HARRY'S DEPARTMENT STORE LIMITED

🌳Matureactive
SC242309 · ltd · incorporated 2003-01-15
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£775.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 22.2y

50/100
clean up first

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

  • · Oldest live charge is 22.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
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 · accounting standard not declared
Positive net assets
Net assets £775,164
Net assets shrinking
Down £43,270 YoY
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£72k
↑ 8.8% YoY
Net Worth
£775k
↓ 5.3% YoY
Current Assets
£555k
↓ 4.1% YoY
Current Liabilities
—
£0£164k£327k£491k£655k£818kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£1.07M£827.3k
Current assets£555.3k£579.1k
Cash£71.7k£66.0k
Debtors£21.7k£43.7k
Net assets£775.2k£818.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2026-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-06
    ➖
    JAMIESON, Mary resigned
    secretary
  6. 2025-04-06
    ➖
    JAMIESON, Mary resigned
    director
  7. 2024-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2015-12-02
    ➕
    CARROLL, Caroline appointed
    director
  19. 2015-12-02
    ➕
    JAMIESON, Harry Stewart appointed
    director
  20. 2015-06-06
    ➖
    JAMIESON, Henry Arthur Noble resigned
    director
  21. 2008-04-21
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  22. 2004-06-28
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  23. 2004-02-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  24. 2003-01-15
    🏢
    Company incorporated
    As HARRY'S DEPARTMENT STORE LIMITED
  25. 2003-01-15
    ➕
    JAMIESON, Mary appointed
    secretary
  26. 2003-01-15
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2003-01-15
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  28. 2003-01-15
    ➕
    JAMIESON, Henry Arthur Noble appointed
    director
  29. 2003-01-15
    ➕
    JAMIESON, Mary appointed
    director
  30. 2003-01-15
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  31. 2003-01-15
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

66/100
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 58 — approaching natural succession window.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 23 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
NameSharesVoting rightsNature of controlNotified
Mrs Caroline Carroll
Individual · British · DOB 02/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting27/02/2019
Mr Harry Stewart Jamieson
Individual · British · DOB 04/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting27/02/2019
1 historic (ceased) PSC
  • Mrs Mary Jamiesonceased 06/04/2025· 25-50% shares · 25-50% voting · board control

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

7 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
Incorporated2003-01-15
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

The Esplanade
Lerwick
Shetland
ZE1 0LL

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (2 active · 5 resigned)

CARROLL, Caroline→
director · ~58y · appointed 2015-12-02
View their other companies + combined net worth →
Active
JAMIESON, Harry Stewart→
director · ~55y · appointed 2015-12-02
View their other companies + combined net worth →
Active
JAMIESON, Mary→
secretary · appointed 2003-01-15 · resigned 2025-04-06
Resigned
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-01-15 · resigned 2003-01-15
Resigned
JAMIESON, Henry Arthur Noble→
director · ~83y · appointed 2003-01-15 · resigned 2015-06-06
Resigned
JAMIESON, Mary→
director · ~81y · appointed 2003-01-15 · resigned 2025-04-06
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-01-15 · resigned 2003-01-15
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Standard security1 property21/04/2008—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/06/2004—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property26/02/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-19
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-18