HIGHLAND INDUSTRIES LIMITED
💤Zombieactive
SC113613 · ltd · incorporated 1988-09-30
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
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueDormant / non-trading with a 74-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 32.4y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 0 | 0 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-10-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-03-31➖TORRANCE, Andrew resigneddirector
- 2015-12-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-26📄accounts-with-accounts-type-smallaccounts · AA
- 2015-07-30➕BANKIER, Ian Patrick appointedsecretary
- 2015-07-30➖SERVICE, Catherine Elizabeth resignedsecretary
- 2015-07-30📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-07-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2011-12-09➕TORRANCE, Andrew appointeddirector
- 2011-06-28➖SEMPLE, Peter Kelvin resigneddirector
- 2004-03-05🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2004-02-06🔓Charge satisfied #1
- 2004-02-02➕BANKIER, Ian Patrick appointeddirector
- 2004-02-02➖BUTLER, Kenneth James resignedsecretary
- 2004-02-02➖CANTLAY, Michael Brian resignedsecretary
- 2004-02-02➕SERVICE, Catherine Elizabeth appointedsecretary
- 2004-02-02➖CANTLAY, Michael Brian resigneddirector
- 2004-02-02➕SEMPLE, Peter Kelvin appointeddirector
- 2001-12-15➕BUTLER, Kenneth James appointedsecretary
- 2001-12-11➖CANTLAY, Alan resigneddirector
- 1997-05-01🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1994-04-15🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1993-11-15🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1988-09-30🏢Company incorporatedAs HIGHLAND INDUSTRIES LIMITED
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Patrick Bankier Individual · British · DOB 03/1952 · age 74 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 · Holding company · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVIEMORE KART RACEWAY HOLDINGS LIMITED→ SC685465 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| B KNIGHT HOLDINGS LTD→ SC689198 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BARBOUR SHOPFITTERS LIMITED→ SC238404 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BATH GIANT HOLDINGS LIMITED→ SC787852 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BD HOLDINGS (SCOTLAND) LIMITED→ SC882424 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BDL PROPERTY GROUP LIMITED→ SC557848 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BEAUCHAMP BELMONT LTD→ SC874783 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BEC INDUSTRIES LTD→ SC788896 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEN TAIB INDUSTRIES LIMITED→ SC877701 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BEST COMMERCIAL LTD→ SC845455 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BIG THINK HOLDINGS LIMITED→ SC770147 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BILLINGTONS PROPERTIES LTD→ SC482992 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated1988-09-30
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Suite 2 (Ground Rear) Melisa House
3 Brand Place Brand Street
Glasgow
G51 1DR
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03
Officers (2 active · 7 resigned)
BANKIER, Ian Patrick→
Activesecretary · appointed 2015-07-30
View their other companies + combined net worth →
BANKIER, Ian Patrick→
Activedirector · ~74y · appointed 2004-02-02
View their other companies + combined net worth →
BUTLER, Kenneth James→
Resignedsecretary · appointed 2001-12-15 · resigned 2004-02-02
CANTLAY, Michael Brian→
Resignedsecretary · resigned 2004-02-02
SERVICE, Catherine Elizabeth→
Resignedsecretary · appointed 2004-02-02 · resigned 2015-07-30
CANTLAY, Alan→
Resigneddirector · ~97y · resigned 2001-12-11
CANTLAY, Michael Brian→
Resigneddirector · ~62y · resigned 2004-02-02
SEMPLE, Peter Kelvin→
Resigneddirector · ~56y · appointed 2004-02-02 · resigned 2011-06-28
TORRANCE, Andrew→
Resigneddirector · ~47y · appointed 2011-12-09 · resigned 2016-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 05/03/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/05/1997 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 15/04/1994 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 15/11/1993 | 06/02/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (115 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-dormant
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-dormant
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-dormant
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-dormant
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-dormant
accounts · AA
2021-10-26
accounts-with-accounts-type-dormant
accounts · AA
2021-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-03
accounts-with-accounts-type-dormant
accounts · AA
2019-09-11
accounts-with-accounts-type-dormant
accounts · AA
2018-12-17