SHG PROPERTIES LIMITED

🌳Matureactive
SC264805 · ltd · incorporated 2004-03-11
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.
Why now
Window closing · high confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Investment thesis: unclassified → well_run_hard_buy
  • · Hygiene score: 62 → 82
  • · Opportunity score: 74 → 83
  • · Bankability: 70 → 80
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.2y old — refinance window within 12 months
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • ·Investment thesis: unclassified → well_run_hard_buy
  • ↑Opportunity score: 74 → 83
  • ↑Hygiene score: 62 → 82
  • ↑Bankability: 70 → 80
  • ·Distress / opportunity: exceptional → avoid
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£647.4k
book net assets
Opportunity
83/100
Exceptional
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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
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 22.2y

65/100
clean up first

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

  • · Oldest live charge is 22.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £647,370
Cash YoY
+52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£14k
↑ 52% YoY
Net Worth
£647k
↑ 4.2% YoY
Current Assets
£15k
↑ 51% YoY
Current Liabilities
—
£0£129k£259k£388k£518k£647kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£700.3k£704.2k
Current assets£14.7k£9.7k
Cash£14.1k£9.3k
Debtors£560£459
Net assets£647.4k£621.3k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-08-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-03-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-09
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  6. 2022-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2022-09-15
    ➖
    MATHESON, Helen Christina resigned
    secretary
  9. 2021-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2008-04-01
    ➕
    MATHESON, Helen Christina appointed
    secretary
  18. 2008-04-01
    ➖
    ANDREW DUNCAN & CO (SCOTLAND) LIMITED resigned
    corporate-secretary
  19. 2006-04-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  20. 2004-04-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2004-03-19
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2004-03-11
    🏢
    Company incorporated
    As SHG PROPERTIES LIMITED
  23. 2004-03-11
    ➕
    GUNN, Angus Fraser appointed
    director
  24. 2004-03-11
    ➕
    HADDOW, James Glencross appointed
    director
  25. 2004-03-11
    ➕
    SMITH, Richard Michael appointed
    director
  26. 2004-03-11
    ➕
    ANDREW DUNCAN & CO (SCOTLAND) LIMITED appointed
    corporate-secretary
  27. 2004-03-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  28. 2004-03-11
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

75/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong 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.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Angus Fraser Gunn
Individual · British · DOB 05/1965 · age 61
25–50%
—25-50% shares06/04/2016
Mr Richard Michael Smith
Individual · British · DOB 02/1952 · age 74
25–50%
—25-50% shares06/04/2016
James Glencross Haddow
Individual · British · DOB 05/1949 · age 77
25–50%
—25-50% 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 →

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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
Incorporated2004-03-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Achorn House
34 Millbank Road
Munlochy
Ross-Shire
IV8 8ND
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (3 active · 3 resigned)

GUNN, Angus Fraser→
director · ~61y · appointed 2004-03-11
View their other companies + combined net worth →
Active
HADDOW, James Glencross→
director · ~77y · appointed 2004-03-11
View their other companies + combined net worth →
Active
SMITH, Richard Michael→
director · ~74y · appointed 2004-03-11
View their other companies + combined net worth →
Active
MATHESON, Helen Christina→
secretary · appointed 2008-04-01 · resigned 2022-09-15
Resigned
ANDREW DUNCAN & CO (SCOTLAND) LIMITED→
corporate-secretary · appointed 2004-03-11 · resigned 2008-04-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-03-11 · resigned 2004-03-11
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/04/2006—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/04/2004—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property19/03/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-16
change-sail-address-company-with-old-address-new-address
address · AD02
2023-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-22