HILMER SCOTLAND 4 LIMITED

🌿Early-stageactive
SC768950 · ltd · incorporated 2023-05-11
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£-29.4k
book net assets
Opportunity
76/100
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 retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (84/100)

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 (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £29,388
Cash YoY
+1519%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£81k
↑ 1519% YoY
Net Worth
-£29k
↓ 278% YoY
Current Assets
£799k
↑ 8228% YoY
Current Liabilities
-£29k£136k£302k£468k£633k£799kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£14.6k£-7.8k
Current assets£799.1k£9.6k
Cash£80.9k£5.0k
Debtors£533.1k£4.6k
Net assets£-29.4k£-7.8k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-04-05
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2024-03-22
    ERIKSEN, Bjørn Bach resigned
    director
  9. 2024-03-22
    LUNDGAARD, Martin Kofoed resigned
    director
  10. 2023-10-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-05-11
    🏢
    Company incorporated
    As HILMER SCOTLAND 4 LIMITED
  12. 2023-05-11
    GRENE, Cresten Vaupell appointed
    director
  13. 2023-05-11
    GRENE, Mikkel Vaupell appointed
    director
  14. 2023-05-11
    ERIKSEN, Bjørn Bach appointed
    director
  15. 2023-05-11
    LUNDGAARD, Martin Kofoed appointed
    director
  16. 2023-05-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

Hilmer (Northern Ireland) Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hilmer (Northern Ireland) Holding Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HILMER SCOTLAND 4 LIMITED
This company · SC768950

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
Hilmer (Northern Ireland) Holding Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/05/2023

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 · Retail · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
H&H TRADING (SCOTLAND) LTD
SC700742 · est 2021 · no financials extracted
4y
HENNAHUB LIMITED
SC869949 · est 2025 · no financials extracted
HERITAGE 54 LIMITED
SC596925 · est 2018 · no financials extracted
7y
HERITAGE PETVOUR LTD
SC862860 · est 2025 · no financials extracted
HIGHLAND MEDICAL SUPPLY LIMITED
SC727295 · est 2022 · no financials extracted
4y
HIGHLAND ROSE MELTS LTD
SC801000 · est 2024 · no financials extracted
2y
HILMER SCOTLAND 5 LIMITED
SC768955 · est 2023 · no financials extracted
2y
HILMER SCOTLAND 6 LIMITED
SC785463 · est 2023 · no financials extracted
2y
HIYA PAL LTD
SC790894 · est 2023 · no financials extracted
2y
HK DIGITAL SOLUTIONS LIMITED
SC876713 · est 2026 · no financials extracted
HK ECONOMIC & TRADE LIMITED
SC836269 · est 2025 · no financials extracted
1y
HK GLOBAL SOLUTIONS LIMITED
SC833862 · est 2025 · no financials extracted
1y
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
Incorporated2023-05-11
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

C/O Dwf Company Secretarial Sevices Limited Sentinel Building
103 Waterloo Street
Glasgow
G2 7BW
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-24
Last: 2025-05-10

Officers (2 active · 2 resigned)

GRENE, Cresten Vaupell
director · ~59y · appointed 2023-05-11
View their other companies + combined net worth →
Active
GRENE, Mikkel Vaupell
director · ~54y · appointed 2023-05-11
View their other companies + combined net worth →
Active
ERIKSEN, Bjørn Bach
director · ~46y · appointed 2023-05-11 · resigned 2024-03-22
Resigned
LUNDGAARD, Martin Kofoed
director · ~57y · appointed 2023-05-11 · resigned 2024-03-22
Resigned

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

Recent filings (11 total)

accounts-with-accounts-type-small
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
change-person-director-company-with-change-date
officers · CH01
2025-04-10
change-person-director-company-with-change-date
officers · CH01
2025-04-10
accounts-with-accounts-type-small
accounts · AA
2024-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
termination-director-company-with-name-termination-date
officers · TM01
2024-04-16
termination-director-company-with-name-termination-date
officers · TM01
2024-04-16
change-account-reference-date-company-current-shortened
accounts · AA01
2024-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-16
incorporation-company
incorporation · NEWINC
2023-05-11