HIGHGROVE HOUSE HOTEL LTD

💤Zombieactive
SC282087 · ltd · incorporated 2005-03-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 18.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-06-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-05-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2021-06-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2019-09-04
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2019-04-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-06-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2017-04-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2016-06-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2016-03-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2015-03-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2008-10-22
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  18. 2007-10-25
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  19. 2007-02-15
    SMITH, David Limmond resigned
    director
  20. 2005-03-23
    🏢
    Company incorporated
    As HIGHGROVE HOUSE HOTEL LTD
  21. 2005-03-23
    COSTLEY, Catherine appointed
    secretary
  22. 2005-03-23
    COSTLEY, William James Mccreadie appointed
    director
  23. 2005-03-23
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  24. 2005-03-23
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  25. 2005-03-23
    SMITH, David Limmond appointed
    director
  26. 2005-03-23
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  27. 2005-03-23
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-06

Group structure

Costley & Costley Hoteliers Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Costley & Costley Hoteliers Limited
Corporate parent · holds 75-100% shares
ultimate parent
HIGHGROVE HOUSE HOTEL LTD
This company · SC282087

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Costley & Costley Hoteliers Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/09/2016

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 →

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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
Incorporated2005-03-23
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Lochgreen House Hotel
Monktonhill Road
Troon
KA10 7EN
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-04-06OVERDUE
Last: 2025-03-23

Officers (2 active · 3 resigned)

COSTLEY, Catherine
secretary · appointed 2005-03-23
View their other companies + combined net worth →
Active
COSTLEY, William James Mccreadie
director · ~73y · appointed 2005-03-23
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2005-03-23 · resigned 2005-03-23
Resigned
SMITH, David Limmond
director · ~52y · appointed 2005-03-23 · resigned 2007-02-15
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2005-03-23 · resigned 2005-03-23
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Standard security1 property22/10/2008
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property25/10/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-small
accounts · AA
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-small
accounts · AA
2023-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-small
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24
accounts-with-accounts-type-small
accounts · AA
2021-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-small
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-23
resolution
resolution · RESOLUTIONS
2019-09-04
accounts-with-accounts-type-small
accounts · AA
2019-04-23