STRATHMORE HOTELS LIMITED

📉Decliningactive
SC128215 · ltd · incorporated 1990-11-02
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 27/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (57/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

13 live charges · 5 lenders · oldest 34.8y

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 34.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
172 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £368,376

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2022Dec 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-312022-12-31
Profit before tax£368.4k£751.1k
Average employees4150037600

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
1
filing
  • 1 gazette
Last 180 days
3
filings
  • 2 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2026-03-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2026-01-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-08-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-05-30
    CORMACK, Lawrence John resigned
    director
  7. 2024-03-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-03-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-03-29
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2024-03-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-11-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2021-12-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2021-04-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2021-04-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2019-10-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2019-07-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2019-07-15
    🔒
    Charge registered #18
    Lender: Handelsbanken PLC
  19. 2019-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-10-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  21. 2013-01-14
    HAMILL, Louise Grace appointed
    director
  22. 2012-11-20
    RICKARD, Ronald resigned
    secretary
  23. 2012-11-20
    RICKARD, Ronald resigned
    director
  24. 2010-12-31
    RICKARD, Christopher Liam appointed
    director
  25. 2003-10-31
    🔒
    Charge registered #16
    Lender: Svenska Handelsbanken Ab (Publ)
  26. 2003-10-31
    🔒
    Charge registered #15
    Lender: Svenska Handelsbanken Ab (Publ)
  27. 2002-02-12
    RICKARD, Barbara appointed
    director
  28. 2002-02-12
    GARDNER, Derek Gordon resigned
    director
  29. 2002-02-12
    URQUHART, David Martin resigned
    director
  30. 2002-02-12
    WITHER, Alan Peter resigned
    director
  31. 2001-05-18
    GARDNER, Derek Gordon appointed
    director
  32. 2001-05-18
    SCOULER, Brian Buchanan resigned
    director
  33. 1997-04-01
    CORMACK, Lawrence John appointed
    director
  34. 1996-10-01
    🔒
    Charge registered #14
    Lender: Svenska Handelsbanken
  35. 1994-02-25
    🔒
    Charge registered #13
    Lender: Svenska Handelsbanken
  36. 1992-11-06
    🔒
    Charge registered #11
    Lender: Svenska Handelsbanken
  37. 1992-07-13
    🔒
    Charge registered #10
    Lender: Svenska Handelsbanken
  38. 1992-04-21
    🔒
    Charge registered #7
    Lender: Svenska Handelsbanken
  39. 1992-03-06
    🔒
    Charge registered #3
    Lender: Svenska Handelbankenand Its Successors and Assignees
  40. 1992-02-26
    🔒
    Charge registered #17
    Lender: Svenska Handelsbanken
  41. 1992-02-21
    SCOULER, Brian Buchanan appointed
    director
  42. 1992-02-21
    🔓
    Charge satisfied #2
  43. 1992-02-21
    🔓
    Charge satisfied #1
  44. 1992-02-18
    🔒
    Charge registered #5
    Lender: Svenska Handelsbanken
  45. 1991-07-17
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  46. 1991-07-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  47. 1991-07-01
    RICHARD, Barbara resigned
    secretary
  48. 1991-07-01
    RICKARD, Ronald appointed
    secretary
  49. 1991-07-01
    URQUHART, David Martin appointed
    director
  50. 1991-07-01
    WITHER, Alan Peter appointed
    director
Showing most recent 50 of 59 events

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100
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 76 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-11-03

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.

11 live charges
low

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

Group structure

Strathmore Hotels (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Strathmore Hotels (Scotland) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
STRATHMORE HOTELS LIMITED
This company · SC128215

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Strathmore Hotels (Scotland) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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

Statusactive
Typeltd
Incorporated1990-11-02
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

116 Strathmore House
East Kilbride
G74 1LF

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2025-11-03OVERDUE
Last: 2024-10-20

Officers (3 active · 11 resigned)

HAMILL, Louise Grace
director · ~48y · appointed 2013-01-14
View their other companies + combined net worth →
Active
RICKARD, Barbara
director · ~76y · appointed 2002-02-12
View their other companies + combined net worth →
Active
RICKARD, Christopher Liam
director · ~46y · appointed 2010-12-31
View their other companies + combined net worth →
Active
BOTHWICK, Alan Charles
nominee-secretary · appointed 1990-11-02 · resigned 1991-05-01
Resigned
RICHARD, Barbara
secretary · appointed 1991-05-01 · resigned 1991-07-01
Resigned
RICKARD, Ronald
secretary · appointed 1991-07-01 · resigned 2012-11-20
Resigned
BOTHWICK, Alan Charles
nominee-director · appointed 1990-11-02 · resigned 1991-05-01
Resigned
CORMACK, Lawrence John
director · ~73y · appointed 1997-04-01 · resigned 2024-05-30
Resigned
GARDNER, Derek Gordon
director · ~64y · appointed 2001-05-18 · resigned 2002-02-12
Resigned
RICKARD, Ronald
director · ~77y · appointed 1991-05-01 · resigned 2012-11-20
Resigned
SCOULER, Brian Buchanan
director · ~67y · appointed 1992-02-21 · resigned 2001-05-18
Resigned
URQUHART, David Martin
director · ~80y · appointed 1991-07-01 · resigned 2002-02-12
Resigned
WITHER, Alan Peter
director · ~95y · appointed 1991-07-01 · resigned 2002-02-12
Resigned
YOUNG, William Smith Geates
nominee-director · appointed 1990-11-02 · resigned 1991-05-01
Resigned

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

Mortgages & charges

13
Total charges
11
Outstanding
4
Active lenders
Status:Lender:13 of 13 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property15/07/2019
outstanding
Svenska Handelsbanken Ab (Publ)
Standard security1 property31/10/2003
outstanding
Svenska Handelsbanken Ab (Publ)
Standard security1 property31/10/2003
outstanding
Svenska Handelsbanken
Floating charge1 property01/10/1996
outstanding
Svenska Handelsbanken
Standard security1 property25/02/1994
outstanding
Svenska Handelsbanken
Legal charge1 property06/11/1992
outstanding
Svenska Handelsbanken
Standard security1 property13/07/1992
outstanding
Svenska Handelsbanken
Standard security1 property21/04/1992
outstanding
Svenska Handelbankenand Its Successors and Assignees
Debenture1 property06/03/1992
outstanding
Svenska Handelsbanken
Standard security2 properties26/02/1992
outstanding
Svenska Handelsbanken
Bond & floating charge1 property18/02/1992
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/07/199121/02/1992
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property08/07/199121/02/1992
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (172 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-15
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-full
accounts · AA
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
termination-director-company-with-name-termination-date
officers · TM01
2024-07-02
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-30
accounts-with-accounts-type-full
accounts · AA
2024-03-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-03-29
gazette-notice-compulsory
gazette · GAZ1
2024-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-full
accounts · AA
2022-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-full
accounts · AA
2021-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-04