LOCHABER LODGES (LETTINGS) LIMITED

🌳Matureactive
SC352969 · ltd · incorporated 2008-12-31
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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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
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-03-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-02-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-01-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-01-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-07-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-01-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2008-12-31
    🏢
    Company incorporated
    As LOCHABER LODGES (LETTINGS) LIMITED
  18. 2008-12-31
    MORRISON, Audrey Emma appointed
    director
  19. 2008-12-31
    MORRISON, Scott appointed
    director

Owner dependency

89/100
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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

74/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. 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 17 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-14

Group structure

The Firm Of Moy Farm is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Firm Of Moy Farm
Corporate parent · holds 75-100% shares
ultimate parent
LOCHABER LODGES (LETTINGS) LIMITED
This company · SC352969

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
The Firm Of Moy Farm
Corporate entity
75100%
75-100% shares31/12/2016

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

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
Incorporated2008-12-31
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Moy Farm
Banavie
Fort William
PH33 7PD

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-14OVERDUE
Last: 2024-12-31

Officers (2 active · 0 resigned)

MORRISON, Audrey Emma
director · ~60y · appointed 2008-12-31
View their other companies + combined net worth →
Active
MORRISON, Scott
director · ~63y · appointed 2008-12-31
View their other companies + combined net worth →
Active

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

Recent filings (36 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-03