MORTON'S (PITLOCHRY) LTD
🌳Matureactive
SC470242 · ltd · incorporated 2014-02-18
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 9.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
PursueActive trading company with a 70-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 9.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-02-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-09➖MORTON, Claire Frances resigneddirector
- 2026-02-09➖MORTON, Graeme John resigneddirector
- 2025-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-01➕MORTON, Linda Kathryn appointeddirector
- 2021-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2017-01-10➕MORTON, Claire Frances appointeddirector
- 2017-01-10➕MORTON, Graeme John appointeddirector
- 2014-02-18🏢Company incorporatedAs MORTON'S (PITLOCHRY) LTD
- 2014-02-18➕MORTON, Donald Hugh appointeddirector
Owner dependency
96/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "MORTON" — strong identity link between founder and business.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 12 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
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MORTON, Claire Frances resigned 2026-02-09; MORTON, Graeme John resigned 2026-02-09
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Linda Kathryn Morton Individual · British · DOB 07/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2017 |
Mr Donald Hugh Morton Individual · British · DOB 09/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2017 |
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 · Hospitality · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LOCH RANNOCH HIGHLAND CLUB LTD→ SC640740 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LOCH SHIEL HOTEL (ACHARACLE) LIMITED→ SC448548 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| M&A FOODS (PERTH) LIMITED→ SC824248 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MIKE & LENA SINGER LTD→ SC408898 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| NAE LIMITS CAFE LTD→ SC777619 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| NEVIS RANGE DEVELOPMENT COMPANY LIMITED→ SC113211 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| PERTH RACECOURSE LIMITED→ SC744882 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PONDFAULD HOLIDAYS LIMITED→ SC256885 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| QUAICH HOTELS LIMITED→ SC379717 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| REDFOX HOSPITALITY LIMITED→ SC673326 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| REFORM FOOD SCOT LTD→ SC839383 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RESTBITE LIMITED→ SC135434 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
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
Incorporated2014-02-18
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation
Registered office
4 Sandy Gunn Road
Auchterarder
Perthshire
PH3 1LF
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (2 active · 2 resigned)
MORTON, Donald Hugh→
Activedirector · ~70y · appointed 2014-02-18
View their other companies + combined net worth →
MORTON, Linda Kathryn→
Activedirector · ~69y · appointed 2021-04-01
View their other companies + combined net worth →
MORTON, Claire Frances→
Resigneddirector · ~41y · appointed 2017-01-10 · resigned 2026-02-09
MORTON, Graeme John→
Resigneddirector · ~45y · appointed 2017-01-10 · resigned 2026-02-09
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 27/02/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
termination-director-company-with-name-termination-date
officers · TM01
2026-02-16
termination-director-company-with-name-termination-date
officers · TM01
2026-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
change-person-director-company-with-change-date
officers · CH01
2024-02-16
change-person-director-company-with-change-date
officers · CH01
2024-02-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-13