HIGHLAND STAR WELL SERVICES LTD.
🌳Matureactive
SC183396 · ltd · incorporated 1998-02-27
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£814
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01700SIC 01700
- 09100SIC 09100
- 41100Development of building projects
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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 22.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.1 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 (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £814
Key financials
2 years extracted from filed iXBRL accountsCash
£24k
Net Worth
£814
↑ 101% YoY
Current Assets
£77k
↑ 58% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £5.8k | £-60.7k |
| Current assets | £76.5k | £48.4k |
| Cash | £24.0k | — |
| Net assets | £814 | £-70.2k |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-21🔓Charge satisfied #2
- 2024-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2004-04-29🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2004-03-29🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1998-02-27🏢Company incorporatedAs HIGHLAND STAR WELL SERVICES LTD.
- 1998-02-27➕HAGGART, Karen Rose appointedsecretary
- 1998-02-27➕HAGGART, Garry appointeddirector
- 1998-02-27➕HAGGART, Karen Rose appointeddirector
- 1998-02-27➕REID, Brian appointednominee-secretary
- 1998-02-27➖REID, Brian resignednominee-secretary
- 1998-02-27➕MABBOTT, Stephen appointednominee-director
- 1998-02-27➖MABBOTT, Stephen resignednominee-director
Owner dependency
84/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
cleanNo 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 |
|---|---|---|---|---|
Mrs Karen Haggart Individual · British · DOB 06/1964 · age 62 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Garry Haggart Individual · British · DOB 01/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| DON AGRI SERVICES LIMITED→ SC311614 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| EPIGENETICA LIMITED→ SC605559 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| JARRON FARMS LIMITED→ SC161621 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| JUNIPER PHEASANTRY LTD→ SC757880 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LEDNATHIE ESTATE LIMITED→ SC041909 · est 1965 · no financials extracted | — | — | — | — | 61y | — | — |
| MONIKIE FARMS LIMITED→ SC464064 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MOUNTQUHANIE (LOUISE) LIMITED→ SC388968 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MOUNTQUHANIE LIMITED→ SC388959 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MURLEYWELL FARM LIMITED→ SC822305 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NISSEN CHRISTMAS TREES LTD→ SC243828 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| NORANBANK FARMS LIMITED→ SC352947 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| NORTH EASTERN FUELS LTD→ SC492717 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1998-02-27
Jurisdictionscotland
Primary SIC01420 — SIC 01420
Registered office
Kargarrie House Lundie
Edzell
Brechin
Angus
DD9 7QN
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27
Officers (3 active · 2 resigned)
HAGGART, Karen Rose→
Activesecretary · appointed 1998-02-27
View their other companies + combined net worth →
HAGGART, Garry→
Activedirector · ~60y · appointed 1998-02-27
View their other companies + combined net worth →
HAGGART, Karen Rose→
Activedirector · ~62y · appointed 1998-02-27
View their other companies + combined net worth →
REID, Brian→
Resignednominee-secretary · appointed 1998-02-27 · resigned 1998-02-27
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1998-02-27 · resigned 1998-02-27
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/04/2004 | 21/07/2025 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 29/03/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (73 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-10