FORRES HOTELS LIMITED
🌳Matureactive
SC263452 · ltd · incorporated 2004-02-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£267.7k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
PursueAsset-holding vehicle with a 77-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 20.9y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
75
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 · accounting standard not declaredPositive net assets
Net assets £267,726
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£268k
↑ 8.9% YoY
Current Assets
£2k
↓ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £267.7k | £245.8k |
| Current assets | £2.3k | £5.9k |
| Net assets | £267.7k | £245.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-04➖BAIN, Steven James resignednominee-secretary
- 2024-12-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-07➕ROSS, Alexander appointeddirector
- 2021-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-03➖ROSS, Marlene Elizabeth Jane resigneddirector
- 2020-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-02-05🔓Charge satisfied #1
- 2019-11-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-14📄capital-allotment-sharescapital · SH01
- 2019-10-28➕BENZIE, James Stuart Hugh appointeddirector
- 2019-10-28➕ROSS, Marlene Elizabeth Jane appointeddirector
- 2019-09-28➖BENZIE, John Alexander resigneddirector
- 2005-05-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2004-06-03➕BENZIE, John Alexander appointeddirector
- 2004-06-03➖YOUNG, William Leith resignednominee-director
- 2004-02-13🏢Company incorporatedAs FORRES HOTELS LIMITED
- 2004-02-13➕BAIN, Steven James appointednominee-secretary
- 2004-02-13➕YOUNG, William Leith appointednominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander Ross Individual · British · DOB 10/1954 · age 72 | 25–50% | — | 25-50% shares | 07/06/2021 |
Mr James Stuart Hugh Benzie Individual · British · DOB 09/1949 · age 77 | 25–50% | — | 25-50% shares | 14/11/2019 |
2 historic (ceased) PSCs
- Mrs Marlene Elizabeth Jane Rossceased 03/04/2021· 25-50% shares
- Mr Jock Alexander Benzieceased 28/09/2019· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GUIDI'S LTD→ SC533374 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GUN AINM LIMITED→ SC654447 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| H C YU LTD→ SC862333 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HARBOUR STREET POURS LTD→ SC717444 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HEATHMOUNT HOTEL LIMITED→ SC499006 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| HEBRIDEAN HOLIDAY COTTAGES LIMITED→ SC626203 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| HIGHLAND CHINESE LIMITED→ SC804180 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HIGHLAND GUEST SERVICES LTD→ SC848456 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND HOG ROAST LTD→ SC843463 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND HOSPITALITY LTD→ SC721231 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHLAND LOLLEE LTD→ SC727704 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHLAND NC500 ADVENTURES LTD→ SC872332 · 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
Typeltd
Incorporated2004-02-13
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
28 High Street
Nairn
Highland
IV12 4AU
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-05-11
Last: 2025-04-27
Officers (2 active · 4 resigned)
BENZIE, James Stuart Hugh→
Activedirector · ~77y · appointed 2019-10-28
View their other companies + combined net worth →
ROSS, Alexander→
Activedirector · ~72y · appointed 2021-06-07
View their other companies + combined net worth →
BAIN, Steven James→
Resignednominee-secretary · appointed 2004-02-13 · resigned 2024-12-04
BENZIE, John Alexander→
Resigneddirector · ~78y · appointed 2004-06-03 · resigned 2019-09-28
ROSS, Marlene Elizabeth Jane→
Resigneddirector · ~73y · appointed 2019-10-28 · resigned 2021-04-03
YOUNG, William Leith→
Resignednominee-director · ~73y · appointed 2004-02-13 · resigned 2004-06-03
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/05/2005 | 05/02/2020 |
Recent filings (65 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-09
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-27
termination-director-company-with-name-termination-date
officers · TM01
2022-04-27
appoint-person-director-company-with-name-date
officers · AP01
2021-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-27