CEILIDH PLACES LIMITED

🌳Matureactive

SC164338 · ltd · incorporated 1996-03-21

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£55.0k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Hotels and similar accommodation

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 88-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 88). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -69% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 29.7y

45/100

under pressure

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

· Oldest live charge is 29.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· 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, 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

12 officers (6 active, 12 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

9 connected companies via shared directors

Filing history

91 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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 · accounting standard not declared

Positive net assets

Net assets £55,007

Net assets shrinking

Down £76,076 YoY

Cash draining

Cash down 69% YoY

Cash YoY

-69%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£41k

↓ 69% YoY

Net Worth

£55k

↓ 58% YoY

Current Assets

£85k

↓ 52% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£58.1k	£144.3k
Current assets	£84.6k	£177.0k
Cash	£40.9k	£133.9k
Debtors	£698	£3.4k
Net assets	£55.0k	£131.1k

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

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-01-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-25
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-01
➕
URQUHART, Jonathan appointed
secretary
2024-11-01
➕
URQUHART, Rebecca Maclennan appointed
director
2024-11-01
➖
URQUHART MBE, Jean resigned
secretary
2023-11-02
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-27
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-03-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-15
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-11-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-03-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-03-21
➕
URQUHART, Alison Margaret appointed
director
2019-03-21
➖
URQUHART, Alison Margaret resigned
director
2019-03-21
➖
URQUHART, Rebecca Maclennan resigned
director
2019-03-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-01-09
➕
URQUHART, Jonathan appointed
director
2019-01-09
➕
URQUHART, Rebecca Maclennan appointed
director
2002-06-06
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1996-10-27
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1996-08-02
➕
MORRIS, Anthony Harry appointed
director
1996-08-02
➕
URQUHART, Jean appointed
director
1996-08-02
➕
URQUHART MBE, Jean appointed
secretary
1996-08-02
➖
MUNRO FORMATIONS LIMITED resigned
corporate-secretary
1996-08-02
➕
URQUHART, Alison Margaret appointed
director
1996-08-02
➖
MUNRO FORMATIONS LIMITED resigned
corporate-director
1996-08-02
➖
NOBLE FORMATIONS LIMITED resigned
corporate-director
1996-03-21
🏢
Company incorporated
As CEILIDH PLACES LIMITED
1996-03-21
➕
MUNRO FORMATIONS LIMITED appointed
corporate-secretary
1996-03-21
➕
MUNRO FORMATIONS LIMITED appointed
corporate-director
1996-03-21
➕
NOBLE FORMATIONS LIMITED appointed
corporate-director

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 88 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

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 88 years old. Natural succession window is now.
primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mrs Jean Urquhart Individual · British · DOB 05/1949 · age 77	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	17/04/2016

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 →

Similar companies

Active · Hospitality · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SKIBO LIMITED→ SC125259 · est 1990	£5.04M £3.78M–£6.30M	—	—	293	36y	82	64y
HARRIS HOTEL (2002) LTD.→ SC230177 · est 2002	—	—	£200.2k	—	24y	83	93y
LOCH TORRIDON HOTEL LIMITED→ SC192961 · est 1999	—	—	£1.00M	—	27y	83	85y
THE LOCH NESS COFFEE COMPANY LIMITED→ SC221691 · est 2001	—	—	£174.1k	—	24y	83	68y
BRAESIDE LIMITED→ SC267916 · est 2004	—	—	£3.10M	—	22y	82	65y
CHIMES (FORRES) LTD.→ SC259959 · est 2003	—	—	—	0	22y	82	70y
CLUBHOUSE SCOTLAND LIMITED→ SC386878 · est 2010	—	—	—	0	15y	82	81y
DRAWMAJOR LIMITED→ SC130628 · est 1991	—	—	£433.2k	—	35y	82	73y
EOLAS CONSULTANTS LIMITED→ SC183507 · est 1998	—	—	—	100	28y	82	71y
G & A R LIMITED→ SC309130 · est 2006	—	—	£4.1k	—	19y	82	62y
GLEN AFFRIC HOLIDAY PARK LTD→ SC390826 · est 2010	—	—	£504.7k	—	15y	82	58y
GLENELG BAY LIMITED→ SC357711 · est 2009	—	—	£107.0k	—	17y	82	62y

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

Incorporated1996-03-21

Jurisdictionscotland

Primary SIC55100 — Hotels and similar accommodation

Registered office

12-14 West Argyle Street

Ullapool

IV26 2TY

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27