HIGHLAND SMOKED SALMON (SCOTLAND) LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 5 lenders · oldest 35.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 35.2 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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
Corporate timeline (54 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-03📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-24📄accounts-with-accounts-type-fullaccounts · AA
- 2020-06-22📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-01📄accounts-with-accounts-type-fullaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-fullaccounts · AA
- 2017-07-03📄accounts-with-accounts-type-mediumaccounts · AA
- 2016-07-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2016-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2016-05-27📄accounts-with-accounts-type-mediumaccounts · AA
- 2016-05-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-08-13➖KEARNEY, Simon resigneddirector
- 2015-05-13📄accounts-with-accounts-type-mediumaccounts · AA
- 2015-04-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-03➕SEMPLE, Colin appointeddirector
- 2010-03-17🔒Charge registered #8Lender: Lloyds Tsb Scotland PLC
- 2010-01-14🔓Charge satisfied #6
- 2008-11-11🔓Charge satisfied #5
- 2007-12-20🔒Charge registered #7Lender: Lloyds Tsb Scotland PLC
- 2007-03-05➕KEARNEY, Simon appointeddirector
- 2006-01-27➕PARSONS, Timothy John appointedsecretary
- 2006-01-27➕OATES, Timothy Richard appointeddirector
- 2006-01-27➕PARSONS, Timothy John appointeddirector
- 2006-01-27➖PARSONS, Ralph Andrew resignedsecretary
- 2006-01-27➖PARSONS, Ralph Andrew resigneddirector
- 2006-01-11🔓Charge satisfied #4
- 2005-06-08🔓Charge satisfied #1
- 2005-06-01🔓Charge satisfied #3
- 2004-10-11🔓Charge satisfied #2
- 2004-06-11🔒Charge registered #6Lender: The Royal Bank of Scotland Commercial Services Limited
- 2004-06-04🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2002-05-30➖HENDERSON, Elizabeth resignedsecretary
- 2002-05-30➕PARSONS, Ralph Andrew appointedsecretary
- 2002-05-30➖MCLEAN, Mairi resigneddirector
- 2002-05-30➕PARSONS, Ralph Andrew appointeddirector
- 2002-05-30➖RITCHIE, Douglas resigneddirector
- 1999-03-30➕RITCHIE, Douglas appointeddirector
- 1998-01-22🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1995-05-11🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1994-08-12➕HENDERSON, Elizabeth appointeddirector
- 1992-02-10➖MCLEAN, Danny resignedsecretary
- 1991-05-14🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1991-02-25🔒Charge registered #1Lender: Highlands and Islands Development Board
- 1990-08-01➕MCLEAN, Danny appointedsecretary
- 1990-04-12🏢Company incorporatedAs HIGHLAND SMOKED SALMON (SCOTLAND) LIMITED
- 1990-04-12➕HENDERSON, Elizabeth appointedsecretary
- 1990-04-12➕REID, Brian appointednominee-secretary
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Highland Smoked Salmon (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Highland Smoked Salmon (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2016 |
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
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6 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 (5 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 17/03/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 20/12/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Floating charge | 1 property | 11/06/2004 | 14/01/2010 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 04/06/2004 | 11/11/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/01/1998 | 11/01/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/05/1995 | 01/06/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 14/05/1991 | 11/10/2004 | |
| satisfied | Highlands and Islands Development Board | Floating charge | 1 property | 25/02/1991 | 08/06/2005 |