HARRIS HOTEL (2002) LTD.

🌳Matureactive

SC230177 · ltd · incorporated 2002-04-10

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window opening · medium confidence

More negotiable than before — 1 signals weakening over the last 30 days.

· Hygiene score: 90 → 85

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 15.6y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Hygiene score: 90 → 85

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£200.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Hotels and similar accommodation

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 93-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 93). 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

4 live charges · oldest 15.6y

65/100

clean up first

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

· Oldest live charge is 15.6 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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

9 officers (5 active, 9 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

86 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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 £200,222

Cash YoY

+48%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£51k

↑ 48% YoY

Net Worth

£200k

↑ 2.5% YoY

Current Assets

£86k

↑ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£242.6k	£254.9k
Current assets	£86.2k	£74.4k
Cash	£51.3k	£34.6k
Debtors	£10.7k	£13.6k
Net assets	£200.2k	£195.3k

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

filing

• 1 officers

Last 90 days

filings

• 1 officers
• 1 confirmation-statement

Last 180 days

filings

• 1 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-06-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-15
➖
MORRISON, Helen Rose resigned
director
2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-15
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-20
📄
change-person-director-company-with-change-date
officers · CH01
2023-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-09-12
🔒
Charge registered #4
Lender: Bank of Scotland PLC
2018-08-24
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-08-17
🔒
Charge registered #3
Lender: Bank of Scotland PLC
2010-12-16
🔓
Charge satisfied #1
2010-12-13
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2010-10-22
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2006-03-01
➕
MORRISON, Andrew appointed
director
2004-04-06
➖
CAMERON, David Ewan resigned
director
2003-11-21
➕
SCOTT, Sarah Victoria appointed
director
2002-04-11
➕
MORRISON, John Murdo appointed
secretary
2002-04-11
➕
CAMERON, William Donald appointed
director
2002-04-11
➕
MORRISON, John Murdo appointed
director
2002-04-11
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2002-04-11
➕
CAMERON, David Ewan appointed
director
2002-04-11
➕
MORRISON, Helen Rose appointed
director
2002-04-11
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
2002-04-10
🏢
Company incorporated
As HARRIS HOTEL (2002) LTD.
2002-04-10
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2002-04-10
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 93 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 93 years old. Natural succession window is now.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Sarah Victoria Scott Individual · British · DOB 06/1972 · age 54	—	—	sig. influencesignificant influence	24/04/2018
Andrew Morrison Individual · British · DOB 07/1975 · age 51	—	—	sig. influencesignificant influence	06/04/2016

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 →

Similar companies

Active · Hospitality · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SKIBO LIMITED→ SC125259 · est 1990	£5.04M £3.78M–£6.30M	—	—	293	36y	82	64y
BUNCHREW CARAVAN PARK LIMITED→ SC295539 · est 2006	—	—	£1.43M	—	20y	83	71y
CEILIDH PLACES LIMITED→ SC164338 · est 1996	—	—	£55.0k	—	30y	83	88y
LOCH TORRIDON HOTEL LIMITED→ SC192961 · est 1999	—	—	£959.8k	—	27y	83	85y
THE LOCH NESS COFFEE COMPANY LIMITED→ SC221691 · est 2001	—	—	£174.1k	—	24y	83	68y
BRAESIDE LIMITED→ SC267916 · est 2004	—	—	£3.10M	—	22y	82	65y
CHIMES (FORRES) LTD.→ SC259959 · est 2003	—	—	—	0	22y	82	70y
CLUBHOUSE SCOTLAND LIMITED→ SC386878 · est 2010	—	—	—	0	15y	82	81y
DRAWMAJOR LIMITED→ SC130628 · est 1991	—	—	£433.2k	—	35y	82	73y
EOLAS CONSULTANTS LIMITED→ SC183507 · est 1998	—	—	—	100	28y	82	71y
G & A R LIMITED→ SC309130 · est 2006	—	—	£4.1k	—	19y	82	62y
GLEN AFFRIC HOLIDAY PARK LTD→ SC390826 · est 2010	—	—	£504.7k	—	15y	82	58y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2002-04-10

Jurisdictionscotland

Primary SIC55100 — Hotels and similar accommodation

Registered office

4th Floor, Metropolitan House

31-33 High Street

Inverness

IV1 1HT

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-13

Last: 2026-04-29