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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.9y old — refinance window within 12 months
🔒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 10.9y

65/100
clean up first

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

  • · Oldest live charge is 10.9 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
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
20 officers (8 active, 20 linked, 19 with DOB)
89
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
26 connected companies via shared directors
90
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
  1. 2026-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-12-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-10-31
    BUSHNELL, Gary Richard appointed
    director
  5. 2025-10-03
    CRAWFORD, Stephen resigned
    director
  6. 2025-09-18
    FARQUHAR, Morag McKinnon appointed
    director
  7. 2025-09-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2025-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-01-15
    LOWE, Paul appointed
    director
  12. 2024-12-12
    FLETCHER, Dylan resigned
    director
  13. 2024-10-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2024-09-30
    HILL, Adrian James resigned
    director
  15. 2024-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-07-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-07-01
    WHYTESIDE, Caroline Jane appointed
    director
  18. 2024-06-28
    MACDONALD, David resigned
    director
  19. 2024-06-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2024-06-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2024-06-08
    HILL, Adrian James appointed
    director
  22. 2024-05-08
    ROBERTSON, Elliot Cardno resigned
    director
  23. 2024-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2024-03-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2024-03-01
    HANN, Ruth Mairi appointed
    director
  26. 2024-02-29
    GEMMELL, Nial Watson resigned
    director
  27. 2023-09-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2023-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2023-08-02
    PAUL, Alan Sutherland appointed
    director
  30. 2023-04-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2023-03-31
    MULLEN, Ian Matthew resigned
    director
  32. 2022-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2021-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  34. 2021-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2021-03-10
    ROBERTSON, Elliot Cardno appointed
    director
  36. 2020-12-18
    MCCORMICK, Neil St Clair resigned
    director
  37. 2017-11-28
    GEMMELL, Nial Watson appointed
    director
  38. 2017-07-25
    CRAWFORD, Stephen appointed
    director
  39. 2017-07-25
    HOPE, John Alexander resigned
    director
  40. 2017-07-25
    MACDONALD, David appointed
    director
  41. 2017-07-25
    STEELE, Thomas, Professor resigned
    director
  42. 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)
  43. 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)
  44. 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)
  45. 2015-04-14
    MCCORMICK, Neil St Clair appointed
    director
  46. 2015-03-31
    FLETCHER, Dylan appointed
    director
  47. 2015-03-31
    JACK, Ronald Gilfillan resigned
    director
  48. 2015-03-18
    FORDYCE, Alan Peter resigned
    director
  49. 2015-01-14
    JACK, Ronald Gilfillan appointed
    director
  50. 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%
NameSharesVoting rightsNature of controlNotified
Hub East Central (Forfar) Midco Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
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 →

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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
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

Officers (8 active · 12 resigned)

AMBER BLUE EAST CENTRAL LIMITED
corporate-secretary · appointed 2015-01-13
View their other companies + combined net worth →
Active
BUSHNELL, Gary Richard
director · ~56y · appointed 2025-10-31
View their other companies + combined net worth →
Active
COOK, Allan Cameron
director · ~54y · appointed 2015-01-13
View their other companies + combined net worth →
Active
FARQUHAR, Morag McKinnon
director · ~62y · appointed 2025-09-18
View their other companies + combined net worth →
Active
HANN, Ruth Mairi
director · ~46y · appointed 2024-03-01
View their other companies + combined net worth →
Active
LOWE, Paul
director · ~54y · appointed 2025-01-15
View their other companies + combined net worth →
Active
PAUL, Alan Sutherland
director · ~61y · appointed 2023-08-02
View their other companies + combined net worth →
Active
WHYTESIDE, Caroline Jane
director · ~63y · appointed 2024-07-01
View their other companies + combined net worth →
Active
CRAWFORD, Stephen
director · ~60y · appointed 2017-07-25 · resigned 2025-10-03
Resigned
FLETCHER, Dylan
director · ~55y · appointed 2015-03-31 · resigned 2024-12-12
Resigned
FORDYCE, Alan Peter
director · ~59y · appointed 2015-01-13 · resigned 2015-03-18
Resigned
GEMMELL, Nial Watson
director · ~58y · appointed 2017-11-28 · resigned 2024-02-29
Resigned
HILL, Adrian James
director · ~52y · appointed 2024-06-08 · resigned 2024-09-30
Resigned
HOPE, John Alexander
director · ~69y · appointed 2015-01-13 · resigned 2017-07-25
Resigned
JACK, Ronald Gilfillan
director · ~71y · appointed 2015-01-14 · resigned 2015-03-31
Resigned
MACDONALD, David
director · ~65y · appointed 2017-07-25 · resigned 2024-06-28
Resigned
MCCORMICK, Neil St Clair
director · ~59y · appointed 2015-04-14 · resigned 2020-12-18
Resigned
MULLEN, Ian Matthew
director · ~80y · appointed 2015-01-13 · resigned 2023-03-31
Resigned
ROBERTSON, Elliot Cardno
director · ~53y · appointed 2021-03-10 · resigned 2024-05-08
Resigned
STEELE, Thomas, Professor
director · ~61y · appointed 2015-01-13 · resigned 2017-07-25
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge2 properties12/06/2015
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge12/06/2015
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge12/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (57 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
appoint-person-director-company-with-name-date
officers · AP01
2025-12-09
termination-director-company-with-name-termination-date
officers · TM01
2025-12-03
accounts-with-accounts-type-small
accounts · AA
2025-09-10
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
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-full
accounts · AA
2024-10-09
appoint-person-director-company-with-name-date
officers · AP01
2024-08-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-19
appoint-person-director-company-with-name-date
officers · AP01
2024-06-12
termination-director-company-with-name-termination-date
officers · TM01
2024-06-11
appoint-person-director-company-with-name-date
officers · AP01
2024-03-14