HEARTLAND HOME SERVICES LIMITED

🌳Matureactive

SC130330 · ltd · incorporated 1991-03-01

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 21.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£27.5k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Construction of domestic buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 21.6y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 21.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (3 active, 6 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

87 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £27,530

Net assets shrinking

Down £8,146 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£28k

↓ 23% YoY

Current Assets

£6k

↓ 59% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£27.5k	£35.7k
Current assets	£6.3k	£15.4k
Net assets	£27.5k	£35.7k

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-10-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-10-04
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2019-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-03-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2006-05-24
🔓
Charge satisfied #2
2004-11-08
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
2004-09-23
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2001-03-12
➕
GUNN, Catherine appointed
secretary
2001-03-12
➖
NORRIE, Alastair Robert resigned
secretary
1991-03-28
➕
GUNN, Catherine appointed
director
1991-03-28
➕
GUNN, James Elphinstone appointed
director
1991-03-28
➕
NORRIE, Alastair Robert appointed
secretary
1991-03-28
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1991-03-28
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
1991-03-01
🏢
Company incorporated
As HEARTLAND HOME SERVICES LIMITED
1991-03-01
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1991-03-01
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

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 75 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Catherine Gunn Individual · British · DOB 11/1952 · age 74	25–50%	—	25-50% shares	04/10/2019
Mr James Elphinstone Gunn Individual · British · DOB 05/1951 · age 75	25–50%	—	25-50% shares	04/10/2019

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 · Construction · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JOHN GUNN & SONS LIMITED→ SC029399 · est 1953	£19.24M £13.75M–£24.74M	—	—	4400	73y	82	56y
A&W SINCLAIR LTD→ SC277910 · est 2005	—	—	£4.40M	—	21y	82	70y
ALFRED FLETT LIMITED→ SC184541 · est 1998	—	—	—	4600	28y	82	65y
BRIAN BRASS LIMITED→ SC332317 · est 2007	—	—	£144.4k	—	18y	82	70y
CAITHNESS SCAFFOLDING CONTRACTORS LIMITED→ SC177351 · est 1997	—	—	£1.05M	—	28y	82	72y
DUNMORE PROPERTY LIMITED→ SC385260 · est 2010	—	—	£113.2k	—	15y	82	74y
G & R SUTHERLAND LTD.→ SC230181 · est 2002	—	—	£443.0k	—	24y	82	61y
GROUNDWATER TAIT LIMITED→ SC350683 · est 2008	—	—	£260.5k	—	17y	82	74y
HUGH SIMPSON (CONTRACTORS) LIMITED→ SC067751 · est 1979	—	—	£11.00M	—	47y	82	66y
M & G SOLUTIONS LTD→ SC444852 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
M MACKAY SERVICES LTD→ SC877710 · est 2026 · no financials extracted	—	—	—	—	—	—	—
NORTH COAST PROPERTIES→ SC555507 · est 2017 · no financials extracted	—	—	—	—	9y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1991-03-01

Jurisdictionscotland

Primary SIC41202 — Construction of domestic buildings

Registered office

31 Aultririe

West Clyne

Bora Sutherland

KW9 6NH

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-03-15

Last: 2026-03-01

Officers (3 active · 3 resigned)

GUNN, Catherine→

secretary · appointed 2001-03-12

View their other companies + combined net worth →

Active

GUNN, Catherine→

director · ~74y · appointed 1991-03-28

View their other companies + combined net worth →

Active

GUNN, James Elphinstone→

director · ~75y · appointed 1991-03-28

View their other companies + combined net worth →

Active

NORRIE, Alastair Robert→

secretary · appointed 1991-03-28 · resigned 2001-03-12

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1991-03-01 · resigned 1991-03-28

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1991-03-01 · resigned 1991-03-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	08/11/2004	24/05/2006
	outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	23/09/2004	—

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