MCKAYS HOTEL, BAR AND RESTAURANT LIMITED

🌳Matureactive
SC318451 · ltd · incorporated 2007-03-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
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 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.1y

65/100
clean up first

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

  • · Oldest live charge is 19.1 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 (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees50

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
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 persons-with-significant-control
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 persons-with-significant-control
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2026-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-01-15
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  4. 2024-01-09
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  5. 2023-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-12-21
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  8. 2021-12-20
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  9. 2021-03-25
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  10. 2020-01-06
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  11. 2018-12-28
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  12. 2017-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-01-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2016-05-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-05-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2011-10-10
    ➖
    MALONEY DRUMMOND, Angela Mary resigned
    secretary
  17. 2011-10-10
    ➖
    MALONEY DRUMMOND, Angela Mary resigned
    director
  18. 2011-01-06
    ➖
    PATERSON, Victoria Clare resigned
    director
  19. 2007-03-27
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  20. 2007-03-26
    ➖
    HONEYMAN, Greig, Mr. resigned
    director
  21. 2007-03-26
    ➖
    HUTCHISON, Fiona Kathleen resigned
    director
  22. 2007-03-20
    ➕
    DRUMMOND, Richard William appointed
    director
  23. 2007-03-20
    ➕
    ERASMUS, Jonathon Paul appointed
    director
  24. 2007-03-20
    ➖
    HONEYMAN, Greig, Mr. resigned
    secretary
  25. 2007-03-20
    ➕
    MALONEY DRUMMOND, Angela Mary appointed
    secretary
  26. 2007-03-20
    ➕
    MALONEY DRUMMOND, Angela Mary appointed
    director
  27. 2007-03-20
    ➕
    PATERSON, Victoria Clare appointed
    director
  28. 2007-03-13
    🏢
    Company incorporated
    As MCKAYS HOTEL, BAR AND RESTAURANT LIMITED
  29. 2007-03-13
    ➕
    HONEYMAN, Greig, Mr. appointed
    secretary
  30. 2007-03-13
    ➕
    HONEYMAN, Greig, Mr. appointed
    director
  31. 2007-03-13
    ➕
    HUTCHISON, Fiona Kathleen appointed
    director

Owner dependency

83/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

79/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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.)

Group structure

Turas Hotels Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Turas Hotels Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MCKAYS HOTEL, BAR AND RESTAURANT LIMITED
This company · SC318451

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
Turas Hotels Limited
Corporate entity
75–100%
—75-100% shares13/03/2017

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
Incorporated2007-03-13
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

113 Atholl Road
Pitlochry
Perthshire
PH16 5AG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (2 active · 6 resigned)

DRUMMOND, Richard William→
director · ~66y · appointed 2007-03-20
View their other companies + combined net worth →
Active
ERASMUS, Jonathon Paul→
director · ~53y · appointed 2007-03-20
View their other companies + combined net worth →
Active
HONEYMAN, Greig, Mr.→
secretary · appointed 2007-03-13 · resigned 2007-03-20
Resigned
MALONEY DRUMMOND, Angela Mary→
secretary · appointed 2007-03-20 · resigned 2011-10-10
Resigned
HONEYMAN, Greig, Mr.→
director · ~71y · appointed 2007-03-13 · resigned 2007-03-26
Resigned
HUTCHISON, Fiona Kathleen→
director · ~77y · appointed 2007-03-13 · resigned 2007-03-26
Resigned
MALONEY DRUMMOND, Angela Mary→
director · ~67y · appointed 2007-03-20 · resigned 2011-10-10
Resigned
PATERSON, Victoria Clare→
director · ~49y · appointed 2007-03-20 · resigned 2011-01-06
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/03/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-small
accounts · AA
2026-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-audited-abridged
accounts · AA
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
change-person-director-company-with-change-date
officers · CH01
2023-03-20
change-person-director-company-with-change-date
officers · CH01
2023-03-20
accounts-with-accounts-type-audited-abridged
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-22
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-12-20
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16