ELGIN HEALTH (EASTER ROSS) HOLDINGS LIMITED

📉Decliningactive
SC243125 · ltd · incorporated 2003-01-30
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
79/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: leverage-led grower with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 57/100. 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: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 22.5y

35/100
too messy

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

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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
29 officers (5 active, 29 linked, 22 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
37 connected companies via shared directors
90
Filing history
134 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £257,859

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£257.9k£380.3k
Average employees00

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-10-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-01-29
    ➕
    JOHNSTONE, Peter Kenneth appointed
    director
  4. 2024-01-29
    ➖
    MCDONAGH, John resigned
    director
  5. 2024-01-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-10-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2023-08-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2023-06-30
    ➖
    JOHNSTONE, Peter Kenneth resigned
    director
  10. 2023-06-30
    ➕
    MCDONAGH, John appointed
    director
  11. 2023-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2022-11-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-11-01
    ➕
    JOHNSTONE, Peter Kenneth appointed
    director
  16. 2022-09-28
    ➖
    STEVEN, Gary Martin resigned
    director
  17. 2022-09-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-08-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2022-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-04-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2022-04-08
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  22. 2022-04-01
    ➕
    RESOLIS LIMITED appointed
    corporate-secretary
  23. 2022-03-31
    ➖
    INFRASTRUCTURE MANAGERS LIMITED resigned
    corporate-secretary
  24. 2021-12-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2021-07-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2021-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2021-07-01
    ➖
    CHRISTIE, Rory William resigned
    director
  28. 2021-07-01
    ➕
    STEVEN, Gary Martin appointed
    director
  29. 2020-11-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2020-02-04
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC as Security Trustee
  31. 2019-05-08
    ➖
    BURGE, Richard William Francis resigned
    director
  32. 2019-05-08
    ➕
    CHRISTIE, Rory William appointed
    director
  33. 2019-03-01
    ➕
    LAING, Frank David appointed
    director
  34. 2019-03-01
    ➖
    SMITH, Martin Timothy resigned
    director
  35. 2018-11-06
    ➕
    BURGE, Richard William Francis appointed
    director
  36. 2018-11-06
    ➖
    CHRISTIE, Rory William resigned
    director
  37. 2017-09-01
    ➖
    BURGE, Richard William Francis resigned
    director
  38. 2017-09-01
    ➕
    CHRISTIE, Rory William appointed
    director
  39. 2016-04-01
    ➖
    BAND, James Taylor resigned
    secretary
  40. 2016-04-01
    ➕
    INFRASTRUCTURE MANAGERS LIMITED appointed
    corporate-secretary
  41. 2016-03-31
    🔒
    Charge registered #3
    Lender: Bank of Scotland as Security Trustee
  42. 2015-11-01
    ➕
    GORDON, John Stephen appointed
    director
  43. 2015-11-01
    ➖
    MCDONAGH, John resigned
    director
  44. 2015-04-30
    ➖
    MCEWAN, Alastair John Angus resigned
    director
  45. 2015-04-09
    ➕
    BAND, James Taylor appointed
    secretary
  46. 2015-04-09
    ➖
    JOHNSTONE, Peter resigned
    secretary
  47. 2015-04-09
    ➕
    BURGE, Richard William Francis appointed
    director
  48. 2014-10-31
    ➕
    DONN, Michael Andrew appointed
    director
  49. 2014-10-31
    ➖
    BALFOUR, Bruce resigned
    director
  50. 2014-06-02
    ➕
    MCEWAN, Alastair John Angus appointed
    director
Showing most recent 50 of 77 events

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Aberdeen Infrastructure (No.3) Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Elgin Infrastructure Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
ELGIN HEALTH (EASTER ROSS) HOLDINGS LIMITED
This company · SC243125

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Aberdeen Infrastructure (No.3) Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Elgin Infrastructure Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2003-01-30
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

C/O Resolis Limited Exchange Tower, 11th Floor
19 Canning Street
Edinburgh
EH3 8EG
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (5 active · 24 resigned)

RESOLIS LIMITED→
corporate-secretary · appointed 2022-04-01
View their other companies + combined net worth →
Active
DONN, Michael Andrew→
director · ~54y · appointed 2014-10-31
View their other companies + combined net worth →
Active
GORDON, John Stephen→
director · ~64y · appointed 2015-11-01
View their other companies + combined net worth →
Active
JOHNSTONE, Peter Kenneth→
director · ~61y · appointed 2024-01-29
View their other companies + combined net worth →
Active
LAING, Frank David→
director · ~39y · appointed 2019-03-01
View their other companies + combined net worth →
Active
BAND, James Taylor→
secretary · appointed 2015-04-09 · resigned 2016-04-01
Resigned
JOHNSTONE, Peter→
secretary · appointed 2003-02-28 · resigned 2015-04-09
Resigned
INFRASTRUCTURE MANAGERS LIMITED→
corporate-secretary · appointed 2016-04-01 · resigned 2022-03-31
Resigned
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 2003-01-30 · resigned 2003-02-28
Resigned
BALFOUR, Bruce→
director · ~63y · appointed 2009-04-02 · resigned 2014-10-31
Resigned
BREE, Rhona Macdonald→
director · ~52y · appointed 2005-03-16 · resigned 2005-06-14
Resigned
BURGE, Richard William Francis→
director · ~67y · appointed 2018-11-06 · resigned 2019-05-08
Resigned
BURGE, Richard William Francis→
director · ~67y · appointed 2015-04-09 · resigned 2017-09-01
Resigned
CHRISTIE, Rory William→
director · ~68y · appointed 2019-05-08 · resigned 2021-07-01
Resigned
CHRISTIE, Rory William→
director · ~68y · appointed 2017-09-01 · resigned 2018-11-06
Resigned
FINDLAY, Michael James→
director · ~56y · appointed 2008-02-19 · resigned 2009-03-11
Resigned
FORDYCE, Alan Peter→
director · ~59y · appointed 2005-03-16 · resigned 2013-09-27
Resigned
JOHNSTONE, Peter Kenneth→
director · ~61y · appointed 2022-11-01 · resigned 2023-06-30
Resigned
MCDONAGH, John→
director · ~57y · appointed 2023-06-30 · resigned 2024-01-29
Resigned
MCDONAGH, John→
director · ~57y · appointed 2013-11-11 · resigned 2015-11-01
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC as Security Trustee
A registered charge—04/02/2020—
outstanding
Lloyds Banking Group
Bank of Scotland as Security Trustee
A registered charge—31/03/2016—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Assignation in security1 property13/11/2003—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/11/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (134 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-full
accounts · AA
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
appoint-person-director-company-with-name-date
officers · AP01
2024-01-29
termination-director-company-with-name-termination-date
officers · TM01
2024-01-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-10-02
accounts-with-accounts-type-small
accounts · AA
2023-08-09
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30
termination-director-company-with-name-termination-date
officers · TM01
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-small
accounts · AA
2023-01-09
appoint-person-director-company-with-name-date
officers · AP01
2022-11-16
termination-director-company-with-name-termination-date
officers · TM01
2022-09-28