HARRIS DEVELOPMENT LIMITED

🌳Matureactive

SC150737 · private-limited-guarant-nsc · incorporated 1994-05-06

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 15.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£15.0k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 15.2y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 15.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (74/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

73 officers (6 active, 73 linked, 67 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

8 connected companies via shared directors

Filing history

205 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £15,049

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£15k

↑ 136% YoY

Current Assets

£138k

↑ 64% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£1.11M	£1.12M
Current assets	£137.8k	£83.9k
Net assets	£15.0k	£-41.7k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (159 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-13
➕
MACLEAN, Neil appointed
director
2024-10-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-13
➖
MORRISON, Lena resigned
director
2024-09-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-17
➕
MORRISON, Lena appointed
director
2024-07-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-05
➖
MACKAY, Barbara Mary resigned
director
2024-07-05
➖
MITCHELL, John Graham resigned
director
2024-07-05
➖
MORRISON, James Stewart resigned
director
2024-07-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-01
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-25
📄
gazette-notice-compulsory
gazette · GAZ1
2023-03-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-22
➖
MACKINNON, Alasdair Donald resigned
secretary
2017-02-22
➖
MACKINNON, Alasdair Donald resigned
director
2016-05-04
➕
MACLEOD, Kenneth Morrison appointed
director
2016-05-04
➕
MORRISON, James Stewart appointed
director
2016-04-20
➕
MITCHELL, John Graham appointed
director
2015-05-07
➖
MACLEOD, Angie John resigned
director
2015-04-14
➖
HALL, Malcolm Henry resigned
director
2014-09-02
➕
MACLEOD, Angie John appointed
director
2014-02-25
➕
CAMPBELL, Angus appointed
director
2014-02-25
➕
MACDONALD, Gordon Hutchison appointed
director
2014-02-25
➕
MACLEOD, Angus John appointed
director
2014-02-25
➕
MACKINNON, Alasdair Donald appointed
secretary
2014-02-25
➖
FURNIS, John resigned
director
2014-02-25
➖
MACLEOD, Morag resigned
director
2014-02-25
➖
MUNRO, Morag resigned
director
2014-02-25
➖
ROSS, Alan Angus resigned
director
2012-05-31
➖
MORRISON, Roderick Norman resigned
director
2012-02-20
➖
CARREY, Richard Arrol resigned
director
2012-02-20
➖
MORRISON, Anna Louise resigned
director
2012-02-13
➖
MACLEOD, Katie Mary resigned
secretary
2011-10-04
➖
MORRISON, Kenneth resigned
director
2011-01-31
➕
WILLIAMS, Margarita appointed
director
2011-01-31
➖
CAMPBELL, Neil resigned
director
2011-01-31
➕
CARREY, Richard Arrol appointed
director
2011-01-31
➕
FURNIS, John appointed
director
2011-01-31
➖
MACAULAY, John Mackinnon resigned
director
2011-01-31
➖
MACDONALD, Kenneth resigned
director

Showing most recent 50 of 159 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

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 77 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒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 · Trade services · HS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ARCHIBALD MACRAE LIMITED→ SC545622 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BARVAS AND BRUE COMMUNITY CENTRE→ SC232119 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
BAYS OF HARRIS CHARITABLE TRUST→ SC220031 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
BODY & SOLE (STORNOWAY) LTD→ SC291132 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
BORRISDALE TWEED LTD→ SC446595 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
BREACAN TRAINING LIMITED→ SC204620 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
DONNY'S CLEANING SERVICES LTD→ SC826298 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GALSON ESTATE (TRADING) LIMITED→ SC351453 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
GMD FACILITIES LIMITED→ SC723023 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
GULFXSTREAM LIMITED→ SC197010 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
HARRIS VOLUNTARY SERVICE→ SC197773 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
HEBFENCE LTD→ SC849400 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated1994-05-06

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

Isle Of Harris Marina Down By The Quay

Tarbert

Isle Of Harris

Eilean Siar

HS3 3DJ

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-20

Last: 2025-05-06