LONESOME HIGHWAY LIMITED
💤Zombieactive
SC329908 · ltd · incorporated 2007-08-28
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 Aug 2024
Net worth
£-4.2k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £4,169
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£4k
↓ 21% YoY
Current Assets
£595
↓ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £595 | £1.2k |
| Current assets | £595 | £1.2k |
| Net assets | £-4.2k | £-3.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (19 events)Click to expand
- 2025-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-09-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-05-28📄termination-secretary-company-with-nameofficers · TM02
- 2014-05-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-01-01➖MOUAT, Katherine Deakin resignedsecretary
- 2007-08-28🏢Company incorporatedAs LONESOME HIGHWAY LIMITED
- 2007-08-28➕MOUAT, David Andrew appointeddirector
- 2007-08-28➕MOUAT, Katherine Deakin appointedsecretary
Owner dependency
100/100
Critical — business is the founderThe 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 65 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Andrew Mouat Individual · British · DOB 12/1961 · age 65 | 75–100% | — | 75-100% shares | 28/08/2016 |
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 →Similar companies
Active · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LES JOLY DAMES LTD→ SC649774 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LEVDERT LIMITED→ SC115567 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| LIGHTTRACK (SCOTLAND) LTD→ SC335603 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| LIMINALE C.I.C.→ SC870667 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LINKTOURS SCOTLAND LTD→ SC772699 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LINLITHGOW RUGBY CLUB LTD→ SC532598 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| LIVINGSTON FOOTBALL CLUB LIMITED→ SC142420 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| LOCH LOMOND LEISURE (SCOTLAND) LTD.→ SC219990 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| LOCH LOMOND TOURS LTD→ SC679896 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LONGNIDDRY GOLF CLUB LIMITED→ SC031269 · est 1956 · no financials extracted | — | — | — | — | 70y | — | — |
| LOOP LIVE (UK) LIMITED→ SC790453 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LOTHIAN & BORDERS CLASSIC & VINTAGE MOTORCYCLE CLUB LIMITED→ SC267634 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2007-08-28
Jurisdictionscotland
Primary SIC90020 — Support activities to performing arts
Registered office
120 East Trinity Road
Edinburgh
EH5 3PS
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28
Officers (1 active · 1 resigned)
MOUAT, David Andrew→
Activedirector · ~65y · appointed 2007-08-28
View their other companies + combined net worth →
MOUAT, Katherine Deakin→
Resignedsecretary · appointed 2007-08-28 · resigned 2014-01-01
Click a director name to see their full track record across all companies.
Recent filings (41 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-28