GORSEBRIG LIMITED
💤Zombieactive
SC165225 · ltd · incorporated 1996-04-26
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£74.2k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56302Public houses and bars
- 68201Renting and operating of Housing Association real estate
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 62). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
12 live charges · 5 lenders · oldest 29.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 3 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
71
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £74,203
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£74k
↑ 6.9% YoY
Current Assets
£625k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £97.4k | £92.7k |
| Current assets | £624.7k | £623.1k |
| Debtors | £624.7k | £623.1k |
| Net assets | £74.2k | £69.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
- 2026-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-05-06📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-07-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-06-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-03-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-08-04➖THORNTONS LAW LLP resignedcorporate-secretary
- 2021-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-11-01➖MURRAY DONALD LLP resignedcorporate-secretary
- 2014-11-01➕THORNTONS LAW LLP appointedcorporate-secretary
- 2011-03-12🔓Charge satisfied #12
- 2009-09-05🔓Charge satisfied #8
- 2009-08-15🔓Charge satisfied #6
- 2009-06-22🔒Charge registered #12Lender: Royal Bank of Scotland PLC
- 2009-06-11🔒Charge registered #11Lender: Royal Bank of Scotland PLC
- 2007-12-06🔒Charge registered #10Lender: Bank of Scotland PLC
- 2007-03-26➖BLACKADDERS SOLICITORS resignedcorporate-secretary
- 2007-03-26➕MURRAY DONALD LLP appointedcorporate-secretary
- 2005-05-23🔒Charge registered #9Lender: David Reid and Others as Partners of and Trustees of David Reid Farmers
- 2003-12-22🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 2002-11-22🔓Charge satisfied #4
- 2000-11-14🔒Charge registered #7Lender: The Governor and Company of the Bank of Scotland
- 2000-10-26🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 2000-07-17🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 2000-07-17🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2000-07-14🔓Charge satisfied #3
- 2000-07-14🔓Charge satisfied #2
- 2000-07-14🔓Charge satisfied #1
- 1999-08-23🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1999-07-01➕BLACKADDERS SOLICITORS appointedcorporate-secretary
- 1999-06-30➖BLACKADDERS SOLICITORS resignedcorporate-secretary
- 1999-06-18➖MCKENZIE DICK, Douglas Andrew Bonar resignedsecretary
- 1999-06-18➕BLACKADDERS SOLICITORS appointedcorporate-secretary
- 1999-06-18➖DICK, Andrew, Doctor resigneddirector
- 1998-10-31➕MCKENZIE DICK, Douglas Andrew Bonar appointedsecretary
- 1998-10-31➖MURRAY, Ronald Mcleod resignedsecretary
- 1998-10-31➖MURRAY, Ronald Mcleod resigneddirector
- 1996-11-15🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1996-10-25➕MURRAY, Ronald Mcleod appointeddirector
Showing most recent 50 of 61 events
Owner dependency
93/100
Critical — business is the founderThe 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 30 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 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
1 med · 2 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Douglas Andrew Bonar Dick-Reid Individual · British · DOB 07/1964 · age 62 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREEN PARK LIMITED→ SC170546 · est 1996 | £2.29M £1.72M–£2.86M | £3.47M | — | 5500 | 29y | 84 | 65y |
| TAILEND RESTAURANT (ST ANDREWS) LIMITED→ SC359357 · est 2009 | — | — | — | -4900 | 17y | 83 | 70y |
| APPLETREE (FORFAR) LIMITED→ SC388969 · est 2010 | — | — | £5.6k | — | 15y | 82 | 71y |
| BAXTER CROWE DEVELOPMENTS LIMITED→ SC216197 · est 2001 | — | — | £71.0k | — | 25y | 82 | 68y |
| BROOKPEAK LIMITED→ SC358190 · est 2009 | — | — | £5.5k | — | 17y | 82 | 60y |
| C. & S. SCHOFIELD LIMITED→ SC285780 · est 2005 | — | — | — | 0 | 20y | 82 | 74y |
| CAMVO 197 LIMITED→ SC392612 · est 2011 | — | — | — | 2 | 15y | 82 | 68y |
| ITC (SCOTLAND) LIMITED→ SC285302 · est 2005 | — | — | — | 3 | 20y | 82 | 80y |
| KELVIN HOTEL (OBAN) LTD→ SC338208 · est 2008 | — | — | £574.5k | — | 18y | 82 | 66y |
| THE JIGGER PUB COMPANY LTD→ SC836161 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE NEWPORT INN LIMITED→ SC858567 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WDP DISTRIBUTION LIMITED→ SC240124 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated1996-04-26
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Stewart & Co, Suite 11 Castlecroft Business Centre
Tom Johnston Road
Dundee
DD4 8XD
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10
Officers (1 active · 11 resigned)
DICK-REID, Douglas Andrew Bonar→
Activedirector · ~62y · appointed 1996-05-14
View their other companies + combined net worth →
DICK, Douglas Andrew Bonar→
Resignedsecretary · appointed 1996-05-14 · resigned 1996-10-23
MCKENZIE DICK, Douglas Andrew Bonar→
Resignedsecretary · appointed 1998-10-31 · resigned 1999-06-18
MURRAY, Ronald Mcleod→
Resignedsecretary · appointed 1996-10-23 · resigned 1998-10-31
BLACKADDERS SOLICITORS→
Resignedcorporate-secretary · appointed 1999-07-01 · resigned 2007-03-26
BLACKADDERS SOLICITORS→
Resignedcorporate-secretary · appointed 1999-06-18 · resigned 1999-06-30
MURRAY DONALD LLP→
Resignedcorporate-secretary · appointed 2007-03-26 · resigned 2014-11-01
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-04-26 · resigned 1996-05-14
THORNTONS LAW LLP→
Resignedcorporate-secretary · appointed 2014-11-01 · resigned 2021-08-04
DICK, Andrew, Doctor→
Resigneddirector · ~101y · appointed 1996-05-14 · resigned 1999-06-18
MURRAY, Ronald Mcleod→
Resigneddirector · ~88y · appointed 1996-10-25 · resigned 1998-10-31
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1996-04-26 · resigned 1996-05-14
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
5
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 22/06/2009 | 12/03/2011 | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 11/06/2009 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 06/12/2007 | — | |
| outstanding | David Reid and Others as Partners of and Trustees of David Reid Farmers | Standard security | 1 property | 23/05/2005 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/12/2003 | 05/09/2009 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/11/2000 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 26/10/2000 | 15/08/2009 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/07/2000 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/07/2000 | 22/11/2002 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 23/08/1999 | 14/07/2000 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/11/1996 | 14/07/2000 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 18/10/1996 | 14/07/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (145 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-13
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-07
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-13