QHS SCOTLAND LTD

🌳Matureactive
SC315075 · ltd · incorporated 2007-01-22
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.0y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

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
£1.30M
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 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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 · 2 lenders · oldest 19.0y

50/100
clean up first

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

  • · Oldest live charge is 19.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
60 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 £1,295,352
Net assets shrinking
Down £56,420 YoY
Cash YoY
+49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↑ 49% YoY
Net Worth
£1.3m
↓ 4.2% YoY
Current Assets
—
Current Liabilities
—
£0£270k£541k£811k£1.1m£1.4mMar 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
Cash£9.4k£6.3k
Net assets£1.30M£1.35M

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-10-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2019-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-10-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2014-11-13
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  20. 2007-09-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2007-06-01
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2007-01-22
    🏢
    Company incorporated
    As QHS SCOTLAND LTD
  23. 2007-01-22
    ➕
    FORSYTH, Robert William appointed
    secretary
  24. 2007-01-22
    ➕
    FORSYTH, Robert William appointed
    director
  25. 2007-01-22
    ➕
    MORRISON, David Greig appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert William Forsyth
Individual · British · DOB 01/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr David Greig Morrison
Individual · British · DOB 01/1974 · age 52
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

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
Incorporated2007-01-22
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Thornwood
Birnie
Elgin
IV30 8SW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (3 active · 0 resigned)

FORSYTH, Robert William→
secretary · appointed 2007-01-22
View their other companies + combined net worth →
Active
FORSYTH, Robert William→
director · ~64y · appointed 2007-01-22
View their other companies + combined net worth →
Active
MORRISON, David Greig→
director · ~52y · appointed 2007-01-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge—13/11/2014—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/09/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property01/06/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
change-person-director-company-with-change-date
officers · CH01
2023-01-23
change-person-director-company-with-change-date
officers · CH01
2023-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-23
change-person-director-company-with-change-date
officers · CH01
2023-01-23
change-person-director-company-with-change-date
officers · CH01
2023-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23