MCGOWAN HIGHLAND PROPERTIES LTD

🏛️Establishedactive
SC559303 · ltd · incorporated 2017-03-02
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£1.16M
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 85/100. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 7.1y

85/100
ready

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

  • · Oldest live charge is 7.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,163,671

Key financials

2 years extracted from filed iXBRL accounts
Cash
£139k
Net Worth
£1.2m
↑ 158% YoY
Current Assets
£417k
↓ 37% YoY
Current Liabilities
£0£233k£465k£698k£931k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.16M£454.9k
Current assets£416.9k£658.3k
Cash£139.4k
Debtors£277.5k
Net assets£1.16M£450.8k

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
0
filings
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-08-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-08-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-08-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-11-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-11-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2024-11-28
    MCGOWAN, Emma Audrey appointed
    director
  11. 2024-11-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2024-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-10-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2024-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2024-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2023-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-06-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  20. 2022-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-07-24
    🔓
    Charge satisfied #1
  22. 2019-04-05
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  23. 2017-03-02
    🏢
    Company incorporated
    As MCGOWAN HIGHLAND PROPERTIES LTD
  24. 2017-03-02
    MCGOWAN, Ross Alan Foster appointed
    director

Owner dependency

86/100
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 name in company name: Company name contains director surname "MCGOWAN" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 med · 1 low
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-11-29: certificate-change-of-name-company; 2024-11-20: certificate-change-of-name-company

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ross Alan Foster Mcgowan
Individual · British · DOB 01/1983 · age 43
75100%
75–100%75-100% shares · 75-100% voting02/03/2017

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

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
Incorporated2017-03-02
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Knox House
Coldwells Road
Crieff
PH7 4BB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (2 active · 0 resigned)

MCGOWAN, Emma Audrey
director · ~41y · appointed 2024-11-28
View their other companies + combined net worth →
Active
MCGOWAN, Ross Alan Foster
director · ~43y · appointed 2017-03-02
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
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge05/04/201924/07/2019

Recent filings (36 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-06
change-person-director-company-with-change-date
officers · CH01
2025-08-06
change-person-director-company-with-change-date
officers · CH01
2025-08-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-05
appoint-person-director-company-with-name-date
officers · AP01
2024-11-29
certificate-change-of-name-company
change-of-name · CERTNM
2024-11-29
certificate-change-of-name-company
change-of-name · CERTNM
2024-11-20
change-person-director-company-with-change-date
officers · CH01
2024-10-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-29