KELVIN HOTEL (OBAN) LTD

💤Zombieactive
SC338208 · ltd · incorporated 2008-02-20
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 Mar 2025
Net worth
£574.5k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

3 live charges · 2 lenders · oldest 18.0y

30/100
under pressure

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

  • · Oldest live charge is 18.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 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 · accounting standard not declared
Positive net assets
Net assets £574,535

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£575k
↑ 6.0% YoY
Current Assets
£36k
↓ 22% YoY
Current Liabilities
—
£0£115k£230k£345k£460k£575kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£628.6k£612.6k
Current assets£36.5k£47.0k
Net assets£574.5k£542.2k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-02-26
    🔒
    Charge registered #3
    Lender: Hsbc UK Bank PLC
  5. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-09-29
    ➖
    HANDA, Savita resigned
    director
  10. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2008-06-22
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  19. 2008-05-20
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  20. 2008-05-08
    ➖
    MCFATRIDGE, Ian Andrew, Mr. resigned
    director
  21. 2008-02-22
    ➕
    MCFATRIDGE, Ian Andrew, Mr. appointed
    secretary
  22. 2008-02-22
    ➕
    MCLEAN, Sheena appointed
    director
  23. 2008-02-22
    ➕
    HANDA, Savita appointed
    director
  24. 2008-02-22
    ➕
    MCFATRIDGE, Ian Andrew, Mr. appointed
    director
  25. 2008-02-21
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  26. 2008-02-21
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  27. 2008-02-20
    🏢
    Company incorporated
    As KELVIN HOTEL (OBAN) LTD
  28. 2008-02-20
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  29. 2008-02-20
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

88/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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. Ian Andrew Mcfatridge
Individual · British · DOB 02/1958 · age 68
25–50%
—25-50% shares01/06/2016
Ms Savita Handa
Individual · British · DOB 05/1957 · age 69
25–50%
—25-50% shares01/06/2016
Ms Sheena Maclean
Individual · British · DOB 07/1960 · age 66
25–50%
—25-50% shares01/06/2016

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

Similar companies

Active · Hospitality · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GREEN PARK LIMITED→
SC170546 · est 1996
£2.29M
£1.72M–£2.86M
£3.47M—550029y8465y
TAILEND RESTAURANT (ST ANDREWS) LIMITED→
SC359357 · est 2009
———-490017y8370y
APPLETREE (FORFAR) LIMITED→
SC388969 · est 2010
——£5.6k—15y8271y
BAXTER CROWE DEVELOPMENTS LIMITED→
SC216197 · est 2001
——£71.0k—25y8268y
BROOKPEAK LIMITED→
SC358190 · est 2009
——£5.5k—17y8260y
C. & S. SCHOFIELD LIMITED→
SC285780 · est 2005
———020y8274y
CAMVO 197 LIMITED→
SC392612 · est 2011
———215y8268y
ITC (SCOTLAND) LIMITED→
SC285302 · est 2005
———320y8280y
LINDSAY STREET PROPERTIES LIMITED→
SC067260 · est 1979
———447y8271y
THE GOLFY LIMITED→
SC356796 · est 2009
———120017y8260y
THE STRATH BAR LIMITED→
SC304587 · est 2006
———20019y8266y
DUNDEE SURVIVAL GROUP CHARITABLE COMPANY LIMITED→
SC096374 · est 1985 · no financials extracted
————40y8182y
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
Incorporated2008-02-20
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Viewbank
Weavers Walk
Forfar
DD8 3ED

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-04
Last: 2026-02-18

Officers (2 active · 4 resigned)

MCFATRIDGE, Ian Andrew, Mr.→
secretary · appointed 2008-02-22
View their other companies + combined net worth →
Active
MCLEAN, Sheena→
director · ~66y · appointed 2008-02-22
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2008-02-20 · resigned 2008-02-21
Resigned
HANDA, Savita→
director · ~69y · appointed 2008-02-22 · resigned 2021-09-29
Resigned
MCFATRIDGE, Ian Andrew, Mr.→
director · ~68y · appointed 2008-02-22 · resigned 2008-05-08
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2008-02-20 · resigned 2008-02-21
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property26/02/2024—
outstanding
HSBC
Hsbc Bank PLC
Floating charge1 property22/06/2008—
outstanding
HSBC
Hsbc Bank PLC
Standard security1 property20/05/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (51 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
termination-director-company-with-name-termination-date
officers · TM01
2021-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-27