THE HYDROPATHIC HOTEL PITLOCHRY LIMITED
🌳Matureactive
SC221024 · ltd · incorporated 2001-07-09
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56101Licenced restaurants
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 76). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
20 live charges · 3 lenders · oldest 24.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 9400 | 6300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-groupaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-groupaccounts · AA
- 2024-09-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-06🔒Charge registered #20Lender: Hsbc Bank PLC
- 2024-05-06🔒Charge registered #19Lender: Hsbc Bank PLC
- 2024-05-06🔒Charge registered #18Lender: Hsbc Bank PLC
- 2024-05-06🔒Charge registered #17Lender: Hsbc Bank PLC
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-25🔒Charge registered #16Lender: Hsbc Bank PLC
- 2024-04-25🔒Charge registered #15Lender: Hsbc Bank PLC
- 2024-04-25🔒Charge registered #14Lender: Hsbc Bank PLC
- 2024-04-25🔒Charge registered #13Lender: Hsbc Bank PLC
- 2024-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-22🔒Charge registered #12Lender: Hsbc Bank PLC
- 2024-04-22🔒Charge registered #11Lender: Hsbc Bank PLC
- 2024-04-22🔒Charge registered #10Lender: Hsbc UK Bank PLC
- 2024-04-22🔒Charge registered #9Lender: Hsbc Bank PLC
- 2023-12-21📄accounts-with-accounts-type-groupaccounts · AA
- 2023-01-24📄accounts-with-accounts-type-groupaccounts · AA
- 2022-08-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-10🔒Charge registered #8Lender: Hsbc UK Bank PLC
- 2021-06-07🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2018-03-28➖LATCHFORD, Frank resigneddirector
- 2015-07-01➕MACCUMHAILL-BINROSLI, Jonathan appointeddirector
- 2013-04-11🔓Charge satisfied #1
- 2013-04-05🔓Charge satisfied #2
- 2013-04-04🔒Charge registered #6Lender: Hsbc Bank PLC
- 2013-04-04🔒Charge registered #5Lender: Hsbc Bank PLC
- 2013-04-04🔒Charge registered #4Lender: Hsbc Bank PLC
- 2013-02-28🔒Charge registered #3Lender: Hsbc Bank PLC
- 2005-06-29➖STAUNTON, Jim resigneddirector
- 2004-07-26➕FINGLETON, Kevin appointeddirector
- 2001-11-16🔒Charge registered #2Lender: Icc Bank PLC
- 2001-10-29🔒Charge registered #1Lender: Icc Bank PLC
- 2001-07-30➕FINGLETON, Kevin appointedsecretary
- 2001-07-30➕MACCUMHAILL, Fionn appointeddirector
- 2001-07-30➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Showing most recent 50 of 56 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
18 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Castle Hotel (Windermere) Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Castle Hotel (Windermere) Limited
Corporate parent · holds 25-50% shares
⬇
THE HYDROPATHIC HOTEL PITLOCHRY LIMITED
This company · SC221024
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Castle Hotel (Windermere) Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/04/2018 |
Mr Kevin Fingleton Individual · Irish · DOB 06/1967 · age 59 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Fionn Maccumhaill Individual · Irish · DOB 06/1950 · age 76 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mr Frank Latchfordceased 28/03/2018· 25-50% shares · 25-50% voting · significant influence
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 · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE CHESTNUT TREE COFFEE SHOP LTD→ SC653522 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| THE CHURCH BAR TAPAS & GRILL LTD→ SC830009 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE CORNERSTONE AT RANNOCH LIMITED→ SC687798 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| THE DOME BLAIRGOWRIE LTD→ SC666940 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| THE EARN INN LIMITED→ SC708738 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| THE GARTH & HIGHLAND HOTEL 2025 LTD→ SC843880 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE GREYFRIARS BAR LIMITED→ SC508881 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| THE KIRKSIDE BAR LIMITED→ SC485238 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| THE LAROCH RESTAURANT & BAR LIMITED→ SC508350 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| THE MANSE KLL LTD→ SC822224 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE MONZIE HOTEL LTD→ SC468695 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| THE NEWTONMORE GRILL COMPANY LIMITED→ SC326332 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2001-07-09
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Atholl Palace Hotel
Pitlochry
Perthshire
PH16 5LY
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01
Officers (4 active · 4 resigned)
Active
FINGLETON, Kevin→
Activedirector · ~59y · appointed 2004-07-26
View their other companies + combined net worth →
MACCUMHAILL, Fionn→
Activedirector · ~76y · appointed 2001-07-30
View their other companies + combined net worth →
MACCUMHAILL-BINROSLI, Jonathan→
Activedirector · ~43y · appointed 2015-07-01
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-07-09 · resigned 2001-07-30
LATCHFORD, Frank→
Resigneddirector · ~81y · appointed 2001-07-30 · resigned 2018-03-28
STAUNTON, Jim→
Resigneddirector · ~79y · appointed 2001-07-30 · resigned 2005-06-29
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-07-09 · resigned 2001-07-30
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
18
Outstanding
1
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/05/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/05/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/05/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/05/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 25/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 25/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 25/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 25/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 22/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 22/04/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 22/04/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 22/04/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/06/2021 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 07/06/2021 | — | |
| outstanding | HSBC Hsbc Bank PLC | Standard security | 1 property | 04/04/2013 | — | |
| outstanding | HSBC Hsbc Bank PLC | Standard security | 1 property | 04/04/2013 | — | |
| outstanding | HSBC Hsbc Bank PLC | Standard security | 1 property | 04/04/2013 | — | |
| outstanding | HSBC Hsbc Bank PLC | Floating charge | 1 property | 28/02/2013 | — | |
| satisfied | Icc Bank Icc Bank PLC | Standard security | 1 property | 16/11/2001 | 05/04/2013 | |
| satisfied | Icc Bank Icc Bank PLC | Floating charge | 1 property | 29/10/2001 | 11/04/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
accounts-with-accounts-type-group
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-group
accounts · AA
2024-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-23