HHA2 LLP
💤Zombieactive
SO304104 · llp · incorporated 2012-10-04
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
—
not disclosed
Net worth
—
book net assets
Opportunity
66/100
Strong
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 66/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
47 live charges · 6 lenders · oldest 13.2y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.2 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
47 charges (47/47 with lender, 47/47 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
126 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (112 events)Click to expand
- 2026-03-30📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-01-07📄accounts-with-accounts-type-smallaccounts · AA
- 2025-04-14📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-09-27📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-15📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-19📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-10-31📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-13📄mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-08-06📄mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-08-06📄mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-08-06📄mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-04-26📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-03-16🔓Charge satisfied #31
- 2022-03-16🔓Charge satisfied #30
- 2022-03-16🔓Charge satisfied #29
- 2022-03-16🔓Charge satisfied #28
- 2022-03-16🔓Charge satisfied #27
- 2022-03-16🔓Charge satisfied #26
- 2022-03-16🔓Charge satisfied #25
- 2022-03-16🔓Charge satisfied #24
- 2022-03-16🔓Charge satisfied #23
- 2022-03-16🔓Charge satisfied #22
- 2022-03-16🔓Charge satisfied #21
- 2022-03-16🔓Charge satisfied #20
- 2022-03-16🔓Charge satisfied #10
- 2022-03-16🔓Charge satisfied #9
- 2022-03-16🔓Charge satisfied #8
- 2022-03-16🔓Charge satisfied #7
- 2022-03-16🔓Charge satisfied #4
- 2022-03-16🔓Charge satisfied #6
- 2022-03-16🔓Charge satisfied #5
- 2022-03-16🔓Charge satisfied #3
- 2022-03-16🔓Charge satisfied #2
- 2021-04-08🔒Charge registered #47Lender: Highland Housing Alliance
- 2021-04-08🔒Charge registered #46Lender: Highland Housing Alliance
- 2021-04-08🔒Charge registered #45Lender: Highland Housing Alliance
- 2021-04-08🔒Charge registered #44Lender: Highland Housing Alliance
Showing most recent 50 of 112 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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.
16 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Highland Housing Alliance holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Highland Housing Alliance
Corporate parent
⬇
HHA2 LLP
This company · SO304104
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Highland Housing Alliance Corporate entity | — | 25–50% | sig. influence25-50% voting · significant influence · firm interest | 06/04/2016 |
The Highland Council Individual | — | 25–50% | sig. influence25-50% voting · significant influence · firm interest | 06/04/2016 |
1 historic (ceased) PSC
- Scottish Futures Trust Investments Limitedceased 29/03/2021· 25-50% voting · significant influence · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEYS ESTATE LLP→ SO303096 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MCM INVESTMENT HOUSE LLP→ SO300076 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| MIDDLE WAY RESOURCES LP→ SL032666 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MORAY FIRE & SECURITY LTD→ SC838359 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| NATURAL RESONANCE LIMITED→ SC271719 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| NORD L.P.→ SL018201 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| NORTH EAST FINANCIAL PLANNING LTD→ SC494982 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| NORTHPIX LIMITED→ SC423360 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| NUENG TECHNICAL SOLUTIONS LTD.→ SC714884 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NWTOAQ LTD→ SC772311 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| OCEAN PIPELAY LTD→ SC592439 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| OPERTECH LTD→ SC424144 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Typellp
Incorporated2012-10-04
Jurisdictionscotland
Primary SIC—
Registered office
28 Queensgate
Inverness
IV1 1DJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30
Officers (2 active · 3 resigned)
HIGHLAND HOUSING ALLIANCE→
Activecorporate-llp-designated-member · appointed 2013-02-19
View their other companies + combined net worth →
THE HIGHLAND COUNCIL→
Activecorporate-llp-designated-member · appointed 2013-02-19
View their other companies + combined net worth →
MATHESON, Gail Gillian→
Resignedllp-designated-member · ~55y · appointed 2012-10-23 · resigned 2012-11-23
SCOTTISH FUTURES TRUST INVESTMENTS LIMITED→
Resignedcorporate-llp-designated-member · appointed 2012-10-04 · resigned 2021-03-29
SCOTTISH FUTURES TRUST LIMITED→
Resignedcorporate-llp-designated-member · appointed 2012-10-04 · resigned 2013-02-19
Click a director name to see their full track record across all companies.
Mortgages & charges
47
Total charges
16
Outstanding
4
Active lenders
Status:Lender:47 of 47 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Highland Housing Alliance | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | Highland Housing Alliance | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | Highland Housing Alliance | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | Highland Housing Alliance | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | The Scottish Ministers | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | The Scottish Ministers | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | The Scottish Ministers | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | The Scottish Ministers | A registered charge | 1 property | 08/04/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/04/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/04/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/04/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/04/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Agent) | A registered charge | 1 property | 30/03/2021 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Agent) | A registered charge | — | 30/03/2021 | — | |
| outstanding | Highland Housing Alliance | A registered charge | 1 property | 30/03/2021 | — | |
| outstanding | Scottish Ministers | A registered charge | — | 30/03/2021 | — | |
| satisfied | The Highland Council | A registered charge | 1 property | 05/05/2017 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 05/05/2017 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 10/08/2016 | 16/03/2022 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 14/01/2016 | 29/03/2021 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 12/01/2016 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 02/11/2015 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 02/11/2015 | 29/03/2021 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 29/09/2015 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 28/09/2015 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 28/09/2015 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 21/04/2015 | 29/03/2021 | |
| satisfied | The Highland Council | A registered charge | 1 property | 21/04/2015 | 29/03/2021 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 27/02/2014 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 27/02/2014 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 27/02/2014 | 16/03/2022 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 29/04/2013 | 16/03/2022 | |
| satisfied | The Scottish Ministers | A registered charge | 1 property | 29/04/2013 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 24/04/2013 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 24/04/2013 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 24/04/2013 | 16/03/2022 | |
| satisfied | The Highland Council | A registered charge | 1 property | 24/04/2013 | 16/03/2022 | |
| satisfied | The Highland Council | Assignation in security | 1 property | 19/02/2013 | 01/04/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (126 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-03-30
accounts-with-accounts-type-small
accounts · AA
2026-01-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-04-14
accounts-with-accounts-type-small
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-04-15
accounts-with-accounts-type-small
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-04-19
accounts-with-accounts-type-small
accounts · AA
2022-10-31
mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-08-13
mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-08-06
mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-08-06
mortgage-create-with-deed-with-court-order-extend-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-08-06
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-04-26
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2022-03-16
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2022-03-16