HUB EAST CENTRAL (FORFAR) LIMITED

🌳Matureactive

SC494986 · ltd · incorporated 2015-01-13

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.1y 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

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 11.1y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 11.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (62/100)

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

No iXBRL financials extracted

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

20 officers (8 active, 20 linked, 19 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

24 connected companies via shared directors

Filing history

57 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2026-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-31
➕
BUSHNELL, Gary Richard appointed
director
2025-10-03
➖
CRAWFORD, Stephen resigned
director
2025-09-18
➕
FARQUHAR, Morag McKinnon appointed
director
2025-09-10
📄
accounts-with-accounts-type-small
accounts · AA
2025-04-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-15
➕
LOWE, Paul appointed
director
2024-12-12
➖
FLETCHER, Dylan resigned
director
2024-10-09
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-30
➖
HILL, Adrian James resigned
director
2024-08-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-01
➕
WHYTESIDE, Caroline Jane appointed
director
2024-06-28
➖
MACDONALD, David resigned
director
2024-06-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-08
➕
HILL, Adrian James appointed
director
2024-05-08
➖
ROBERTSON, Elliot Cardno resigned
director
2024-03-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-01
➕
HANN, Ruth Mairi appointed
director
2024-02-29
➖
GEMMELL, Nial Watson resigned
director
2023-09-19
📄
accounts-with-accounts-type-full
accounts · AA
2023-08-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-02
➕
PAUL, Alan Sutherland appointed
director
2023-04-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-31
➖
MULLEN, Ian Matthew resigned
director
2022-10-13
📄
accounts-with-accounts-type-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-03-10
➕
ROBERTSON, Elliot Cardno appointed
director
2020-12-18
➖
MCCORMICK, Neil St Clair resigned
director
2017-11-28
➕
GEMMELL, Nial Watson appointed
director
2017-07-25
➕
CRAWFORD, Stephen appointed
director
2017-07-25
➖
HOPE, John Alexander resigned
director
2017-07-25
➕
MACDONALD, David appointed
director
2017-07-25
➖
STEELE, Thomas, Professor resigned
director
2015-06-12
🔒
Charge registered #3
Lender: Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
2015-06-12
🔒
Charge registered #2
Lender: Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
2015-06-12
🔒
Charge registered #1
Lender: Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
2015-04-14
➕
MCCORMICK, Neil St Clair appointed
director
2015-03-31
➕
FLETCHER, Dylan appointed
director
2015-03-31
➖
JACK, Ronald Gilfillan resigned
director
2015-03-18
➖
FORDYCE, Alan Peter resigned
director
2015-01-14
➕
JACK, Ronald Gilfillan appointed
director
2015-01-13
🏢
Company incorporated
As HUB EAST CENTRAL (FORFAR) LIMITED

Showing most recent 50 of 56 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

55/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hub East Central (Forfar) Midco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Hub East Central (Forfar) Midco Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

HUB EAST CENTRAL (FORFAR) LIMITED

This company · SC494986

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
Hub East Central (Forfar) Midco Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

1 historic (ceased) PSC

Hub East Central (Forfar) Midco Ltdceased 06/04/2016· 75-100% shares · 75-100% voting · board control

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 · Construction · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FORSYTH OF DENNY LIMITED→ SC105626 · est 1987	£5.36M £3.83M–£6.89M	—	—	10900	38y	85	61y
OGILVIE CONSTRUCTION LIMITED→ SC069644 · est 1979	£3.01M £2.15M–£3.87M	—	—	146	46y	94	70y
JAMES STRANG LIMITED→ SC100720 · est 1986	£479.5k £342.5k–£616.5k	—	—	53	39y	88	64y
CONCEPT INSTALLATIONS ALLOA LTD→ SC719515 · est 2022	£48.5k £34.6k–£62.3k	£89.0k	—	100	4y	84	46y
SCA CARPENTRY & BUILDING SERVICES LTD→ SC771129 · est 2023	£35.3k £25.2k–£45.4k	£126.2k	—	200	3y	84	33y
CENTRAL DEMOLITION LIMITED→ SC172244 · est 1997	—	—	£8.08M	—	29y	83	60y
FES LIMITED→ SC053848 · est 1973 · no financials extracted	—	—	—	—	52y	83	84y
GBSS CIVIL ENGINEERING LTD→ SC357477 · est 2009	—	—	—	29	17y	83	59y
IMAGING SUPPLIES LIMITED→ SC176285 · est 1997	—	—	—	5	29y	83	58y
MCG RAIL LIMITED→ SC356959 · est 2009	—	—	—	300	17y	83	58y
R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→ SC063657 · est 1977	—	—	—	28	48y	83	59y
R.T.A. BUILDING & CONSTRUCTION CO. LIMITED→ SC177982 · est 1997	—	—	£247.9k	—	28y	83	60y

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🔒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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2015-01-13

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

Robertson House

Castle Business Park

Stirling

FK9 4TZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-26

Last: 2026-01-12