MCKAYS HOTEL, BAR AND RESTAURANT LIMITED

🌳Matureactive

SC318451 · ltd · incorporated 2007-03-13

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 19.2y 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

—

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Public houses and bars

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.2y

65/100

clean up first

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

· Oldest live charge is 19.2 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 (74/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (2 active, 8 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

60 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Average employees	50

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts
• 1 persons-with-significant-control

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-small
accounts · AA
2026-03-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-15
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-01-09
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2023-03-20
📄
change-person-director-company-with-change-date
officers · CH01
2023-03-20
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-21
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-03-25
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2020-01-06
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2018-12-28
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2017-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2016-05-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-05-09
📄
change-person-director-company-with-change-date
officers · CH01
2011-10-10
➖
MALONEY DRUMMOND, Angela Mary resigned
secretary
2011-10-10
➖
MALONEY DRUMMOND, Angela Mary resigned
director
2011-01-06
➖
PATERSON, Victoria Clare resigned
director
2007-03-27
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2007-03-26
➖
HONEYMAN, Greig, Mr. resigned
director
2007-03-26
➖
HUTCHISON, Fiona Kathleen resigned
director
2007-03-20
➕
DRUMMOND, Richard William appointed
director
2007-03-20
➕
ERASMUS, Jonathon Paul appointed
director
2007-03-20
➖
HONEYMAN, Greig, Mr. resigned
secretary
2007-03-20
➕
MALONEY DRUMMOND, Angela Mary appointed
secretary
2007-03-20
➕
MALONEY DRUMMOND, Angela Mary appointed
director
2007-03-20
➕
PATERSON, Victoria Clare appointed
director
2007-03-13
🏢
Company incorporated
As MCKAYS HOTEL, BAR AND RESTAURANT LIMITED
2007-03-13
➕
HONEYMAN, Greig, Mr. appointed
secretary
2007-03-13
➕
HONEYMAN, Greig, Mr. appointed
director
2007-03-13
➕
HUTCHISON, Fiona Kathleen appointed
director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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.
+Founder age: Director aged approximately 66 — succession pressure is live.

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 66. 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.)

Group structure

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

🏛️

Turas Hotels Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

MCKAYS HOTEL, BAR AND RESTAURANT LIMITED

This company · SC318451

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
Turas Hotels Limited Corporate entity	75–100%	—	75-100% shares	13/03/2017

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 →

Similar companies

Active · Hospitality · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GLOAGBURN FARM SHOP LTD→ SC301450 · est 2006	£4.45M £3.34M–£5.56M	£6.07M	—	6300	20y	84	65y
CAIRNGORM TAVERNS LTD→ SC382108 · est 2010	—	—	—	6	15y	83	84y
COMRIE CROFT LIMITED→ SC265297 · est 2004	—	—	—	3600	22y	83	64y
GLENCOE HOLIDAYS LIMITED→ SC251147 · est 2003	—	—	—	2	22y	83	59y
ACHADERRY ESTATE LIMITED→ SC287817 · est 2005	—	—	£215.8k	—	20y	82	78y
BREADALBANE BAKERY LTD.→ SC364177 · est 2009	—	—	£50.5k	—	16y	82	87y
CLACHAIG INN LIMITED→ SC241100 · est 2002	—	—	—	54	23y	82	62y
G K L LIMITED→ SC163447 · est 1996	—	—	£127.3k	—	30y	82	70y
GAEL PROPERTIES LTD.→ SC254368 · est 2003	—	—	—	200	22y	82	63y
INVERCOE HIGHLAND HOLIDAYS LIMITED→ SC176697 · est 1997	—	—	£117.9k	—	28y	82	67y
LOCHSIDE HOLIDAYS LIMITED→ SC300339 · est 2006	—	—	—	—	20y	82	69y
LOGIERAIT INN LIMITED→ SC261870 · est 2004	—	—	—	100	22y	82	66y

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

Incorporated2007-03-13

Jurisdictionscotland

Primary SIC56302 — Public houses and bars

Registered office

113 Atholl Road

Pitlochry

Perthshire

PH16 5AG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-27

Last: 2026-03-13

Officers (2 active · 6 resigned)

DRUMMOND, Richard William→

director · ~66y · appointed 2007-03-20

View their other companies + combined net worth →

Active

ERASMUS, Jonathon Paul→

director · ~53y · appointed 2007-03-20

View their other companies + combined net worth →

Active

HONEYMAN, Greig, Mr.→

secretary · appointed 2007-03-13 · resigned 2007-03-20

Resigned

MALONEY DRUMMOND, Angela Mary→

secretary · appointed 2007-03-20 · resigned 2011-10-10

Resigned

HONEYMAN, Greig, Mr.→

director · ~71y · appointed 2007-03-13 · resigned 2007-03-26

Resigned

HUTCHISON, Fiona Kathleen→

director · ~77y · appointed 2007-03-13 · resigned 2007-03-26

Resigned

MALONEY DRUMMOND, Angela Mary→

director · ~67y · appointed 2007-03-20 · resigned 2011-10-10

Resigned

PATERSON, Victoria Clare→

director · ~49y · appointed 2007-03-20 · resigned 2011-01-06

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	27/03/2007	—

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

2026-03-31

accounts-with-accounts-type-small

accounts · AA

2026-03-31

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2026-03-31

confirmation-statement-with-updates

confirmation-statement · CS01

2025-04-02

accounts-with-accounts-type-audited-abridged

accounts · AA

2025-01-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-29

accounts-with-accounts-type-audited-abridged

accounts · AA

2024-01-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-20

change-person-director-company-with-change-date

officers · CH01

2023-03-20

change-person-director-company-with-change-date

officers · CH01

2023-03-20

accounts-with-accounts-type-audited-abridged

accounts · AA

2022-12-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-03-22

accounts-with-accounts-type-audited-abridged

accounts · AA

2021-12-20

accounts-with-accounts-type-audited-abridged

accounts · AA

2021-03-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-03-16