HEATHERLEA (SCOTLAND) LTD.

🌳Matureactive

SC214912 · ltd · incorporated 2001-01-18

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Tour operator activities

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 24.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 24.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

8 officers (3 active, 8 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

83 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-03-31	2024-03-31
Average employees	1400	1600

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2025-07-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-10
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-10
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-01
➕
MCBRIDE, Emma Carolyn appointed
secretary
2024-01-01
➕
WARREN, Fleur appointed
director
2023-12-31
➖
SHAW, Kevin Francis resigned
secretary
2023-12-31
➖
SHAW, Kevin Francis resigned
director
2023-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
📄
capital-alter-shares-subdivision
capital · SH02
2023-07-11
📄
resolution
resolution · RESOLUTIONS
2022-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-12
📄
memorandum-articles
incorporation · MA
2021-07-12
📄
resolution
resolution · RESOLUTIONS
2021-07-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-07-05
🔒
Charge registered #6
Lender: Kevin Francis Shaw
2021-06-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-06-11
🔓
Charge satisfied #5
2021-06-02
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-01
➕
MCBRIDE, Emma Carolyn appointed
director
2021-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-14
🔓
Charge satisfied #1
2019-04-26
🔓
Charge satisfied #4
2019-04-26
🔓
Charge satisfied #3
2019-04-26
🔓
Charge satisfied #2
2017-04-01
➖
SHAW, Caryl resigned
director
2006-04-13
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
2006-04-13
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
2001-10-26
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2001-09-18
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2001-09-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2001-01-18
🏢
Company incorporated
As HEATHERLEA (SCOTLAND) LTD.
2001-01-18
➕
SHAW, Kevin Francis appointed
secretary
2001-01-18
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-01-18
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-01-18
➕
SHAW, Caryl appointed
director
2001-01-18
➕
SHAW, Kevin Francis appointed
director
2001-01-18
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2001-01-18
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Ms Emma Carolyn Mcbride Individual · British · DOB 03/1978 · age 48	—	—	sig. influencesignificant influence	01/06/2021

1 historic (ceased) PSC

Mr Kevin Francis Shawceased 01/01/2024· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Leisure & entertainment · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GIRLS ON HILLS LIMITED→ SC610050 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
GLENCOE ACTIVITIES LIMITED→ SC392989 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
GLENFINNAN GUIDE LTD→ SC859495 · est 2025 · no financials extracted	—	—	—	—	—	—	—
GUARDIANS OF THE GLEN LTD.→ SC588838 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
HIGHLAND VENTURE LIMITED→ SC248894 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
IDR INK LOVER LTD→ SC794775 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
JL PARTY EVENTS LTD→ SC846558 · est 2025 · no financials extracted	—	—	—	—	—	—	—
KCPT YOGA LIMITED→ SC770540 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
KENNETH GRANT MOUNTAIN GUIDE LTD→ SC645225 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
LETHAM COMMUNITY SPORTS CLUB→ SC343487 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
LETS BOOK LIMITED→ SC199219 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
LINDSAY FITNESS LTD→ SC500781 · est 2015 · no financials extracted	—	—	—	—	11y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2001-01-18

Jurisdictionscotland

Primary SIC79120 — Tour operator activities

Registered office

The Mountview Hotel

Grantown Road

Nethy Bridge

Inverness-Shire

PH25 3EB

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-02-14

Last: 2026-01-31

Officers (3 active · 5 resigned)

MCBRIDE, Emma Carolyn→

secretary · appointed 2024-01-01

View their other companies + combined net worth →

Active

MCBRIDE, Emma Carolyn→

director · ~48y · appointed 2021-06-01

View their other companies + combined net worth →

Active

WARREN, Fleur→

director · ~42y · appointed 2024-01-01

View their other companies + combined net worth →

Active

SHAW, Kevin Francis→

secretary · appointed 2001-01-18 · resigned 2023-12-31

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-01-18 · resigned 2001-01-18

Resigned

SHAW, Caryl→

director · ~84y · appointed 2001-01-18 · resigned 2017-04-01

Resigned

SHAW, Kevin Francis→

director · ~70y · appointed 2001-01-18 · resigned 2023-12-31

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-01-18 · resigned 2001-01-18

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	Kevin Francis Shaw	A registered charge	—	05/07/2021	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	13/04/2006	11/06/2021
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	13/04/2006	26/04/2019
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	26/10/2001	26/04/2019
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	18/09/2001	26/04/2019
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	06/09/2001	14/12/2020

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-11

confirmation-statement-with-updates

confirmation-statement · CS01

2024-03-04

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-02-26

termination-secretary-company-with-name-termination-date

officers · TM02

2024-01-10

appoint-person-secretary-company-with-name-date

officers · AP03

2024-01-10

termination-director-company-with-name-termination-date

officers · TM01

2024-01-10

appoint-person-director-company-with-name-date

officers · AP01

2024-01-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-08-28

capital-alter-shares-subdivision

capital · SH02

2023-07-13

resolution

resolution · RESOLUTIONS

2023-07-11

confirmation-statement-with-updates

confirmation-statement · CS01

2023-03-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-11-09