THE TAVERN FORTROSE LIMITED

🌳Matureactive
SC488368 · ltd · incorporated 2014-10-07
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 11.6y 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 Jan 2025
Net worth
£32.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (65/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 11.6y

85/100
ready

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

  • · Oldest live charge is 11.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £32,589

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£33k
Current Assets
£171k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-31
Total assets£168.8k
Current assets£171.4k
Net assets£32.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-11-12
    🔓
    Charge satisfied #1
  3. 2025-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-07-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-07-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2015-11-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2015-11-07
    🔓
    Charge satisfied #2
  18. 2015-11-03
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 2015-01-21
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2014-11-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2014-10-07
    🏢
    Company incorporated
    As THE TAVERN FORTROSE LIMITED
  22. 2014-10-07
    ➕
    MACGREGOR, Hazel Mary appointed
    secretary
  23. 2014-10-07
    ➕
    MACGREGOR, Jacqueline Elizabeth appointed
    director
  24. 2014-10-07
    ➕
    MACGREGOR, James Iain appointed
    director

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Iain Macgregor
Individual · British · DOB 04/1964 · age 62
50–75%
—50-75% shares07/04/2016
Mrs Jacqueline Elizabeth Macgregor
Individual · British · DOB 04/1962 · age 64
25–50%
—25-50% shares07/04/2016

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 →

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SKIBO LIMITED→
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——29336y8264y
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SC295539 · est 2006
——£1.43M—20y8371y
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——£55.0k—30y8388y
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——£200.2k—24y8393y
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——£959.8k—27y8385y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2014-10-07
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

The Lookout The Lookout
Canonbury Terrace
Fortrose
Ross-Shire
IV10 8TU
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (3 active · 0 resigned)

MACGREGOR, Hazel Mary→
secretary · appointed 2014-10-07
View their other companies + combined net worth →
Active
MACGREGOR, Jacqueline Elizabeth→
director · ~64y · appointed 2014-10-07
View their other companies + combined net worth →
Active
MACGREGOR, James Iain→
director · ~62y · appointed 2014-10-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/11/2015—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property21/01/201507/11/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—29/11/201412/11/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

mortgage-satisfy-charge-full
mortgage · MR04
2025-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-27
change-account-reference-date-company-previous-extended
accounts · AA01
2025-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-19