HIGHLAND GAME LIMITED

📉Decliningactive
SC179833 · ltd · incorporated 1997-10-21
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
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 10130
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (78/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 28.3y

50/100
clean up first

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

  • · Oldest live charge is 28.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £113,468

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£113.5k£208.3k
Average employees968300

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 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-10
    NISSEN, Hans Henrik resigned
    director
  4. 2024-12-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2023-12-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-10-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-04-01
    DALRYMPLE, Joanne, Dr appointed
    director
  8. 2023-04-01
    SOUTAR, David Michael appointed
    director
  9. 2023-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2023-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-10-21
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  13. 2022-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-11-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2021-11-01
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  19. 2021-11-01
    🔓
    Charge satisfied #3
  20. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-01-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2014-04-25
    🔓
    Charge satisfied #2
  24. 2012-03-14
    THORNTONS LAW LLP resigned
    corporate-secretary
  25. 2010-11-05
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  26. 2004-11-30
    THORNTONS WS resigned
    corporate-secretary
  27. 1998-04-26
    NISSEN, Hans Henrik appointed
    director
  28. 1998-01-05
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  29. 1997-12-23
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 1997-10-24
    NISSEN, Christian appointed
    director
  31. 1997-10-24
    HUTCHESON, Iain Henderson resigned
    director
  32. 1997-10-21
    🏢
    Company incorporated
    As HIGHLAND GAME LIMITED
  33. 1997-10-21
    THORNTONS WS appointed
    corporate-secretary
  34. 1997-10-21
    HUTCHESON, Iain Henderson appointed
    director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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 ·
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.

Group structure

Highland Food Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Highland Food Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
HIGHLAND GAME LIMITED
This company · SC179833

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
Highland Food Group Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 · Food & drink · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AIMERS COFFEE AND TEA LTD
SC242232 · est 2003
£1.00M
£739.2k£1.27M
2623y8272y
DUNDEE COLD STORES LIMITED
SC314713 · est 2007
£10.89M19y8388y
FALCONERS FAMILY BUTCHERS LIMITED
SC202873 · est 2000
£179.9k26y8265y
GOODFELLOWS OF DUNDEE LTD
SC029972 · est 1954
1170072y8283y
JAMES MCLAREN & SON (BAKERS) LIMITED
SC214218 · est 2000
£21.4k25y8265y
MURRAY MCGREGOR LIMITED
SC354639 · est 2009
017y8071y
COFFEE SOURCE LIMITED
SC275004 · est 2004
121y7972y
GREENHILL PRODUCE LIMITED
SC528328 · est 2016
£2.42M10y7972y
DISTILLUTIONS LTD
SC575133 · est 2017 · no financials extracted
8y
FERNS CAKES LTD
SC662562 · est 2020 · no financials extracted
5y
GIN BOTHY LIMITED
SC501575 · est 2015 · no financials extracted
11y
KEPTIE BAKERY LIMITED
SC288804 · est 2005 · no financials extracted
20y
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
Typeltd
Incorporated1997-10-21
Jurisdictionscotland
Primary SIC10130 — SIC 10130

Registered office

Baird Avenue
Dryburgh Industrial Estate
Dundee
DD2 3TN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (3 active · 4 resigned)

DALRYMPLE, Joanne, Dr
director · ~55y · appointed 2023-04-01
View their other companies + combined net worth →
Active
NISSEN, Christian
director · ~55y · appointed 1997-10-24
View their other companies + combined net worth →
Active
SOUTAR, David Michael
director · ~62y · appointed 2023-04-01
View their other companies + combined net worth →
Active
THORNTONS LAW LLP
corporate-secretary · resigned 2012-03-14
Resigned
THORNTONS WS
corporate-secretary · appointed 1997-10-21 · resigned 2004-11-30
Resigned
HUTCHESON, Iain Henderson
director · ~64y · appointed 1997-10-21 · resigned 1997-10-24
Resigned
NISSEN, Hans Henrik
director · ~84y · appointed 1998-04-26 · resigned 2025-11-10
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property01/11/2021
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property05/11/201001/11/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/01/199825/04/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property23/12/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

accounts-with-accounts-type-full
accounts · AA
2025-12-18
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-full
accounts · AA
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-full
accounts · AA
2023-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-17
change-person-director-company-with-change-date
officers · CH01
2023-10-16
appoint-person-director-company-with-name-date
officers · AP01
2023-04-01
appoint-person-director-company-with-name-date
officers · AP01
2023-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
change-sail-address-company-with-old-address-new-address
address · AD02
2022-10-21
change-person-director-company-with-change-date
officers · CH01
2022-10-21
change-person-director-company-with-change-date
officers · CH01
2022-10-21