FOURMILE HOUSE (ABERDEEN) LTD
- 56101Licenced restaurants
- 56302Public houses and bars
Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. 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
5 live charges · 3 lenders · oldest 24.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 4700 | 4300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (43 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-smallaccounts · AA
- 2025-06-06➖AITKEN, Alan Peter resigneddirector
- 2025-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-11📄accounts-with-accounts-type-smallaccounts · AA
- 2022-11-01📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-08-19📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-03-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-01➕RAEBURN CHRISTIE CLARK & WALLACE LLP appointedcorporate-secretary
- 2019-08-01📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2019-08-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-07-31➖RAEBURN CHRISTIE CLARK & WALLACE resignedcorporate-secretary
- 2019-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-03📄resolutionresolution · RESOLUTIONS
- 2017-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-09-27🔓Charge satisfied #4
- 2017-05-01➕YOUNG, Darren appointeddirector
- 2016-04-29➕HENDERSON, Allan Walker appointeddirector
- 2016-04-29➕MCRAE, Derren appointeddirector
- 2016-04-29➕RAEBURN CHRISTIE CLARK & WALLACE appointedcorporate-secretary
- 2016-04-29➕AITKEN, Alan Peter appointeddirector
- 2016-04-29➖LYON, George Robertson resigneddirector
- 2016-03-18🔓Charge satisfied #3
- 2015-01-26➖LYON, Julie Scott resignedsecretary
- 2015-01-26➖LYON, Julie Scott resigneddirector
- 2008-04-10🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2008-02-08🔓Charge satisfied #2
- 2002-01-28🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2002-01-28🔒Charge registered #3Lender: Scottish Courage Limited
- 2001-11-21🔒Charge registered #2Lender: Scottish Courage Limited
- 2001-11-21🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2001-09-28➕LYON, Julie Scott appointedsecretary
- 2001-09-28➖JAMES AND GEORGE COLLIE resignedcorporate-secretary
- 2001-09-28➕LYON, George Robertson appointeddirector
- 2001-09-28➕LYON, Julie Scott appointeddirector
- 2001-09-28➖BONSQUARE NOMINEES LIMITED resignedcorporate-nominee-director
- 2001-08-31🏢Company incorporatedAs FOURMILE HOUSE (ABERDEEN) LTD
- 2001-08-31➕JAMES AND GEORGE COLLIE appointedcorporate-secretary
- 2001-08-31➕BONSQUARE NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Granite City Hospitality Ltd holds majority control (50-75%). Likely parent but not wholly-owned.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Granite City Hospitality Ltd Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 19/05/2016 |
Darren Young Individual · British · DOB 04/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/02/2022 |
1 historic (ceased) PSC
- Mr George Robertson Lyonceased 19/05/2016· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAMPIAN FOODIE LIMITED→ SC642992 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRANITE CITY APARTMENTS LTD→ SC647764 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRANITE PUB PARTNERSHIPS LTD→ SC786486 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GRUB & GO (ABERDEEN) LTD→ SC864667 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HA KEBAB LTD→ SC845550 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HARBOUR HOSTEL LTD→ SC882432 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HAUGHTON HOLIDAY PARK LIMITED→ SC700039 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HAYDN'S WOODFIRED PIZZA LTD→ SC767355 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HE'S GOLDEN HOUSE LIMITED→ SC477811 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HIGHLAND RESORTS (LOCH NESS) LIMITED→ SC776296 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HTRICO LIMITED→ SC770808 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HUNTLY CHIP SHOP LTD→ SC613531 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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 →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
Registered office
Filing status
Officers (4 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 10/04/2008 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 28/01/2002 | 27/09/2017 | |
| satisfied | Scottish Courage Scottish Courage Limited | Standard security | 1 property | 28/01/2002 | 18/03/2016 | |
| satisfied | Scottish Courage Scottish Courage Limited | Floating charge | 1 property | 21/11/2001 | 08/02/2008 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/11/2001 | — |