HIVE SPACES LIMITED

🏛️Establishedactive
SC683903 · ltd · incorporated 2020-12-17
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 Mar 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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 (65/100).

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees4400

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
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2022-11-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2022-11-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-11-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2021-12-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-12-14
    HOWLETT, Gregory appointed
    director
  16. 2021-12-14
    NISBET, Lawrie Clive appointed
    director
  17. 2021-12-14
    NISBET, Rodger Hume appointed
    director
  18. 2021-12-14
    ANDERSON, Keith Thomas resigned
    director
  19. 2020-12-17
    🏢
    Company incorporated
    As HIVE SPACES LIMITED
  20. 2020-12-17
    ANDERSON, Keith Thomas appointed
    director
  21. 2020-12-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Vespa Industria Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Vespa Industria Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HIVE SPACES LIMITED
This company · SC683903

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Vespa Industria Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/12/2021
1 historic (ceased) PSC
  • Vlx Nominees Limitedceased 14/12/2021· 75-100% shares · 75-100% voting · board control

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HIGHLAND & UNIVERSAL LAND LIMITED
SC533900 · est 2016 · no financials extracted
9y
HIGHLAND CENTRE LTD.
SC265245 · est 2004 · no financials extracted
22y
HIGHLAND HABITAT LIMITED
SC826958 · est 2024 · no financials extracted
1y
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
SC222303 · est 2001 · no financials extracted
24y
HIGHLANDER (SCOTLAND) PROPERTIES LIMITED
SC469412 · est 2014 · no financials extracted
12y
HILLEND VALLEY HOMES LTD
SC872197 · est 2025 · no financials extracted
HMZY PROPERTIES LTD
SC822277 · est 2024 · no financials extracted
1y
HNE CONSULTANTS LTD
SC705970 · est 2021 · no financials extracted
4y
HNL INVESTMENT PROPERTIES LTD
SC717833 · est 2021 · no financials extracted
4y
HNV PROPERTY LETTINGS LIMITED
SC825755 · est 2024 · no financials extracted
1y
HOLBURN PROPERTY GROUP LTD.
SC407775 · est 2011 · no financials extracted
14y
HOLDFAST PROPERTY LTD
SC687080 · est 2021 · no financials extracted
5y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2020-12-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

19 Rutland Square
Edinburgh
EH1 2BB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (3 active · 1 resigned)

HOWLETT, Gregory
director · ~70y · appointed 2021-12-14
View their other companies + combined net worth →
Active
NISBET, Lawrie Clive
director · ~65y · appointed 2021-12-14
View their other companies + combined net worth →
Active
NISBET, Rodger Hume
director · ~59y · appointed 2021-12-14
View their other companies + combined net worth →
Active
ANDERSON, Keith Thomas
director · ~69y · appointed 2020-12-17 · resigned 2021-12-14
Resigned

Click a director name to see their full track record across all companies.

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
change-account-reference-date-company-previous-extended
accounts · AA01
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-16
gazette-notice-compulsory
gazette · GAZ1
2022-11-15
accounts-with-accounts-type-dormant
accounts · AA
2022-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-12-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-12-17