BOROUGH HOTEL (SCOTLAND) LIMITED

⚰️Wound downdissolved
SC240215 · ltd · incorporated 2002-11-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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 5510
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (65/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 20.0y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 20.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (46/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2012-06-16
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2012-06-16
    🏁
    Company dissolved
  3. 2012-03-16
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  4. 2008-05-21
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  5. 2008-05-21
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  6. 2008-04-21
    ⚠️
    liquidation-court-order-recall-provisional-liquidator
    insolvency · O/C PROV RECALL
  7. 2008-03-06
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  8. 2007-11-29
    ⚠️
    liquidation-voluntary-defer-dissolution
    insolvency · COLIQ
  9. 2007-11-15
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  10. 2007-11-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2007-03-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2006-04-21
    📄
    legacy
    mortgage · 410(Scot)
  13. 2006-04-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  14. 2005-12-29
    📍
    legacy
    address · 287
  15. 2005-12-29
    📄
    legacy
    officers · 288b
  16. 2005-12-29
    📄
    legacy
    officers · 288b
  17. 2005-12-29
    📄
    legacy
    officers · 288a
  18. 2005-12-29
    📄
    legacy
    officers · 288a
  19. 2005-12-29
    📄
    legacy
    officers · 288a
  20. 2005-12-29
    📄
    legacy
    capital · 88(2)R
  21. 2005-12-15
    HBJ SECRETARIAL LIMITED appointed
    corporate-secretary
  22. 2005-12-15
    HENDERSON, Jamie appointed
    director
  23. 2005-12-15
    HENDERSON, Kym appointed
    director
  24. 2005-12-15
    GRYCUK, Fiona resigned
    secretary
  25. 2005-12-15
    DOYLE, Sean Hugh resigned
    director
  26. 2005-11-28
    📄
    legacy
    annual-return · 363a
  27. 2005-11-28
    📄
    legacy
    officers · 288c
  28. 2005-09-29
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  29. 2005-06-28
    📄
    accounts-with-made-up-date
    accounts · AA
  30. 2004-12-08
    📄
    legacy
    annual-return · 363s
  31. 2004-09-24
    📄
    accounts-with-made-up-date
    accounts · AA
  32. 2003-12-21
    📄
    legacy
    annual-return · 363s
  33. 2003-03-19
    GRYCUK, Fiona appointed
    secretary
  34. 2003-03-19
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2003-03-19
    DOYLE, Sean Hugh appointed
    director
  36. 2003-03-19
    MORTON FRASER DIRECTORS LIMITED resigned
    corporate-nominee-director
  37. 2002-11-27
    🏢
    Company incorporated
    As BOROUGH HOTEL (SCOTLAND) LIMITED
  38. 2002-11-27
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  39. 2002-11-27
    MORTON FRASER DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

84/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2012-06-16

8 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2012-06-16: gazette-dissolved-liquidation; 2012-03-16: liquidation-compulsory-return-of-final-meeting-scotland

Similar companies

Active · Hospitality · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEST OF HIGHLAND GAME LIMITED
SC484440 · est 2014 · no financials extracted
11y
BETTY & GEORGE LTD
SC699212 · est 2021 · no financials extracted
4y
BEULAH LETS LTD
SC812119 · est 2024 · no financials extracted
1y
BHAI LUXURY APARTMENTS LTD
SC787796 · est 2023 · no financials extracted
2y
BIRCHBRAE SCOTLAND LIMITED
SC337377 · est 2008 · no financials extracted
18y
BISCUIT BOX EDIN LIMITED
SC664977 · est 2020 · no financials extracted
5y
BISSETS SEAFOOD LTD
SC555887 · est 2017 · no financials extracted
9y
BLACK BREW COFFEE COMPANY LTD
SC880002 · est 2026 · no financials extracted
BLACK METAL BREWERY INT LTD
SC870007 · est 2025 · no financials extracted
BLACKET HOLDINGS LIMITED
SC766789 · est 2023 · no financials extracted
2y
BLACKFRIARSBAR LTD
SC525862 · est 2016 · no financials extracted
10y
BLANK PLATE HOSPITALITY LTD
SC876287 · est 2026 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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

Statusdissolved
Typeltd
Incorporated2002-11-27
Jurisdictionscotland
Primary SIC5510 — SIC 5510

Registered office

Exchange Tower
19 Canning Street
Edinburgh
Midlothian
EH3 8EH

Filing status

Accounts
Next due:
Last made up to: 2006-11-30
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

HBJ SECRETARIAL LIMITED
corporate-secretary · appointed 2005-12-15
View their other companies + combined net worth →
Active
HENDERSON, Jamie
director · ~57y · appointed 2005-12-15
View their other companies + combined net worth →
Active
HENDERSON, Kym
director · ~60y · appointed 2005-12-15
View their other companies + combined net worth →
Active
GRYCUK, Fiona
secretary · appointed 2003-03-19 · resigned 2005-12-15
Resigned
MORTON FRASER SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-11-27 · resigned 2003-03-19
Resigned
DOYLE, Sean Hugh
director · ~58y · appointed 2003-03-19 · resigned 2005-12-15
Resigned
MORTON FRASER DIRECTORS LIMITED
corporate-nominee-director · appointed 2002-11-27 · resigned 2003-03-19
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property18/04/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

gazette-dissolved-liquidation
gazette · GAZ2
2012-06-16
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2012-03-16
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2008-05-21
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2008-05-21
liquidation-court-order-recall-provisional-liquidator
insolvency · O/C PROV RECALL
2008-04-21
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2008-03-06
liquidation-voluntary-defer-dissolution
insolvency · COLIQ
2007-11-29
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2007-11-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-11-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-03-21
legacy
mortgage · 410(Scot)
2006-04-21
legacy
address · 287
2005-12-29
legacy
officers · 288b
2005-12-29
legacy
officers · 288b
2005-12-29
legacy
officers · 288a
2005-12-29