MACDONALD HOTELS DEVELOPMENTS LIMITED

🌳Matureactive

SC471026 · ltd · incorporated 2014-02-26

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£1

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Hotels and similar accommodation

Sector: Accommodation & food service

Investor take

Pursue

Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 11.7y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 11.7 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

9 officers (2 active, 9 linked, 8 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£1

~ YoY

Current Assets

£3.9m

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-26	2023-09-28
Total assets	£1	£1
Current assets	£3.87M	£3.87M
Net assets	£1	£1

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

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2025-06-20
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-15
📄
change-person-director-company-with-change-date
officers · CH01
2025-05-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-26
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-26
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-26
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-26
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-26
🔓
Charge satisfied #5
2023-07-26
🔓
Charge satisfied #4
2023-07-26
🔓
Charge satisfied #2
2023-07-26
🔓
Charge satisfied #1
2023-06-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-05
➖
CARTER, Phil resigned
director
2022-10-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-24
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-21
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-20
➕
GILLIES, Hugh appointed
director
2022-06-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-19
➕
FRASER, Robert Gordon appointed
director
2022-01-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-01-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-07
➕
CARTER, Phil appointed
director
2022-01-07
➖
FALLS, Aaron Peter resigned
director
2021-09-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-19
➕
FALLS, Aaron Peter appointed
director
2021-05-19
➖
FRASER, Robert Gordon resigned
director
2020-09-24
🔓
Charge satisfied #3
2020-08-24
🔒
Charge registered #5
Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Appended to This MR01)
2020-08-24
🔒
Charge registered #4
Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Appended to This MR01)
2019-05-31
➖
MCBURNIE, Jason resigned
director
2017-02-17
➕
MCBURNIE, Jason appointed
director
2015-05-12
🔒
Charge registered #3
Lender: Bank of Scotland PLC as Security Trustee
2014-09-04
🔒
Charge registered #2
Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
2014-09-03
🔒
Charge registered #1
Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
2014-07-10
➖
DM COMPANY SERVICES LIMITED resigned
corporate-secretary
2014-07-10
➕
FRASER, Robert Gordon appointed
director
2014-07-10
➖
GILCHRIST, Ewan Caldwell resigned
director
2014-07-10
➕
NICOLSON, Andrew Alexander appointed
director
2014-07-10
➖
NICOLSON, Andrew Alexander resigned
director
2014-02-26
🏢
Company incorporated
As MACDONALD HOTELS DEVELOPMENTS LIMITED
2014-02-26
➕
DM COMPANY SERVICES LIMITED appointed
corporate-secretary
2014-02-26
➕
GILCHRIST, Ewan Caldwell appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

56/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Macdonald Hotels Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Macdonald Hotels Investments Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

MACDONALD HOTELS DEVELOPMENTS LIMITED

This company · SC471026

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Macdonald Hotels Investments Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Hospitality · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAFE ANDALUZ RESTAURANTS LIMITED→ SC390599 · est 2010	£8.71M £6.53M–£10.88M	—	—	298	15y	87	67y
ENOTECA SCOTLAND LIMITED→ SC327283 · est 2007	£8.47M £6.35M–£10.59M	—	—	213	18y	83	67y
AN CLACHAN CAFE LIMITED→ SC313545 · est 2006	—	—	£45.0k	—	19y	83	59y
CRAIGENDMUIR LIMITED→ SC258280 · est 2003	—	—	£1.34M	—	22y	83	60y
D'ARCY'S (GLASGOW) LIMITED→ SC264250 · est 2004 · no financials extracted	—	—	—	—	22y	83	64y
DANNY'S SNACKS LIMITED→ SC338593 · est 2008 · no financials extracted	—	—	—	—	18y	83	65y
DIXON ARMS (GLENROTHES) LIMITED→ SC325347 · est 2007 · no financials extracted	—	—	—	—	18y	83	64y
JOHN MACLAREN AND SONS LIMITED→ SC291419 · est 2005	—	—	£6.6k	—	20y	83	72y
KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP→ SC133036 · est 1991 · no financials extracted	—	—	—	—	34y	83	87y
LA LANTERNA GLASGOW LTD→ SC274833 · est 2004	—	—	—	32	21y	83	60y
LATHONES CARAVAN COMPANY LIMITED→ SC078119 · est 1982	—	—	—	0	44y	83	68y
MATTHEW'S FOODS (SCOTLAND) LIMITED→ SC210734 · est 2000	—	—	£1.81M	—	25y	83	59y

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

Incorporated2014-02-26

Jurisdictionscotland

Primary SIC55100 — Hotels and similar accommodation

Registered office

Crutherland House And Spa

Strathaven Road

East Kilbride

G75 0QJ

United Kingdom

Filing status

Accounts

Next due: 2026-06-27

Last made up to: 2024-09-26

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31

Officers (2 active · 7 resigned)

FRASER, Robert Gordon→

director · ~69y · appointed 2022-01-19

View their other companies + combined net worth →

Active

GILLIES, Hugh→

director · ~34y · appointed 2022-10-20

View their other companies + combined net worth →

Active

DM COMPANY SERVICES LIMITED→

corporate-secretary · appointed 2014-02-26 · resigned 2014-07-10

Resigned

CARTER, Phil→

director · ~41y · appointed 2022-01-07 · resigned 2022-12-05

Resigned

FALLS, Aaron Peter→

director · ~47y · appointed 2021-05-19 · resigned 2022-01-07

Resigned

FRASER, Robert Gordon→

director · ~69y · appointed 2014-07-10 · resigned 2021-05-19

Resigned

GILCHRIST, Ewan Caldwell→

director · ~57y · appointed 2014-02-26 · resigned 2014-07-10

Resigned

MCBURNIE, Jason→

director · ~48y · appointed 2017-02-17 · resigned 2019-05-31

Resigned

NICOLSON, Andrew Alexander→

director · ~50y · appointed 2014-07-10 · resigned 2014-07-10

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
satisfied	Lloyds Banking Group Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Appended to This MR01)	A registered charge	1 property	24/08/2020	26/07/2023
satisfied	Lloyds Banking Group Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Appended to This MR01)	A registered charge	—	24/08/2020	26/07/2023
satisfied	Lloyds Banking Group Bank of Scotland PLC as Security Trustee	A registered charge	1 property	12/05/2015	24/09/2020
satisfied	Lloyds Banking Group Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)	A registered charge	1 property	04/09/2014	26/07/2023
satisfied	Lloyds Banking Group Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)	A registered charge	1 property	03/09/2014	26/07/2023

Recent filings (65 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-07

change-person-director-company-with-change-date

officers · CH01

2025-06-20

accounts-with-accounts-type-micro-entity

accounts · AA

2025-06-19

change-person-director-company-with-change-date

officers · CH01

2025-05-15

change-person-director-company-with-change-date

officers · CH01

2025-05-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-10

accounts-with-accounts-type-micro-entity

accounts · AA

2024-09-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-10-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-07-26

mortgage-satisfy-charge-full

mortgage · MR04

2023-07-26

mortgage-satisfy-charge-full

mortgage · MR04

2023-07-26

mortgage-satisfy-charge-full

mortgage · MR04

2023-07-26

accounts-with-accounts-type-micro-entity

accounts · AA

2023-06-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-31