HIGHWIRE PROPERTIES LTD
🌳Matureactive
SC502480 · ltd · incorporated 2015-04-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£42.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -91% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 10.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £42,502
Cash draining
Cash down 91% YoY
Cash YoY
-91%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£404
↓ 91% YoY
Net Worth
£43k
↑ 64% YoY
Current Assets
£3k
↓ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £247.8k | £252.7k |
| Current assets | £2.9k | £4.3k |
| Cash | £404 | £4.3k |
| Debtors | £2.5k | — |
| Net assets | £42.5k | £25.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-11-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-26🔓Charge satisfied #2
- 2025-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2017-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2017-06-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-08-30🔒Charge registered #2Lender: Bank of Scotland PLC
- 2015-11-16🔒Charge registered #1Lender: Bank of Scotland PLC
- 2015-04-07🏢Company incorporatedAs HIGHWIRE PROPERTIES LTD
- 2015-04-07➕MCDONALD, Alan appointeddirector
- 2015-04-07➕STRACHEN, Allison appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Allison Strachen Individual · British · DOB 02/1962 · age 64 | 25–50% | — | 25-50% shares | 07/04/2016 |
Mr Alan Mcdonald Individual · British · DOB 12/1963 · age 63 | 25–50% | — | 25-50% shares | 07/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FIFE INNS (CUPAR) LIMITED→ SC118700 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| GALLOWHILL (COMMERCIAL) LIMITED→ SC815315 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GLENSHIRE HOSPITALITY LTD→ SC668114 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HANCOCK HOSPITALITY LTD→ SC865657 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HAWKSWOOD RESORT DEVELOPMENT LIMITED→ SC656585 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HEL'S CAFE LTD→ SC884213 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HH FOODS LTD→ SC859722 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HHM1 LTD→ SC859708 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HMK BUSINESS SOLUTIONS LTD→ SC640378 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| HOBZ BAKERY LIMITED→ SC732591 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HOLA! COFFEE LTD→ SC830988 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HONG JU LTD→ SC881839 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-04-07
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
73 Dunnikier Road
Kirkcaldy
KY1 2RL
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (2 active · 0 resigned)
MCDONALD, Alan→
Activedirector · ~63y · appointed 2015-04-07
View their other companies + combined net worth →
STRACHEN, Allison→
Activedirector · ~64y · appointed 2015-04-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/08/2016 | 26/11/2025 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 16/11/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-17
change-person-director-company-with-change-date
officers · CH01
2021-11-25
change-person-director-company-with-change-date
officers · CH01
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-04