HAIR UNION SQUARE LIMITED

🌳Matureactive
SC503037 · ltd · incorporated 2015-04-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2024
Net worth
£-128.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.2y

85/100
ready

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

  • · Oldest live charge is 9.2 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
1 charges (1/1 with lender, 1/1 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
4 connected companies via shared directors
57
Filing history
26 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £128,564

Key financials

1 year extracted from filed iXBRL accounts
Cash
£97k
Net Worth
-£129k
Current Assets
£164k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-04-30
Total assets£-88.6k
Current assets£163.6k
Cash£97.1k
Debtors£42.8k
Net assets£-128.6k

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

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-11-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-01-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-11-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2017-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-03-06
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  15. 2017-01-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-04-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-04-10
    🏢
    Company incorporated
    As HAIR UNION SQUARE LIMITED
  18. 2015-04-10
    ➕
    HARKINS, Audrey appointed
    secretary
  19. 2015-04-10
    ➕
    HARKINS, Audrey appointed
    director
  20. 2015-04-10
    ➕
    HARKINS, Philip Hugh appointed
    director

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +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 67. 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Philip Hugh Harkins
Individual · British · DOB 09/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Audrey Harkins
Individual · British · DOB 03/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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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 →
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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
Incorporated2015-04-10
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

31 Upper Level Mall
Union Square
Aberdeen
AB11 5RG
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (3 active · 0 resigned)

HARKINS, Audrey→
secretary · appointed 2015-04-10
View their other companies + combined net worth →
Active
HARKINS, Audrey→
director · ~65y · appointed 2015-04-10
View their other companies + combined net worth →
Active
HARKINS, Philip Hugh→
director · ~67y · appointed 2015-04-10
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—06/03/2017—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-03