HILMER SCOTLAND 11 LIMITED

🌱Startupactive
SC823982 · ltd · incorporated 2024-09-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Apr 2025
Net worth
£-1.2k
book net assets
Opportunity
76/100
Strong
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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 65/100. 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: medium (73/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
8 filings
60
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 £1,239

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-30
Total assets£-1.2k
Debtors£544
Net assets£-1.2k

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 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-05-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-10-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  7. 2024-09-26
    🏢
    Company incorporated
    As HILMER SCOTLAND 11 LIMITED
  8. 2024-09-26
    GRENE, Cresten Vaupell appointed
    director
  9. 2024-09-26
    GRENE, Mikkel Vaupell appointed
    director
  10. 2024-09-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
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.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

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
ultimate parent
HILMER SCOTLAND 11 LIMITED
This company · SC823982

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%75-100% shares · 75-100% voting26/09/2024

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-09-26
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: 2026-10-07
Last: 2025-09-23

Officers (2 active · 0 resigned)

GRENE, Cresten Vaupell
director · ~59y · appointed 2024-09-26
View their other companies + combined net worth →
Active
GRENE, Mikkel Vaupell
director · ~54y · appointed 2024-09-26
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-05
dissolution-application-strike-off-company
dissolution · DS01
2026-04-28
accounts-with-accounts-type-small
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
change-person-director-company-with-change-date
officers · CH01
2025-04-10
change-person-director-company-with-change-date
officers · CH01
2025-04-10
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-07
incorporation-company
incorporation · NEWINC
2024-09-26