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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.4y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active 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 9.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.4 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 accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
0
filings
Last 180 days
3
filings
  • • 2 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-09
    ➖
    MORTON, Claire Frances resigned
    director
  4. 2026-02-09
    ➖
    MORTON, Graeme John resigned
    director
  5. 2025-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-02-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-02-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-02-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-02-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2022-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-04-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2021-04-01
    ➕
    MORTON, Linda Kathryn appointed
    director
  22. 2021-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2017-02-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2017-01-10
    ➕
    MORTON, Claire Frances appointed
    director
  25. 2017-01-10
    ➕
    MORTON, Graeme John appointed
    director
  26. 2014-02-18
    🏢
    Company incorporated
    As MORTON'S (PITLOCHRY) LTD
  27. 2014-02-18
    ➕
    MORTON, Donald Hugh appointed
    director

Owner dependency

96/100
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.
  • +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 candidate

Strong 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
medium

Multiple 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
NameSharesVoting rightsNature of controlNotified
Mrs Linda Kathryn Morton
Individual · British · DOB 07/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting01/02/2017
Mr Donald Hugh Morton
Individual · British · DOB 09/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting01/02/2017

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 →

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———360022y8364y
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———223y8359y
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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
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→
director · ~70y · appointed 2014-02-18
View their other companies + combined net worth →
Active
MORTON, Linda Kathryn→
director · ~69y · appointed 2021-04-01
View their other companies + combined net worth →
Active
MORTON, Claire Frances→
director · ~41y · appointed 2017-01-10 · resigned 2026-02-09
Resigned
MORTON, Graeme John→
director · ~45y · appointed 2017-01-10 · resigned 2026-02-09
Resigned

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
TypeProperties
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