HEDGEHOG DEVELOPMENTS (SCOTLAND) LTD
🏛️Establishedactive
SC614174 · ltd · incorporated 2018-11-20
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£252.2k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 80/100. 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
4 live charges · oldest 6.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
4 charges (4/4 with lender, 4/4 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
1 connected companies via shared directors
48
Filing history
41 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
70/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £252,200
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£252k
↑ 22% YoY
Current Assets
£78k
↑ 1761% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £252.2k | £207.3k |
| Current assets | £78.4k | £4.2k |
| Net assets | £252.2k | £207.3k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-09-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-09🔓Charge satisfied #1
- 2022-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-27🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2022-07-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-26🔓Charge satisfied #3
- 2021-05-11🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2019-08-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2019-08-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2018-11-20🏢Company incorporatedAs HEDGEHOG DEVELOPMENTS (SCOTLAND) LTD
- 2018-11-20➕RENTON, Caroline appointeddirector
- 2018-11-20➕SKINNER, George Carswell appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 7 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Carswell Skinner Individual · British · DOB 05/1974 · age 52 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 20/11/2018 |
Ms Caroline Renton Individual · British · DOB 07/1976 · age 50 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 20/11/2018 |
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 · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLADSTONE PROPERTY SCOTLAND LTD→ SC557586 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| GLAMAIG SKYE LIMITED→ SC455335 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GP HOLDINGS (SCOTLAND) LIMITED→ SC662223 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GUIDI PROPERTY LIMITED→ SC723477 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HESLING INVESTMENTS LTD→ SC855202 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHFIELD PROPERTY SERVICES (INVERNESS) LTD→ SC717268 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHLAND BUSINESS SUITES LTD→ SC488315 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HIGHLAND LETTINGS LTD→ SC535535 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HUTCHISON DEVELOPMENT LTD→ SC857445 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ICM PROPERTIES SCOTLAND LTD→ SC689890 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| IMS MANAGMENT LTD→ SC849383 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| IN VIDA PROPERTIES LTD→ SC834552 · 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
Incorporated2018-11-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
9 Dunan
Broadford
Isle Of Skye
IV49 9AJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27
Officers (2 active · 0 resigned)
RENTON, Caroline→
Activedirector · ~50y · appointed 2018-11-20
View their other companies + combined net worth →
SKINNER, George Carswell→
Activedirector · ~52y · appointed 2018-11-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 27/07/2022 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/05/2021 | 26/07/2022 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/08/2019 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 03/08/2019 | 09/08/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
change-person-director-company-with-change-date
officers · CH01
2025-09-11
change-person-director-company-with-change-date
officers · CH01
2025-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-11
change-person-director-company-with-change-date
officers · CH01
2024-09-03
change-person-director-company-with-change-date
officers · CH01
2024-09-03
change-person-director-company-with-change-date
officers · CH01
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-03