CAIRNGORM HOTEL LIMITED

🌳Matureactive
SC137744 · ltd · incorporated 1992-04-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 30.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 30.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (72/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 7 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

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

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees47

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 confirmation-statement
  • 1 accounts
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
  1. 2026-04-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-09-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-04-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2025-03-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-03-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-03-26
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC (Trading as Virgin Money)
  7. 2025-03-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2025-03-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-03-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-03-25
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2025-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-03-21
    DRUMMOND, Richard William appointed
    director
  16. 2025-03-21
    ERASMUS, Jonathan Paul appointed
    director
  17. 2025-03-21
    WELHAM, Raymond Keith resigned
    secretary
  18. 2025-03-21
    STEINLE, Jane resigned
    director
  19. 2025-03-21
    WELHAM, Raymond Keith resigned
    director
  20. 2025-03-21
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC (Trading as Virgin Money)
  21. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2024-05-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2024-05-24
    🔓
    Charge satisfied #2
  24. 2024-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2024-03-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2024-03-21
    🔓
    Charge satisfied #1
  27. 2023-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2022-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2020-06-20
    🔓
    Charge satisfied #3
  31. 2004-12-06
    STEINLE, Jane appointed
    director
  32. 2004-11-27
    STEINLE, Peter resigned
    director
  33. 2002-02-01
    WELHAM, Raymond Keith appointed
    secretary
  34. 2000-11-22
    FOSTER, June Diane resigned
    secretary
  35. 2000-11-22
    FOSTER, June Diane resigned
    director
  36. 1998-03-20
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  37. 1996-02-05
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 1996-01-24
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  39. 1996-01-17
    STEINLE, Peter appointed
    director
  40. 1995-03-20
    FOSTER, June Diane appointed
    secretary
  41. 1995-03-20
    WATSON, David John resigned
    secretary
  42. 1995-03-20
    FOSTER, June Diane appointed
    director
  43. 1995-03-20
    WATSON, David John resigned
    director
  44. 1993-11-14
    KUMAR, Pramod resigned
    secretary
  45. 1993-11-14
    WATSON, David John appointed
    secretary
  46. 1992-04-22
    KUMAR, Pramod appointed
    secretary
  47. 1992-04-22
    MD SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  48. 1992-04-22
    WATSON, David John appointed
    director
  49. 1992-04-22
    WELHAM, Raymond Keith appointed
    director
  50. 1992-04-22
    MD DIRECTORS LIMITED resigned
    corporate-nominee-director
Showing most recent 50 of 53 events

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-04-08: certificate-change-of-name-company

Group structure

Turas Hotels Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Turas Hotels Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CAIRNGORM HOTEL LIMITED
This company · SC137744

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
Turas Hotels Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/03/2025
1 historic (ceased) PSC
  • Mr Raymond Keith Welhamceased 21/03/2025· significant influence

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

8 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
Incorporated1992-04-10
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

113 Atholl Road
Pitlochry
Perthshire
PH16 5AG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (2 active · 11 resigned)

DRUMMOND, Richard William
director · ~66y · appointed 2025-03-21
View their other companies + combined net worth →
Active
ERASMUS, Jonathan Paul
director · ~53y · appointed 2025-03-21
View their other companies + combined net worth →
Active
FOSTER, June Diane
secretary · appointed 1995-03-20 · resigned 2000-11-22
Resigned
KUMAR, Pramod
secretary · appointed 1992-04-22 · resigned 1993-11-14
Resigned
WATSON, David John
secretary · appointed 1993-11-14 · resigned 1995-03-20
Resigned
WELHAM, Raymond Keith
secretary · appointed 2002-02-01 · resigned 2025-03-21
Resigned
MD SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1992-04-10 · resigned 1992-04-22
Resigned
FOSTER, June Diane
director · ~79y · appointed 1995-03-20 · resigned 2000-11-22
Resigned
STEINLE, Jane
director · ~75y · appointed 2004-12-06 · resigned 2025-03-21
Resigned
STEINLE, Peter
director · ~75y · appointed 1996-01-17 · resigned 2004-11-27
Resigned
WATSON, David John
director · ~72y · appointed 1992-04-22 · resigned 1995-03-20
Resigned
WELHAM, Raymond Keith
director · ~81y · appointed 1992-04-22 · resigned 2025-03-21
Resigned
MD DIRECTORS LIMITED
corporate-nominee-director · appointed 1992-04-10 · resigned 1992-04-22
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money)
A registered charge1 property26/03/2025
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money)
A registered charge21/03/2025
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property20/03/199820/06/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/02/199624/05/2024
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property24/01/199621/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-small
accounts · AA
2026-04-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
certificate-change-of-name-company
change-of-name · CERTNM
2025-04-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-25
termination-director-company-with-name-termination-date
officers · TM01
2025-03-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-25
termination-director-company-with-name-termination-date
officers · TM01
2025-03-25
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25