THE WEST HARRIS TRUST

🌳Matureactive

SC347176 · private-limited-guarant-nsc-limited-exemption · incorporated 2008-08-15

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2023

Net worth

£2.25M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 78). 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 15.0y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 15.0 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (62/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

34 officers (10 active, 34 linked, 30 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

113 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £2,245,230

Key financials

1 year extracted from filed iXBRL accounts

Cash

£129k

Net Worth

£2.2m

Current Assets

£242k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2023-12-31
Total assets	£2.25M
Current assets	£241.6k
Cash	£129.1k
Net assets	£2.25M

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

filing

• 1 officers

Last 90 days

filings

• 2 officers

Last 180 days

filings

• 3 officers

Counts from Companies House filing history.

Corporate timeline (85 events)Click to expand

2026-05-26
➖
MACDONALD, Rhoda resigned
secretary
2026-05-26
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-14
➕
MACLENNAN, Ruaraidh appointed
director
2026-03-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-21
📄
accounts-with-accounts-type-group
accounts · AA
2025-08-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-11
➖
MACKAY, Norman Ian resigned
director
2025-07-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-14
➕
MCCUISH, Mairi appointed
director
2025-04-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
➖
MACDONALD, Donald Andrew resigned
director
2025-03-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-24
➕
MACKENZIE, Mairi Maclennan Nicolson appointed
director
2024-12-11
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-23
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-18
➕
MACDONALD, Rhoda appointed
secretary
2024-11-12
➕
MACKAY, Isobel appointed
director
2024-11-12
➕
MUNRO, Morag appointed
director
2024-11-12
➕
PARRY, Ann appointed
director
2024-11-12
➖
MACDONALD, Roderick resigned
director
2024-11-12
➖
MACKENZIE, Mairi Maclennan Nicolson resigned
director
2024-10-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
➖
MACLENNAN, Finlay resigned
director
2023-10-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-11
📄
accounts-with-accounts-type-small
accounts · AA
2023-09-26
➖
CAMPBELL, Neil resigned
secretary
2023-09-26
➖
CAMPBELL, Neil resigned
director
2022-11-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-25
➖
MACKAY, Murdo resigned
director
2022-09-27
➕
MACDONALD, Donald Andrew appointed
director
2022-09-27
➕
MACKENZIE, Mairi Maclennan Nicolson appointed
director
2021-11-16
➖
FERGUSON, Douglas resigned
director
2021-09-28
➖
CALVERT, Diana resigned
director
2019-12-02
➖
LOYE, Chris resigned
director
2018-08-28
➕
CALVERT, Diana appointed
director
2017-11-06
➕
LOYE, Chris appointed
director
2016-11-07
➕
MACLEOD, George appointed
director
2016-11-07
➖
MACKENZIE, Fiona Mairi Morrison Maclennan resigned
director
2016-09-03
🔒
Charge registered #3
Lender: Comhairle Nan Eilean Siar
2016-09-03
🔓
Charge satisfied #1
2015-11-12
🔒
Charge registered #2
Lender: Big Lottery Fund

Showing most recent 50 of 85 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-10 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 18 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MACDONALD, Rhoda resigned 2026-05-26; MACKAY, Norman Ian resigned 2025-08-11

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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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2008-08-15

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Talla Na Mara Pairc Niseaboist

Horgabost

Isle Of Harris

HS3 3AE

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-08-25

Last: 2025-08-11