MONTROSE HOUSE (SCOTLAND) LIMITED
💤Zombieactive
SC357910 · ltd · incorporated 2009-04-07
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 Jun 2025
Net worth
£333.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -88% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 11.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £333,867
Net assets shrinking
Down £27,474 YoY
Cash draining
Cash down 88% YoY
Cash YoY
-88%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 88% YoY
Net Worth
£334k
↓ 7.6% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Cash | £3.5k | £29.0k |
| Net assets | £333.9k | £361.3k |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-24🔓Charge satisfied #2
- 2023-04-24🔓Charge satisfied #1
- 2023-04-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-05📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-04-05📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-15➖FERGUSON, Gavin Paul Edward resigneddirector
- 2021-07-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-08-11🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2014-07-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2011-07-01➕MILLER, Karen Louise appointeddirector
- 2009-10-01➖LAIRD CRAIG, Adrian Joseph resigneddirector
- 2009-04-07🏢Company incorporatedAs MONTROSE HOUSE (SCOTLAND) LIMITED
- 2009-04-07➕MILLER, Karen Louise appointedsecretary
- 2009-04-07➕FERGUSON, Gavin Paul Edward appointeddirector
- 2009-04-07➕LAIRD CRAIG, Adrian Joseph appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Karen Louise Miller Individual · British · DOB 06/1975 · age 51 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr. Gavin Paul Edward Fergusonceased 05/04/2022· 25-50% shares
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 · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWEEDDALE COURT (EDINBURGH) LIMITED→ SC074222 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| TWO ROBS LIMITED→ SC855594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| U.Z. PROPERTIES LIMITED→ SC686120 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UM PROPERTY MANAGEMENT LIMITED→ SC797099 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| UMEGA ESTATE AGENTS LIMITED→ SC690316 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UMEGA NEW HOMES LIMITED→ SC694772 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UNICORN MARKETS C.I.C.→ SC760209 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| V&A HOUSES LTD→ SC788882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER DEVELOPMENTS LTD→ SC796661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER NORTH EAST PROPERTY INVESTMENTS LTD→ SC863574 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-04-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
26 Marmion Road
North Berwick
East Lothian
EH39 4PG
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (2 active · 2 resigned)
MILLER, Karen Louise→
Activesecretary · appointed 2009-04-07
View their other companies + combined net worth →
MILLER, Karen Louise→
Activedirector · ~51y · appointed 2011-07-01
View their other companies + combined net worth →
FERGUSON, Gavin Paul Edward→
Resigneddirector · ~53y · appointed 2009-04-07 · resigned 2022-03-15
LAIRD CRAIG, Adrian Joseph→
Resigneddirector · ~71y · appointed 2009-04-07 · resigned 2009-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/08/2014 | 24/04/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 25/07/2014 | 24/04/2023 |
Recent filings (57 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-20
change-person-director-company-with-change-date
officers · CH01
2023-04-20
change-person-secretary-company-with-change-date
officers · CH03
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-05