INVERCOE HIGHLAND HOLIDAYS LIMITED

🌳Matureactive

SC176697 · ltd · incorporated 1997-06-25

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 28.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£117.9k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 55300

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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 28.2y

65/100

clean up first

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

· Oldest live charge is 28.2 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 (68/100)

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

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

74 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 · accounting standard not declared

Positive net assets

Net assets £117,872

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£118k

↑ 8.0% YoY

Current Assets

£79k

↑ 14% 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	£320.1k	£313.4k
Current assets	£79.3k	£69.8k
Net assets	£117.9k	£109.2k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2025-10-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-05
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2016-12-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
1998-05-04
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1998-03-09
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1997-07-10
➕
BROWN, Lynn appointed
secretary
1997-07-10
➕
BROWN, Iain James appointed
director
1997-07-10
➕
BROWN, Lynn appointed
director
1997-06-25
🏢
Company incorporated
As INVERCOE HIGHLAND HOLIDAYS LIMITED
1997-06-25
➕
COSEC LIMITED appointed
corporate-nominee-secretary
1997-06-25
➖
COSEC LIMITED resigned
corporate-nominee-secretary
1997-06-25
➕
CODIR LIMITED appointed
corporate-nominee-director
1997-06-25
➖
CODIR LIMITED resigned
corporate-nominee-director
1997-06-25
➕
COSEC LIMITED appointed
corporate-nominee-director
1997-06-25
➖
COSEC LIMITED resigned
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 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 29 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.)

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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

Incorporated1997-06-25

Jurisdictionscotland

Primary SIC55300 — SIC 55300

Registered office

Invercoe Caravan Park

Invercoe

Glencoe

Argyll

PH49 4HP

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-07-09

Last: 2025-06-25

Officers (3 active · 3 resigned)

BROWN, Lynn→

secretary · appointed 1997-07-10

View their other companies + combined net worth →

Active

BROWN, Iain James→

director · ~67y · appointed 1997-07-10

View their other companies + combined net worth →

Active

BROWN, Lynn→

director · ~67y · appointed 1997-07-10

View their other companies + combined net worth →

Active

COSEC LIMITED→

corporate-nominee-secretary · appointed 1997-06-25 · resigned 1997-06-25

Resigned

CODIR LIMITED→

corporate-nominee-director · appointed 1997-06-25 · resigned 1997-06-25

Resigned

COSEC LIMITED→

corporate-nominee-director · appointed 1997-06-25 · resigned 1997-06-25

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
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	04/05/1998	—
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	09/03/1998	—

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