HIGHLAND RACE EQUALITY LIMITED

💤Zombieactive

SC354275 · private-limited-guarant-nsc · incorporated 2009-01-30

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 Jan 2026

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: General public administration activities

Sector: Public administration

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

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 (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2026-01-31	2025-01-31

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

Recent activity

Last 30 days

filings

• 1 accounts
• 1 confirmation-statement

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-04-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-06-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-05-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-05-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-02-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-12-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-06-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-06-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-01-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-06-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-06-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-01-28
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2009-12-15
➖
JACK, Malcolm Lyall resigned
director
2009-01-30
🏢
Company incorporated
As HIGHLAND RACE EQUALITY LIMITED
2009-01-30
➕
CHRISTIE, Alasdair Bryce appointed
secretary
2009-01-30
➕
CHRISTIE, Alasdair Bryce appointed
director
2009-01-30
➕
JACK, Malcolm Lyall 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 17 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 candidate

Strong 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 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.
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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Alasdair Bryce Christie Individual · British · DOB 02/1961 · age 65	—	—	sig. influencesignificant influence · firm interest	06/04/2016

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 · Other · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LEYS ESTATE LLP→ SO303096 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
MCM INVESTMENT HOUSE LLP→ SO300076 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
MIDDLE WAY RESOURCES LP→ SL032666 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
MORAY FIRE & SECURITY LTD→ SC838359 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
NORD L.P.→ SL018201 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
OPTIMUS TRADE L.P.→ SL013701 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
PACIFIC TRADE ALLIANCE LP→ SL027035 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
PALLADIUM SOLUTIONS L.P.→ SL020499 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
PAN 2 GENERAL PARTNER LLP→ SO305492 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
PAT MUNRO (HOLDINGS) LIMITED→ SC057075 · est 1975 · no financials extracted	—	—	—	—	51y	—	—
PATON & CO GROUP LLP→ SO303880 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
PATRIES INVEST LP→ SL027073 · est 2016 · no financials extracted	—	—	—	—	9y	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated2009-01-30

Jurisdictionscotland

Primary SIC84110 — General public administration activities

Registered office

29-31, Union Street, Inverness Union Street

Inverness

IV1 1QA

Scotland

Filing status

Accounts

Next due: 2027-10-31

Last made up to: 2026-01-31

Confirmation statement

Next due: 2027-05-07

Last: 2026-04-23

Officers (2 active · 1 resigned)

CHRISTIE, Alasdair Bryce→

secretary · appointed 2009-01-30

View their other companies + combined net worth →

Active

CHRISTIE, Alasdair Bryce→

director · ~65y · appointed 2009-01-30

View their other companies + combined net worth →

Active

JACK, Malcolm Lyall→

director · ~85y · appointed 2009-01-30 · resigned 2009-12-15

Resigned

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