QUEEN'S HOTEL (WICK) LTD

🌳Matureactive

SC269490 · ltd · incorporated 2004-06-17

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 21.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£283.7k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Public houses and bars

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). 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

2 live charges · oldest 21.8y

65/100

clean up first

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

· Oldest live charge is 21.8 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: 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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

52 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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 £283,716

Net assets shrinking

Down £12,261 YoY

Cash YoY

-5%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£140k

↓ 5.1% YoY

Net Worth

£284k

↓ 4.1% YoY

Current Assets

£147k

↓ 5.5% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£283.7k	£298.4k
Current assets	£147.2k	£155.7k
Cash	£140.2k	£147.7k
Debtors	£533	£376
Net assets	£283.7k	£296.0k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-21
🔓
Charge satisfied #2
2018-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-26
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-06-26
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-03-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2004-08-19
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2004-07-09
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-06-17
🏢
Company incorporated
As QUEEN'S HOTEL (WICK) LTD
2004-06-17
➕
SUTHERLAND, Sharon Marianne appointed
secretary
2004-06-17
➕
SUTHERLAND, Peter Maxwell appointed
director
2004-06-17
➕
SUTHERLAND, Sharon Marianne appointed
director
2004-06-17
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2004-06-17
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

91/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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
Mr Peter Maxwell Sutherland Individual · British · DOB 06/1959 · age 67	25–50%	—	25-50% shares	06/04/2016
Mrs Sharon Marianne Sutherland Individual · British · DOB 10/1961 · age 65	25–50%	—	25-50% shares	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.

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Similar companies

Active · Hospitality · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
NORTH HOTELS LTD→ SC292029 · est 2005	—	—	£1.08M	—	20y	83	84y
NORTHERN DEVELOPMENTS (ORKNEY) LIMITED→ SC285940 · est 2005	—	—	—	3000	20y	83	64y
ALBERT HOTEL LIMITED→ SC196259 · est 1999	—	—	—	19	26y	82	65y
COMMERCIAL HOTEL (THURSO) LTD→ SC397127 · est 2011	—	—	£602.3k	—	15y	82	58y
JOHN O'GROATS LEISURE LTD.→ SC331657 · est 2007	—	—	£1.94M	—	18y	82	74y
MACKAY HOTEL COMPANY LTD→ SC308943 · est 2006	—	—	—	141	19y	82	62y
FOSSIL CENTRE COMMUNITY CAFE LIMITED→ SC353461 · est 2009	—	—	—	0	17y	81	87y
NORTH RONALDSAY TRADING COMPANY LIMITED→ SC291480 · est 2005	—	—	—	0	20y	81	89y
ORKNEY RETREATS LTD→ SC831838 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PAYMÁN HOLDINGS 12 LTD→ SC710721 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
R & S RENDALL PROPERTY LIMITED→ SC248002 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
SUDR LIMITED→ SC651444 · est 2020 · no financials extracted	—	—	—	—	6y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2004-06-17

Jurisdictionscotland

Primary SIC56302 — Public houses and bars

Registered office

Queen's Hotel, 16 Francis Street

Wick

Caithness

KW1 5PZ

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-07-24

Last: 2025-07-10

Officers (3 active · 1 resigned)

SUTHERLAND, Sharon Marianne→

secretary · appointed 2004-06-17

View their other companies + combined net worth →

Active

SUTHERLAND, Peter Maxwell→

director · ~67y · appointed 2004-06-17

View their other companies + combined net worth →

Active

SUTHERLAND, Sharon Marianne→

director · ~65y · appointed 2004-06-17

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2004-06-17 · resigned 2004-06-17

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	19/08/2004	21/03/2019
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	09/07/2004	—

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