HIGHLAND HEATING MANAGEMENT LIMITED

🌳Matureactive
SC296985 · ltd · incorporated 2006-02-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 43220Plumbing, heat and air-conditioning installation
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (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. 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 · 2 lenders · oldest 18.3y

50/100
clean up first

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

  • · Oldest live charge is 18.3 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: high (80/100)

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

Company profile
address, 2 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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees202000

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-02-23
    📄
    capital-allotment-shares
    capital · SH01
  11. 2022-02-23
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-02-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2022-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2022-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2022-02-08
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  18. 2022-01-13
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2022-01-11
    📄
    capital-allotment-shares
    capital · SH01
  20. 2021-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-09-01
    ➕
    LC SECRETARIES LIMITED appointed
    corporate-secretary
  22. 2020-09-01
    ➖
    PETERS, Gordon Eric resigned
    secretary
  23. 2017-04-05
    ➖
    TYRONNEY, Gary resigned
    director
  24. 2010-03-01
    ➕
    MACKINTOSH, Kyle Forbes Bain appointed
    director
  25. 2010-02-12
    🔓
    Charge satisfied #1
  26. 2009-08-27
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  27. 2008-02-07
    ➕
    TYRONNEY, Gary appointed
    director
  28. 2008-01-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 2006-02-10
    🏢
    Company incorporated
    As HIGHLAND HEATING MANAGEMENT LIMITED
  30. 2006-02-10
    ➕
    MACLEOD, James appointed
    director
  31. 2006-02-10
    ➕
    PETERS, Gordon Eric appointed
    director
  32. 2006-02-10
    ➕
    PETERS, Gordon Eric appointed
    secretary

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

70/100
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.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Macleod
Individual · British · DOB 01/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting04/01/2022
Mr Gordon Eric Peters
Individual · British · DOB 08/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting04/01/2022
Mr Kyle Forbes Bain Mackintosh
Individual · British · DOB 09/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting04/01/2022

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 · Construction · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
G & A BARNIE GROUP LIMITED→
SC265415 · est 2004
£5.89M
£4.21M–£7.58M
——42622y8468y
G.F. JOB LIMITED→
SC135278 · est 1991
£5.10M
£3.64M–£6.56M
——6534y8875y
HIGHLAND METALS LIMITED→
SC061436 · est 1976
£3.87M
£2.77M–£4.98M
——3549y8871y
HIGHLAND DEEPHAVEN LIMITED→
SC050016 · est 1972
£1.97M
£1.41M–£2.54M
——454y8371y
CRANLOCH LIMITED→
SC237023 · est 2002
——£10.4k—23y8368y
DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED→
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——£2.04M—24y8365y
ERG (SCOTLAND) LIMITED→
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————27y8359y
LEWISTON ARMS LIMITED→
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——£32.6k—19y8373y
SHAKK ENGINEERING LTD→
SC681119 · est 2020 · no financials extracted
————5y——
SPENCE & GRANT LIMITED→
SC083508 · est 1983 · no financials extracted
————42y——
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————18y——
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————18y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2006-02-10
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Units 9 & 10 20 Carsegate Road
Inverness
Highland
IV3 8EA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (4 active · 2 resigned)

LC SECRETARIES LIMITED→
corporate-secretary · appointed 2020-09-01
View their other companies + combined net worth →
Active
MACKINTOSH, Kyle Forbes Bain→
director · ~52y · appointed 2010-03-01
View their other companies + combined net worth →
Active
MACLEOD, James→
director · ~52y · appointed 2006-02-10
View their other companies + combined net worth →
Active
PETERS, Gordon Eric→
director · ~58y · appointed 2006-02-10
View their other companies + combined net worth →
Active
PETERS, Gordon Eric→
secretary · appointed 2006-02-10 · resigned 2020-09-01
Resigned
TYRONNEY, Gary→
director · ~47y · appointed 2008-02-07 · resigned 2017-04-05
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property27/08/2009—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property08/01/200812/02/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (84 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-23
change-person-director-company-with-change-date
officers · CH01
2024-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-10
change-person-director-company-with-change-date
officers · CH01
2023-02-09
change-person-director-company-with-change-date
officers · CH01
2023-02-09
change-person-director-company-with-change-date
officers · CH01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
capital-allotment-shares
capital · SH01
2022-02-23
resolution
resolution · RESOLUTIONS
2022-02-23