PLANET (TURF HOTEL) LIMITED

🌳Matureactive
SC200361 · ltd · incorporated 1999-09-28
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£855.9k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 26.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 3 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £855,852
Net assets shrinking
Down £5,542 YoY
Cash YoY
-27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£34k
↓ 27% YoY
Net Worth
£856k
~ YoY
Current Assets
£464k
↓ 2.7% YoY
Current Liabilities
—
£0£172k£345k£517k£689k£861kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£855.9k£861.4k
Current assets£464.3k£477.0k
Cash£34.1k£46.9k
Debtors£430.1k£430.1k
Net assets£855.9k£861.4k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-04-15
    ➕
    LINDSAY, Harmen Lily appointed
    director
  9. 2019-04-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-18
    ➖
    MANSON, Margaret Rose resigned
    secretary
  13. 2018-03-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2018-03-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2018-03-14
    ➕
    MCLELLAN, Martin David appointed
    secretary
  16. 2017-10-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2017-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2017-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2017-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2017-08-27
    🔓
    Charge satisfied #4
  21. 2017-08-27
    🔓
    Charge satisfied #3
  22. 2017-08-27
    🔓
    Charge satisfied #2
  23. 2017-08-27
    🔓
    Charge satisfied #1
  24. 2013-07-01
    ➖
    LINDSAY, William Alasdair resigned
    director
  25. 2013-06-30
    ➕
    LINDSAY, Pauline Margaret appointed
    director
  26. 2005-07-04
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  27. 2000-11-23
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  28. 2000-10-24
    ➕
    MANSON, Margaret Rose appointed
    secretary
  29. 2000-10-24
    ➖
    SMITH, Steven Laurence Laidlaw resigned
    secretary
  30. 2000-03-31
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  31. 2000-02-10
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  32. 1999-10-18
    ➕
    SMITH, Steven Laurence Laidlaw appointed
    secretary
  33. 1999-10-18
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  34. 1999-10-18
    ➕
    LINDSAY, William Alasdair appointed
    director
  35. 1999-10-18
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  36. 1999-10-18
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  37. 1999-09-28
    🏢
    Company incorporated
    As PLANET (TURF HOTEL) LIMITED
  38. 1999-09-28
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  39. 1999-09-28
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  40. 1999-09-28
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 27 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 ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Pauline Margaret Lindsay
Individual · British · DOB 08/1965 · age 61
75–100%
—75-100% shares06/04/2016

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 →

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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
Incorporated1999-09-28
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

C/O Mitchells Roberton George House
36 North Hanover Street
Glasgow
G1 2AD
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (3 active · 6 resigned)

MCLELLAN, Martin David→
secretary · appointed 2018-03-14
View their other companies + combined net worth →
Active
LINDSAY, Harmen Lily→
director · ~29y · appointed 2019-04-15
View their other companies + combined net worth →
Active
LINDSAY, Pauline Margaret→
director · ~61y · appointed 2013-06-30
View their other companies + combined net worth →
Active
MANSON, Margaret Rose→
secretary · appointed 2000-10-24 · resigned 2018-03-18
Resigned
SMITH, Steven Laurence Laidlaw→
secretary · appointed 1999-10-18 · resigned 2000-10-24
Resigned
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 1999-09-28 · resigned 1999-10-18
Resigned
LINDSAY, William Alasdair→
director · ~67y · appointed 1999-10-18 · resigned 2013-07-01
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 1999-09-28 · resigned 1999-10-18
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 1999-09-28 · resigned 1999-10-18
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/07/200527/08/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security7 properties23/11/200027/08/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security3 properties31/03/200027/08/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property10/02/200027/08/2017

Recent filings (98 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-19
appoint-person-director-company-with-name-date
officers · AP01
2019-04-15