HIGHLAND CROSS

🌳Matureactive

SC173583 · private-limited-guarant-nsc-limited-exemption · incorporated 1997-03-19

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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 Dec 2024

Net worth

—

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 81/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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

Confirmed no charges registered

Directors & officers

11 officers (6 active, 11 linked, 9 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-12-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-17
➕
CHRISTIE, Elizabeth Ann appointed
director
2025-11-17
➕
MUNRO, Douglas appointed
director
2025-11-17
➕
SWEENEY, Mhairi Anne Kerr appointed
director
2025-11-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-03-19
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-09-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2004-04-07
➖
GRANT, Gerald Hugh resigned
secretary
2004-04-07
➖
GRANT, Gerald Hugh resigned
director
2004-04-07
➖
GRANT, Sheila Macpherson resigned
director
2004-04-07
➖
MACLEAN, Graham Fraser resigned
director
2004-04-07
➖
MACLEAN, Sandra Margaret resigned
director
2004-04-05
➕
FRASER, John appointed
secretary
2004-04-05
➕
FRASER, John appointed
director
2004-04-05
➕
MUNRO, Calum Mackintosh appointed
director
1997-03-19
🏢
Company incorporated
As HIGHLAND CROSS
1997-03-19
➕
GRANT, Gerald Hugh appointed
secretary
1997-03-19
➕
GRANT, Gerald Hugh appointed
director
1997-03-19
➕
GRANT, Sheila Macpherson appointed
director
1997-03-19
➕
MACLEAN, Graham Fraser appointed
director
1997-03-19
➕
MACLEAN, Sandra Margaret appointed
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 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — MUNRO, Douglas (same surname) appointed 2025-11-17. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Calum Mackintosh Munro Individual · British · DOB 06/1953 · age 73	—	25–50%	25-50% voting	06/04/2016
Mr John Fraser Individual · British · DOB 09/1956 · age 70	—	25–50%	25-50% 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 · Leisure & entertainment · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LOCH NESS MARATHON LIMITED→ SC312511 · est 2006	£670.8k £521.7k–£819.9k	—	—	400	19y	81	62y
CALEDONIAN CONCEPTS (SCOTLAND) LIMITED→ SC310846 · est 2006	£393.3k £305.9k–£480.7k	—	—	400	19y	81	68y
DORNOCH AND DISTRICT COMMUNITY ASSOCIATION→ SC375856 · est 2010	—	—	£346.7k	—	16y	83	84y
HIGHLAND GLIDING CLUB LIMITED→ SC155807 · est 1995	—	—	£218.2k	—	31y	83	71y
ELGIN KART RACEWAY & ACTIVITY CENTRE LIMITED→ SC337383 · est 2008	—	—	£3.5k	—	18y	82	74y
APPLECROSS HISTORICAL SOCIETY→ SC208619 · est 2000	—	—	—	0	25y	81	80y
AULDEARN COMMUNITY TRUST→ SC229632 · est 2002	—	—	£69.3k	—	24y	81	82y
AULTBEA REGENERATION COMPANY→ SC352697 · est 2008 · no financials extracted	—	—	—	—	17y	81	78y
DANCE NORTH SCOTLAND C.I.C.→ SC260642 · est 2003 · no financials extracted	—	—	—	—	22y	81	73y
EILEAN BAN TRUST→ SC189729 · est 1998 · no financials extracted	—	—	—	—	27y	81	87y
FINDHORN VILLAGE HERITAGE COMPANY→ SC132026 · est 1991	—	—	£105.0k	—	34y	81	83y
GLENFINNAN STATION MUSEUM LTD→ SC310896 · est 2006	—	—	—	3	19y	81	77y

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.

See pricing →

Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1997-03-19

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

Redwood

19 Culduthel Road

Inverness

IV2 4AA

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-04-02

Last: 2026-03-19