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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
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
£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 29.7y
15/100
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.
- · 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
0
filings
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 | £2.82M £2.12M–£3.53M | £3.63M | — | 5300 | 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 | 21y | 82 | 74y |
| CAMVO 197 LIMITED→ SC392612 · est 2011 | — | — | — | 2 | 15y | 82 | 68y |
| ITC (SCOTLAND) LIMITED→ SC285302 · est 2005 | — | — | — | 3 | 21y | 82 | 80y |
| KELVIN HOTEL (OBAN) LTD→ SC338208 · est 2008 | — | — | £574.5k | — | 18y | 82 | 66y |
| LINDSAY STREET PROPERTIES LIMITED→ SC067260 · est 1979 | — | — | — | 4 | 47y | 82 | 71y |
| THE GOLFY LIMITED→ SC356796 · est 2009 | — | — | — | 1200 | 17y | 82 | 60y |
| THE STRATH BAR LIMITED→ SC304587 · est 2006 | — | — | — | 200 | 20y | 82 | 66y |
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