HIGHLAND LETS LTD
Opportunity 67/100 (strong), bankability 70/100. 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 (58/100).
Refinance opportunity
3 live charges · oldest 0.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 2 mortgage
Corporate timeline (12 events)Click to expand
- 2026-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-26🔒Charge registered #3Lender: Aldermore Bank PLC
- 2026-01-26🔒Charge registered #2Lender: Aldermore Bank PLC
- 2025-10-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-13🔒Charge registered #1Lender: Aldermore Bank PLC
- 2025-04-03📄capital-allotment-sharescapital · SH01
- 2025-02-13🏢Company incorporatedAs HIGHLAND LETS LTD
- 2025-02-13➕DOUGLAS, Garry Ewan appointeddirector
- 2025-02-13➕SIMMERS, Michael John appointeddirector
- 2025-02-13📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 1.2 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-01-26: A registered charge; 2026-01-26: A registered charge; 2025-08-13: A registered charge
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-10-27: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Simmers Individual · British · DOB 05/1988 · age 38 | 25–50% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/02/2025 |
Mr Garry Ewan Douglas Individual · British · DOB 01/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/02/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LAIK DEVELOPMENTS LTD→ SC799971 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LATHERON PROPERTIES (SCOTLAND) LIMITED→ SC458800 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LAWVINE DEVELOPMENTS LTD→ SC636310 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LET AND SALES LOGISTICS SERVICES LTD→ SC818191 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LEZE SCOT PROPERTY LTD→ SC813330 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LIONSTONES INVESTMENTS HOLDINGS LTD→ SC721921 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LITTLE BRAE PROPERTIES LTD→ SC713107 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LIVINDOWNY REAL ESTATE INVESTMENTS LTD→ SC760207 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 26/01/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 26/01/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 13/08/2025 | — |