BLYTHSWOOD SQUARE HOTEL GLASGOW LIMITED
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 5 mortgage
- • 1 capital
Corporate timeline (87 events)Click to expand
- 2026-01-16📄capital-allotment-sharescapital · SH01
- 2026-01-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-06🔒Charge registered #16Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2025-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-23🔓Charge satisfied #8
- 2025-12-19🔒Charge registered #15Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2025-12-19🔒Charge registered #14Lender: Credit Agricole Corporate and Investment Bank (As Security Trustee)
- 2025-12-19🔒Charge registered #13Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2025-10-08📄accounts-with-accounts-type-smallaccounts · AA
- 2025-05-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-17📄accounts-with-accounts-type-smallaccounts · AA
- 2025-04-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-07-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-09📄accounts-with-accounts-type-fullaccounts · AA
- 2022-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-03-21➕GAUTIER, Sophie appointeddirector
- 2022-03-21➖TOBELEM, Elsa resigneddirector
- 2021-05-28➖LE LAY, Gael Thierry resigneddirector
- 2021-05-28➕TOBELEM, Elsa appointeddirector
- 2019-08-26➕LE LAY, Gael Thierry appointeddirector
- 2018-08-08🔒Charge registered #12Lender: Credit Agricole Corporate and Investment Bank
- 2018-07-27🔓Charge satisfied #7
- 2018-07-27🔓Charge satisfied #6
- 2018-07-27🔓Charge satisfied #5
- 2018-07-25➕BOUR, Patrick appointeddirector
- 2018-07-25➖BRADSHAW, John Cody resigneddirector
- 2018-07-25➖BROUGHTON, Sarah resigneddirector
- 2018-07-25➖BURRELL, James Alexander resigneddirector
- 2018-07-25➖CHADWICK, Nicholas Mark resigneddirector
- 2018-07-25➖TROY, Anthony Gerard resigneddirector
- 2018-07-25🔒Charge registered #11Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2018-07-25🔒Charge registered #10Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2018-07-25🔒Charge registered #9Lender: Credit Agricole Corporate and Investment Bank (As Security Agent)
- 2018-07-25🔒Charge registered #8Lender: Credit Agricole Corporate & Investment Bank (As Security Agent))
- 2015-05-01➕BRADSHAW, John Cody appointeddirector
- 2015-05-01➕BURRELL, James Alexander appointeddirector
- 2015-05-01➕TROY, Anthony Gerard appointeddirector
- 2015-04-07🔒Charge registered #7Lender: Wells Fargo Bank
- 2015-03-31🔓Charge satisfied #4
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 lowHeavy 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
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
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.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rocky Covivio Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/12/2023 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 20 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | 1 property | 06/01/2026 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | — | 19/12/2025 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Trustee) | A registered charge | 1 property | 19/12/2025 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | — | 19/12/2025 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank | A registered charge | 2 properties | 08/08/2018 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | — | 25/07/2018 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | — | 25/07/2018 | — | |
| outstanding | Credit Agricole Corporate and Investment Bank (As Security Agent) | A registered charge | — | 25/07/2018 | — | |
| satisfied | Credit Agricole Corporate & Investment Bank (As Security Agent)) | A registered charge | 1 property | 25/07/2018 | 23/12/2025 | |
| satisfied | Wells Fargo Bank | A registered charge | 1 property | 07/04/2015 | 27/07/2018 | |
| satisfied | Wells Fargo Bank | A registered charge | — | 27/03/2015 | 27/07/2018 | |
| satisfied | Wells Fargo Bank, National Association as Security Agent | A registered charge | 1 property | 27/03/2015 | 27/07/2018 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 24/05/2011 | 31/03/2015 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 16/05/2011 | 31/03/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 27/01/2006 | 31/03/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 20/01/2006 | 31/03/2015 |