HERA HOMES SCOTLAND LTD
💤Zombieactive
SC706645 · ltd · incorporated 2021-08-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£-69.7k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
11 live charges · 5 lenders · oldest 3.8y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.8 years — mid-life; refi window approaching.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
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)Negative net assets
Liabilities exceed assets by £69,721
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£70k
↓ 26% YoY
Current Assets
£51k
↑ 263% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £-69.0k | £-54.5k |
| Current assets | £51.2k | £14.1k |
| Net assets | £-69.7k | £-55.2k |
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
2
filings
- • 1 accounts
- • 1 mortgage
Last 90 days
2
filings
- • 1 accounts
- • 1 mortgage
Last 180 days
2
filings
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-15🔒Charge registered #11Lender: Leeds Building Society
- 2025-05-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-18🔒Charge registered #10Lender: Together Commercial Finance Limited
- 2024-12-17🔒Charge registered #9Lender: Paratus Amc Limited
- 2024-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-13🔒Charge registered #8Lender: Together Commercial Finance Limited
- 2024-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-12🔓Charge satisfied #6
- 2024-11-12🔓Charge satisfied #4
- 2024-11-12🔓Charge satisfied #3
- 2024-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-17🔒Charge registered #7Lender: Lendinvest Btl Limited
- 2024-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2024-07-01🔒Charge registered #5Lender: Paratus Amc Limited
- 2024-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-03🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2023-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-24🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2023-05-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-03🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2022-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-01🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2021-08-13🏢Company incorporatedAs HERA HOMES SCOTLAND LTD
- 2021-08-13➕MARSHAM, Ross Eric appointeddirector
- 2021-08-13📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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.
8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Eric Marsham Individual · British · DOB 11/1994 · age 32 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/08/2021 |
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 · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORT PROPERTY LTD→ SC552065 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| FPA HOUSING LTD→ SC766607 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GREENLEAF PROP CO LIMITED→ SC611005 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GRO COFFEE BARS LIMITED→ SC845594 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| H&K HOTELS GROUP LIMITED→ SC737312 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| H&R MILESTONE PROPERTY LTD→ SC738381 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HALF FULL DEVELOPMENTS LTD.→ SC270066 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| HIGHCLIFF PROPERTY LIMITED→ SC608698 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HIGHFORD HOMES LIMITED→ SC755531 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HIGHLAND ESTATE CARE LTD→ SC825625 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HILLEND ENTERPRISES LIMITED→ SC414843 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| HLC AYRSHIRE PROPERTY INVESTMENTS LTD→ SC847475 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2021-08-13
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
51 Knoxville Road
Kilbirnie
North Ayrshire
KA25 7ED
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (1 active · 0 resigned)
MARSHAM, Ross Eric→
Activedirector · ~32y · appointed 2021-08-13
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
8
Outstanding
5
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Leeds Building Society | A registered charge | 1 property | 15/04/2026 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 18/12/2024 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 17/12/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 13/11/2024 | — | |
| outstanding | LendInvest Lendinvest Btl Limited | A registered charge | 1 property | 17/09/2024 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 03/07/2024 | 12/11/2024 | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 01/07/2024 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 03/11/2023 | 12/11/2024 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | — | 24/10/2023 | 12/11/2024 | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 03/11/2022 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 01/07/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (23 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-22