THE NEWTONMORE GRILL COMPANY LIMITED

💤Zombieactive
SC326332 · ltd · incorporated 2007-06-26
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 Jun 2025
Net worth
£214.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 18.7y

15/100
under pressure

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

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £214,547
Net assets shrinking
Down £17,362 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£215k
↓ 7.5% YoY
Current Assets
£219k
↓ 8.6% YoY
Current Liabilities
—
£0£48k£96k£144k£191k£239kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£214.5k£231.9k
Current assets£218.8k£239.3k
Net assets£214.5k£231.9k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-08-17
    🔓
    Charge satisfied #5
  7. 2022-08-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-08-02
    🔓
    Charge satisfied #1
  9. 2022-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-08-22
    ➖
    FRASER, Heather resigned
    director
  13. 2019-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-07-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-07-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2018-06-25
    ➖
    JORDAN COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  18. 2018-04-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2018-04-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2018-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2008-03-31
    ➕
    FRASER, Heather appointed
    director
  22. 2008-03-31
    ➖
    MACKINTOSH, Derek John resigned
    director
  23. 2008-02-06
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  24. 2008-01-14
    🔒
    Charge registered #4
    Lender: John Nicol Harper and Another
  25. 2007-10-11
    🔒
    Charge registered #3
    Lender: John Nicol Harper and Another
  26. 2007-10-11
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  27. 2007-08-07
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 2007-06-26
    🏢
    Company incorporated
    As THE NEWTONMORE GRILL COMPANY LIMITED
  29. 2007-06-26
    ➕
    FRASER, Barbara Mary Joy appointed
    director
  30. 2007-06-26
    ➕
    JORDAN COMPANY SECRETARIES LIMITED appointed
    corporate-secretary
  31. 2007-06-26
    ➕
    MACKINTOSH, Derek John appointed
    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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

98/100
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.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Barbara Mary Joy Fraser
Individual · British · DOB 02/1953 · age 73
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Heather Fraser
Individual · British · DOB 08/1978 · age 48
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2007-06-26
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Shieldaig
Station Road
Newtonmore
PH20 1AR
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (1 active · 3 resigned)

FRASER, Barbara Mary Joy→
director · ~73y · appointed 2007-06-26
View their other companies + combined net worth →
Active
JORDAN COMPANY SECRETARIES LIMITED→
corporate-secretary · appointed 2007-06-26 · resigned 2018-06-25
Resigned
FRASER, Heather→
director · ~48y · appointed 2008-03-31 · resigned 2019-08-22
Resigned
MACKINTOSH, Derek John→
director · ~77y · appointed 2007-06-26 · resigned 2008-03-31
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property06/02/200817/08/2022
outstanding
John Nicol Harper and Another
Standard security1 property14/01/2008—
outstanding
John Nicol Harper and Another
Standard security1 property11/10/2007—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/10/2007—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property07/08/200702/08/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-17
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-30