BLYTHSWOOD SQUARE HOTEL GLASGOW LIMITED

🌳Matureactive
SC294938 · ltd · incorporated 2005-12-29
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
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 65/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

16 live charges · 8 lenders · oldest 20.2y

25/100
too messy

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

  • · Oldest live charge is 20.2 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
22 officers (2 active, 22 linked, 17 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
158 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
  • 5 mortgage
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (87 events)Click to expand
  1. 2026-01-16
    📄
    capital-allotment-shares
    capital · SH01
  2. 2026-01-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-01-06
    🔒
    Charge registered #16
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  4. 2025-12-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-12-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-12-23
    🔓
    Charge satisfied #8
  9. 2025-12-19
    🔒
    Charge registered #15
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  10. 2025-12-19
    🔒
    Charge registered #14
    Lender: Credit Agricole Corporate and Investment Bank (As Security Trustee)
  11. 2025-12-19
    🔒
    Charge registered #13
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  12. 2025-10-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2025-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2025-04-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2025-04-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2025-03-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2024-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2024-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2024-03-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2023-12-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2023-12-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2023-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  24. 2023-07-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2023-01-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2022-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  27. 2022-03-21
    GAUTIER, Sophie appointed
    director
  28. 2022-03-21
    TOBELEM, Elsa resigned
    director
  29. 2021-05-28
    LE LAY, Gael Thierry resigned
    director
  30. 2021-05-28
    TOBELEM, Elsa appointed
    director
  31. 2019-08-26
    LE LAY, Gael Thierry appointed
    director
  32. 2018-08-08
    🔒
    Charge registered #12
    Lender: Credit Agricole Corporate and Investment Bank
  33. 2018-07-27
    🔓
    Charge satisfied #7
  34. 2018-07-27
    🔓
    Charge satisfied #6
  35. 2018-07-27
    🔓
    Charge satisfied #5
  36. 2018-07-25
    BOUR, Patrick appointed
    director
  37. 2018-07-25
    BRADSHAW, John Cody resigned
    director
  38. 2018-07-25
    BROUGHTON, Sarah resigned
    director
  39. 2018-07-25
    BURRELL, James Alexander resigned
    director
  40. 2018-07-25
    CHADWICK, Nicholas Mark resigned
    director
  41. 2018-07-25
    TROY, Anthony Gerard resigned
    director
  42. 2018-07-25
    🔒
    Charge registered #11
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  43. 2018-07-25
    🔒
    Charge registered #10
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  44. 2018-07-25
    🔒
    Charge registered #9
    Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
  45. 2018-07-25
    🔒
    Charge registered #8
    Lender: Credit Agricole Corporate & Investment Bank (As Security Agent))
  46. 2015-05-01
    BRADSHAW, John Cody appointed
    director
  47. 2015-05-01
    BURRELL, James Alexander appointed
    director
  48. 2015-05-01
    TROY, Anthony Gerard appointed
    director
  49. 2015-04-07
    🔒
    Charge registered #7
    Lender: Wells Fargo Bank
  50. 2015-03-31
    🔓
    Charge satisfied #4
Showing most recent 50 of 87 events

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

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-01-06: A registered charge; 2025-12-19: A registered charge; 2025-12-19: A registered charge

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.

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Rocky Covivio Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Rocky Covivio Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLYTHSWOOD SQUARE HOTEL GLASGOW LIMITED
This company · SC294938

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Rocky Covivio Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/12/2023
2 historic (ceased) PSCs
  • Blythswood Square Hotel Glasgow Holdco Limitedceased 06/12/2023· 75-100% shares · 75-100% voting · board control
  • The Townhouse Collection Holdings Limitedceased 25/07/2018· 75-100% shares · 75-100% voting · board control

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
Incorporated2005-12-29
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-23
Last: 2025-04-09

Officers (2 active · 20 resigned)

BOUR, Patrick
director · ~48y · appointed 2018-07-25
View their other companies + combined net worth →
Active
GAUTIER, Sophie
director · ~49y · appointed 2022-03-21
View their other companies + combined net worth →
Active
BROTHERSTON, Douglas John
secretary · appointed 2008-04-01 · resigned 2011-06-28
Resigned
HYND, Russell John
secretary · appointed 2011-07-25 · resigned 2015-01-13
Resigned
TAYLOR, Mhairi Joan
secretary · appointed 2006-01-27 · resigned 2008-04-01
Resigned
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED
corporate-nominee-secretary · appointed 2005-12-29 · resigned 2006-01-27
Resigned
BISSETT, Graeme
director · ~68y · appointed 2014-01-09 · resigned 2015-01-13
Resigned
BRADSHAW, John Cody
director · ~48y · appointed 2015-05-01 · resigned 2018-07-25
Resigned
BROTHERSTON, Douglas John
director · ~65y · appointed 2008-04-01 · resigned 2011-06-28
Resigned
BROUGHTON, Sarah
director · ~50y · appointed 2015-01-13 · resigned 2018-07-25
Resigned
BURRELL, James Alexander
director · ~52y · appointed 2015-05-01 · resigned 2018-07-25
Resigned
CHADWICK, Nicholas Mark
director · ~45y · appointed 2015-01-13 · resigned 2018-07-25
Resigned
HYND, Russell John
director · ~56y · appointed 2011-07-25 · resigned 2015-01-13
Resigned
LE LAY, Gael Thierry
director · ~55y · appointed 2019-08-26 · resigned 2021-05-28
Resigned
RISSMANN, Hans
director · ~52y · appointed 2008-07-14 · resigned 2015-01-13
Resigned
TAYLOR, Hamish James
director · ~53y · appointed 2006-01-27 · resigned 2015-01-13
Resigned
TAYLOR, Iain Peter
director · ~55y · appointed 2006-01-27 · resigned 2015-01-13
Resigned
TAYLOR, Mhairi Joan
director · ~81y · appointed 2006-01-27 · resigned 2015-01-13
Resigned
TAYLOR, Peter James
director · ~83y · appointed 2005-12-29 · resigned 2015-01-13
Resigned
TOBELEM, Elsa
director · ~45y · appointed 2021-05-28 · resigned 2022-03-21
Resigned

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

Mortgages & charges

16
Total charges
8
Outstanding
3
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge1 property06/01/2026
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge19/12/2025
outstanding
Credit Agricole Corporate and Investment Bank (As Security Trustee)
A registered charge1 property19/12/2025
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge19/12/2025
outstanding
Credit Agricole Corporate and Investment Bank
A registered charge2 properties08/08/2018
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge25/07/2018
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge25/07/2018
outstanding
Credit Agricole Corporate and Investment Bank (As Security Agent)
A registered charge25/07/2018
satisfied
Credit Agricole Corporate & Investment Bank (As Security Agent))
A registered charge1 property25/07/201823/12/2025
satisfied
Wells Fargo Bank
A registered charge1 property07/04/201527/07/2018
satisfied
Wells Fargo Bank
A registered charge27/03/201527/07/2018
satisfied
Wells Fargo Bank, National Association as Security Agent
A registered charge1 property27/03/201527/07/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property24/05/201131/03/2015
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property16/05/201131/03/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property27/01/200631/03/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property20/01/200631/03/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (158 total)

capital-allotment-shares
capital · SH01
2026-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-23
accounts-with-accounts-type-small
accounts · AA
2025-10-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
accounts-with-accounts-type-small
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-09
gazette-notice-compulsory
gazette · GAZ1
2025-03-04
change-person-director-company-with-change-date
officers · CH01
2024-06-05
change-person-director-company-with-change-date
officers · CH01
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09