HILLSPIRE PROPERTY LTD
🌱Startupactive
SC811353 · ltd · incorporated 2024-05-22
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 65/100 (strong), bankability 47/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 1.5y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.5 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 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
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 |
|---|---|
| Average employees | 2 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
7
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Last 180 days
7
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-04-20📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-04🔒Charge registered #5Lender: Apf Spv 1 Limited
- 2025-08-04🔒Charge registered #4Lender: Apf Spv 1 Limited
- 2025-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-04🔒Charge registered #3Lender: Chetwood Financial Limited, Trading as Modamortgages
- 2024-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-12🔒Charge registered #2Lender: Charles Street Commercial Investments Limited
- 2024-11-12🔒Charge registered #1Lender: Charles Street Commercial Investments Limited
- 2024-08-06📄memorandum-articlesincorporation · MA
- 2024-08-06📄resolutionresolution · RESOLUTIONS
- 2024-07-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-29📄capital-allotment-sharescapital · SH01
- 2024-05-22🏢Company incorporatedAs HILLSPIRE PROPERTY LTD
- 2024-05-22➕HILL, Andrew appointeddirector
- 2024-05-22➕HILL, Eilidh appointeddirector
- 2024-05-22📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "HILL" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.0 years old — management layer unlikely to be developed.
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 low3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-08-04: A registered charge; 2025-08-04: A registered charge; 2025-07-04: A registered charge
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Eilidh Hill Individual · Scottish · DOB 07/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/05/2024 |
Mr Andrew Hill Individual · Scottish · DOB 03/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/05/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 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
9 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
Incorporated2024-05-22
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
C/O Dains Accountants
30 Miller Road
Ayr
Ayrshire
KA7 2AY
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21
Officers (2 active · 0 resigned)
HILL, Andrew→
Activedirector · ~45y · appointed 2024-05-22
View their other companies + combined net worth →
HILL, Eilidh→
Activedirector · ~44y · appointed 2024-05-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Apf Spv 1 Apf Spv 1 Limited | A registered charge | 1 property | 04/08/2025 | — | |
| outstanding | Apf Spv 1 Apf Spv 1 Limited | A registered charge | 1 property | 04/08/2025 | — | |
| outstanding | Chetwood Financial , Trading as Modamortgages Chetwood Financial Limited, Trading as Modamortgages | A registered charge | 1 property | 04/07/2025 | — | |
| outstanding | Charles Street Commercial Investments Charles Street Commercial Investments Limited | A registered charge | — | 12/11/2024 | — | |
| outstanding | Charles Street Commercial Investments Charles Street Commercial Investments Limited | A registered charge | 1 property | 12/11/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-12
change-person-director-company-with-change-date
officers · CH01
2026-03-12
change-person-director-company-with-change-date
officers · CH01
2026-03-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-12
memorandum-articles
incorporation · MA
2024-08-06
resolution
resolution · RESOLUTIONS
2024-08-06