KELTIC HOUSING LIMITED
🌳Matureactive
SC509557 · private-limited-guarant-nsc · incorporated 2015-06-29
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
£-43.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other residential care activities n.e.c.
Sector: Human health & social work
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
Confirmed no charges registered
85
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
3 connected companies via shared directors
54
Filing history
27 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £43,842
Net assets shrinking
Down £58,612 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£44k
↓ 397% YoY
Current Assets
£91k
↓ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-43.8k | £14.8k |
| Current assets | £91.3k | £116.1k |
| Net assets | £-43.8k | £14.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-07-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-02-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2015-06-29🏢Company incorporatedAs KELTIC HOUSING LIMITED
- 2015-06-29➕MCMILLAN, John Ewan appointeddirector
- 2015-06-29➕REYNOLDS, Michele 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 60 — 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
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Michele Reynolds Individual · British · DOB 09/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
Mr John Ewan Mcmillan Individual · Scottish · DOB 08/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Healthcare & medical · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LIFEWAYS COMMUNITY CARE (INVERNESS) LIMITED→ SC253251 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LLOYD GRIFFITHS LIMITED→ SC324462 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MORAY MEDICAL LIMITED→ SC762716 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| MORVEN INVERNESS LIMITED→ SC447005 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MOVE4WARD LTD→ SC587252 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| NESS FOOT CARE LTD→ SC856896 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NESSIE'S NURSERY LTD→ SC666796 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PHYSIO INVERNESS LIMITED→ SC454559 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| PHYSIONESS REHAB LTD→ SC638787 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| RED EYE INTEGRATED SERVICES LTD→ SC730709 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| RHINDSDALE HOUSE LIMITED→ SC433984 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| RK LUXEGLOW MEDICAL AESTHETICS LTD→ SC845328 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Typeprivate-limited-guarant-nsc
Incorporated2015-06-29
Jurisdictionscotland
Primary SIC87900 — Other residential care activities n.e.c.
Registered office
10 View Place
Inverness
IV2 4SA
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29
Officers (2 active · 0 resigned)
MCMILLAN, John Ewan→
Activedirector · ~60y · appointed 2015-06-29
View their other companies + combined net worth →
REYNOLDS, Michele→
Activedirector · ~60y · appointed 2015-06-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-02
change-person-director-company-with-change-date
officers · CH01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-19