HERITAGE HOMES (SCOTLAND) LTD
🏛️Establishedactive
SC653498 · ltd · incorporated 2020-02-04
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 4.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · oldest 4.5y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (26 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2025-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-07📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2023-06-07📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2023-05-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2023-04-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-25🔒Charge registered #3Lender: Crossco (1437) Limited
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-21📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2023-02-21📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2023-02-17🔒Charge registered #2Lender: Crossco (1437) Limited
- 2022-10-13📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2022-09-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-20📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2022-01-21📄memorandum-articlesincorporation · MA
- 2022-01-13📄resolutionresolution · RESOLUTIONS
- 2021-12-22📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-11-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-03🔒Charge registered #1Lender: Crossco (1437) Limited
- 2020-02-04🏢Company incorporatedAs HERITAGE HOMES (SCOTLAND) LTD
- 2020-02-04➕KING, Johnathan Stirling appointeddirector
- 2020-02-04➕O'NEILL, Michael David appointeddirector
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- 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.)
Group structure
Crossco (1437) Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Crossco (1437) Limited
Corporate parent · holds 25-50% shares
⬇
HERITAGE HOMES (SCOTLAND) LTD
This company · SC653498
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Johnathan Stirling King Individual · British · DOB 02/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/02/2020 |
Crossco (1437) Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/02/2020 |
Michael David O'Neill Individual · British · DOB 12/1957 · age 69 | — | — | sig. influencesignificant influence | 04/02/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| GRAVITY ACCESS LTD→ SC824811 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| HEATSHIELD GASCARE LTD→ SC881388 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HILLFOOT HOMES (PROPERTY & DEVELOPMENT) LIMITED→ SC413714 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HORIZON (REINFORCING & CRANE HIRE) COMPANY LIMITED→ SC053010 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| HTR CONTRACTS LIMITED→ SC777123 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HUB EAST CENTRAL (FORFAR) LIMITED→ SC494986 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| HZKB LIMITED→ SC675526 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| I CLARK (JOINERY) LTD→ SC632036 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2020-02-04
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Unit 7 Unit 7
Birchwood Business Park
Doune
FK16 6ER
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (2 active · 0 resigned)
KING, Johnathan Stirling→
Activedirector · ~34y · appointed 2020-02-04
View their other companies + combined net worth →
O'NEILL, Michael David→
Activedirector · ~69y · appointed 2020-02-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Crossco (1437) Crossco (1437) Limited | A registered charge | 2 properties | 25/04/2023 | — | |
| outstanding | Crossco (1437) Crossco (1437) Limited | A registered charge | 1 property | 17/02/2023 | — | |
| outstanding | Crossco (1437) Crossco (1437) Limited | A registered charge | 1 property | 03/11/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2025-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2023-06-07
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2023-06-07
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2023-05-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-21
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2023-02-21