H2 HOLDINGS LIMITED
🏛️Establishedactive
SC544204 · ltd · incorporated 2016-08-31
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£179.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. 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 -73% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 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
2 connected companies via shared directors
51
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £179,198
Cash draining
Cash down 73% YoY
Cash YoY
-73%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£19k
↓ 73% YoY
Net Worth
£179k
↑ 10% YoY
Current Assets
£19k
↓ 73% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £459.2k | £426.4k |
| Current assets | £19.4k | £72.8k |
| Cash | £19.4k | £72.8k |
| Net assets | £179.2k | £162.8k |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-20📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2016-08-31🏢Company incorporatedAs H2 HOLDINGS LIMITED
- 2016-08-31➕HUGHES, Simon appointeddirector
- 2016-08-31➕HUGHES, Tanja 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 |
|---|---|---|---|---|
Mrs Tanja Hughes Individual · British · DOB 09/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/08/2016 |
Mr Simon Hughes Individual · British · DOB 04/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/08/2016 |
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 · Hospitality · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FAITHS CAFE LIMITED→ SC858542 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| G SPICE AVIMORE LTD→ SC842722 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| GLENEAGLES HOTELS LIMITED→ SC097000 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| GOOD FOOD TAKEAWAY LIMITED→ SC825085 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GREAT GLEN STAYS LTD→ SC772628 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HAAR AT HOME LIMITED→ SC666182 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HERMANOS SWEETS LIMITED→ SC840058 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND APEX LTD→ SC875648 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND BASECAMP BISTRO LIMITED→ SC874811 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND BRIDGE LTD→ SC728680 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHLAND LOCHNESS HOSPITALITY MANAGEMENT LTD→ SC824240 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND MARQUEES LTD→ SC835693 · 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
Typeltd
Incorporated2016-08-31
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation
Registered office
Craigellachie House
Dalfaber Road
Aviemore
PH22 1PX
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19
Officers (2 active · 0 resigned)
HUGHES, Simon→
Activedirector · ~45y · appointed 2016-08-31
View their other companies + combined net worth →
HUGHES, Tanja→
Activedirector · ~45y · appointed 2016-08-31
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (34 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-22
change-person-director-company-with-change-date
officers · CH01
2025-10-21
change-person-director-company-with-change-date
officers · CH01
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-22
change-person-director-company-with-change-date
officers · CH01
2024-10-22
change-person-director-company-with-change-date
officers · CH01
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22