QUIET SCOTSMAN LTD
Operating as a pub or bar in Edinburgh, this Scottish hospitality business likely serves alcohol and food to customers on a day-to-day basis, though recent compulsory strike-off filings and director changes suggest it may be dormant or facing closure.
Opportunity 57/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 3.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · 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.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2022-08-31 | 2021-08-31 |
|---|---|---|
| Total assets | £36.7k | — |
| Current assets | £242.0k | — |
| Cash | £83.0k | — |
| Debtors | £126.7k | — |
| Net assets | £1 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
Corporate timeline (35 events)Click to expand
- 2024-05-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-04-30📄gazette-notice-compulsorygazette · GAZ1
- 2024-01-09➕PENMAN, Kevin Mark appointeddirector
- 2024-01-09➖MCNALLY, Daniel Martin resigneddirector
- 2024-01-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-22➖MCNALLY, Finbarr Patrick resigneddirector
- 2022-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-10🔒Charge registered #1Lender: Tennent Caledonian Breweries Wholesale Limited
- 2022-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-13📄resolutionresolution · RESOLUTIONS
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-02-01➖MCAREAVEY, John Owen resigneddirector
- 2017-02-01➖MCDONALD, Ian James resigneddirector
- 2016-08-23➕MCNALLY, Daniel Martin appointeddirector
- 2016-08-23➕MCNALLY, Finbarr Patrick appointeddirector
- 2016-03-01➕MCDONALD, Ian James appointeddirector
- 2016-01-31➖ROUTLEDGE, Gavin resignedsecretary
- 2016-01-31➖PETERSON, Gordon Laurence resigneddirector
- 2016-01-31➖ROUTLEDGE, Gavin Malcolm resigneddirector
- 2011-08-20➕MCAREAVEY, John Owen appointeddirector
- 2011-02-11🏢Company incorporatedAs QUIET SCOTSMAN LTD
- 2011-02-11➕ROUTLEDGE, Gavin appointedsecretary
- 2011-02-11➕PETERSON, Gordon Laurence appointeddirector
- 2011-02-11➕ROUTLEDGE, Gavin Malcolm appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-05-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-02-25
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Mark Penman Individual · British · DOB 11/1971 · age 55 | — | — | sig. influencesignificant influence | 09/01/2024 |
1 historic (ceased) PSC
- Mr Daniel Martin Mcnallyceased 09/01/2024· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OMNI TAVERNS LTD.→ SC307655 · est 2006 | £2.84M £2.13M–£3.55M | — | — | 8600 | 19y | 87 | 60y |
| ADJUSTLIGHT LIMITED→ SC139599 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 58y |
| ARCHERFIELD HOUSE HOTEL MANAGEMENT LIMITED→ SC272735 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 79y |
| COURT HOTEL SUITES LIMITED→ SC373209 · est 2010 | — | — | £553.1k | — | 16y | 83 | 64y |
| DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009 | — | — | £254.5k | — | 17y | 83 | 58y |
| ELITE HOTELS LIMITED→ SC103199 · est 1987 | — | — | — | 0 | 39y | 83 | 76y |
| J J BEAM LIMITED→ SC132477 · est 1991 | — | — | — | 18 | 34y | 83 | 74y |
| MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 61y |
| SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000 | — | — | — | 83 | 25y | 83 | 63y |
| SCOTS GUARDS ASSOCIATION CLUB, LIMITED→ SC013223 · est 1924 | — | — | — | 6 | 101y | 83 | 80y |
| STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 59y |
| SWS (GLASGOW ROAD) LIMITED→ SC335054 · est 2007 | — | — | — | 2200 | 18y | 83 | 61y |
10 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 →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
Registered office
Filing status
Officers (1 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | — | 10/10/2022 | — |