002-11-19 · resigned 2009-05-27

Resigned

MAUD, Glenn→

director · ~68y · appointed 1990-02-09 · resigned 1996-03-19

Resigned

NEWETT, David Ian→

director · ~67y · appointed 1992-01-27 · resigned 1996-03-19

Resigned

ROBERTSON, Ian→

director · ~77y · appointed 2001-03-14 · resigned 2009-05-27

Resigned

SULLIVAN, Sean Michael→

director · ~65y · appointed 2001-04-20 · resigned 2008-04-18

Resigned

SUTHERLAND, David Fraser→

director · ~77y · appointed 2000-05-19 · resigned 2009-02-27

Resigned

TAYLOR, David Hunter→

director · ~72y · appointed 2000-05-19 · resigned 2001-02-26

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:14 of 14 shown

		Type	Properties
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	30/04/2004	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	29/04/2004	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	15/04/2004	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	09/05/2003	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	10/04/1997	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	2 properties	23/08/1994	05/02/2002
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	02/04/1993	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	02/04/1993	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	30/03/1993	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	11/08/1992	23/02/1994
satisfied	Scottish & Newcastle Scottish & Newcastle PLC	Standard security	1 property	05/08/1992	22/07/1993
satisfied	Scottish & Newcastle Scottish & Newcastle PLC	Bond & floating charge	1 property	03/08/1992	29/09/1993
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	14/07/1992	19/06/1995
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Floating charge	1 property	29/06/1992	07/07/1994

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (167 total)

gazette-dissolved-liquidation

gazette · GAZ2

2010-09-21

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2010-06-21

liquidation-in-administration-move-to-dissolution-scotland

insolvency · 2.26B(Scot)

2010-06-21

liquidation-in-administration-proposals-scotland

insolvency · 2.16B(Scot)

2009-08-14

liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached

insolvency · 2.15B(Scot)

2009-08-11

certificate-change-of-name-company

change-of-name · CERTNM

2009-08-11

liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached

insolvency · 2.15B(Scot)

2009-07-14

liquidation-in-administration-appointment-of-administrator-scotland

insolvency · 2.11B(Scot)

2009-06-29

legacy

address · 287

2009-06-24

legacy

officers · 288b

2009-06-17

legacy

officers · 288b

2009-06-17

legacy

officers · 288a

2009-06-17

legacy

officers · 288a

2009-06-11

legacy

officers · 288b

2009-06-11

legacy

officers · 288b

2009-06-11